Security Cameras Market 2021-2027
New Study Reports " Security Cameras Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.
Introduction/Report Summary:
This report provides in depth study of “Security Cameras Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Security Cameras Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Market Research Future (MRFR) estimates the global security cameras market to reach USD 9.72 million at a CAGR of 11% from 2019–2027 (forecast period).
The global security cameras Market witness’s substantial revenue growth. The market growth attributes to the rising adoption of security cameras across commercial, residential, industrial, and infrastructural landscapes. Besides, the increasing awareness for the security cameras advantages drives the growth of the market. Moreover, the rising uptake of wireless/IP cameras to manage social distancing during COVID-19 challenges escalates the market valuation.
IoT in video surveillance has created a massive demand for IP-based camera systems. The increased adoption of IP-surveillance in perimeter security and the rising trend of smart homes boost the market size.
Law enforcement agencies are grappling with the inability to detect faces using surveillance devices. The emergence of AI-powered thermal cameras that can automatically screen up to 16 individuals to identify those showing symptoms of COVID-19 substantiates the market growth. Also, industry players are developing AI-based solutions enabling detection & monitor COVID-19 related anomalies.
On the other hand, low awareness of advanced security solutions is a major factor projected to impede the market growth. Additionally, privacy and data breach concerns, alongside the costs associated with the purchase and maintenance of security cameras, pose a challenge to the market's growth. Nevertheless, increasing uptake of the advanced technologies would support market growth throughout the assessment period.
Key Players
Players leading the global security cameras market include Motorola Solutions, Inc. (US), Hangzhou Hikvision Digital Technology Co. Ltd (China), Swann Communications Pty. Ltd (US), Arlo Technologies Inc (US), Shenzhen Leshi Video Tech. Co., Ltd (China), Godrej Security Solutions (India), ADT Inc. (US), Vivint, Inc. (US), Logitech International SA (Switzerland), FrontPoint Security Solutions, LLC (US), SimpliSafe, Inc. (US), Sony Corporation (Japan), Samsung Communications (South Korea), Toshiba America Information Systems, Inc (US), and Panasonic Corporation (Japan).
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Security Cameras.
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Global Security Cameras Market – Segments
The report is segmented into six dynamics.
By Type : Infrared (IR) Bullet Camera, Dome Security Camera, Point Tilt & Zoom (PTZ) Camera, Box Security Camera, Wireless/IP Camera, and other cameras.
By Application: Indoor Security Cameras and Outdoor Security Cameras.
By Resolution: High Definition (HD) & Full HD, and Non HD.
By Professional Service: Consulting Service, Installation & Deployment Service, and Maintenance & Support Service.
By End-User: Residential/Home, Commercial/Public Space, Industrial /Manufacturing Facilities, and others.
By Regions: Europe, North America, Asia Pacific, and the Rest-of-the-World.
Global Security Cameras Market – Regional Analysis
North America dominates the global surveillance camera market. The largest market share attributes to the rising needs for public and personal safety. Besides, the extensive adoption of advanced security cameras in residential, commercial, and industrial /manufacturing facilities drives the market's growth in the region. Moreover, the spurting growth in end-use industries creates opportunities allowing the market to grow colossally. The US market accounts for the dominating share in the region.
Europe stands second in the global security cameras market. The market growth is fostered by the increasing uptake of surveillance solutions in government establishment and public protection policies. Additionally, the growing adoption of cloud-based surveillance services for indoor and outdoor security measures fosters regional market growth. Furthermore, the increased adoption of security cameras in the commercial landscape substantiates the regional market's development.
The Asia Pacific region has evolved as a promising market for security cameras globally. Factors such as the multiple infrastructure development projects and a large population requiring surveillance & monitoring technologies boost the regional market growth. Moreover, continuous technological advancements and the strong presence of security cameras and component manufacturers drive the regional market's growth.
Industry/ Innovation/ Related News
November 19, 2021 ---- HSS Inc. (the US), a leading provider of technology and security services in high-risk environments, launched an artificial intelligence (AI)-powered thermal cameras Spotlight™. These two new security offerings would help protect individuals' health and safety at airports, government buildings, hospitals, oil and gas facilities, schools, and other settings where safety and security are top of mind.
HSS is part of the home health care product & service industry. These newly launched innovative security offerings would also help combat COVID-19, reduce medical and cybersecurity risk. AI-powered thermal cameras protect healthcare providers from costly lawsuits and cyberattacks, patients from negative medical outcomes. Spotlight automatically screen up to 16 individuals at a time showing symptoms of COVID-19.
Key Stakeholders
Security Cameras Market Manufacturers
Security Cameras Market Distributors/Traders/Wholesalers
surveillance camera Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/security-cameras-market-7744
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Landscape
…..
14 Company Profiles
14.1 Hangzhou Hikvision Digital Technology Co. Ltd (China)
14.1.1 Company Overview
14.1.2 Type/Business Segment Overview
14.1.3 Financial Updates
14.1.4 Key Developments
14.1.5 SWOT Analysis
14.1.6 Key Strategies
14.2 Motorola Solutions, Inc. (Motorola Home)
14.2.1 Company Overview
14.2.2 Type/Business Segment Overview
14.2.3 Financial Updates
14.2.4 Key Developments
14.2.5 SWOT Analysis
14.2.6 Key Strategies
14.3 Swann Communications Pty. Ltd. (US)
14.3.1 Company Overview
14.3.2 Type/Business Segment Overview
14.3.3 Financial Updates
14.3.4 Key Developments
14.3.5 SWOT Analysis
14.3.6 Key Strategies
14.4 Shenzhen Leshi Video Tech. Co., Ltd (China)
14.4.1 Company Overview
14.4.2 Type/Business Segment Overview
14.4.3 Financial Updates
14.4.4 Key Developments
14.4.5 SWOT Analysis
14.4.6 Key Strategies
And more
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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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