Global Video Surveillance Market is estimated to USD 45.0 billion in 2020 and is predicted to reach USD 74.0 billion by 2025, growing at a CAGR of 10.0% during the forecast period (2020-2025)

The global video surveillance market estimated to be USD 45.0 billion in 2020 and is predicted to reach USD 74.0 billion by 2025, growing at a CAGR of 10.0% during the forecast period. The factors responsible for the growth of video surveillance across the globe are growing concerns towards public safety and security, increasing adoption of IP cameras, and growing demand for wireless and spy cameras.

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On the basis of end user, the video surveillance market is categorized into infrastructure, commercial, military & defense, residential, public facility, and industrial. The infrastructure segment is expected to experience the fastest growth in the global video surveillance market during the forecast period.

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“Asia-Pacific is expected to experience the fastest growth in the global video surveillance market during the forecast period.”

Asia-Pacific is expected to experience the fastest growth in the global video surveillance market during the forecast period. Some of the major factor driving the growth of the APAC market are heavy investments in smart city projects. and growing number of security threats and concerns in countries such as China, Japan, India, and South Korea.

Some of the major players operating in the global video surveillance market include Dahua Technology, Axis Communications, Bosch Security and Safety Systems, Hikvision, Hanwha Techwin, Panasonic i-PRO Sensing Solutions, Pelco, Qognify, Nice Systems, Huawei Technologies, and Honeywell Commercial Security.

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