Global Video Surveillance Market 2024-2028
The video surveillance market is forecasted to grow by USD 37003.5 mn during 2023-2028, accelerating at a CAGR of 10.71% during the forecast period. The report on the video surveillance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to mitigate criminal activities and terrorist attacks, suitability of video surveillance for smart cities, and expanding scope of video surveillance in commercial segment.
Technavio's video surveillance market is segmented as below:
- By Product
- Hardware
- Software
- Services
- By End-user
- Public
- Commercial
- Residential
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the advent of smart ai-based video surveillance as one of the prime reasons driving the video surveillance market growth during the next few years. Also, strategic alliances and predictive crime monitoring will lead to sizable demand in the market.
The report on the video surveillance market covers the following areas:
- Video surveillance market sizing
- Video surveillance market forecast
- Video surveillance market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading video surveillance market vendors that include Agent Video Intelligence Ltd., Canon Inc., Costar Technologies Inc., CP PLUS International, Dahua Technology Co. Ltd., Genetec Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Hexagon AB, Honeywell International Inc., Huawei Technologies Co. Ltd., i PRO Co. Ltd., Motorola Solutions Inc., NEC Corp., NICE Ltd., Robert Bosch GmbH, Teledyne Technologies Inc., Tiandy Technologies Co. Ltd., Zhejiang Uniview Technologies Co. Ltd., and Zicom Saas Pvt. Ltd.. Also, the video surveillance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.