Global School and Campus Security Market, By Type (Video Surveillance, Access Control, Fire Protection), By Hardware & Software (Camera, Monitor, Recorder, Encoder, Video Analytics) - Forecast 2030
ID: MRFR/ICT/2171-HCR | 100 Pages | Published By Aarti Dhapte on March 2023
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School and Campus Security Market
School and Campus Security Market is expected to generate a market value of USD 8.85 billion by 2030 growing at a CAGR of 19.6%.
$8.85 billion
19.6%
North America
2021-2030
Segmentation
Key Players
Drivers
Market Scenario:
The global school and campus security system is a highly raised market nowadays. The school and campus security system is specially developed to provide a secure and safe environment in the schools. Multiple industries mostly use this to enhancing the safety criteria. The primary and secondary school programs have mostly used this system and play a great role in the market drive factor. The global market report on Global School and Campus Security Market provides an in-depth analysis of the market report that covers all the essential things, including market growth and restraint factors. The report also covers the covid 19 analysis, School and Campus Security Global Market Opportunities, School and Campus Security Global Market Demand, challenges, and the ways to overcome this. The market report is presented by the market key analyst who performs multiple research methodologies to collect the Global School and Campus Security Market information. In this market report, the number of key players of the market and the intended users of the market is clearly defined. The report also contains the market segmentations and the sub-segmentations, School and Campus Security Market Statistics. According to this global market report is expected growth in substantial revenue generation, which is more than USD 8.85 billion by 2030. The market report covers the expected overall growth of the School and Campus Security Market Share that is considered up to the CAGR of 19.6% for the upcoming forecast period.
 Covid19 Analysis:
 The covid-19 pandemic affects the overall growth of the market, similar to the others market. The pandemic affects the lives of human beings as well as the industries. Multiple industries are affected by this and looking for ways to recover from the pandemic. This global market trends was experienced a huge loss in revenue generation and in sales. The pandemic disrupts the value chain analysis and School and Campus Security Market Statistics of the market. Because of the pandemic, the schools and colleges are closed, and as a result, the School and Campus Security market were sales were reduced. To overcome this, the government authorities and the market key players decided to adopt and implement multiple ways to generate sales and revenue and get back this market demand. The pandemic teaches the market key players to adopt the new technologies and the software to run the market through digital media.
Market Dynamics of School and Campus Security Market
- Major DriversÂ
The Global School and Campus Security industry are experiencing a huge amount of growth due to the increasing security concerns. The increasing crime rates in the nation force the industry to use the Global School and Campus Security technologies. Along with this, there are many more drive factors that help to fuel up the School and Campus Security IndustryGrowth. The factors such as the increasing need for data management, growing need for regular updates of attendance of students, increasing awareness of safety measures for students, and increasing implementation of government regulations for security boost up the market of School and Campus Security Market Share Due to the implementation of various access control solutions in the colleges, schools, and offices, the market shows immense growth in this Market Opportunities.Â
- Restraints
There is much major restraint that obstructs the growth of the school and campus security market. Those major restraints are the high cost of implementing the system. Because of the high cost, the consumers bounce to alternatives that are cheaper than this. Moreover, the privacy concerns involved in public surveillance are also affecting the market demand.
- Market Growth opportunitiesÂ
The school and campus security industry are popular among the different industries like school, colleges, and offices due to the increasing number of attacks. Many countries like Asia pacific hold the market share due to the increasing number of criminal attacks. Schools are the soft target by the terrorist and criminals, so it is necessary to install the highly advanced system in the schools and college campus to minimize the risk of attacks and to provide the proper security solutions. Along with these, there are an increasing number of investments in infrastructure that also fuel the growth of School and Campus Security Industry Opportunities. These systems are highly implemented in the school and colleges to prevent the situations like thefts, vandalism, and intrusion. The government rules and regulations also create major growth opportunities in the market for the upcoming forecast period. The increasing installation of tracker, biometric and card-based authentication also trigger the market. Â
- Market Growth Challenges
This market might face challenges in the forecast period for eliminating the regional boundaries to make quality products. The market key players and the investors try hard to reach among their demanding consumers and companies. To overcome these challenges, the market needs more key players and investors in the market growth. Because of their collaborative efforts, the market is successfully eliminating all the barriers that come across the growth of the market. Segmentation :Â
The market of School and Campus Security Industry Size is segmented into the type, software, and hardware that are further subcategorized into multiple factors.Â
By Type:
The market of global school and campus security market is segmented into multiple types that are further subcategorized into Video Surveillance, Fire Protection, Access Control, and Others.Â
By Hardware:
The market of School and Campus Security Industry Growth is segmented under the hardware, and those are Camera, Monitor, Recorder, and Encoder.
By Software:
The market is segmented under software segmentation, which is further categorized into Service Management, Video Analytics, Video Management, and Others.Â
Regional Analysis
The School and Campus Security Industry Size are segmented into the different regions that are basically North America, Europe, Asia-Pacific, and RoW. Among all the above-discussed countries, the North American region holds the largest share. This country shows a keen interest in adopting new technological solutions. The increasing demand for security concerns and the huge investment in infrastructure cost make this country popular as an investor. After this, countries like the U.S.A and Canada contribute the second topmost shares in the School and Campus Security Market Trends. These countries invest the money on it due to the increase in education security, increasing security upgradation, and the growing competition in developing innovative products. However, the Asia Pacific region is also expected growth in the market due to the increasing criminal activities, technological developments, and terrorist attacks.Â
Key players:
The major key players of the global school and campus security market include Cisco Systems Inc (U.S.), Honeywell Security Group (U.S.), Pelco Products Inc (U.S.), Plustek Inc (U.S.), Axis Communications. (Sweden), Genetec Inc. TM. (Canada), Apollo Video Technology (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd (China), A & T Network System. (India), Bosch Security Systems Inc. (U.S), SEICO Security (U.S.), and others.
Study Objectives :
- The School and Campus Security Global Market Research provides a detailed analysis of the market by consisting of the various segments and sub-segments.
- The School and Campus Security Global Market Research report also offers an insight value of the market. It covers all the major drivers, restraints of the market. Â
- The School and Campus Security Global Market Research report analyzes the global school and campus security market and the various research methodologies. The report also contains porter’s five force analysis etc.
- The School and Campus Security Global Market Analysis report also helps the forecast revenue and the historical data of the market by researching through multiple ways. The report depicts the overall country-level analysis, including North America, Europe, Asia, and the Rest of the World (ROW).
- The School and Campus Security Global Market Analysis report also covers the current market size and future prospective of the market by segmenting the market into the different segments, including type, hardware & software, and region.
- The School and Campus Security Global Market Analysis report also offers strategic profiling of key players in the market. It also covers the core competencies and joint ventures, mergers and acquisitions, strategic alliances, new product developments, and research of the market.Â
Report OverviewÂ
- Market overview highlights.
- Analysis based upon COVID 19
- Explanation upon the School and Campus Security Industry Trends
- Market segmentation overview
- The regional analysis of School and Campus Security Industry Size
- Key players analysis of the market
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 8.85 billion |
| CAGR | 19.6% |
| Base Year | 2020 |
| Forecast Period | 2021-2030 |
| Historical Data | 2019 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, Hardware, Software |
| Geographies Covered | North America, Europe, Aisa Pacific |
| Key Vendors | Cisco Systems Inc (U.S.) Honeywell Security Group (U.S.) Pelco Products Inc (U.S.) Plustek Inc (U.S.) Axis Communications. (Sweden) Genetec Inc. TM. (Canada) Apollo Video Technology (U.S.) Hangzhou Hikvision Digital Technology Co. Ltd (China) A & T Network System (India) Bosch Security Systems Inc. (U.S) SEICO Security (U.S.) |
| Key Market Opportunities | These systems are highly implemented in the school and colleges to prevent the situations like thefts, vandalism, and intrusion. |
| Key Market Drivers | The Global School and Campus Security industry are experiencing a huge amount of growth due to the increasing security concerns. |
Frequently Asked Questions (FAQ) :
The global market for school & campus security is anticipated to account for a substantial revenue generation of more than USD 2.54 billion by 2023, expanding at a considerable CAGR of 19.6% over the review period (2021-2030).
The major market players operating in the global school and campus security market include Honeywell Security Group (U.S.), Pelco Products Inc (U.S.), Cisco Systems Inc (U.S.), Axis Communications. (Sweden), Genetec Inc. TM. (Canada), Plustek Inc (U.S.), Hangzhou Hikvision Digital Technology Co.,Ltd (China), A & T Network System. (India), Bosch Security Systems Inc. (U.S), Apollo Video Technology (U.S.), SEICO Security (U.S.), among others.
The global school and campus security market segmentation is conducted based on type, hardware, and software.
The regional analysis of the global school and campus security market is conducted in four major regions, including the Asia Pacific, Europe, North America, and the rest of the world (including the Middle East and Africa, and Latin America).
The North American region in the global school and campus security market is poised to dominate the market share over the assessment period, while the report estimates the fastest growth in the Asia Pacific.
