Nigeria Video Surveillance Market Outlook (2022-2028)

Market Forecast By Components (Video Surveillance Cameras (Analog Camera, IP/Network Camera (Wired Camera And Wireless Camera), Video Surveillance Recorder (Network Video Recorder And Digital Video Recorder), Video Surveillance Encoder, Video Management Software)), By Applications (Banking & Financial, Government & Transportation, Retail & Logistics, Commercial Offices, Industrial & Manufacturing, Residential, Hospitality & Healthcare, And Educational Institutions) And Competitive Landscape

Product Code: ETC000302 Publication Date: Apr 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 80 No. of Figures: 18 No. of Tables: 8

Nigeria Video Surveillance Market report thoroughly covers the market by components and applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.

Nigeria Video Surveillance Market Synopsis

Nigeria video surveillance market registered a decline in demand during in 2020 on the account of the sudden outbreak of Covid-19 which resulted in stringent lockdown affecting industrial and manufacturing activities along with the closing down of all educational institutes, banks, hotels, and malls, etc. Although, as soon as the lockdown was lifted, the market started recovering from the losses and the market is expected to grow future on account of growing government and infrastructural projects in the country.

Nigeria Video Surveillance Market Outlook (2022-2028)

According to 6Wresearch, Nigeria video surveillance market size grew at a CAGR of 5.0% during 2022-2028. The video surveillance market in Nigeria is increasing significantly over the last few years on account of the rising growth of BFSI sector in the country, along with rising security concerns, primarily arising from increasing incidents of theft, domestic crime, and acts of terrorism growing government, commercial, and IT infrastructure in the country. Both government and private organizations are engaging video surveillance to monitor the occurrence of terrorist activities, such as contraband smuggling, shoot-outs, and bombings in high perils and sensitive locations.

Market Analysis By Applications

In 2021, within verticals, government and transportation vertical has generated a majority of the market revenues owing to increasing investments in various infrastructure projects, government initiatives for installing CCTVs, and surging spending that have improved the economic conditions of the country along with increasing terrorist activities and crime rates.

Nigeria Video Surveillance Market Outlook (2022-2028)

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 6 Years Market Numbers.
  • Estimated Data Starting from 2022F to 2028F.
  • Base Year: 2021
  • Forecast Data until 2028F.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Nigeria Video Surveillance Market Overview
  • Nigeria Video Surveillance Market Outlook
  • Nigeria Video Surveillance Market Forecast
  • Historical Data and Forecast of Nigeria Video Surveillance Market Revenues & Volume for the Period 2018-2028F
  • Historical Data and Forecast of Nigeria Video Surveillance Market Revenues & Volume, By Components, for the Period 2018-2028F
  • Historical Data and Forecast of Nigeria Video Surveillance Camera Market Revenues & Volume, By Camera Type, for the Period 2018-2028F
  • Historical Data and Forecast of Nigeria Video Surveillance Recorder Market Revenues & Volume, By Recorder Type, for the Period 2018-2028F
  • Historical Data and Forecast of Nigeria Video Surveillance Market Revenues, By Applications, for the Period 2018-2028F
  • Market Drivers and Restraints
  • Nigeria Video Surveillance Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Nigeria Video Surveillance Market Revenue Share/Ranking, By Companies
  • COVID-19 impact on Video Surveillance Market
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • By Components

    • Video Surveillance Cameras
      • Wired Camera
      • Wireless Camera
      • Analog Camera
      • IP/Network Camera
    • Video Surveillance Recorder
      • Network Video Recorder
      • Digital Video Recorder
    • Video Surveillance Encoder
    • Video Management Software

By Applications

  • Banking & Financial
  • Government & Transportation
  • Retail & Logistics
  • Commercial Offices
  • Industrial & Manufacturing
  • Residential
  • Hospitality & Healthcare
  • Educational Institutions
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Nigeria Video Surveillance Market Overview
3.1 Nigeria Video Surveillance Market Revenues & Volume, 2018-2028F
3.2 Nigeria Video Surveillance Market Industry Life Cycle
3.3 Nigeria Video Surveillance Market Porter’s Five Forces Model
3.4 Nigeria Video Surveillance Revenue Share, By Countries, 2021 & 2028F
4. Impact Analysis of COVID-19 on Nigeria Video Surveillance Market
5. Nigeria Video Surveillance Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Nigeria Video Surveillance Market Trends & Evolution
7. Nigeria Video Surveillance Market Overview
7.1 Nigeria Video Surveillance Market Revenues & Volume, 2018-2028F
7.2 Nigeria Video Surveillance Market Revenue & Volume Share, By Components, 2021 & 2028F
7.2.1 Nigeria Video Surveillance Market Revenues and Volume, By Video Surveillance Camera, 2018-2028F
7.2.2 Nigeria Video Surveillance Market Revenues and Volume, By Video Surveillance Recorder, 2018-2028F
7.2.3 Nigeria Video Surveillance Market Revenues and Volume, By Video Surveillance Encoder, 2018-2028F
7.2.4 Nigeria Video Surveillance Market Revenues, By Video Management Software, 2018-2028F
7.3 Nigeria Video Surveillance Camera Market Revenue and Volume Share, By Camera Type, 2021 & 2028F
7.3.1 Nigeria Video Surveillance Camera Market Revenues and Volume, By Analog Video Surveillance Camera, 2018-2028F
7.3.2 Nigeria Video Surveillance Camera Market Revenues and Volume, By IP/Network Video Surveillance Camera, 2018-2028F
7.3.2.1 Nigeria Video Surveillance Camera Market Revenue Share and Revenues, By IP/Network Video Surveillance Camera Type
7.3.2.1.1 Nigeria Video Surveillance IP/Network Camera Market Revenues, By Wired Camera, 2018-2028F
7.3.2.1.2 Nigeria Video Surveillance IP/Network Camera Market Revenues, By Wireless Camera, 2018-2028F
7.4 Nigeria Video Surveillance Recorder Market Revenue and Volume Share, By Recorder Type, 2021 & 2028F
7.4.1 Nigeria Video Surveillance Recorder Market Revenues and Volume, By Network Video Recorder (NVR), 2018-2028F
7.4.2 Nigeria Video Surveillance Recorder Market Revenues and Volume, By Digital Video Recorde (DVR), 2018-2028F
7.5 Nigeria Video Surveillance Market Revenue Share, By Applications, 2021 & 2028F
7.5.1 Nigeria Video Surveillance Market Revenues, By Banking & Financial Institutions, 2018-2028F
7.5.2 Nigeria Video Surveillance Market Revenues, By Government & Transportation, 2018-2028F
7.5.3 Nigeria Video Surveillance Market Revenues, By Retail & Logistics, 2018-2028F
7.5.4 Nigeria Video Surveillance Market Revenues, By Commercial Offices & Buildings, 2018-2028F
7.5.5 Nigeria Video Surveillance Market Revenues, By Hospitality & Healthcare, 2018-2028F
7.5.6 Nigeria Video Surveillance Market Revenues, By Industrial & Manufacturing, 2018-2028F
7.5.7 Nigeria Video Surveillance Market Revenues, By Residential, 2018-2028F
7.5.8 Nigeria Video Surveillance Market Revenues, By Educational Institutions, 2018-2028F
7.6 Nigeria Video Surveillance Market- Key Performance Indicators
7.7 Nigeria Video Surveillance Market Opportunity Assessment
7.7.1 Nigeria Video Surveillance Market Opportunity Assessment, By Components, 2028F
7.7.2 Nigeria Video Surveillance Market Opportunity Assessment, By Applications, 2028F
8. Nigeria Video Surveillance Market Price Trend Analysis
9. Nigeria Video Surveillance Market Competitive Landscape
9.1 Nigeria Video Surveillance Market, Ranking/Share, By Companies, 2021
9.2 Nigeria Video Surveillance Market - Companies Competitive Benchmarking, By Technical Parameters
9.3 Nigeria Video Surveillance Market - Companies Competitive Benchmarking, By Operating Parameters
10. Company Profiles
10.1 Axis Communications AB
10.2 Bosch  Group
10.3 Hanwha Corporations
10.4 Hangzhou Hikvision Digital Technology Co. Ltd
10.5 Pelco Corporations
10.6 Avigilion Corporations
10.7 Honeywell Security Group
10.8 Panasonic Corporation
10.9 Zhejiang Dahua Technology Co. Ltd.
10.10 Cisco Systems Inc.
11. Key Strategic Recommendations
12. Disclaimer
List of Figures
1: Nigeria Video Surveillance Market Revenues & Volume, 2018-2028F ($ Million, Thousand Units)
2: Nigeria Video Surveillance Market Revenue Share, By Countries, 2021 & 2028F
3: Crime Index of Nigeria Countries, 2020-2021
4: Nigeria Video Surveillance Market Revenues & Volume, 2018-2028F ($ Million, Thousand Units)
5: Nigeria Video Surveillance Market Revenue Share, By Components, 2021 & 2028F
6: Nigeria Video Surveillance Market Volume Share, By Components, 2021 & 2028F
7: Nigeria Video Surveillance Camera Market Revenue Share, By Camera Type, 2021 & 2028F
8: Nigeria Video Surveillance Camera Market Volume Share, By Camera Type, 2021 & 2028F
9: Nigeria IP/Network Video Surveillance Camera Market Revenue Share, By Type, 2021 & 2028F
10: Nigeria Video Surveillance Recorder Market Revenue Share, By Recorder Type, 2021 & 2028F
11: Nigeria Video Surveillance Recorder Market Volume Share, By Recorder Type, 2021 & 2028F
12: Nigeria Video Surveillance Market Revenue Share, By Applications, 2021 & 2028F
13: Average Annual Investment in Nigeria 2016-40F ($ Billion)
14: Infrastructure Investment in Nigeria, as a percentage of GDP, 2016-40F
15: Infrastructure Investment current trends & needs in Nigeria, 2015-40F ($ Billion)
16: Airports Infrastructure Investment current trends in Nigeria, 2015-40F ($ Million)
17: Rail Infrastructure Investment current trends in Nigeria, 2015-40F ($ Million)
18: Nigeria Video Surveillance Market Opportunity Assessment, By Components, 2028F
19: Nigeria Video Surveillance Market Opportunity Assessment, By Applications, 2028F
20: Nigeria Video Surveillance Market Revenue Ranking, By Companies, 2021
List of Tables
1: Nigeria Video Surveillance Market Revenues, By Components, 2018-2028F ($ Million)
2: Nigeria Video Surveillance Market Volume, By Components, 2018-2028F (Thousand Units)
3: Nigeria Video Surveillance Camera Market Revenues, By Camera Type, 2018-2028F ($ Million)
4: Nigeria Video Surveillance Camera Market Volume, By Camera Type, 2018-2028F (Thousand Units)
5: Nigeria IP/Network Video Surveillance Camera Market Revenues, By Type, 2018-2028F ($ Million)
6: Nigeria Video Surveillance Recorder Market Revenues, By Recorder Types, 2018-2028F ($ Million)
7: Nigeria Video Surveillance Recorder Market Volume, By Recorder Type, 2018-2028F (Thousand Units)
8: Nigeria Video Surveillance Market Revenues, By Applications, 2018-2028F ($ Million)
9: Cumulative Infrastructure Investment Estimate in Nigeria, 208-40F ($ Billion)
 

Market Forecast By Surveillance Type (Analog & IP Surveillance), Software (Video Management Software, Video Analytics and Others), By Components (Cameras (Analog and IP)), DVR/NVR, Encoders/Decoders, By Verticals (Government & Transportation, Banking & Financial, Retail & Logistics, Industrial & Manufacturing, Commercial Offices, Residential, Hospitality & Healthcare and Educational Institutions) and Regions (North-Central, North-Eastern, North-Western, South-Eastern, Southern and South-Western)

Product Code: ETC000302 Publication Date: Apr 2016 Product Type: Report
Publisher: 6Wresearch No. of Pages: 130 No. of Figures: 70 No. of Tables: 28

Nigeria has emerged as one of the key growth countries in the Sub-Sahara region. Increasing investments, government initiatives, and surging spending have improved the economic conditions of the country. However, the country is affected by increasing terrorist activities and crime rates. To check these, deployment of electronic security systems primarily video surveillance systems is witnessed especially in Lagos and Abuja.

According to 6Wresearch, Nigeria's video surveillance market is projected to grow at a CAGR of 5.3% during 2016-22. In Nigeria's video surveillance market, analog video surveillance systems have captured a key share of the market pie. However, a shift towards IP video surveillance systems is anticipated through the forecast period.

Amongst all verticals, the government & transportation vertical has generated the majority of the market revenues. The Industrial & manufacturing vertical is another key emerging vertical, wherein the oil & gas sector is the leading contributing segment.

The report thoroughly covers the video surveillance market by types, components, verticals, and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Nigeria video surveillance market is anticipated to gain momentum in the coming years on the back of the rising growth of the BFSI sector in the country. The rising urban population Growth in the country has led to increasing the need for issuing loans, providing financial transactions, and is likely to increase the video surveillance installation and is estimated to bolster the growth of the video surveillance market. Further, the growing retail industry expansion with the growing purchasing power simultaneously increases the need for Nigeria video surveillance market in the upcoming six years.

Key Highlights of the Report

• Market Dynamics Including Drivers, Restraints, Opportunity for Nigeria Video Surveillance Market
• Historical Market Revenue & Volume Trends for Nigeria Video Surveillance Market, 2010 - 2015
• Market Size & Revenue & Volume Forecast of Global Video Surveillance Market until 2022
• Historical Market Revenue Trends for Nigeria Video Surveillance Market, 2010 - 2015
• Market Size & Revenue Forecast of Nigeria Video Surveillance Market until 2022
• Historical Market Volume Trends for Nigeria Video Surveillance Market, 2010 - 2015
• Market Size & Volume Forecast of Nigeria Video Surveillance Market until 2022
• Market Volume and Revenue Forecast and Estimations by Types until 2022
• Market Volume and Revenue Forecast and Estimations by Verticals until 2022
• Market Revenue Trends and Forecast by Region until 2022
• Existing Market Trends
• Industry Life Cycle
• Value Chain Analysis
• Porter's Five Forces Analysis
• Players Market Share
• Competitive Benchmarking
• Company Profiles
• Key Strategic Pointers

Markets Covered

The report provides a detailed analysis of the following market segments:

• Video Surveillance Type
    o Analog Video Surveillance
    o IP/ Network Video Surveillance
    o Video Surveillance Software

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

• Regions
    o North-Central
    o North-Eastern
    o North-Western
    o South-Eastern
    o Southern
    o South-Western

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