London, 09 March 2015 –The Global Video Surveillance Market is expected to grow at a CAGR of 24.08 percent from 2014-2019, thanks to demand for high-resolution images, says research firm TechNavio.
About the Report
The latest report by TechNavio pinpoints an emphasis on better quality images, which allows enterprises to keep a better watch over surveillance areas, as a major driver for market growth. The images stored through these advanced cameras can be used to identifying criminal intent or catch criminals after an incident.
“Surveillance equipment has been instrumental in capturing footage of recent incidents and identifying, tracking and eventually detaining those involved,” says Faisal Ghaus, Vice President of TechNavio.
The new TechNavio report also emphasizes the emergence of edge-based video surveillance that have evolved to fill the gap between a limited budget and a high-resolution video surveillance camera. In edge-based video surveillance, the high-resolution footage is saved either on the network or on flash devices.
“An edge-based video surveillance system is scalable to adjust to the changing demands of an organization, which makes it a cost effective yet one-stop solution to many requirements,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Need for High-resolution Imaging
- For a full detailed list, view our report.
Market Challenges:
- Overdependence on Prevailing Economic Conditions
- For a full detailed list, view our report.
Market Trends:
- Emergence of Edge-based Video Surveillance
- For a full detailed list, view our report.
Key Vendors:
- Axis Communications AB
- Bosch Security Systems
- Cisco Systems Inc.
- Honeywell Security Group
Other Prominent Vendors:
- Axxon Soft
- DvTel
- Genetec
- Hikvision Digital
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
