Bharat Book Bureau Provides the Trending Market Research Report on “Global Global Surveillance Technology Market Report 2020-30”under Media & Technology Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Surveillance Technology Market Report 2020-30: Covid 19 Growth And Change from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global surveillance technology market.

This report focuses on surveillance technology market which is experiencing strong growth. The report gives a guide to the surveillance technology market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.




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Description:

Where is the largest and fastest growing market for the surveillance technology? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Surveillance Technology market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider surveillance technology market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The surveillance technology market section of the report gives context. It compares the surveillance technology market with other segments of the surveillance technology market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, surveillance technology indicators comparison.

Scope

Markets Covered: 1) By Technology: Video Surveillance; Big Data; Police Body Cameras; Biometrics; Domestic Drones; Face Recognition Technology; RFID Chips; Stingray Tracking Devices
2) By storage: On premise; Cloud
3) By End user: BFSI; Government; Healthcare; Manufacturing; Retail; IT & Telecommunication; Media and Entertainment; Education

Companies Mentioned: AxxonSoft; Milestone; Genetec; ExacqVision; Qognify

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the surveillance technology market are AxxonSoft, Milestone, Genetec, ExacqVision, Qognify, March Networks, Verint Systems, Magal Security Systems Ltd., and Identiv.

The global surveillance technology market is expected to decline from $87.8 billion in 2019 to $83.08 billion in 2020 at a compound annual growth rate (CAGR) of -5.38%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is then expected to recover and reach $123.08 billion in 2023 at a CAGR of 14.0%.

The surveillance technology market consists of sales of surveillance software development and related services. Surveillance technology refers to the development of software used in monitoring the behavior, activities, or information for managing, influencing, or directing.

North America was the largest region in the autonomous ships market in 2019. Asia Pacific is expected to be the fastest-growing region in the forecast period.

In December 2018, Qognify, the US-based trusted advisor and technology solution provider acquired the IP video management software (VMS) company On-net Surveillance Systems (OnSSI Group) including the pioneer of IP video technology, SeeTec GmbH. The acquisition made Qognify as one of the largest VMS, Video Analytics, PSIM and Critical Incident Management companies in the world. Through the combined portfolio of technologies, infrastructure and expertise, the company expanded its global presence, creating an entity capable of meeting the exact requirements of mid-market and enterprise organizations anywhere in the world.

The surveillance technology market covered in this report is segmented by technology into video surveillance; big data; police body cameras; biometrics; domestic drones; face recognition technology; RFID chips; stingray tracking devices. It is also segmented by storage into on-premise; cloud, and by end-user into BFSI; government; healthcare; manufacturing; retail; IT & telecommunication; media and entertainment; education.

Growing concern regarding privacy may limit the growth of the surveillance technology market. Surveillance means to monitor people in various possible ways. An organization monitoring customer sometimes leads to the loss of privacy data or any other important confidential data. Surveillance technology can provide opportunities for criminal, personal, and institutional abuse. Surveillance systems are being used by the camera operators to spy people, and eventually, blackmail using the videos from the surveillance system databases. In a few instances, these tools were used to stalk women, threaten motorists after traffic altercations, discriminatory targeting, and track estranged spouses. Therefore, growing concerns regarding the privacy hamper the growth of the surveillance technology market

Artificial Intelligence (AI) is increasingly being implemented in the surveillance technology market. Artificial intelligence in surveillance technology is to analyze what is happening in the video. For instance, an application and web platform named Ella developed by IC Realtime uses the most advanced algorithms to analyze the most important events in the video from CCTV footage or video feeds. In most of the video monitoring systems, we cannot search for a particular event. Ella has a smart search option to search for important events in the videos recorded. It can recognize hundreds of natural language queries. Therefore, the use of artificial intelligence, which is a new trend in the surveillance technology market, is likely to provide growth opportunities to this market.

The rise in need for safety in high-risk areas contributed to the growth of the surveillance technology market. The crime rate is increasing globally, and the rate of increase is varying across different countries. The surveillance technology is used to monitor the behavior, activities or information to reduce the risk of crime. For instance, China uses 200 million cameras for public safety. According to the World Population Review, the crime index is 37 for 1.4 billion population in China. A review conducted by Cornell University, sponsored by Campbell Collaboration, the use of surveillance cameras resulted in a 51% decrease in crimes committed in parking lots and a 23% decrease in crime on public transportation in New York. The rise in need for safety in high-risk areas drove the surveillance technology market.

                                                          

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