Market for IP video surveillance systems to grow at a higher CAGR during the forecast period The growth of the IP video surveillance systems market is mainly due to the shifting preference from analog to IP systems.
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To calculate the market size, the report considers the revenue generated by the market vendors. This is higher than the rate forecast for markets in East Asia, India, or Oceania. China is the only large regional market in Asia that is forecast to Video surveillance market in southeast faster.
The key advantages of IP systems include enhanced image quality, high scalability, easy installation, and remote accessibility with network-based models. The report covers Malaysia, Singapore, Thailand, and Vietnam; it also covers the landscape of the Video Surveillance market in Southeast Asia and its growth prospects in the coming years.
The market for video surveillance systems and services in Asia Pacific is likely to continue to grow significantly at a high rate in the near future. The video surveillance market based on verticals has been segmented into commercial, infrastructure, military and defense, residential, public facility, and industrial.
However, the Indonesian and Vietnamese markets are forecast to fastest, driven by investment in large infrastructure and manufacturing. The market for IP video surveillance systems is expected to grow at a rapid pace in the near future owing to technological advancements in IP cameras as well as in the storage device industry.
Commercial vertical to dominate the video surveillance market during the forecast period The commercial vertical is expected to dominate the video surveillance market. The rising demand for video surveillance systems in retail stores and malls, enterprise and data centers, and banking sectors is driving the growth of this market.
November 12, Description About Video Surveillance Video surveillance system consists of many appliances. The requirement of high-capacity storage systems and higher bandwidth is one of the major challenges faced by the video surveillance system providers.
The hardware segment mainly consists of cameras, monitors, storages, and accessories. This report segments the video surveillance market on the basis of system, offering, vertical, and region. Covered in this Report This report covers the present scenario and the growth prospects of the Video Surveillance market in Southeast Asia during the period Company Snapshot Figure 61 Dahua: Company Snapshot Figure 64 Avigilon: With comparatively low growth in many other international markets, these vendors will look to make the most of opportunities in South East Asia over the decade ahead.
Video surveillance systems are increasingly being used in security systems. The growth of this vertical is attributed to the increasing use of video surveillance systems in applications such as retail stores and malls, enterprise and data centers, banking and financial buildings, hospitality centers, and warehouses.
The video surveillance market based on systems has been segmented into analog video surveillance systems and IP video surveillance systems. Japanese and Western brands are keeping high share of the Southeast Asian market. The market shares of Chinese vendors and local vendors are estimated to have increased in the Southeast Asian market in Company Snapshot Figure 63 Flir: Shipment of IP camera and analog camera The market for IP video surveillance systems is expected to grow at a rapid pace in the near future owing to the technological advancements in IP cameras and advantages offered by IP cameras such as superior image quality, scalability, and flexibility, and reliability.
The presence of a video camera acts as a deterrent to potential criminals, thereby detecting possible dangers at early stage. Company Snapshot Figure 62 Axis Communications: The hardware segment is expected to dominate the video surveillance market during the forecast period.
Under this vertical, commercial areas such as enterprises and data centers, banking and finance buildings, hospitality centers, retail stores and malls, and warehouses are considered. As a result of the growing number of dangers and increasing losses, video surveillance is an extremely valuable and economical means of improving the security of people, buildings, and valuables.
The video surveillance market based on offerings has been segmented into hardware, software, and services. Meanwhile, in some other Southeast Asian countries, government and private sector security spending is being postponed or cancelled, due to the knock-on effects of low oil prices.
Request More Information The Southeast Asian market for video surveillance equipment is forecast to grow at an average annual rate of 7. The report includes a discussion of the key vendors operating in this market. Also, due to the cybersecurity threats, it poses a big challenge to use cloud-based services; there can be cybersecurity threats for the data that is uploaded to the cloud platform.
OEPC organizations often use the same video surveillance equipment vendors that they use in regions outside Southeast Asia.APAC to dominate the video surveillance market during the forecast period.
Asia Pacific is the fastest-growing region in the video surveillance market owing to heavy investments in building new and improve existing infrastructure.
The market for video surveillance systems and services in Asia Pacific is likely to continue to grow significantly. There’s the global market and then there’s the Chinese market In IHS Markit’s report, Jon Cropley reflects on the dominance and exceptionalism of the Chinese market.
The world’s other superpower is forecast to account for over 46% of global professional video surveillance equipment revenues in The video surveillance market based on systems has been segmented into analog video surveillance systems and IP video surveillance systems.
The market for IP video surveillance systems is expected to grow at a higher CAGR between and Southeast Asia Video Surveillance Market Size, Share, Study, Trends, Growth, Analysis Research Beam adds a report titled “Video Surveillance Market in Southeast Asia ” that provides detailed information of the Video Surveillance Market.
The report is. The Indonesian electronic security market is set to post strong growth in the coming years backed by factors like rising security concerns, increasing government security spending and surging IT infrastructure.
According to a recent report from 6W research, the country’s video surveillance market is projected to reach $ million by Video surveillance system consists of many appliances.
Any appliance that enables embedded image capture capabilities that allows video images or extracted information to be compressed, stored, and transmitted over communication networks or digital data link is part of video surveillance system.Download