SecurityWorldMarket

03/02/2015

Brazil surveillance market to reach $1.5B

Dublin, Eire

According to the latest report from Research and Markets in Dublin, the Brazil Video Surveillance market is projected to reach $1.5 Billion by 2021.

The need for intelligent security systems, dwelling infrastructure, rising criminal activities are the few factors that have resulted the demand for reliable and intelligent security systems. The benefits offered by electronic surveillance systems over physical security such as ability to allow remote and continuous monitoring have stemmed for their wide deployment across Brazil.

In the Brazil video surveillance market, analogue based video surveillance systems have captured a major share of the pie in the market. Low cost and ease of installation are the key factors that have spurred the analogue surveillance systems market. However, in the forecast period, the share of IP based video surveillance market is expected to surge due to increasing IT spending, IT infrastructure, upcoming Olympics in 2016 and the penetration of these systems in government and transportation sector.

In 2014, government & transportation captured significant share in the overall video surveillance market. Government security spending and mandates resulted for this vertical segment dominance.

In addition, the growth of the video surveillance software market is exhibited to be much higher owing to demand for video analytics software. Criminal identification and need for alerting any unwanted activities would drive video analytics in Brazil in the coming years. The key players in the market include- Axis Communications, Bosch Security Systems, Pelco, Honeywell, Milestone Systems, Hikvision Digital, Genetec, Dahua Technology, Indigovision, Samsung Techwin, Vivotek, and Arecont Vision.

“Brazil Video Surveillance Market (2015-2021)” report estimates and forecast overall Brazil Video Surveillance market by revenue, by Video surveillance system type such as Analog based, IP based, and Software systems, by application, and Video Surveillance system by regions such as south, north, north-east, south-east, and central-west. The report also gives the insights on competitive landscape, market share by companies, market trends, company profiles, market drivers and restraints.


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