Video Surveillance Device Market Expected To Reach 64 $billion by 2020, at an estimated CAGR of 14.22% between 2016 and 2020

Date: 2016-09-11

The global upsurge of security threats, criminal activities, and thefts are the major reasons for the growth in video surveillance. The advancements in video surveillance applications such as cloud services, network cameras, big data analytics, and other technologies have increased the scope of the video surveillance market for wider application in different sectors. 

The IP Video Surveillance Device
In comparison to past years, the Video Surveillance Device has integrated the cyber service, the IP Video Surveillance Device makes the footage of surveillance simultaneously to owners become possible. In addition, since the price of high-image quality-based IP cameras prices reduce and use of IP cameras dominate analog cameras. Also, the implementation of video surveillance software with IP systems is easy and the portability of storage space for data storage increases its use in all sectors. These factors are likely to grow the video surveillance market for IP systems at a high CAGR.

Through the survey, the video surveillance market is expected to reach 64 $billion by 2020, at an estimated CAGR of 14.22% between 2016 and 2020.

Geographically, the Asia is the fastest-growing market, thanks to its largest population across the world and positive economy and peace demanding, the Asian have a crush over the IP Video Surveillance Device, estimate the ACPC will be largest demanding market by 2017.

Top 10 Video Surveillance Device Players as follow:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 001-510-400-8520

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