Vancouver, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- The Global Video Surveillance Market is presumed to attain a valuation of USD 86.53 billion by 2027, according to the latest analysis of Emergen Research. The major elements bolstering the market growth are the surging deployment of video surveillance systems in commercial infrastructure, public places, and residential and private buildings due to their increased efficiency and convenience in real-time monitoring and a reduction in associated crimes.
Installation of video surveillance systems has become mandatory in commercial infrastructure due to its enhanced convenience, thereby increasing employee productivity, reduction in capital expenditure due to one-time investment, decreased chances of theft, and the resilient coverage for employee safety and instant reaction with real-time surveillance of the surroundings.
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The global video surveillance market’s competitive landscape is highly fragmented and is expected to become intense over the projected timeline due to the emergence of numerous start-ups and large enterprises. The increasing advancements in the technologies, expanding portfolio, and the increasing number of strategic alliances such as mergers and acquisitions are anticipated to create profitable opportunities for the established and emerging players.
Key Highlights from the Report:
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For the purpose of this report, Emergen Research has segregated the Global Surveillance Market based on end-use vertical, component, customer type, technology, and region:
End-Use Vertical Outlook (Revenue: USD Billion, 2017-2027)
Component Outlook (Revenue: USD Billion, 2017-2027)
Customer Type Outlook (Revenue: USD Billion, 2017-2027)
Technology Outlook (Revenue: USD Billion, 2017-2027)
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Regional Outlook (Revenue: USD Billion, 2017-2027)
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