Video surveillance and analytics refers to the process of image acquisition, storage and scrutinizing the related data by advanced algorithms to extract useful information. This information further assists monitoring systems to detect anomalies and mitigate it. In surveillance systems the cameras record video which is then transmitted to a networked storage after processing.

The video analytics technology is taking the video surveillance to the next level by providing valuable insights. Increased adoption of video analytics for business intelligence is also accelerating its demand across the globe. Several other factors such as growing security threats and increasing security priorities are further boosting this market on the high growth trajectory.

The commercial and infrastructure sectors are becoming popular due to the high demand for video surveillance systems to reduce security threats and criminal activities. Video surveillance systems, in particular, are helping users in day-to-day activities by monitoring, identifying, and analyzing the people and properties through cameras and storing data for future reference.

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Market Driving Factors:
The Major driving factors of the Video Surveillance Market, as examined by Industry Arc’s research analysts are:
• The key factors driving the network camera market are the need for high resolution; reduction of total cost of ownership (TCO) backed by government investments and increasing demand from non-security applications.
• Reduction in IP cameras prices and the presence of big players are the factors which would drive the video surveillance system market in this region.
• The adoption of new technologies (cloud services and other analytics technologies) and security systems to protect its economy and infrastructure through criminal activities and terror attacks.

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Notable Applications Brief:
Video surveillance and analytics cater to various applications such as: commercial, industrial, healthcare, residential, infrastructure, transportation and logistics, aerospace and defense and so on.
Video analytics market’s non security application like entertainment & visual communication are considered as lucrative market.

REPORT SCOPE:
Market Segmentation:
The Video Surveillance Market is broadly segmented into 3 types based on the later given factors. The broad segmentation is further led to a narrower stream of divisions made by experts of IndustryARC and mentioned in this research report.
1. By Components: Cameras, Servers, Storage and Software.
2. By Application: Commercial, Industrial, Healthcare, Residential, Infrastructure, Transportation and Logistics, Aerospace and Defense, Others.
3. By Geography: Americas, Europe, APAC, and ROW.

About IndustryARC:
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.