Thailand Video Surveillance Market Overview
According to SPER Market Research, the Thailand Video Surveillance Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
Video surveillance is a digitised system that can extract images and videos that can be compressed, stored, and monitored in any environment. It employs a television system in which signals are transmitted from a television camera to receivers via cables or telephone connections via communication network or digital data link. Remote video monitoring, facility protection, vandalism deterrence, event video surveillance, and traffic monitoring are all common applications for video surveillance. High-definition cameras are outfitted with facial recognition technology to deter theft and burglary. Closed-circuit television (CCTV) and other video surveillance systems are used in commercial buildings, public infrastructures, and industrial peripheries, among other places. They are primarily used for real-time monitoring of physical assets as well as identifying and planning security measures through review.
Exploring the Growth Drivers of the Thailand Video Surveillance Industry
Growing infrastructure projects such as the Maptaphut Seaport project, the U-Tapao International Airport project, the New Motor Way Construction project, and the New Metro Line project, as well as increasing video surveillance equipment needs in Thailand's smart cities, would drive the growth of the Thailand Video Surveillance Market. The shift to IP surveillance technology is also increasing demand for video surveillance systems, particularly in hotels, convenience stores, shopping malls, and outlets. Furthermore, the growing tourism industry in Thailand, which is driving growth in the hospitality and commercial sectors, will increase the demand for video surveillance in Thailand, particularly in major urban areas such as Bangkok, Pattaya, and Phuket. This is expected to drive the growth of Thailand's video surveillance market.
What challenges does the Thailand Video Surveillance Market face?
Data privacy and legal regulations is one of the challenge which is facing by the video surveillance market. The implementation of video surveillance systems must comply with data privacy laws and regulations. Ensuring that surveillance practices align with individual privacy rights and legal requirements can be a challenge for businesses and organizations. Striking the right balance between security and privacy concerns is crucial in the deployment of video surveillance systems thereby hampering the market.
Furthermore, cost and affordability is also hampering the market. Video surveillance systems, particularly those equipped with advanced features and high-resolution cameras, can be costly. For small and medium-sized businesses, cost considerations may pose a challenge in adopting comprehensive surveillance solutions. Balancing the budgetary constraints with the desired level of security can be a challenge for organizations.
In what ways has the COVID-19 pandemic affected Thailand Video Surveillance Market?
The COVID-19 pandemic increased the demand for safety and security which is acting as a positive impact on video surveillance market in Thailand. The pandemic has heightened the need for safety and security measures in various sectors, including healthcare facilities, public spaces, transportation hubs, and commercial establishments. This increased demand has driven the adoption of video surveillance systems to ensure compliance with health protocols, monitor crowd density, and enforce social distancing measures. The pandemic has shifted the focus of video surveillance applications. In addition to traditional security purposes, video surveillance systems have been utilized to enforce mask-wearing compliance, monitor temperature screening, and track contact tracing in public places. This shift has led to the integration of additional features and functionalities into video surveillance systems to meet the changing needs during the pandemic.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Components, By Application
|
| Regions covered | Eastern Region, Northern Region, Southern Region, Western Region
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| Companies Covered | Axis Communications AB, Bosch Security Systems Inc, Hanwha Corporation, Zhejiang Dahua Technology Co. Ltd., Honeywell International Inc., Panasonic Corporation, Hangzhou Hikvision Digital Technology Co. Ltd., Cisco Systems Inc., Avigilon Corporation, Pelco Corporation, Others.
