Market Forecast 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) and competitive landscape
Product Code: ETC001771 | Publication Date: Mar 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Sudan Video Surveillance market currently, in 2023, has witnessed an HHI of 6955, Which has increased moderately as compared to the HHI of 2435 in 2017. The market is moving towards Highly 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.
Sudan 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.
Sudan Video Surveillance Market is rapidly growing, with a significant rise in demand for high-quality, advanced surveillance systems. The country's need for better surveillance is driven by a surge in crime rates, political unrest, and security concerns.
According to 6Wresearch, the Sudan Video Surveillance Market size is projected to grow at a CAGR of 9.6%, reaching a value of $105.98 million during the forecast period of 2024-2030. The growth is attributed to the increasing need for surveillance solutions in public places, residential areas, offices, and industries. Additionally, the major drivers of the Sudan video surveillance market include a rise in crime rates, political instability, and security needs. The country is plagued by crimes such as theft, violence, and burglary, which have led to an exponential increase in demand for surveillance systems. Despite its growth prospects, the Sudan video surveillance industry faces several challenges. The high cost of installation and maintenance is a significant barrier to entry, making it difficult for small businesses and individuals to afford these systems. Additionally, limited access to electricity and internet connectivity, vandalism, and theft of equipment has hindered the growth of the market in Sudan.
Apart from this, one of the emerging trends in the market is the adoption of IP cameras, which provide a high level of integration and flexibility. These cameras provide high-resolution images and support multiple video compression formats. Moreover, the growing demand for video surveillance systems has created an opportunity for businesses to invest in the market. Companies can leverage the latest technology to provide advanced surveillance solutions tailored to the specific needs of their clients. Additionally, governments can implement video surveillance systems in public areas such as parks, roads, and city centres, to enhance security and maintain law and order.
The Sudan government has been actively involved in promoting safety and security using video surveillance. One of its most significant initiatives is Project Shield Sudan. Launched in 2011, the project aims to install CCTV cameras in public spaces and develop a central monitoring system to monitor real-time footage. The project has seen considerable success, with the installation of more than 15,000 cameras across the country. In 2015, the government introduced the Building Code, which mandated the installation of CCTV cameras in commercial buildings and public spaces. The law requires the establishment of video surveillance systems in buildings with more than four floors and in places where a minimum of twenty people gather at any given point in time. This law has facilitated the Sudan video surveillance market growth, even in the private sector.
Several prominent players are dominating the Sudan video surveillance market share, including Hikvision, Dahua Technology, and Axis Communications. Hikvision is a leading player in the global video surveillance market, and it has established its presence in Sudan through its authorized distributor, AN Group. The company offers a wide range of solutions, including network cameras, analog cameras, NVRs, DVRs, and video management software. Dahua Technology is another leading player that has a significant presence in Sudan. The company provides comprehensive video surveillance products and solutions, including network cameras, video recorders, storage devices, and video management software.
According to Ravi Bhandari, Research Head, 6Wresearch, IP/network cameras and NVRs are the fastest growing. Unlike analogue cameras, IP cameras offer more advanced features, including remote access via the internet, higher resolution, and easier installation. On the other hand, NVRs are gaining popularity due to their scalability and higher storage capacity.
The report offers a comprehensive study of the subsequent market segments:
Video Surveillance System Cameras
Video Surveillance System Recorder
Video Surveillance System Encoder
Video Management Software
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Sudan Video Surveillance System Market Overview |
3.1 Sudan Country Indicators |
3.2 Sudan Video Surveillance System Market Revenues 2020-2030F |
3.3 Sudan Video Surveillance System Market Revenue Share, By Components, 2020 & 2030F |
3.4 Sudan Video Surveillance System Market Revenue Share, By Verticals, 2020 & 2030F |
3.5 Sudan Video Surveillance System Market Revenue Share, By Regions, 2020 & 2030F |
3.6 Sudan Video Surveillance System Market - Industry Life Cycle |
3.7 Sudan Video Surveillance System Market - Porter’s Five Forces |
4. Sudan Video Surveillance System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Sudan Video Surveillance System Market Trends |
6. Sudan Video Surveillance Camera Market Overview |
6.1 Sudan Video Surveillance Camera Market Revenues, 2020-2030F |
6.2 Sudan Video Surveillance Camera Market Revenues, By Components, 2020-2030F |
6.2.1 Sudan Analog Video Surveillance Camera Market Revenues, 2020-2030F |
6.2.2 Sudan IP/Network Video Surveillance Camera Market Revenues, 2020-2030F |
7. Sudan Video Surveillance Recorder Market Overview |
7.1 Sudan Video Surveillance Recorder Market Revenues, 2020-2030F |
7.2 Sudan Video Surveillance Recorder Market Revenues, By Components |
7.2.1 Sudan Video Surveillance Network Video Recorder (NVR) Market Revenues, 2020-2030F |
7.2.2 Sudan Video Surveillance Digital Video Recorder (DVR) Market Revenues, 2020-2030F |
8. Sudan Video Surveillance Encoder Market Overview |
8.1 Sudan Video Surveillance Encoder Market Revenues, 2020-2030F |
9. Sudan Video Surveillance Software Market Overview |
9.1 Sudan Video Management Software Market Revenues, 2020-2030F |
10. Sudan Video Surveillance System Market Overview, By Verticals |
10.1 Sudan Video Surveillance System Market Revenues, By Banking & Financial Institutions, 2020-2030F |
10.2 Sudan Video Surveillance System Market Revenues, By Government & Transportation, 2020-2030F |
10.3 Sudan Video Surveillance System Market Revenues, By Retail & Logistics, 2020-2030F |
10.4 Sudan Video Surveillance System Market Revenues, By Commercial Offices & Buildings, 2020-2030F |
10.5 Sudan Video Surveillance System Market Revenues, By Hospitality & Healthcare, 2020-2030F |
10.6 Sudan Video Surveillance System Market Revenues, By Industrial & Manufacturing, 2020-2030F |
10.7 Sudan Video Surveillance System Market Revenues, By Residential, 2020-2030F |
10.8 Sudan Video Surveillance System Market Revenues, By Educational Institutions, 2020-2030F |
11. Sudan Video Surveillance System Market Overview, By Regions |
12. Sudan Video Surveillance System Market - Key Performance Indicators |
13. Sudan Video Surveillance System Market - Opportunity Assessment |
13.1 Sudan Video Surveillance System Market Opportunity Assessment, By Components, 2030F |
13.2 Sudan Video Surveillance System Market Opportunity Assessment, By Verticals, 2030F |
14. Sudan Video Surveillance System Market Competitive Landscape |
14.1 Sudan Video Surveillance System Market Revenue Share, By Companies, 2023 |
14.2 Sudan Video Surveillance System Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
16. Key Recommendations |
17. Disclaimer |