Global Surveillance Technology Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Surveillance Technology Market Report by The Business Research Company covers surveillance technology market drivers and restraints, surveillance technology market size, major players, and the impact of COVID-19 on the surveillance technology market.
The surveillance technology market consists of sales of surveillance software development and related services. Surveillance technology refers to the development of software used in monitoring the behavior, activities, or information for managing, influencing, or directing.
The rise in need for safety in high-risk areas contributed to the growth of the surveillance technology market. The crime rate is increasing globally, and the rate of increase is varying across different countries. The surveillance technology is used to monitor the behavior, activities or information to reduce the risk of crime.
The global surveillance technology market is expected grow from $83.01 billion in 2020 to $90.33 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $146.41 billion in 2025 at a CAGR of 13%.
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Some surveillance technology market trends include artificial intelligence (AI) increasingly being implemented in the surveillance technology market. AI in surveillance technology is to analyze what is happening in the video.
Global surveillance technology market segments include:
1) By Technology: Video Surveillance, Big Data, Police Body Cameras, Biometrics, Domestic Drones, Face Recognition Technology, RFID Chips, Stingray Tracking Devices.
2) By storage: On premise, Cloud.
3) By End user: BFSI, Government, Healthcare, Manufacturing, Retail, IT & Telecommunication, Media and Entertainment, Education.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Surveillance Technology Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides surveillance technology market overviews, analyzes and forecasts market size, share, surveillance technology market players, surveillance technology market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The surveillance technology market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Surveillance Technology Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: AxxonSoft, Milestone, Genetec, ExacqVision, Qognify, March Networks, Verint Systems, Magal Security Systems Ltd., Identiv, Panasonic Corporation, Salient Systems Corporation., OnSSI, Avigilon, DVTEL, Lensec.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Surveillance Technology Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Surveillance Technology Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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