According to the MarkNtel Advisors’ research report, “Global Video Surveillance Market Analysis, 2021,” the market is likely to grow at a CAGR of 10.4% in the forecast period of 2021-26. The use of video surveillance in the market is growing significantly, and it owes to the expanding demand for physical security and providing centralized data using cloud-based services. Industries like transportation, retail, manufacturing, banking & financial services, etc., extensively utilize visual surveillance services.

Key questions answered in the study
1. What are the current and future trends in the Global Video Surveillance Market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Video Surveillance Market?
5. What is the customer orientation, purchase behavior, and expectations from the Global Video Surveillance Market service providers across various regions?

Impact of COVID-19
The outbreak of the COVID-19 pandemic negatively impacted the market growth in multiple ways. The slowed down in the production and delay in completing projects for various countries due to the imposition of lockdown, where the factories & industries shut. It led to a hindrance in the supply chain across regions and brought a downfall to the industry. However, governments are taking initiatives to uplift certain restrictions gradually. It shall help the market in regaining their speed.

Video Surveillance Witness Fastest Growth
Based on End-users, the demand for Video Surveillance in the commercial segment witnessed substantial market growth in recent years. It owes majorly to the involvement of various end-users like retail or wholesale, banking & financial, and media & entertainment industries in Video Surveillance. Furthermore, to avoid and eliminate the growing number of thefts and fraudulent transactions in banks & financial institutions, the need for commercial video surveillance is propelling robustly. Therefore, it is very likely that this segment continues witnessing the fastest market growth in the forecast years.

“Global Video Surveillance Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Video Surveillance providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

According to MarkNtel Advisors, the major leading players in the Global Video Surveillance Market are Bosch Security System, HIKVISION Ltd., Honeywell Security Group, FLIR, Panasonic, Dahua Technology, Avigilon, Infinova, Axis Communication, and Pelco.

Market Segmentation:
1. By Component (Camera, By Type (Fixed Camera, Pan/Tilt/Zoom (PTZ) Cameras, Others (Thermal, Panoramic, etc.)), By Connectivity Type (Wired, Wireless), By Resolution, (Standard Resolution, Megapixel Network Camera, High-Definition Camera), Monitor (LCD, LED, Others) Software (Video Content Analytics, Video Management Software), Services (Video Surveillance as a Service (VSaaS), Managed Service, Hosted Service, Hybrid Service))
2. By Media (Hard Disk Drive (HDD), Solid State Drives (SSD), Optical Storage Media)
3. By Technology (Storage Area Network, Direct Attached Storage, Network Video Recorder, Network Attached Storage, Digital Video Recorder, Unified or Hybrid Storage)
4. By Accessories (Cables, Encoders)
5. By End-User (Commercial, Military & Defense, Infrastructure, Residential, Others (Industrial, Institutional))
6. By Enterprise (Small, Medium, Large )
7. By Customer Type (B2B, B2C)
8. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)
9. By Competitors (Bosch Security System, HIKVISION Ltd., Honeywell Security Group, FLIR, Panasonic, Dahua Technology, Avigilon, Infinova, Axis Communication, and Pelco.)

Get a sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/global-video-surveillance-market.html