Your Catalyst to a Lucrative Business
Video Surveillance Market Share, Size,Growth, Key Players,
Outlook and Forecasts to 2025 | Hexa Research
“ The global video surveillance market is anticipated to tread along a healthy
growth trajectory between 2017 and 2025.”
31 December 2018
The global video surveillance market is anticipated to tread along a healthy growth trajectory between 2017
and 2025, the forecast period. Video surveillance finds increased application in banking and financial services,
transportation and retail industries, and the manufacturing sector. Their incorporation is greater in more
industrialized countries due to higher user awareness and larger size of end-use industries.
The market has evolved significantly over the last decade, owing to rapid developments in cloud computing
and wireless technologies. Rising awareness regarding cost-effectiveness of cloud-based systems is resulting
in preference for the same, thereby encouraging market players to invest in this technology. For instance, in
November 2018, M1, a Singapore-based firm, launched a cloud-based video surveillance service to help
businesses and SMEs. This simple, flexible, and secure end-to-end fully integrated solution aids in self-
monitoring and safeguarding business assets and track various activities.
Surging adoption of IP cameras has been one of the primary growth stimulants for the market . Some of the
key advantages of these cameras are easy installation, improved image quality, remote accessibility with
network-based models, and high scalability. They offer a basic platform for software such as cloud and video
analytics. Besides this, development of high speech processors is estimated to positively influence market
growth.
Follow Us: