The report on the Global School and School Safety Market covers historical market trends, current market dynamics, market valuation by segmentation, as well as the region, country level analysis for each segment, participation analysis market of key actors, the competitive landscape and the analysis of the supply chain.
Market Research Future (MRFR) estimates that the global school and campus safety market can reach an approximate valuation of USD 2.54 billion by 2023. The market is scheduled to obtain a healthy CAGR of 19.7% during the period of forecast (2017-2023).
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The global market for the safety of schools and campuses has been examined by segmenting by type, hardware and software.
The types included in the report are fire protection, video surveillance, access control and others. Of these, the access control segment became the largest market, thanks to the growing urban infrastructure combined with growing security threats worldwide.
The hardware-based segments included in the report are monitor, camera, encoder and recorder.
As for software, the global school and campus security market has been considered for video analysis, service management, video management and others. Among these, the video analysis segment leads the market due to strong demand for effective video surveillance, as well as considerable government investments in the latest technologies that raise security.
The best sellers that influence the world School and campus security market They are SEICO Security (USA), Axis Communications. (Sweden), A&T Network System. (India), Plustek Inc (USA), Honeywell Security Group (USA), Hangzhou Hikvision Digital Technology Co. Ltd. (China), Pelco Products Inc (USA), Cisco Systems Inc (USA) UU.), Bosch Security Systems Inc. (USA), Genetec Inc. TM. (Canada), Apollo Video Technology (USA), To name a few.
Main drivers and main challenges
The school and campus security market can anticipate spectacular growth in the coming years, given the increase in the number of criminal cases worldwide. In addition, the growing security concerns caused by these criminal activities favor the market. As a result, monitoring activities to detect intrusion or vandalism together with traffic surveillance can induce greater market growth in the near future. The market also benefits from the increase in government regulations that give way to higher safety levels, which increases the demand for security tools for schools and campuses.
Market growth may be hindered by the increase in privacy concerns related to public oversight. That said, the increase in hospitality, the increase in the number of casinos and the growing demand for mobile video surveillance offer a variety of opportunities for the global school and campus security market.
Schools and campuses around the world no longer follow manual closing processes that require a lot of time, such as instructing a custodian to close and unlock the doors. Several schools and campuses are now allowing dispatchers to block buildings remotely with the use of automatic networks. Then, some other schools and campuses are adopting highly sophisticated card access control systems. Therefore, the emergence of technological advances seems to be an exciting trend that is making its way into the global school and campus security market and may gain more momentum in the coming years, MRFR analysts predict.
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The market for the safety of schools and campuses can be distributed geographically in regions of Europe, Asia Pacific (APAC), North America and the rest of the world (RoW).
North America seized greater participation in the global market for school and campus security, given the high adoption of new technological solutions and a strong increase in security concerns. The increase in criminal activities in schools and campuses has led to an increase in infrastructure investment. The United States (USA), together with Canada, has been the market with the highest gain for the safety of schools and campuses in the region, mainly due to the increase in educational security spending caused by high construction costs of educational buildings and the increase of innovative products such as the IP video surveillance camera. The regional market also benefits from the improvement of high security and the decrease in product prices.
The increasing adoption of surveillance and authentication systems together with technological advances and value solutions backed by predictive analyzes has made the APAC market progress at a rapid pace in recent years. The introduction of cost-effective security systems along with considerable investments in infrastructure is also driving demand for the school and campus security market in the region.
In Europe, the need to detect problems within the facilities, as well as the growing need for periodic updates of student attendance, can guarantee a good functioning of the market in the coming years. In addition, the growing awareness of security measures for students along with the increasing implementation of government regulations for security and the growing need for data management will also add to the strength of the market during the evaluation period.
LIST OF TABLES
Table 1 School and campus security market, by type
Table 2 School and campus security market, by hardware and software
Table 3 School and campus security market, by geography
Table 4 North American school and campus security market, by type
Table 5 North American school and school security market, by hardware and software
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LIST OF FIGURES
Figure 1 Research methodology
Figure 2 School and campus security market, by type (%)
Figure 3 School and campus security market, by hardware and software (%)
Figure 4 School and campus security market, by region (%)
Figure 5 North American school and campus security market, by type (%)
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