The Global Video Surveillance Market size is expected to reach $89.7 billion by 2025, rising at a market growth of 14.6% CAGR during the forecast period.
Video surveillance systems capable of capturing images and videos which can be compressed, stored, or sent over communication networks. A video surveillance system can be used in nearly every environment. Security and surveillance are required for all organizations worldwide. Governments, enterprises, financial institutions, and healthcare organizations alike are all expected and required to have a certain level of security and monitoring measures. Consequently, there has been a drastic increase in the demand for security applications like video surveillance to monitor and record borders, ports, corporate houses, transportation infrastructure, educational institutes, buildings, public places, and others, which is expected to drive the video surveillance market growth globally.
Video Surveillance Market Size
Based on End User, the market is segmented into Commercial, Military & Defense, Infrastructural, Residential and Others. The market for the commercial segment is expected to grow at the highest CAGR during the forecast period. The growth of this vertical is attributed to the increasing use of video surveillance systems in applications such as retail stores and malls, enterprise and data centers, banking and financial buildings, hospitality centers, and warehouses. Retail stores are likely to be the fastest-growing applications within the video surveillance market. Retail shops have a higher vulnerability of being more prone to security risks, such as theft, accidental loss, vandalism, product diversion, and inventory loss, compared to other business properties.
Video Surveillance Market Share
The regions included in the report are North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
KBV Cardinal Matrix
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Canon, Inc., Panasonic Corporation, Motorola Solutions Inc., Zhejiang Dahua Technology Co. Ltd., FLIR Systems, Inc., Infinova Corporation, Burgess Computer Decisions, Inc., Nice Ltd., Transom Capital Group, LLC, and Robert Bosch GmbH. Based on the Analysis presented in the Cardinal matrix, Canon, Inc., Panasonic Corporation and Robert Bosch GmbH are some of the forerunners in the Video Surveillance market.
Market Segmentation:
By System Type
By Component
By End User
By Geography
Companies Profiled
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