The Europe Surveillance Camera Market would witness market growth of 9.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 114.4 million units, showcasing a growth of 9.3% (2019-2022).
Urbanization has played a pivotal role in the growth of the market. As the population continues to shift towards urban centres, cities have become focal points of economic activity and development. Consequently, there is an increased need for comprehensive surveillance systems to maintain public safety, protect critical infrastructure, and monitor the movement of people and goods within urban environments.
Rapid urbanization has increased infrastructure, housing, and commercial construction demand. A larger population is moving into urban areas as a result of this increase in demand. In addition, rapid urbanization necessitates the development of tall buildings, multiplexes, offices, housing units, and transportation networks to cater to the growing population and promote economic growth. Therefore, the demand for surveillance cameras has been stimulated by infrastructure development, which has become a significant factor driving construction projects.
The expansion of industries in Europe has significantly impacted the demand for surveillance cameras, transcending the realms of security into broader applications such as operational efficiency, safety, and compliance. As industries continue to evolve and expand, the role of surveillance cameras remains pivotal in ensuring the integrity and resilience of industrial sectors across the continent. Whether in manufacturing, logistics, healthcare, hospitality, or technology, surveillance cameras have become indispensable tools for sustaining the growth and vitality of European industries.
The Germany market dominated the Europe Surveillance Camera Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,374.2 million by 2030. The UK market is exhibiting a CAGR of 8.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 10.5% during (2023 - 2030).
Based on Deployment, the market is segmented into Outdoor, and Indoor. Based on Product Type, the market is segmented into IP-based (Wired, and Wi-Fi), Cellular Camera, and Analog Camera. Based on Resolution Capacity, the market is segmented into High Definition (HD), Full High Definition (FHD), and Ultra High Definition (UHD) (4K). Based on End-use, the market is segmented into Commercial Infrastructure, Industrial, Public Facilities, Military & Defense, Residential, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Surveillance Camera Market will Hit USD 72.4 Billion by 2030, at a CAGR of 10.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eye Trax, Inc, Milesight Technology Co., Ltd., Swann Communications Pty. Ltd. (Infinova Corporation), Honeywell International, Inc., Cisco Systems, Inc., Nokia Corporation, Panasonic Holdings Corporation, Robert Bosch GmbH, Teledyne FLIR LLC (Teledyne Technologies Incorporated), and Zhejiang Dahua Technology Co., Ltd.
By Deployment (Volume, Million Units, USD Billion, 2019 to 2030)
By Product Type (Volume, Million Units, USD Billion, 2019 to 2030)
By Resolution Capacity (Volume, Million Units, USD Billion, 2019 to 2030)
By End-use (Volume, Million Units, USD Billion, 2019 to 2030)
By Country (Volume, Million Units, USD Billion, 2019 to 2030)
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