Posted by Global Video Surveillance Systems Market Overview 2023-2028
Video surveillance systems, also known as closed-circuit television (CCTV) systems, are sophisticated security technologies designed to observe and record activities in a specific area. They use video cameras strategically placed in various locations to capture real-time footage of people, objects, or events. They are connected to a centralized monitoring station or a network video recorder (NVR) that stores the video data for later review and analysis. They serve as powerful tools for enhancing security and safety in various environments, including public spaces, businesses, educational institutions, and residential properties.
The global video surveillance systems market size reached US$ 57.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 135.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.8% during 2023-2028.
Global Video Surveillance Systems Market Trends and Drivers:
The increasing adoption of video surveillance systems to provide monitoring and surveillance of public spaces, workplaces, and critical infrastructure, which ensures the safety of individuals and assets, represents one of the primary factors bolstering the market growth around the world. Moreover, the integration of the internet of things (IoT), artificial intelligence (AI), and analytics to detect anomalies, track patterns, and predict potential incidents is favoring the growth of the market. In addition, the growing number of transportation hubs, including airports, train stations, and bus terminals, is influencing the market positively. Apart from this, the increasing usage of video surveillance systems in healthcare settings to monitor patient care areas and ensure the safety of staff and patients is supporting the market growth.
Global Video Surveillance Systems Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Axis Communications AB (Canon Inc.), Bosch Sicherheitssysteme GmbH (Robert Bosch GmbH), Eagle Eye Networks Inc., Hangzhou Hikvision Digital Technology Company Limited, Honeywell International Inc., Infinova Corporation, Panasonic Corporation, Qognify Inc., Samsung Electronics Co. Ltd., Schneider Electric SE, Sony Group Corporation and Zhejiang Dahua Technology Co. Ltd.
The report segmented the market on the basis of region, system type, component, application, enterprise size and customer type.
Breakup by System Type:
- Analog Surveillance
- IP Surveillance
- Hybrid Surveillance
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Application:
- Commercial
- Military and Defense
- Infrastructure
- Residential
- Others
Breakup by Enterprise Size:
- Small Scale Enterprise
- Medium Scale Enterprise
- Large Scale Enterprise
Breakup by Customer Type:
- B2B
- B2C
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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