A quick peek into the report
Table of Contents
|1.1||KEY RESEARCH FINDINGS|
|1.3||SCOPE OF THE STUDY|
|184.108.40.206||DEVELOPMENT OF SYSTEM ON CHIPS (PROCESSORS) WITH FASTER PROCESSING SPEEDS|
|220.127.116.11||EMERGENCE OF THERMAL AND PANORAMIC CAMERAS|
|18.104.22.168||INCREASING CONCERNS REGARDING PUBLIC SAFETY|
|22.214.171.124||RISING DEMAND OF HIGH DEFINITION AND MEGAPIXEL CAMERAS|
|126.96.36.199||EVOLUTION OF SMART HOMES & BUILDING AUTOMATION DEMANDING ADVANCED VIDEO SURVEILLANCE SYSTEMS|
|188.8.131.52||GOVERNMENT INVOLVEMENT AND INITIATIVES|
|184.108.40.206||INTEGRATING PHYSICAL SECURITY WITH VIDEO SURVEILLANCE|
|220.127.116.11||THREAT TO DATA INTEGRITY|
|18.104.22.168||HIGH INITIAL COSTS|
|22.214.171.124||LACK OF STANDARDIZATION|
|126.96.36.199||SCALABILITY IN TERMS OF CAMERAS AND STORAGE|
|188.8.131.52||LIMITED AVAILABILITY OF SKILLED PROFESSIONALS|
|184.108.40.206||DEMAND LARGELY CONCENTRATED IN GOVERNMENT AND PUBLIC SAFETY DEPARTMENTS|
|220.127.116.11||EARLY, LONG TERM, AND HIGHER ROI THROUGH IP VIDEO SURVEILLANCE SYSTEMS|
|18.104.22.168||LOWER TOTAL COST OF OWNERSHIP, ESPECIALLY IN IP –BASED SYSTEMS|
|22.214.171.124||INCREASING OPPORTUNITY FOR SERVICE PLAYERS DUE TO REDUCTION IN THE COST OF CLOUD STORAGE SOLUTION|
|3.2||PORTERS FIVE FORCES|
|3.2.1||THREAT FROM SUBSTITUTES|
|3.2.2||BARGAINING POWER OF CUSTOMERS|
|3.2.3||BARGAINING POWER OF SUPPLIERS|
|3.2.4||THREAT OF NEW ENTRANTS|
|3.2.5||DEGREE OF COMPETITION|
|3.3||VALUE CHAIN ANALYSIS|
|4.2||ANALOG VIDEO SURVEILLANCE SYSTEMS|
|4.3||IP/ NETWORK VIDEO SURVEILLANCE SYSTEMS|
|5.2.2||CAMERA MARKET BY TECHNOLOGY|
|126.96.36.199.1||TYPES OF CONNECTIVITY|
|5.2.3||CAMERA MARKET BY RESOLUTION|
|188.8.131.52||MEGAPIXEL NETWORK CAMERA|
|5.2.4||CAMERA MARKET BY PRODUCT TYPE|
|184.108.40.206||THERMAL NETWORK CAMERAS|
|220.127.116.11||COVERT NETWORK CAMERAS|
|5.4.2||MARKET BY STORAGE MEDIA|
|18.104.22.168||HARD DISK DRIVES (HDD)|
|22.214.171.124||SOLID STATE DRIVES (SSD)|
|126.96.36.199||OTHER STORAGE MEDIA (OPTICAL DRIVES & LINEAR TAPES) 98|
|5.4.3||MARKET BY STORAGE TECHNOLOGY|
|188.8.131.52||DIRECT ATTACHED STORAGE (DAS)|
|184.108.40.206||STORAGE AREA NETWORK|
|220.127.116.11||NETWORK ATTACHED STORAGE|
|18.104.22.168||DIGITAL VIDEO RECORDERS|
|22.214.171.124||NETWORK VIDEO RECORDERS|
|126.96.36.199||UNIFIED STORAGE/HYBRID STORAGE|
|6.1||VIDEO SURVEILLANCE SOFTWARE|
|188.8.131.52||SECURITY & SURVEILLANCE PLATFORM|
|184.108.40.206||ENTERTAINMENT & HOSPITALITY PLATFORM|
|220.127.116.11||COMMERCIAL COMMUNICATION PLATFORM|
|6.1.3||VIDEO MANAGEMENT SYSTEM (VMS)|
|6.2||VIDEO SURVEILLANCE AS A SERVICE|
|8.5.1||THE MIDDLE EAST|
The report presents a detailed market analysis including an in-depth analysis of the market drivers, opportunities, challenges, and growth trend mapped across equipment, software, services, application, and geographies. The Industry Analysis presents detailed insights into the attractiveness of the video surveillance industry using the Porter’s and Value Chain analysis. The market is segmented on the basis of equipment, software, services, key applications, and major geographical regions.
Development of System on Chips (Processors) with faster processing speeds and Increasing concerns regarding public safety have been identified as the key drivers that could escalate the market growth in the coming years. However, Lack of standardization, High initial costs, and Threat to data integrity continue to remain the pain points of the market. Moreover, the reduction in the cost of cloud storage solution has surfaced as a key opportunity for service players in the video surveillance market.
The video surveillance equipment chapter is the result of a comprehensive and rigorous research. The chapter is divided into three major equipments which are the camera, monitors and storage. Cameras are further segmented by technology, connectivity, resolution, and product type. Storage section is discussed under two subheadings of storage media and technology. The information supplied in the chapter includes key market players, market size, key restraints, and growth opportunities.
The software market deals with video analytics and video management software (VMS). Each segment is presented with the key players, restraints, and opportunities in addition to the applications of these software in the video surveillance market. The next segment discusses the evolving market of Video Surveillance as a Service. This segment also discusses the market of VSaaS across different applications, geographies and types.
