New Zealand Video Surveillance Market (2024-2030) | Revenue, Growth, Analysis, Companies, Trends, Outlook, Value, Industry, Forecast, Size & Share

Topics Covered in the New Zealand Video Surveillance Market

New Zealand Video Surveillance Market report thoroughly covers the market by products 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.

New Zealand Video Surveillance Market Synopsis

The New Zealand Video Surveillance Market is expected to continue its growth trajectory in the coming years, with many companies and cities realizing the importance of increased safety and security. With the increasing use of advanced technology and the infusion of artificial intelligence and machine learning, the market is opening up opportunities for more functionalities and improved user experience. The future is promising for the New Zealand video surveillance market. 

According to 6Wresearch, the New Zealand Video Surveillance Market size is expected to grow at a CAGR of 8.2% during the forecast period of 2024-2030. One of the significant drivers of the New Zealand video surveillance market is the rise in crime rates, especially in cities. Video surveillance is perceived as a highly effective tool in fighting crime. As a result, the New Zealand government has stepped up its efforts toward installing video surveillance to prevent crime from occurring or to quickly respond to incidents that might happen. The New Zealand video surveillance market growth is also being influenced by the expanding transportation and retail infrastructure in the country. The integration of video surveillance systems is becoming a prerequisite in these rapidly developing sectors.

The latest technological advancements, including the introduction of artificial intelligence and machine learning, are also contributing to the growth of the industry. For instance, the use of AI-enabled video analytics allows businesses and cities to automate security processes, gather advanced data, and enhance overall safety and security. Despite the many opportunities and drivers, the New Zealand video surveillance market is not without challenges. One of the significant challenges is ensuring the privacy and security of individuals. The country has strict laws and regulations governing personal privacy and surveillance, which could limit the expansion of the video surveillance sector if not followed. Therefore, video surveillance companies must ensure strict compliance with the law and respect citizens' rights to privacy.

Government policies and schemes introduced in the New Zealand Video Surveillance Market 

One of the most significant government policies in the New Zealand Video Surveillance Market is the installation of CCTV cameras in public spaces, such as parks, shopping centres, and streets. This policy has led to a considerable increase in the demand for video surveillance systems, and several providers have emerged to cater to this growing demand. Hikvision and Axis Communications are two of the leading providers of CCTV cameras and video surveillance systems in New Zealand. Another key policy aimed at improving video surveillance in New Zealand is the implementation of facial recognition technology. The technology is used to identify individuals in public spaces and has proven to be a critical tool for law enforcement agencies. The New Zealand government has also partnered with technology providers such as NEC to develop and implement facial recognition technology.

Prominent players in the New Zealand Video Surveillance Market

Key players in the New Zealand video surveillance industry include the likes of Honeywell, Pelco, and Sony. These companies offer a wide range of video surveillance systems and equipment, including CCTV cameras, video recorders, and surveillance software. Honeywell is known for its high-quality video surveillance systems that are tailored to meet the individual needs of clients. Pelco, on the other hand, offers advanced video management systems that are scalable and easy to use.

Market Analysis by Verticals

According to Nitesh Kumar, Research Manager, 6Wresearch, the retail and logistics vertical is the fastest-growing segment and expected to dominate the New Zealand Video Surveillance Market Share, driven by the proliferation of e-commerce and the need to improve distribution efficiency and security. The government and transportation vertical are also significant player in the video surveillance market, driven by the need to improve public safety and reduce crime rates.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• New Zealand Video Surveillance Market Overview
• New Zealand Video Surveillance Market Outlook
• New Zealand Video Surveillance Market Forecast
• Historical Data of New Zealand Video Surveillance Market Revenues & Volume for the Period  2020-2030F
• New Zealand Video Surveillance Market Size and New Zealand Video Surveillance Market Forecast of Revenues & Volume, Until 2030
• Historical Data of New Zealand Video Surveillance Market Revenues & Volume, By Components, for the Period  2020-2030F
• Market Size & Forecast of New Zealand Video Surveillance Market Revenues & Volume, By Components, Until 2030
• Historical Data of New Zealand Video Surveillance Market Revenues & Volume, By Verticals, for the Period  2020-2030F
• Market Size & Forecast of New Zealand Video Surveillance Market Revenues & Volume, By Verticals, Until 2030
• Historical Data of New Zealand Video Surveillance Market Revenues & Volume, By Regions, for the Period  2020-2030F
• Market Size & Forecast of New Zealand Video Surveillance Market Revenues & Volume, By Regions, Until 2030
• Market Drivers and Restraints
• New Zealand Video Surveillance Market Price Trends
• New Zealand Video Surveillance Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• New Zealand Video Surveillance Market Share, By Players
• New Zealand Video Surveillance Market Share, By Regions
• New Zealand Video Surveillance Market Overview on Competitive Benchmarking
• Company Profiles

Key Strategic Recommendations

Markets Covered

The New Zealand Video Surveillance Market report provides a detailed analysis of the following market segments:

By Products

Video Surveillance System Cameras

• Analog
• IP/ Network Camera

Video Surveillance System Recorder

• DVR
• NVR

Video Surveillance System Encoder

Video Management Software

By Verticals

• Banking & Financial
• Government & Transportation
• Retail & Logistics
• Commercial Offices
• Industrial & Manufacturing
• Residential
• Hospitality & Healthcare
• Educational Institutions