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Surveillance Market to Grow at CAGR of 11.9% through 2023 by Planet Market Reports
Surveillance Market to Grow at CAGR of 11.9% through 2023 by Planet Market Reports

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Surveillance Consumption Market | Forecast 2018-2023

In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Surveillance market for 2018-2023.

This report focuses on surveillance system used for residential, commercial and Public & Government Infrastructure.

In the report, the surveillance market refers to the video surveillance market. The video surveillance market includes hardware segment, Software and Service segment.

The hardware comprised of cameras, recorders, storage, encoders and monitors.
Software and Service segment includes Video Analytics, Video Management Systems, VSaaS Service and Installation & Maintenance Service etc.

Currently, there are many producing companies in the world. The main market players are Hikvision, Dahua Technology, Axis Communications AB, Panasonic, Honeywell Security, Hanwha, United Technologies, Tyco, Bosch Security Systems, Pelco, Huawei Technologies, Siemens AG, Avigilon Corporation, Uniview, Flir Systems, Inc and so on. The revenue of Surveillance is about 22308 Million USD in 2016.

China is the largest consumption region of Surveillance, with a consumption market share nearly 38.30% in 2016. The second place is North America; following China with the consumption market share over 20.68% in 2016. Europe is another important consumption market of Surveillance.

Surveillance used in industry including Residential Use, Commercial Use and Public & Government Infrastructure. Report data showed that 13.60% of the Surveillance market demand in Residential Use, 36.56% in Commercial Use, and 49.84% in Public & Government Infrastructure in 2016.

Over the next five years, Planet Market Reports projects that Surveillance will register a 11.9% CAGR in terms of revenue, reach US$ 55000 million by 2023, from US$ 28000 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Surveillance market by product type, application, key manufacturers and key regions.

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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:

Segmentation by product type:

Other Hardware
Software &Services

Segmentation by application:

Residential Use
Commercial Use
Public & Government Infrastructure

This report also splits the market by region:

United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Dahua Technology
Axis Communications AB
Honeywell Security
United Technologies
Bosch Security Systems
Huawei Technologies
Siemens AG
Avigilon Corporation
Flir Systems, Inc

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Surveillance consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Surveillance market by identifying its various subsegments.
Focuses on the key global Surveillance manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Surveillance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Surveillance submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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