Global Study on Smart View Systems Market, 2015 - 2021: Persistence Market Research

New York, NY, October 25, 2015 --(PR.com)-- With growing population and increasing crime rates across the globe, individual safety is becoming a major concern. In order to overcome such problems technological implementations such as installations of video camera plays a vital role which is realized by many entities and individual around the world. Smart view system comprises a set of various hardware and software such as video surveillance system and recorders. Nowadays, smart view systems can be easily installed in commercial as well as residential places to ensure seamless operation while ensuring a high level of security. By implementing such a system within cities and commercial facilities local government/municipalities and individual have benefited in many ways such as increased safety and reduced level of pollutants.

Smart View Systems Market: Drivers & Restraints

Rising concern over safety, stringent government laws towards video surveillance in commercial places are some of the major drivers along with macroeconomic factors such as increasing national income resulting in infrastructural developments and growing GDP are fuelling the growth of the global smart view systems market. However, the high cost of implementation and slower adoption rate in some countries can pose a major challenge towards the growth of the global smart view systems market.

Smart View Systems Market: Segmentation

The global smart view system market is segmented on the basis of geography, by range and by end users. On the basis of range the market is segmented into three categories;

Short Range
Medium Range
Long Range

On the other hand, on the basis of end-users the market is categorized into two segment namely; residential and industrial & commercial.

Smart View Systems Market: Overview

The global smart view system market is expected to grow with significant rate over the forecast period from 2015 to 2025. As of 2014, medium range of smart view camera dominated the market, while long rage is expected to expand at higher CAGR. In terms of volume commercial & industrial segment accounted for more than 60% shares due to expanding industrial and commercial infrastructure activity in developing economies such as India and China.

Smart View Systems Market: Region-wise Outlook

The global smart view systems market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. As of 2014, Asia Pacific dominated the global smart view system market followed by North America and Europe. In terms of value and volume, Asia Pacific is anticipated to remain dominant over the forecast period. On the other hand BRIC countries are expected to grow at higher CAGR when compared to other countries in their respective regions.

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Smart View Systems Market: Key Players

Some of the key players identified in global smart view systems market are CBS Interactive Inc., ADLINK Technology Inc., CCTV Camera Pros, Secureye Pvt Ltd., Trinet Internet Solutions, Inc. among others.

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