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Key Target Audience:
- Businesses and Organizations
- Government and Public Sector
- Healthcare Facilities
- Hospitality and Tourism
- Residential Users
- Retail and Commercial Spaces
- Residential Users
Thailand Video Surveillance Market Segmentation:
1. By Components:
- Thailand Video Surveillance Market Value Share and Forecast, By Components, 2023-2033
- Video Management Software
- Video Surveillance Cameras
- Video Surveillance Recorder
- Video Surveillance Encoder
2. By Application:
- Thailand Video Surveillance Market Value Share and Forecast, By Application, 2023-2033
- Banking & Financial
- Commercial Offices
- Educational Institutions
- Government & Transportation
- Hospitality & Healthcare
- Industrial & Manufacturing
- Residential
- Retail & Logistics
3. By Region:
- Eastern Region
- Northern Region
- Southern Region
- Western Region
Key Topics Covered in the Report:
- Thailand Video Surveillance Market Size (FY’2023-FY’2033)
- Overview of Thailand Video Surveillance Market
- Segmentation of Thailand Video Surveillance Market By Components (Video Surveillance Cameras, Video Surveillance Recorder, Video Surveillance Encoder, Video Management Software)
- Segmentation of Thailand Video Surveillance Market By Application (Banking & Financial, Government & Transportation, Retail & Logistics, Commercial Offices, Industrial & Manufacturing, Residential, Hospitality & Healthcare, Educational Institutions)
- Statistical Snap of Thailand Video Surveillance Market
- Growth Analysis of Thailand Video Surveillance Market
- Problems and Challenges in Thailand Video Surveillance Market
- Competitive Landscape in the Thailand Video Surveillance Market
- Impact of COVID-19 and Demonetization on Thailand Video Surveillance Market
- Details on Recent Investment in Thailand Video Surveillance Market
- Competitive Analysis of Thailand Video Surveillance Market
- Key Players in the Thailand Video Surveillance Market
- SWOT Analysis of Thailand Video Surveillance Market
- Thailand Video Surveillance Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Thailand Video Surveillance Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Thailand Video Surveillance Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Video Surveillance Market
7. Thailand Video Surveillance Market, By Components (USD Million)
7.1. Thailand Video Surveillance Market Value Share and Forecast, By Components, 2023-2033
7.2. Video Management Software
7.3. Video Surveillance Cameras
7.3.1. Analogue Camera
7.3.2. IP Camera
7.4. Video Surveillance Recorder
7.4.1. DVR
7.4.2. NVR
7.5. Video Surveillance Encoder
8. Thailand Video Surveillance Market, By Application (USD Million)
8.1. Thailand Video Surveillance Market Value Share and Forecast, By Application, 2023-2033
8.2. Banking & Financial
8.3. Commercial Offices
8.4. Educational Institutions
8.5. Government & Transportation
8.6. Hospitality & Healthcare
8.7. Industrial & Manufacturing
8.8. Residential
8.9. Retail & Logistics
9. Thailand Video Surveillance Market Forecast, 2019-2033 (USD Million)
9.1. Thailand Video Surveillance Market Size and Market Share
10. Thailand Video Surveillance Market, By Components, 2019-2033 (USD Million)
10.1. Thailand Video Surveillance Market Size and Market Share By Components (2019-2026)
10.2. Thailand Video Surveillance Market Size and Market Share By Components (2027-2033)
11. Thailand Video Surveillance Market, By Application, 2019-2033 (USD Million)
11.1. Thailand Video Surveillance Market Size and Market Share By Application (2019-2026)
11.2. Thailand Video Surveillance Market Size and Market Share By Application (2027-2033)
12. Thailand Video Surveillance Market, By Region, 2019-2033 (USD Million)
12.1. Thailand Video Surveillance Market Size and Market Share by Region (2019-2026)
12.2. Thailand Video Surveillance Market Size and Market Share by Region (2027-2033)
12.3. Eastern Region
12.4. Northern Region
12.5. Southern Region
12.6. Western Region
13. Company Profile
13.1. Avigilon Corporation
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Axis Communications AB
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Bosch Security Systems Inc
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Cisco Systems Inc.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Hangzhou Hikvision Digital Technology Co. Ltd.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Hanwha Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Honeywell International Inc.
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Panasonic Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Pelco Corporation
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Zhejiang Dahua Technology Co. Ltd.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
