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Video Surveillance Market Is Estimated To Boost At A CAGR of 11.6% During The Forecast Period 2030

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 Video Surveillance Market Is Estimated To Boost At A CAGR of 11.6% During The Forecast Period 2030

Overview

Video Surveillance Market Size was valued at USD 45.9 billion in 2021. The Video Surveillance Market industry is projected to grow from USD 51.2 Billion in 2022 to USD 110.4 billion by 2030,exhibiting a compound annual growth rate (CAGR) of 11.6% during the forecast period (2022 - 2030). The global video surveillance market is driven by increasing demand for solutions which can be used in rapid response to incidents and can increase efficiency of those monitoring events. These factors have helped shape the video surveillance market and are expected to boost the growth. Companies in the video surveillance market could also face challenges such as availability of cheap substitutes and stringent rules. The details covered in the video surveillance market report cover all the aspects of the industry. Analysts studying the video surveillance market have also shared growth projections in the report and have suggested video surveillance market players to plan business strategies accordingly.

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Key Players:

MORPHEUS DATA, LLC is one of the major participants in the global market for cloud management platforms. (US), DivvyCloud (US), RackWare (US), Turbonomic Inc. (US), Scalr, Inc. (US), CloudBolt Software, Inc. (US), RightScale, Inc. (US), HyperGridTM (US), HP Enterprise Development LP (US), BMC Software, Inc. (US), Embotics Corporation (US), Cisco Systems Inc., (US), VMware, Inc. (Dell Technologies) (US), Citrix Systems Inc. (US).

Other providers in the industry, besides the aforementioned firms, include Dynatrace (US), Amazon Web Services (AWS), Puppet (US), Splunk Inc. (US), and others.

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Market Segmentation

The global video surveillance market has been segmented based on components, hardware, and applications. On the basis of components, the market for video surveillance is segmented based on hardware, software, services. Additionally, the market on the basis of hardware, is segmented into camera and storage systems. The global market for video surveillance is also covered based on applications segment which is further split into commercial, defense, infrastructure, and residential.

Factors like enterprises giving more priority to safety and security as well as demand for public safety and security through highly advanced technology support the video surveillance market growth. The performance of the video surveillance market has also been studied for the past and current years. Additionally, the video surveillance market report provides analysis of these segments. The video surveillance market segmental analysis provided in the report offers major details about the video surveillance market based on the data and forecasts till 2023.

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Regional Overview

 

Companies in the video surveillance market are spread across the world. The video surveillance market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American video surveillance market has many companies across the United States, Canada, and Mexico. The video surveillance market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the video surveillance market can be found in the market research report. Europe has companies in the video surveillance market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the video surveillance market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

 

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