Global Video Surveillance Market Forecast to 2026
The Global Cloud Video Surveillance Market Forecast to 2026
North America: U.
North America: U.
North America Video Surveillance Market is forecast to grow at a CAGR of 10. 1% during the period 2016-2026. The North American video surveillance market is segmented based on application, deployment and market-level.
On the basis of applications, the global video surveillance market is segmented into CCTV (closed circuit television), broadcast media, surveillance, and security, and other services.
On the basis of deployment, the market has been divided into fixed and mobile, based on deployment strategy, the global video surveillance market is segmented as fixed, mobile and hybrid. The hybrid segment is segmented based on deployment strategy into wired and wireless.
On the basis of market level, the global video surveillance market has been divided as per geography. The global sales and market share analysis has been segmented as per geography into North America, Europe, Asia-Pacific (China and India), and remaining regions.
North America Video Surveillance Market is projected to grow at a CAGR of 10. 1% during the period 2016-2026. The North American Video Surveillance market comprises of the U. , Canada, Mexico, and Rest of the World.
On the basis of application, the global video surveillance market is segmented into CCTV, broadcast media, surveillance, and security, and other services.
The Global 4K IP Cameras Market Analysis
It also looks at emerging trends and their impact on current and future market scenarios. The report offers valuable insights on future trends within the market across the different stages of the global market. These are further included in the Global 4K IP Cameras market with some important attributes such as production, regional market share, price, supply and demand, size, product profit, value, capacity and market growth rate. Geographically the market report encompasses all the key manufacturers from different regions of the world. This report can be customized to meet client’s requirements. Please contact our sales team ( sales@marketandresearch. biz) who will ensure that you get a report that fits your needs. You can also reach out to our executives at +1-201-465-4211 to share your research needs.
By Date: April 29, 2016.
The global 4K IP camera market was valued at $20. 8 billion in 2015 and is expected to reach $39. 2 billion by 2018, exhibiting a CAGR of 11. 2% between 2016 and 2018. The major factors restraining the market growth are the high price and the rise of video recorder devices.
The Global 4K IP Cameras Market Size and Segmentation.
To provide a comprehensive understanding of the global 4K IP cameras market, this report studies the market size and segments by product types, end-use industries, regions, and leading markets. The report also studies the sales channel, production base, and major vendors of 4K IP cameras across key geographies.
The study also covers the major drivers and restraining factors and the market competition landscape. The key findings are listed below.
The majority of the end-user industries targeted by the global 4K IP cameras are broadcasting and production, and the video recorder devices is the major application of these products. The 4K IP cameras are used in live streaming, surveillance, high definition television applications, and production, which provide a large profit margin for camera manufacturers.
North America, Western Europe, Eastern Europe, and Asia-Pacific regions are projected to dominate the market in the near future, due to the increasing need for professional quality video equipment.
The report also presents the vendor landscape, which includes the financial and non-financial business information.
End-use Industry.
The major end-use industries, which are the major revenue drivers, are broadcasting, sports, and production.
Among the broadcast sectors, the broadcasting of video and broadcasting of multimedia content, and the broadcasting of educational contents are leading the market.
The video cameras are also used in the production sector.
The market of surveillance cameras is projected to emerge as the largest revenue generator in the near future, owing to the high demand for security cameras.
The camera-based surveillance was the largest revenue generator in 2014.
North America (NA) was projected to grow at a high CAGR during the forecast period.
S and Canada are the major regions of the global 4K IP camera market.
The market of North America is projected to be the largest revenue generator in the near future.
Growth prospects in the smart home sector from 2017 to 2025
Modern homes are controlled digitally. Lights, doors, sockets, windows, sensors, speakers, security systems, locks, cameras, heating-ventilation-cooling et cetera are connected and intelligently controlled. Digital giants such as Amazon (Alexa, Echo), Apple (Siri, HomeKit), Google (GoogleHome, Nest) and Microsoft (Cortana) entered the control of the home technology and position themselves in the fast-growing smart home market. Depending on the study, turnovers in the smart home sector in the period from 2017 to 2025 will increase by 13 to 16 per cent annually. As for the forecast of growth for the next three years, IDC assumed an average annual growth rate of plus 16 per cent until 2024. The number of devices would accordingly rise from 110 in 2020 to 200. In four years, 6 million are produced. Analysts predicts that the largest growth opportunities in the lighting sector is expected to increase by 45 per cent annually (source: itreseller.
(Image: IHS Markit, via CC0 Public Domain).
The smart house market will likely continue growth in the 2020s as technology improves the level of automation, particularly in the connected home sector.
The residential smart home sector experienced growth from 2014 to 2016, reaching $15 billion in 2017. However, by the end of 2017, the sector’s market had already lost more than half its growth rate.
The most significant reason for this drop was the rise in the cost of smart home systems, which in 2016 totaled about $300 million.
The sector was once valued at over $100 billion as smart devices in most cases had an additional 10-20% added value. That’s no longer the case, however, as smart devices’ value falls as users increasingly have fewer alternatives to use.
Here are how the sector is likely to change over the next five years.
The cost of smart devices declines as consumers increasingly have fewer options to use them. (Image: IHS Markit).
Growth in the smart home sector will slow.
In 2016, smart home devices were valued at $14 billion. By the end of 2017, that value was down to about $12 billion.
The reason for this drop is largely technology advances, which allow us to use existing devices faster and more effectively.
These advancements have enabled homeowners to use the technology to improve and enhance the way they live, and thus, the cost of the devices dropped.
It also seems clear that we will continue this drop as the technology is used to a smaller and smaller degree, leading to fewer and fewer choices.
Another large reason behind the drop in cost is that consumers are willing to pay less for the appliances they have.
The reason for this is that consumers realize that the appliances are just a few percentage points from the best that can be bought today.
These developments were largely enabled by smartphones and tablets becoming more affordable.
It is likely that the same will happen to the smart home technology as it has enabled the rise in the cost of the devices.
In other words, the rise in the cost of the devices will continue as smartphones and tablets become more affordable and the technology to use them becomes more advanced.
As a result, the smart home technology, once the most cost-effective way to live, will likely continue to decline.
Related Posts:
Spread the loveThe Global Cloud Video Surveillance Market Forecast to 2026 North America: U.North America: U.North America Video Surveillance Market is forecast to grow at a CAGR of 10. 1% during the period 2016-2026. The North American video surveillance market is segmented based on application, deployment and market-level.On the basis of applications, the global video…