Market Forecast By Offering (Hardware, Software, Service), By System (Analog Video Surveillance Systems, IP Video Surveillance Systems, Hybrid Video Surveillance Systems), By Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, Industrial) And Competitive Landscape
Product Code: ETC4456799 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Kazakhstan Video Surveillance market currently, in 2023, has witnessed an HHI of 4438, Which has increased slightly as compared to the HHI of 2788 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Kazakhstan Video Surveillance Market report thoroughly covers the market by offering, by systems, and by verticals. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Kazakhstan Video Surveillance Market is expected to grow significantly in the coming years. Kazakhstan, a country in Central Asia known for its vast oil reserves and diverse culture, has seen a significant rise in the demand for video surveillance systems in recent years. The growing concern for security and safety measures in public places, residential areas, and commercial establishments, has propelled the market demand for video surveillance systems.
According to 6Wresearch, the Kazakhstan Video Surveillance Market size is expected to reach $224.40 million in the years to come, with a CAGR of 7.58% during the forecast period of 2024-2030. The growth of the market can be attributed to the increasing number of public places and commercial establishments, the rise of crime rates and terrorist threats, and the government's initiatives to improve the safety and security of the citizens. Furthermore, the adoption of IoT and cloud technology in video surveillance systems and the increasing demand for intelligent surveillance solutions that use AI and machine learning algorithms are further boosting the Kazakhstan Video Surveillance Market Growth. Despite the growth potential, several challenges hinder its growth.
The lack of technical expertise and a skilled workforce in the country, coupled with inadequate cybersecurity measures, pose significant challenges for the video surveillance market. Furthermore, the high installation and maintenance costs of video surveillance systems can also deter potential customers. One of the significant trends in the Kazakhstan video surveillance industry is the increasing adoption of IP-based surveillance systems. These systems offer better picture quality, scalability, and remote accessibility, making them a popular choice among customers. The market presents several opportunities for the development of video surveillance systems in Kazakhstan. The increasing adoption of smart city projects and the government's initiatives to improve public safety and security provide significant opportunities for vendors to expand their businesses.
The government has introduced several policies and schemes to promote the Kazakhstan Video Surveillance Market Growth. One of the most significant policies is the “Safe City” project, which has been implemented in major cities across the country. The project involves the installation of video surveillance cameras in public spaces to enhance public safety and improve emergency response times. The government has also established a regulatory framework for the video surveillance industry, which includes licensing requirements and technical standards. In addition, the government has provided financial support to the video surveillance industry through various schemes, such as subsidies for the purchase of video surveillance equipment and tax incentives for companies operating in this field.
The video surveillance market in Kazakhstan is highly competitive, with several prominent players operating in this industry. Hikvision, Dahua, and Axis Communications are the leading players in this market, accounting for a significant share of the total market revenue. Other notable players in the Kazakhstan video surveillance market include Panasonic, Bosch Security Systems, and Samsung Techwin.
By System, the IP video surveillance systems segment dominates the Kazakhstan Video Surveillance Market Share, followed by the hybrid video surveillance systems segment. The growth in these segments is mainly due to the benefits they offer, such as remote access, better resolution, and scalability. As for the analogue video surveillance systems segment, it is expected to decline gradually as they are being replaced by advanced IP and hybrid video surveillance systems.
According to Ravi Bhandari, Research Head, 6Wresearch, the infrastructure segment dominates the market due to the massive investments it receives from the government. The government is focusing on developing smart cities, intelligent transportation systems, and smart buildings, which require advanced video surveillance solutions. The military & defence segment is also witnessing growth due to the rising need for surveillance technologies for border security, intelligence, and national security. The commercial and residential segments are expected to witness moderate growth as more businesses and residential areas adopt advanced video surveillance solutions to enhance security.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Kazakhstan Video Surveillance Market Overview |
3.1 Kazakhstan Country Macro Economic Indicators |
3.2 Kazakhstan Video Surveillance Market Revenues & Volume, 2020 & 2030F |
3.3 Kazakhstan Video Surveillance Market - Industry Life Cycle |
3.4 Kazakhstan Video Surveillance Market - Porter's Five Forces |
3.5 Kazakhstan Video Surveillance Market Revenues & Volume Share, By Offering , 2020 & 2030F |
3.6 Kazakhstan Video Surveillance Market Revenues & Volume Share, By System, 2020 & 2030F |
3.7 Kazakhstan Video Surveillance Market Revenues & Volume Share, By Vertical, 2020 & 2030F |
4 Kazakhstan Video Surveillance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kazakhstan Video Surveillance Market Trends |
6 Kazakhstan Video Surveillance Market, By Types |
6.1 Kazakhstan Video Surveillance Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Kazakhstan Video Surveillance Market Revenues & Volume, By Offering , 2020 - 2030F |
6.1.3 Kazakhstan Video Surveillance Market Revenues & Volume, By Hardware, 2020 - 2030F |
6.1.4 Kazakhstan Video Surveillance Market Revenues & Volume, By Software, 2020 - 2030F |
6.1.5 Kazakhstan Video Surveillance Market Revenues & Volume, By Service, 2020 - 2030F |
6.2 Kazakhstan Video Surveillance Market, By System |
6.2.1 Overview and Analysis |
6.2.2 Kazakhstan Video Surveillance Market Revenues & Volume, By Analog Video Surveillance Systems, 2020 - 2030F |
6.2.3 Kazakhstan Video Surveillance Market Revenues & Volume, By IP Video Surveillance Systems, 2020 - 2030F |
6.2.4 Kazakhstan Video Surveillance Market Revenues & Volume, By Hybrid Video Surveillance Systems, 2020 - 2030F |
6.3 Kazakhstan Video Surveillance Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Kazakhstan Video Surveillance Market Revenues & Volume, By Commercial, 2020 - 2030F |
6.3.3 Kazakhstan Video Surveillance Market Revenues & Volume, By Infrastructure, 2020 - 2030F |
6.3.4 Kazakhstan Video Surveillance Market Revenues & Volume, By Military & Defense, 2020 - 2030F |
6.3.5 Kazakhstan Video Surveillance Market Revenues & Volume, By Residential, 2020 - 2030F |
6.3.6 Kazakhstan Video Surveillance Market Revenues & Volume, By Public Facility, 2020 - 2030F |
6.3.7 Kazakhstan Video Surveillance Market Revenues & Volume, By Industrial, 2020 - 2030F |
7 Kazakhstan Video Surveillance Market Import-Export Trade Statistics |
7.1 Kazakhstan Video Surveillance Market Export to Major Countries |
7.2 Kazakhstan Video Surveillance Market Imports from Major Countries |
8 Kazakhstan Video Surveillance Market Key Performance Indicators |
9 Kazakhstan Video Surveillance Market - Opportunity Assessment |
9.1 Kazakhstan Video Surveillance Market Opportunity Assessment, By Offering , 2020 & 2030F |
9.2 Kazakhstan Video Surveillance Market Opportunity Assessment, By System, 2020 & 2030F |
9.3 Kazakhstan Video Surveillance Market Opportunity Assessment, By Vertical, 2020 & 2030F |
10 Kazakhstan Video Surveillance Market - Competitive Landscape |
10.1 Kazakhstan Video Surveillance Market Revenue Share, By Companies, 2023 |
10.2 Kazakhstan Video Surveillance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |