Video Surveillance Market by System (Analog Video Surveillance Systems, IP Video Surveillance Systems), by Offering (Hardware, Software, Video Surveillance-as-a-Service, Installation & Maintenance Services), by Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, Industrial), Geography and Forecast
Video Surveillance Market Size and Forecast
The Global Video Surveillance Market was valued at USD 41.30 Billion in 2019 and is projected to reach USD 109.62 Billion by 2027, growing at a CAGR of 12.91% from 2020 to 2027.
Global Video Surveillance Market Overview
With the growing concern for security, there is a rising demand for the video surveillance market. This system consists of IP video/network video surveillance systems that offer amazing features such as high resolution and product scalability that will help the organizations to increase their operational efficiency, which will lead to the growth of the market. In addition, rising demand for security observation products on account of criminal activities, cost reduction in availing various cloud storage solutions, and threat activities are essential factors enhancing this market.
Key Players In Global Video Surveillance Market
The Global Video Surveillance Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Hikvision (China), Dahua (China), Axis Communications (Sweden), Bosch Security Systems (Germany), FLIR (US), Avigilon (Canada), Hanwha Techwin (South Korea), Honeywell Security Group (US), Infinova (US), Pelco (US).
Global Video Surveillance Market: Segmentation Analysis
Global Video Surveillance Market is segmented based on System, Offering, Vertical, and Geography.
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