Global School and Campus Security Market 2020: Historical Analysis, Opportunities, Latest Innovations, Top Players Forecast 2025
Global School and Campus Security Market, By Type (Video Surveillance, Access Control, Fire Protection), By Hardware & Software (Camera, Monitor, Recorder, Encoder, Video Analytics) - Forecast 2023
Industry Insight
School and campus security system helps to provide a secure environment where enhancing safety is the main motive. Whereas, primary and secondary schools tend to be less intensive users of security products and services. The factors contributing to the growth of the school and campus security market are the growing security concerns and increasing crime rates.
The global school and campus security market is expected to reach approximately USD 2.54 billion by the end of 2023 with 19.7% CAGR during forecast period 2017-2023
The implementation of various access control solutions such as tracker, biometric and card based authentication within the premises are expected to propel the growth of the market. Â However, privacy concerns are hindering the growth of the school and campus security system market.
Top Industry Players
The top industry players in the global school and campus security market are listed as A & T Network System. (India), Cisco Systems Inc (U.S.), Honeywell Security Group (U.S.), Axis Communications (Sweden), Pelco Products Inc (U.S.), Genetec Inc. TM. (Canada), Plustek Inc (U.S.), Apollo Video Technology (U.S.), Hangzhou Hikvision Digital Technology Co., Ltd (China), Bosch Security Systems Inc. (U.S) and SEICO Security (U.S.).
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Industry Trends
Campuses and schools across the globe are now shifting their focus from manual, time-consuming lockdown processes such as sending a custodian to lock and unlock doors one by one. Few schools and campuses are giving dispatchers the ability to lock buildings remotely, using the network automatically. There are others who are striving to adopt more sophisticated card access control systems. Thus, the emergence of technological advancements is a popular trend gaining significant momentum in the global school and campus security market.
Leading Segments
Global level analysis of the global School and Campus Security Market is done for segment by type, hardware & software.
Hardware-dependent segments in the global market include camera, monitor, recorder, and encoder.
Software-wise, the segments in the global school and campus security market are service management, video analytics, video management, and others. Among these, video analytics accounted for the largest market share on account of the massive demand for effective video surveillance and government investments in emerging technologies for enhancing security.
Leading Regions
Region-wise, North America captured the largest market share due to increased adoption of new technological solutions, elevated demand for security concerns and growing investment in infrastructure in schools and universities. Countries like the United States (U.S) and Canada are the top contributors to the school and campus security market, mainly due to increasing education security spending that benefits from the educational building construction expenditures, increasing competition in developing innovative products like IP video surveillance camera, augmented security upgradation, and the reducing product prices. The market in Asia Pacific is making similar strides, with continuous technological developments, growing criminal activities and terrorist attacks.
LIST OF TABLES
Table 1 School And Campus Security Market, By Type
Table 2 School And Campus Security Market, By Hardware & Software
Table 3 School And Campus Security Market, By Geography
Table 4 North America School And Campus Security Market, By Type
Table 5 North America School And Campus Security Market, By Hardware & Software
Continued……
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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 & Software (%)
Figure 4 School And Campus Security Market, By Regions (%)
Figure 5 North America School And Campus Security Market, By Type (%)
Continued…….
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