Global Surveillance and Security Equipment Market Growth 2023-2029

Global Surveillance and Security Equipment Market Growth 2023-2029

Surveillance and security equipment is used for monitoring activities and behavior of individuals in areas such as airports, sea ports, railway stations, enterprises, educational institutions, retail stores, and banks that are susceptible to security threats. Proper surveillance in these areas helps reduce the occurrence of terrorist attacks and data theft. The footage and other information captured by the surveillance equipment are transmitted across the network and stored for future use. The installation of surveillance devices at various points reduces the need for security agents.

LPI (LP Information)' newest research report, the “Surveillance and Security Equipment Industry Forecast” looks at past sales and reviews total world Surveillance and Security Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Surveillance and Security Equipment sales for 2023 through 2029. With Surveillance and Security Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surveillance and Security Equipment industry.

This Insight Report provides a comprehensive analysis of the global Surveillance and Security Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Surveillance and Security Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Surveillance and Security Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surveillance and Security Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Surveillance and Security Equipment.

The global Surveillance and Security Equipment market size is projected to grow from US$ 55130 million in 2022 to US$ 95560 million in 2029; it is expected to grow at a CAGR of 95560 from 2023 to 2029.

The global market demand for security & surveillance equipment is rapidly increasing, owing to increasing criminal activities and a rising concern for safety and supervision. Major drivers for the growth of this market are government involvement and initiatives, integration of physical security with surveillance equipment, development of high definition and megapixels driving camera markets, evaluation of smart homes and organizations, a growing demand for advanced security & surveillance system and improvements in data storage like cloud or network storage and data storage systems. On the other hand, lack of standardization, high cost of cloud storage services, privacy concerns, limited availability of skilled professionals and high initial cost restrains the growth of this market.

This report presents a comprehensive overview, market shares, and growth opportunities of Surveillance and Security Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electronic Article Surveillance Systems
Electronic Access Control Systems
Perimeter Intrusion Prevention Systems
Surveillance Systems

Segmentation by application
Government Organizations
Retail
Transportation
BFSI
Education

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch Security Systems
Honeywell Security
ALL-TAG Security Americas
Arecont Vision
Avigilon

Key Questions Addressed in this Report

What is the 10-year outlook for the global Surveillance and Security Equipment market?

What factors are driving Surveillance and Security Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Surveillance and Security Equipment market opportunities vary by end market size?

How does Surveillance and Security Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.