Global Hybrid Video Surveillance Market – Industry Trends and Forecast to 2029

Global Hybrid Video Surveillance Market, By System (Analog Video Surveillance System, I.P. Video Surveillance System), Offering (Hardware, Software), Customer Type (B2B, B2C), Size (Small Scale Enterprise, Medium Scale Enterprise, Large Scale Enterprise), End User (Infrastructure, Commercial, Military and Defence, Residential, Public Facility and Industrial) – Industry Trends and Forecast to 2029.

Hybrid Video Surveillance Market Analysis and Size

Hybrid video surveillance system is a security system which captures videos and images streamed to a video provider or third-party company for management and storage. This video surveillance systems are mainly used for several different types of organizations. Normally, this model would use many industries that require information and communication sharing between satellite offices and/or sites. These advanced wireless system are employed in the defence industry for assets and border surveillance in homeland security missions.

Data Bridge Market Research analyses that the hybrid video surveillance market was valued at USD 25,389.2 million in 2021 and is expected to reach USD 41081.39 million by 2029, registering a CAGR of 6.20% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Hybrid Video Surveillance Market Scope and Segmentation

Market Definition

Hybrid video surveillance system is a system that incorporates both I.P. and analog cameras (by using a hybrid DVR), which can be used for onsite storage with backup storage in the cloud, remote monitoring and management capabilities. This system can be used in any condition. The host video surveillance are necessary for all organizations globally. Financial institutions, Governments, enterprises, and healthcare organizations are anticipated and required to have a certain level of monitoring and security measures.

Hybrid Video Surveillance Market Dynamics

Drivers

• Increasing security concerns

Hybrid Video surveillance finds wide use in the security industry to prevent criminal and terrorist activities. Governments are investing considerably in developing the most sophisticated surveillance networks and increasing their utilization to reinforce the fight against counterterrorism operations and street crimes.

• Surging Product Launches

Additionally, the surging product launches and other innovations by market players further offer numerous growth opportunities within the market. For instance, Dahua Technology company is a Chinese supplier of video surveillance services and products which has launched Imou Ranger IQ, Imou V8i Smart Lock, and Imou Wireless Security System in the market. Imou V8i Smart Lock features 3D A.I. facial recognition technology to attain more security, allowing users to lead a relaxed, convenient life and free their hands of keys.

Opportunities

• Technological Advancement

Hybrid video surveillance technology has seen numerous advancements, the most important feature of this video surveillance being 3D virtualization. The advanced host surveillance systems are equipped with camcorders, alarms, motion sensors, fire detectors, access controls, and other features. This makes the hybrid video surveillance perfect for public surveillance. They can also be used for the neighbourhood, building, workplace, or home video surveillance.

Furthermore, emerging new markets and rise in strategic collaborations will also act as market drivers and further increase the valuable opportunities for the market's growth rate.

Restraints/ Challenges

• Rise in the number of cloud-storage

The increased number of backup storage in the cloud, remote monitoring and management capabilities has made this hybrid video surveillance system more beneficial. They can easily be misused by data leakage or unauthorized access. Hence, these factors are the major factor that may be challenging to the surveillance system providers.

However, Intrusion of privacy, high investment cost, lack of awareness about the effectiveness of public security systems, and lack of skilled workforce to handle complex analog and I.P. cameras tend to restrain the demand and obstruct the growth of the hybrid video surveillance market.

This hybrid video surveillance market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the hybrid video surveillance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Hybrid Video Surveillance Market Scope

The hybrid video surveillance market is segmented on the basis of system, offering, customer type, size and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

System

• Analog Video Surveillance System
• I.P. Video Surveillance System

Offering

• Hardware
• Software

 Customer Type

• B2B
• B2C

Size

• Small Scale Enterprise
• Medium Scale Enterprise
• Large Scale Enterprise

End User

• Infrastructure
• Commercial
• Military and Defence
• Residential
• Public Facility and Industrial

Hybrid Video Surveillance Market Regional Analysis/Insights

The hybrid video surveillance market is analysed and market size insights and trends are provided by country, system, offering, customer type, size and end user as referenced above.

The countries covered in the hybrid video surveillance  market report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Asia-Pacific dominates the hybrid video surveillance market in terms of revenue and market share during the forecast period of 2022-2029. This is due to the increasing investment for developing smart city projects with increasing security concerns.

North America is likely to be the fastest developing region due to the substantial opportunities for low manufacturing and labour costs in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Hybrid Video Surveillance Market Share Analysis

The hybrid video surveillance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to hybrid video surveillance market.

Some of the major players operating in the hybrid video surveillance market are:

• Axis Communications AB (Sweden)
• Panasonic Corporation (Japan)
• Honeywell International Inc (U.S.)
• Bosch Sicherheitssysteme GmbH (Germany)
• Teledyne FLIR LLC (U.S.)
• Hanwha Techwin Co. Ltd. (South Korea)
• Hangzhou Hikvision Digital Technology Co. Ltd. (China)
• Avigilon Corporation (Canada)
• The Infinova Group (U.S.)
• Verkada Inc. (U.S.)
• Dahua Technology Co., Ltd (China)
• Napco Security Technologies (U.S.)
• D-Link Corporation (Taiwan)
• Mobotix (Germany)