Video surveillance market size to increase by USD 28,796.25 million; APAC to account for 47% of market growth - Technavio
NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The Video Surveillance Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 28,796.25 million between 2022 and 2027 at a CAGR of 9.33%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report
By region, the global video surveillance market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. APAC will account for 47% of market growth during the forecast period. Factors such as the mature end-user base for video surveillance systems due to the standardization of industries and the presence of a framework for public safety are driving the growth of the video surveillance market in North America. Buy the report
The video surveillance market report includes information on the key products and recent developments of leading vendors, including:
Agent Video Intelligence Ltd. - The company offers video surveillance such as innoVi.
Costar Technologies Inc. - The company offers video surveillance such as AXIS F34 Surveillance System.
CP PLUS International - The company offers video surveillance such as CCI2D25R, and CDI12D360VIW.
Genetec Inc. - The company offers video surveillance such as E-24A, and ENR-1408.
The market is driven by factors such as the need to mitigate criminal activities and terrorist attacks, the suitability of video surveillance for smart cities, and the expanding scope of video surveillance in the commercial segment. However, the issues related to privacy is hindering the market growth.
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample
The video surveillance as a service market share is expected to increase by USD 7.45 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 17.56%. This video surveillance as a service market research report extensively covers video surveillance as a service market segmentation by end-user (commercial, industrial, and residential), solution (hosted, managed, and hybrid), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
The trade surveillance systems market share is expected to increase to USD 878.49 million from 2021 to 2026, at a CAGR of 16.7%. Furthermore, this report extensively covers trade surveillance systems market segmentation by component (solutions and services), deployment (on-premise and cloud-based), and geography (Europe, North America, APAC, Middle East and Africa, and South America).
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What are the key data covered in this video surveillance market report?
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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