TechNavio recognizes the following companies as the key players in the Global IP Video Surveillance Market: Axis Communications AB, Bosch Security Systems Inc., Hikvision Digital Technology Co. Ltd., and Panasonic System Networks Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “In the last few years, there has been a steady demand for high megapixel cameras. As a result, vendors in the Global IP Video Surveillance market have been increasing their high-definition camera product range. Vendors such as Arecont Vision LLC and Avigilon Corp. have cameras with more than 20 megapixels in their product portfolio. In addition, the vast majority of vendors in the market have started offering HD resolution cameras with wide dynamic range and low light capabilities. This is encouraging end-users to invest more in advanced security systems.”
According to the report, the intensity and occurrence of security attacks, issues, and threats is increasing massively. The number of thefts, robberies, and terrorist attacks has increased to a great extent recently. The adoption of IP video surveillance is increasing, in order to curb breaches of security and eliminate security attacks.
Further, the report states that one of the main challenges in the market is the lack of standardization. End-users are shifting from proprietary analog video surveillance systems, to open IP-based video surveillance systems; resulting in an increasing need for standardization. Therefore, lack of standardization has remained a challenge affecting the adoption of IP video surveillance systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-ip-video-surveillance-market-2014…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -TechNavio Announces the Publication of its Research Report -Global IP Video Surveillance Market 2014-2018
