Farm Video Surveillance System Market Will Escalate Rapidly in the Near Future

According to a new market report pertaining to the global farm video surveillance system market published by Transparency Market Research the global farm video surveillance system market is projected to reach value of ~US$ 3.6 Bn by 2027. The farm video surveillance system market is projected to expand at a CAGR of ~6% from 2019 to 2027. Expansion of the farm video surveillance system market can be attributed to increasing demand for precision farming, and increasing technological advancements in video surveillance systems. North America is anticipated to lead the global farm video surveillance system market in terms of revenue, followed by Europe, during the forecast period.
Increasing adoption of Internet of Things (IOT) and Big Data: Opportunity
The purpose of adopting IoT is to link a device or system through the Internet and also to interconnect them. In case of video surveillance, network cameras can think independently and take smart decisions with the help of IoT. IoT in security and surveillance solutions enable farmers to control & manage surveillance systems remotely to monitor farm areas. IoT-based surveillance systems help to take smarter decisions on real-time security conditions and also gather & examine data to make significant enhancements in the farm. It provides various advantages to users to prevent the loss of critical assets. These include:
  • Constantly & securely monitor farmland conditions from a remote location with network communication technology (Wi-Fi)
  • Provide better visibility of intruders in real-time
  • Act speedily on essential security alerts through the user’s mobile device
Therefore, demand for smart CCTV and HDTV is expected to further increase with rising data security concerns. This is projected to influence the expansion of the farm video surveillance systems market in the near future.
Request a Brochure to get extensive insights into the Farm Video Surveillance System MarketFarm Video Surveillance System: Market Segmentation
The global farm video surveillance system market has been segmented based on component, application, and region. In terms of component, the farm video surveillance system market has been segmented into hardware and professional services, in which hardware has been further bifurcated into camera and accessories (antenna, storage devices, monitors, and others [power adapter, alarm systems, cables]). Professional services has been divided into support & maintenance, installation & implementation, and consulting. Based on application, the market has been segmented into intruder monitoring, livestock & crop monitoring, water supply monitoring, employee monitoring, equipment monitoring, operation monitoring, and others (fire monitoring & weather monitoring).

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