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Video surveillance market will exhibit a CAGR of 11.5% in the forecast period of 2021 to 2028 and will reach USD 100.35 billion by 2028

09-24-2024 10:47 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd .

/ PR Agency: Data Bridge Market Research Private
Video surveillance market will exhibit a CAGR of 11.5% in the forecast period of 2021 to 2028 and will reach USD 100.35 billion by

Video surveillance market will exhibit a CAGR of 11.5% in the forecast period of 2021 to 2028 and will reach USD 100.35 billion by

"Video Surveillance Market Size And Forecast by 2031

Data Bridge Market Research analyses the video surveillance market will exhibit a CAGR of 11.5% in the forecast period of 2021 to 2028 and will reach USD 100.35 billion by 2028.. Video Surveillance Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Video Surveillance Market Segmentation Analysis

Global Video Surveillance Market, By System (Analog Video Surveillance System, IP Video Surveillance System), Offering (Hardware, Software, Service), Vertical (Infrastructure, Commercial, Military and Defense, Residential, Public Facility, Industrial) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

 Which are the top companies operating in the Video Surveillance Market?

The "Global Video Surveillance Market "study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Video Surveillance Market extension. This Video Surveillance Market report provides the information of the Top 10 Companies in Video Surveillance Market in the market their business strategy, financial situation etc.

The global video surveillance market is expected to witness significant growth between 2020 and 2028. Factors such as increasing security concerns, technological advancements, and the growing adoption of cloud-based surveillance solutions are driving the market's expansion. In 2020, the market size was already substantial, but by 2028, it is projected to experience even more rapid growth as organizations and governments invest more in robust surveillance systems to enhance security measures. The demand for video surveillance systems is also increasing across various industry verticals such as banking and finance, retail, transportation, healthcare, and industrial sectors.

**Segments**

- **By Component**: Hardware (Cameras, Storage, Monitors), Software (Video Analytics, Video Management Software), Services (Professional Services, Managed Services)
- **By Technology**: Analog, IP-based
- **By Vertical**: Commercial, Infrastructure, Military and Defense, Residential, Public Facility

The market players in the global video surveillance market are playing a crucial role in driving innovation and capturing market share through strategic partnerships, product launches, and mergers and acquisitions. These key players are continuously focusing on enhancing their product portfolios to meet the evolving needs of customers and stay competitive in the market.

**Market Players**

- Hangzhou Hikvision Digital Technology Co., Ltd.
- Bosch Security and Safety Systems
- Axis Communications AB
- Dahua Technology Co., Ltd.
- Hanwha Techwin Co., Ltd.
- Avigilon Corporation, a Motorola Solutions Company
- Pelco by Schneider Electric
- Honeywell International Inc.
- Panasonic Corporation
- Zhejiang Uniview Technologies Co., Ltd.

These market players are at the forefront of technological advancements in the video surveillance market, offering a wide range of products and services to cater to the diverse needs of end-users. By focusing on product innovation, quality, and customer service, these companies are expected to maintain their market positions and drive further growth in the global video surveillance market.

The global video surveillance market is poised for substantial growth driven by various factors such as increasing security concerns, technological advancements, and the rising adoption of cloud-based solutions. The demand for video surveillance systems is witnessing a surge across diverse industry verticals, including banking, finance, retail, transportation, healthcare, and industrial sectors. This heightened demand is attributed to the need for robust security measures in organizations and governments globally. With the market expected to experience rapid growth from 2020 to 2028, key segments such as hardware (including cameras, storage, monitors), software (video analytics, management software), and services (professional, managed) are set to play a vital role in shaping the market landscape.

The competition among market players in the global video surveillance market is intense as companies strive to drive innovation and gain market share through strategic partnerships, product launches, and mergers & acquisitions. Major players such as Hangzhou Hikvision Digital Technology Co., Ltd., Bosch Security and Safety Systems, Axis Communications AB, and Dahua Technology Co., Ltd., are leading the way in technological advancements within the market. These companies are continuously improving their product portfolios to meet evolving customer needs and maintain a competitive edge in the market.

Moreover, market players like Hanwha Techwin Co., Ltd., Avigilon Corporation (a Motorola Solutions Company), Pelco by Schneider Electric, Honeywell International Inc., Panasonic Corporation, and Zhejiang Uniview Technologies Co., Ltd., are also focusing on product innovation, quality, and customer service to drive further growth and cement their market positions. The strategic efforts of these companies in expanding their offerings and catering to the diverse requirements of end-users are crucial in sustaining their market presence amidst evolving market dynamics.

The global video surveillance market is also characterized by advancements in technology such as analog and IP-based systems, offering users a choice based on their specific needs and preferences. The market players continue to invest in research and development to enhance the capabilities of video surveillance systems, including improved resolution, analytics**Market Players:**

- Hangzhou Hikvision Digital Technology Co., Ltd.
- Zhejiang Dahua Technology Co., Ltd.
- Axis Communication AB
- Bosch Sicherheitssysteme GmbH
- Hanwha Techwin Co., Ltd.
- Avigilon Corporation
- FLIR Systems, Inc.
- Panasonic i-PRO Sensing Solutions Co., Ltd.
- Agent Video Intelligence Ltd.
- Pelco Corporation
- CP PLUS International
- Huawei Technologies Co. Ltd.
- Genetec Inc.
- NICE Ltd.
- NEC Corporation
- Qognify Inc.
- Tiandy Technologies Co. Ltd.
- Vivotek Inc.
- Zhejiang Uniview Technologies Co. Ltd.
- SAMSUNG
- COMMAX Co., Ltd

The global video surveillance market is experiencing significant growth as a result of several key drivers. Increasing security concerns globally are compelling organizations and governments to invest in robust surveillance systems to enhance security measures. Technological advancements, especially in the areas of video analytics, management software, and cloud-based solutions, are also contributing to the market's expansion. The adoption of video surveillance systems is on the rise across various industry verticals such as banking and finance, healthcare, transportation, retail, and industrial sectors, further fueling market growth.

The competition among market players is intense, with companies focusing on innovation and strategic partnerships to capture market share. Major players like Hangzhou Hikvision Digital Technology Co., Ltd., Zhejiang Dah

Explore Further Details about This Research Video Surveillance Market Report https://www.databridgemarketresearch.com/reports/global-video-surveillance-market
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Data Bridge Market Research is a market research and consulting company that educates its clients about the market and encourages growth and expansion. We offer customized reports, syndicated research, consulting services, cloud-connected intelligence, and a holistic suite of offerings including competitive intelligence, epidemiology analyses, trade analytics, country analysis, and pharma insights. We deliver objective and actionable insights, crafted to meet the unique needs of our clients. Our database features thousands of statistics and in-depth analyses on 200 plus industries and more than 5000 markets in 75 major countries globally. Additionally, DBMR has served for more than 40% of Fortune 500 firms internationally and has a more than 3000 client's network.

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