Global IP Video Surveillance & VSaaS Market (2016 - 2022)

Category: Career & Jobs
Sub Category: Marketing
Ad Type: Offered Ads
Price: 5000
Country: India
City: Gaziabad
Active Till 11-Dec-2016
Phone No: 9990696033
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The IP surveillance market is in its nascent stage of adoption and it is expected that it would yield significant revenues with the rising awareness level and favorable regulations adopted by the regulatory bodies, globally. The Internet protocol surveillance has started influencing the industry while creating a long lasting impact.

Currently, IP Surveillance system has witnessed a wide adoption in developed regions such as North America and Europe. The developing market such as Asia-Pacific is also showcasing an inclination towards IP surveillance system, owing to rising security concerns. The ongoing developments in communication networks in this region have also fueled the growth of the IP surveillance systems. The other drivers such as technological innovations, real-time access, integration of wireless technologies, video analytics, affordability of IP surveillance systems, and government initiatives have positively influenced the adoption of IP surveillance technology. However, lack of awareness, privacy concerns and hacking are some of the factors that have curtailed the adoption of IP surveillance system. Lack of technological awareness among the population and uncertainty in the government regulations is hindering the market growth to a certain extent.

Based on Product type, the market is further segmented into hardware, software, cloud based solution and services. In 2014, hardware constituted more than 50% of the market share of the overall product type market for IP video surveillance system.

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