Video Surveillance Market
Report ID: SQMIG45A2132
Video Surveillance Market Trends
Skyquest Technology's expert advisors have carried out comprehensive research on the video surveillance market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Video Surveillance Market Dynamics
Global Video surveillance Market Drivers
Popularity of Body-Cams
- Body-worn cameras have become highly popular among first responders and law enforcement agencies as they enhance surveillance and improve workforce protection as well. Real-time monitoring of employees can also be done efficiently using body cameras thereby driving video surveillance market growth.
Growing Crime Rates
- Crime rates and incidents are increasing rampantly around the world and this is calling for better video surveillance solutions. Efforts of governments and law enforcement agencies to improve security of citizens are also expected to bolster the demand for video surveillance around the world going forward.
Restraints
Privacy Concerns
- Pervasive usage of video surveillance is a major restraint that is slowing down video surveillance market growth. Misuse of video surveillance systems by authorities or security personnel for malicious activities is fueling privacy concerns among people and thereby slowing down video surveillance adoption.
High Initial and Maintenance Costs
- The cost of installing and maintaining surveillance cameras is quite heavy on the pockets of organizations and individuals. These high costs come in the form of capital and human resources thereby impeding video surveillance demand outlook on a global level.
Video Surveillance Market Report Snapshots
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