Since the last decade, video surveillance systems have penetrated a plethora of application areas including parks, stadiums, hospitals, retail outlets, bank, and institutions among others. The report provides an exhaustive application analysis including the market statistics for different verticals such as commercial, infrastructure and others and enumerates various use cases with a futuristic roadmap for each industry vertical.
The Geographical Analysis includes quantification of key PESTLE drivers, along with examples of products or processes within these drivers. An extensive research and study on the leading as well as developing regions in the video surveillance market such as APAC, North America, Middle East, and Latin America, the report provides the market statistics, drivers, challenges, and opportunities across these regions.
The report also formulates the entire value chain of the market, along with industry trends of video surveillance equipments, software, and services with emphasis on market timelines & technology roadmaps, and market dynamics. Some of the key players identified in the report are Avigilon Corporation (Canada), Axis Communication (U.S.), D-Link Corporation (U.S.), Genetec (Canada), Milestone Systems (Denmark), Panasonic Corporation (Japan), Mobotix AG (Germany) Samsung Techwin Co. Ltd (Korea), and Bosch Security systems (Germany), among others.
Key Questions Answered in this Report
Key questions answered in the report
- What will be the global video surveillance market value by 2020 along with the estimated CAGR?
- What are the driving factors for the global video surveillance market through 2014 to 2020?
- Which factors are impeding the growth of the global video surveillance market?
- How will IP cameras surpass the demands of analog video surveillance systems in the next two years?
- Which storage technology will prove to be the most cost-efficient for video surveillance systems?
- What is the importance of software in video surveillance systems?
- How will the market for Video Surveillance as a Service evolve through 2014 to 2020?
- Which application will dominate the global video surveillance application market by 2020?
- Which region will lead the global video surveillance market by 2020?
After almost three decades of the dominance of analog video surveillance systems, the market will soon be transformed to follow the paradigm of IP/network based systems. The enabling features of IP based systems over their analog counter parts are primarily the high resolution output and declining hardware and software prices. However, it will not be for another two years that the market will witness a wide scale adoption of IP based systems since, majority of the existing surveillance systems are entirely analog and switching will prove to be a costly affair for the owners.
IP based video surveillance systems will open doors for a host of industry verticals ranging from cloud storage solution to service providers and storage vendors to mega-pixel and HD camera vendors. In addition to the compelling features in terms of output images/video that IP systems provide, the cost of cabling is considerably reduced in comparison to the analog counterparts. Video analytics and video management software have further spurred the demand for video surveillance systems among the consumers. With the aid of such software, intelligent video surveillance systems are gaining popularity in the market, especially in retail outlets and public areas.
The key enabling driver to the growth of video surveillance market is the rising concern of public and personal safety. The recent attacks of terrorism and crimes have led to the rising importance of video surveillance systems in security systems. Moreover, the parallel evolution of smart homes and building automation have surged the demand of smart video surveillance systems, in the related security installations.
There is no doubt that the market has many driving forces which will contribute in the mushrooming demand of video surveillance systems, but there are certain restrains that could be plaguing the video surveillance market in the coming years. For example, the changing trend to IP based video surveillance systems will present the need of high capacity storage solutions, because of the ability of continuous monitoring and high quality output. Moreover, as the world becomes more and more networked, the integrity of the recorded data could be compromised. Hence, lack of standardization and data surveillance laws continue to be the pain points for the market. Also, the existing security personnel are not familiar with the concepts of networking and related aspects. Therefore, the market is experiencing a lack of skilled professionals that could manage both the operation and software problems in a surveillance system.
The video surveillance equipment market deals with cameras, monitors, and storage. The primary component of video surveillance equipment is the camera. In the past six decades, since the first analog camera was developed, the market has witnessed many technological breakthroughs enabling better quality, more cost-effective, and reliable security systems. With the introduction of thermal and panoramic cameras in the commercial market, it is expected that the equipment market will witness strong growth in the coming years.
The segment of video surveillance software and services market provides a detailed market study of the major types of video surveillance software-video analytics and VMS and Video Surveillance as a Service (VSaaS). The video analytics market is still at the nascent stage and hence currently has a very application specific approach in the market. The current major application is surveillance, but entertainment and visual communication applications have started witnessing growth lately. The Video management software (VMS) serves as an important tool to record and view live video footage from multiple surveillance cameras for both IP and analog cameras with an encoder. It also helps in monitoring alarms, controlling cameras and retrieving recordings from an archive. The video surveillance software market is expected to grow at an estimated CAGR of 19.25% from 2014 to 2020.
Using software as a service is set to revolutionize the video surveillance industry thanks to the features of cost savings and ease of management of such services. Video Surveillance as a Service (VSaaS), also called hosted or managed video surveillance, presents big opportunities for new companies venturing their way in the video surveillance market and also for the traditional vendors providing analog cameras and VMS. The market is still in evolving stage for VSaaS, but will grow at a healthy CAGR of over 32% from 2014 to 2020.
The application areas for video surveillance systems have increased steadily over the past five years. This increase can be primarily attributed to the increasing penetration of connectivity solutions and the trend to deploy integrated solutions across end user applications. Also, the rising need for safety and security of infrastructure and people has further facilitated the proliferation of surveillance systems among the consumers.
With a meticulous approach, the market study has identified APAC as the leading region in the global video surveillance ecosystem market accounting for almost 32% of the net revenue generated by the video surveillance equipment, software, and services, and is expected to continue with its dominance during the forecast period as well. However, ROW including regions like Latin America, Middle East, and Africa are likely to grow at the highest CAGR during the same time. Europe is also anticipated to be a promising market with explosive demands expected from the U.K., Germany and other European nations.
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