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Brazil Video Surveillance Market to Reach $1.5 Billion by 2021

Strategic Insights

— 2 min read

The Brazil video surveillance market is witnessing significant growth due to the need for intelligent security systems, infrastructure development, and rising criminal activities. According to 6Wresearch, the market is projected to reach $1.5 billion by 2021. Analog-based video surveillance systems have dominated the market, driven by low costs and ease of installation. However, IP-based systems are expected to gain traction due to increasing IT spending, IT infrastructure, and penetration in the government and transportation sectors.

Key Takeaways:

  • The Brazil video surveillance market is expected to reach $1.5 billion by 2021, with a CAGR of XX%.
  • Analog-based video surveillance systems held the largest market share in 2015, accounting for 70% of the market.
  • IP-based video surveillance systems are expected to surge in the forecast period, driven by increasing IT spending and penetration in the government and transportation sectors.
  • The government and transportation sector captured the largest share in the overall video surveillance market in 2014, due to government security spending and mandates.
  • Video analytics software is expected to drive growth in the video surveillance software market, with criminal identification and alerting of unwanted activities being key drivers.
  • The key players in the market include Axis Communications, Bosch Security Systems, Pelco, Honeywell, Milestone Systems, HikVision Digital, Dahua Technology, IndigoVision, Vivotek, and Arecont Vision.
  • The report provides historical data of the global video surveillance market for the period 2010-2014, as well as market size and forecast until 2021.
  • The report also provides historical data of the Brazil video surveillance market for the period 2010-2014, as well as market size and forecast until 2021.

Statistics:

  • The Brazil video surveillance market is projected to reach $1.5 billion by 2021, with a CAGR of XX%. (Source: 6Wresearch)
  • Analog-based video surveillance systems accounted for 70% of the market share in 2015. (Source: 6Wresearch)
  • IP-based video surveillance systems are expected to surge in the forecast period, driven by increasing IT spending and penetration in the government and transportation sectors. (Source: 6Wresearch)
  • The government and transportation sector captured the largest share in the overall video surveillance market in 2014, due to government security spending and mandates. (Source: 6Wresearch)
  • The global video surveillance market size was $XX billion in 2014. (Source: 6Wresearch)
  • The Brazil video surveillance market size was $XX billion in 2014. (Source: 6Wresearch)

Sources:

  • 6Wresearch: "Brazil Video Surveillance Market (2015-2021): Market Forecast By Surveillance Type (Analog & IP Surveillance), Software (Video Management Software, Video Analytics and Others), By Components (Cameras (Analog and IP)), DVR/NVR, Encoders/Decoders, By Verticals (Government and Transportation, Banking & Financial, Retail, Industrial, Hospitality, Commercial and Residential) and Regions (Northern Brazil, Southern Brazil, North-Eastern Brazil, Central-Western Brazil and South-Eastern Brazil)" (Source: Reportlinker)

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