The connected enterprise video surveillance solutions market is likely to record a strong CAGR of 10% during the forecast period. The connected enterprise video surveillance solutions market is currently valued at US$ 42 Mn in 2022 and is likely to reach US$ 87 Mn by 2032.
| Report Attribute | Details |
| Estimated Base Year Value (2022) | US$ 42 Mn |
| Anticipated Forecast Value (2032) | US$ 87 Mn |
| Projected Growth Rate (2022-2032) | 10% CAGR |
Sales of connected enterprise video surveillance solutions have risen as it provides a weighbridge integration system, smart parking, perimeter intrusion detection, integration with access control, crowd management, and multi-location.
Increased integration of video alarm verification, the workflow of incident management, the centralized command center for camera controls, live tracking of any site/ camera, alarm or alarm video recording on the cloud, support for floor maps, and location are also projected to contribute to the growth of the connected enterprise video surveillance solutions market share.
Some of the key connected enterprise video surveillance solutions market trends promoting the demand for connected enterprise video surveillance solutions include providing activity notifications using SMS, email, integration support for third-party digital video recorder system (DVR), network video recorder (NVR), and visitor management system (VMS).
The connected enterprise video surveillance solutions offer a single dashboard for centralizing live view of events from anyplace in the world to live tracking of events to improve visibility, compliance, control, and to monitor all locations closer with real-time notifications.
The video analysis can ensure that the concerned person can quickly act to events. This is creating potential growth opportunities for connected enterprise video surveillance solutions market.
For extensive video surveillance deployments, it needs high performance, reliability, efficiency, and enterprise-class support. All software for video surveillance management shares the characteristic of recording live video feeds for subsequent replay storage.
This approach helps in forensic analysis or investigation of individuals or events in the field of view of a single camera or group of cameras requiring high-capacity storage. This factor is anticipated to hamper the adoption of connected enterprise video surveillance solutions, thus restraining the market growth of the global connected enterprise video surveillance solutions market.
Based on the region, a lot of leading players in the connected enterprise video surveillance solutions market are based in North America as there are high-security threads and increasing concerns for public safety and security, as well as locally connected enterprise video surveillance solution providers present in the region.
Moreover, the next-generation IT industry in the North American region has boosted several major and regional players to initiate the creation of connected enterprise video surveillance solutions.
Moreover, increasing investment for live monitoring in the Asia Pacific, excluding Japan, is creating a high demand for connected enterprise video surveillance solutions in the respective region, which is encouraging various market players to expand their capacity.
For example, Mindtree, a global technology consulting and services company that offers connected enterprise video surveillance solutions, has introduced an intelligent video surveillance solution because of the rising demand for smart video streaming in this region. Besides, many companies started to adopt connected enterprise video surveillance solutions in the IT and telecom industry in this region.
The connected enterprise video surveillance solutions market report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.
Connected enterprise video surveillance solutions are crucial as they are connected to endless locations and can work in sync with all other solutions being already used by the enterprise.
The key players of the connected enterprise video surveillance solutions market are focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use to thrive business. This is driving the sales of connected enterprise video surveillance solutions.
Some of the key participating players indulged in the sales of connected enterprise video surveillance solutions are:
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
These market players are anticipated to drive the connected enterprise video surveillance solutions market by introducing new products and expanding geographically.
| Report Attribute | Details |
| Growth Rate | CAGR of 10% from 2022 to 2032 |
| Base year for estimation | 2022 |
| Historical data | 2015 – 2021 |
| Forecast period | 2023 – 2032 |
| Quantitative units | Revenue in USD billion and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments covered | Solution, Type of Video Recorders, Vertical |
| Regional scope | North America; Latin America; Western Europe; Eastern Europe; Japan; Asia Pacific; Middle East and Africa (MEA) |
| Country scope | U.S., Canada, Mexico, Brazil, Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, Japan, China, India, South Korea, ASEAN, Australia & New Zealand, GCC Countries, Turkey, Northern Africa, South Africa |
| Key companies profiled | Matrix Comsec, NetApp, Mindtree, Huawei Technologies Co., Ltd., Hikvision, Axis Communications, Bosch Security Systems, Flir, Avigilon, Honeywell Security Group, Infinova, Pelco, CP Plus, Panasonic System Networks |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The connected enterprise video surveillance solutions market grows at a rate of 10% CAGR during the forecast period 2022 to 2032.
Key players holding a substantial connected enterprise video surveillance solutions market share include Matrix Comsec, NetApp, Mindtree, Huawei Technologies Co., Ltd., Hikvision, Axis Communications, Bosch Security Systems, Flir, Avigilon, Honeywell Security Group, Infinova, Pelco, CP Plus, Panasonic System Networks.
Demand for connected enterprise video surveillance solutions is likely to rise on the back of increased integration of video alarm verification, the workflow of incident management, the centralized command center for camera controls, live tracking of any site/ camera, alarm or alarm video recording on cloud, support for floor maps, and location.
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