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Global Audio Surveillance Market to reach USD 1621.52 million by 2027

Global Audio Surveillance Market Size study, by Product (Audio Monitoring Kits, Base Station, Audio Interface, Mics, Speakers, Voice Recorders, Phone Recorders, Detective Audio, Accessories), by Application (Individual, Government, Industry, Commercial, Military, Others) and Regional Forecasts 2020-2027

Product Code: EESAC_40977494
Publish Date: 18-11-2020
Page: 200

Global Audio surveillance Market is valued at approximately USD 5438.26 million in 2019 and is anticipated to grow with a healthy growth rate of more than 16.87% over the forecast period 2020-2027. Nowadays, surveillance is becoming a general practice in several environments, such as stores, agencies, and so on. The audio surveillance solutions help companies to follow with the risk and compliance management obligation, enhance the quality of the operation, and improve the overall efficiency. These solutions often deliver the consumers with impartial audio monitoring as well as assessment solutions and encouraging services to retain the organization’s core exclusively on their fundamental operational activities. In addition, the audio surveillance solutions, in the form of mobile communications monitoring systems, alarm surveillance monitoring, media monitoring, and voice-biometric solutions, have assisted the organizations examine the audio content effectively and continuously to advance better insights among customers. Therefore, the utility of audio surveillance solutions is increased, predominantly in the industrial and commercial sectors. Moreover, the rise in telecom fraudulent activities and cybercrimes, along with surging demand from end-use verticals are the few factors responsible for the CAGR of the market during the forecast period. According to the World Economic Forum, in 2019, cybercrimes are emerged as a top five risks to the global stability. According to the Identity theft resource centre, cybercrime compliant in 2018 was over 351,937 and increased to 467,361 in 2019. Also, the number of data breach in 2018 was 1257 which increased to 1473 in 2019. This, in turn, is likely to strengthen the demand for audio surveillance products, thereby contributing to the market growth around the world. However, the data and information security concern is one of the prime the few factor restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Audio surveillance market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising government projects concerning mass surveillance, along with the wide presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising incidents of data breaches and cybercrime coupled with growing IT and telecom infrastructure across the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the audio surveillance market in the Asia-Pacific region.

Major market player included in this report are:
Axis Communications
KJB Security Products
MG Electronics
Crown Audio
Lorex by FLIR.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Audio Monitoring Kits
Base Station
Audio Interface
Voice Recorders
Phone Recorders
Detective Audio

By Application:

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Audio surveillance Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Audio Surveillance Market, by Region, 2018-2027 (USD Million)
1.2.2. Audio Surveillance Market, by Product, 2018-2027 (USD Million)
1.2.3. Audio Surveillance Market, by Applications, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Audio Surveillance Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Audio Surveillance Market Dynamics
3.1. Audio Surveillance Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Audio Surveillance Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Audio Surveillance Market, by Product
5.1. Market Snapshot
5.2. Global Audio Surveillance Market by Product, Performance – Potential Analysis
5.3. Global Audio Surveillance Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Audio Surveillance Market, Sub Segment Analysis
5.4.1. Audio Monitoring Kits
5.4.2. Base Station
5.4.3. Audio Interface
5.4.4. Mics
5.4.5. Speakers
5.4.6. Voice Recorders
5.4.7. Phone Recorders
5.4.8. Detective Audio
5.4.9. Accessories
Chapter 6. Global Audio Surveillance Market, by Applications
6.1. Market Snapshot
6.2. Global Audio Surveillance Market by Applications, Performance – Potential Analysis
6.3. Global Audio Surveillance Market Estimates & Forecasts by Applications 2017-2027 (USD Million)
6.4. Audio Surveillance Market, Sub Segment Analysis
6.4.1. Individual
6.4.2. Government
6.4.3. Industry
6.4.4. Commercial
6.4.5. Military
6.4.6. Others
Chapter 7. Global Audio Surveillance Market, Regional Analysis
7.1. Audio Surveillance Market, Regional Market Snapshot
7.2. North America Audio Surveillance Market
7.2.1. U.S. Audio Surveillance Market Product breakdown estimates & forecasts, 2017-2027 Applications breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Audio Surveillance Market
7.3. Europe Audio Surveillance Market Snapshot
7.3.1. U.K. Audio Surveillance Market
7.3.2. Germany Audio Surveillance Market
7.3.3. France Audio Surveillance Market
7.3.4. Spain Audio Surveillance Market
7.3.5. Italy Audio Surveillance Market
7.3.6. Rest of Europe Audio Surveillance Market
7.4. Asia-Pacific Audio Surveillance Market Snapshot
7.4.1. China Audio Surveillance Market
7.4.2. India Audio Surveillance Market
7.4.3. Japan Audio Surveillance Market
7.4.4. Australia Audio Surveillance Market
7.4.5. South Korea Audio Surveillance Market
7.4.6. Rest of Asia Pacific Audio Surveillance Market
7.5. Latin America Audio Surveillance Market Snapshot
7.5.1. Brazil Audio Surveillance Market
7.5.2. Mexico Audio Surveillance Market
7.6. Rest of The World Audio Surveillance Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Axis Communications Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. KJB Security Products
8.2.3. NICE
8.2.4. MG Electronics
8.2.5. Panasonic
8.2.6. Sony
8.2.7. AKG
8.2.8. Crown Audio
8.2.9. ACTi
8.2.10. Lorex by FLIR
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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