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: ETC4456796 | 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 | |
Tanzania Video Surveillance market currently, in 2023, has witnessed an HHI of 4208, Which has decreased slightly as compared to the HHI of 4439 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.
Tanzania 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.
Tanzania Video Surveillance Market is predicted to grow steadily in the coming years. The driving factors for this growth include the increased crime rate, the need for better border control, and the need for public safety. There are specific top companies in Tanzania market that provide video surveillance equipment, software, and services. These companies offer a range of advanced video surveillance solutions with features such as video analytics, thermal imaging as well as video management software (VMS).
According to 6Wresearch, the Tanzania Video Surveillance Market size is expected to grow at a CAGR of 15.78% during the forecast period of 2024-2030. One of the major drivers for the market is the government initiatives for public safety. The government has implemented measures that focus on enhancing security and public safety. As a result, video surveillance cameras have been installed across various public places, including government buildings, roads, and stadiums. Another significant driver for the Tanzania video surveillance industry is the growing use of video surveillance in businesses across the country. Businesses are increasingly using video surveillance systems to protect their premises and goods from theft and burglary. With the increase in the number of businesses, especially in the retail sector, there has been a massive demand for video surveillance software to monitor the activities of employees and customers.
However, the Tanzania video surveillance market faces several challenges. For instance, the high cost of installation and maintenance of video surveillance systems is one of the significant challenges that businesses face. Additionally, the lack of skilled technicians to install and maintain the video surveillance systems, combined with the poor electrical infrastructure in some parts of the country, poses significant challenges to the Tanzania Video Surveillance Market Growth. Nevertheless, the market outlook for Tanzania video surveillance is promising. The adoption of artificial intelligence (AI) and machine learning (ML) in video surveillance systems is one of the significant trends that are expected to shape the future of the Tanzania video surveillance market. The integration of these technologies enables video surveillance cameras to analyze data and automatically detect suspicious behaviour or objects. The growing adoption of cloud-based video surveillance platforms is also expected to provide a significant push to the market.
The Government of Tanzania has introduced several policies aimed at improving the country's security surveillance systems. One of these policies is the National Security and Public Order Guidelines. The guidelines focus on surveillance technologies to be deployed in high-risk areas, with the main objective of ensuring public safety and order. Additionally, the government has also established the National Archives and Records Act, which includes provisions for video and audio recordings in criminal trials and investigations. The act is a testament to the government's increased interest in utilizing video surveillance technology to improve the country's legal and law enforcement systems.
Some of the prominent players in the Tanzania video surveillance market include Hikvision, Dahua Technology, Axis Communications, Bosch Security, and Honeywell International Inc. These companies offer a variety of video surveillance systems, including CCTV cameras, remote monitoring systems, and access control systems.ย
By Offering, the hardware segment occupies the largest share in the Tanzania video surveillance market. This segment includes cameras, storage devices, network devices, and other important components. The software segment includes video analytics software, video management software, and other applications that support the surveillance system. The services segment includes installation, maintenance, and support services.
According to Ravi Bhandari, Research Head, 6Wresearch, the commercial and infrastructure verticals are expected to dominate the Tanzania Video Surveillance Market Share, followed by the residential and public facility verticals.ย
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 Tanzania Video Surveillance Market Overview |
3.1 Tanzania Country Macro Economic Indicators |
3.2 Tanzania Video Surveillance Market Revenues & Volume, 2020 & 2030F |
3.3 Tanzania Video Surveillance Market - Industry Life Cycle |
3.4 Tanzania Video Surveillance Market - Porter's Five Forces |
3.5 Tanzania Video Surveillance Market Revenues & Volume Share, By Offering , 2020 & 2030F |
3.6 Tanzania Video Surveillance Market Revenues & Volume Share, By System, 2020 & 2030F |
3.7 Tanzania Video Surveillance Market Revenues & Volume Share, By Vertical, 2020 & 2030F |
4 Tanzania Video Surveillance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Tanzania Video Surveillance Market Trends |
6 Tanzania Video Surveillance Market, By Offering |
6.1 Overview and Analysis |
6.1.2 Tanzania Video Surveillance Market Revenues & Volume, By Hardware, 2020 & 2030F |
6.1.3 Tanzania Video Surveillance Market Revenues & Volume, By Software, 2020 & 2030F |
6.1.4 Tanzania Video Surveillance Market Revenues & Volume, By Service, 2020 & 2030F |
6.2 Tanzania Video Surveillance Market, By System |
6.2.1 Overview and Analysis |
6.2.2 Tanzania Video Surveillance Market Revenues & Volume, By Analog Video Surveillance Systems, 2020 & 2030F |
6.2.3 Tanzania Video Surveillance Market Revenues & Volume, By IP Video Surveillance Systems, 2020 & 2030F |
6.2.4 Tanzania Video Surveillance Market Revenues & Volume, By Hybrid Video Surveillance Systems, 2020 & 2030F |
6.3 Tanzania Video Surveillance Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Tanzania Video Surveillance Market Revenues & Volume, By Commercial, 2020 & 2030F |
6.3.3 Tanzania Video Surveillance Market Revenues & Volume, By Infrastructure, 2020 & 2030F |
6.3.4 Tanzania Video Surveillance Market Revenues & Volume, By Military & Defense, 2020 & 2030F |
6.3.5 Tanzania Video Surveillance Market Revenues & Volume, By Residential, 2020 & 2030F |
6.3.6 Tanzania Video Surveillance Market Revenues & Volume, By Public Facility, 2020 & 2030F |
6.3.7 Tanzania Video Surveillance Market Revenues & Volume, By Industrial, 2020 & 2030F |
7 Tanzania Video Surveillance Market Import-Export Trade Statistics |
7.1 Tanzania Video Surveillance Market Export to Major Countries |
7.2 Tanzania Video Surveillance Market Imports from Major Countries |
8 Tanzania Video Surveillance Market Key Performance Indicators |
9 Tanzania Video Surveillance Market - Opportunity Assessment |
9.1 Tanzania Video Surveillance Market Opportunity Assessment, By Offering , 2020 & 2030F |
9.2 Tanzania Video Surveillance Market Opportunity Assessment, By System, 2020 & 2030F |
9.3 Tanzania Video Surveillance Market Opportunity Assessment, By Vertical, 2020 & 2030F |
10 Tanzania Video Surveillance Market - Competitive Landscape |
10.1 Tanzania Video Surveillance Market Revenue Share, By Companies, 2023 |
10.2 Tanzania Video Surveillance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |