Market Share of Canada Video Surveillance Industry
The Canadian surveillance camera market is fragmented, with major domestic and international players competing by offering technologically advanced products and services. Many global and domestic companies compete in the market, offering various surveillance camera types, software solutions, and integration services. Companies differentiate themselves through features like remote monitoring, cloud storage, easy integration with existing security systems, and customer support services. Some key market players include Hikvision, Bosch, Teledyne FLIR, and Hanhwa Vision, among others.
•April 2024: March Networks, a prominent provider of intelligent video solutions, unveiled its latest offering, March Networks CloudSight, a subscription-based video solution. Geared toward small- and medium-sized businesses and quick-service restaurants, this cloud-based service promises a seamless camera-to-cloud video experience. Its full integration with Searchlight Cloud, March Networks' advanced AI-driven data analytics and business intelligence platform, sets it apart. Operators gain a comprehensive view of their operations by amalgamating insights from AI-based video analytics with data from sources like POS systems and IoT devices. This holistic approach not only bolsters security but also aids in strategic decision-making.
•March 2024: March Networks unveiled its latest AI Series smart cameras, spearheaded by the AI4 model. These cameras are designed to bolster security and Business Intelligence through cutting-edge AI analytics and top-tier image quality. The AI4 camera promises superior video quality across all lighting scenarios. It is not just about visuals but also engineered to provide more precise, actionable data. This precision translates to a notable reduction in false alarms, ultimately saving users crucial time and resources.
Canada Video Surveillance Market Leaders
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Hanwha Vision America
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Bosch Sicherheitssysteme GmbH
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Teledyne FLIR LLC
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Zosi Technology Ltd
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Hangzhou Hikvision Digital Technology Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
