Video Surveillance Market will register a CAGR of 7.69 % during 2020-2024. The market’s growth momentum will Accelerate.
need to mitigate criminal activities and terrorist attacks will be one of the major factors driving the growth of this market. Additionally, key Video Surveillance Market trends such as the advent of AI-based video surveillance will also influence market growth during the forecast period.
Video Surveillance Market Size
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During the forecast period, the Video Surveillance Market size will grow by $ 32.66 bn.
Video Surveillance Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Video Surveillance Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the issues related to privacy will also challenge the growth of the companies.
Cisco Systems Inc. | FLIR Systems Inc. | Hangzhou Hikvision Digital Technology Co. Ltd. | Honeywell International Inc. | Motorola Solutions Inc. | Panasonic Corp. | Robert Bosch GmbH | Samsung Electronics Co. Ltd. | Schneider Electric SE | Zhejiang Dahua Technology Co. Ltd..list
are some of the companies covered in Technavio’s Video Surveillance Market report for 2021-2025.
Video Surveillance Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Video Surveillance Market.
The APAC will account for the largest Video Surveillance Market share and during 2021-2025, the region will contribute to 47% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Video Surveillance Market report also analyzes the market by Hardware | Software | Services | public | commercial | residential | APAC | North America | Europe | MEA | South America | on-premise | hybrid.
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