The Asia Pacific video surveillance
market has shown remarkable progress in the recent years and is also
showing attractive market potential for the future. Demand for video
surveillance is increasing due to the rising demand for high quality
images. Video surveillance has proved to be a huge crime deterrent and
is being adopted by security and law enforcement agencies across the
region. China has the dominating position in terms of market share in
the Asia Pacific region followed by Japan and South Korea. The market in
India holds immense growth opportunities owing to developments in the
country.
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In this report, the Asia Pacific video
surveillance market has been segmented into two major categories, on
the basis of product types i.e. cameras, NVRs, DVRs, servers and
software and on the basis of end users into education, retail,
healthcare, government, transportation, business and financial services,
manufacturing and others. The market has been further segmented by the
key countries in the Asia Pacific region, namely, China, India, Japan,
Malaysia, Singapore, South Korea, Taiwan, Thailand and others.
The Asia Pacific video surveillance
market is driven by factors such as increasing security needs,
decreasing cost of equipments and emerging new megapixel solutions. The
increasing investment by the central and state governments and the
increasing demand for high quality images will also act as drivers for
the Asia Pacific video surveillance market.
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Some of the factors inhibiting the
growth of the Asia Pacific video surveillance market are the lack of
standardization within the industry and the concern towards damage of
hardware and cameras. Data privacy and protection will also hinder the
growth of the Asia Pacific video surveillance market.
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Some of the key players dominating the
Asia Pacific video surveillance market are Axis Communications,
Milestone Systems, March Networks Corporation, Vivotek Inc., GE
Security, Panasonic Corporation, Sony Corporation, DvTel, Mobotix AG,
Honeywell, Bosch Security Systems, Pelco Inc., GeoVision Inc. and
Iomniscient.
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