Security

Future Trends in the Global Video Surveillance Market

The world market for Video Surveillance products was $19.1 billion in 2019 and accounted for 56% of the physical security products business. During the last 12 years it has been the largest and fastest growing of the three market sectors. In 2020 we estimate that demand has fallen to $18.1Bn. From 2020 it will grow at a CAGR of around 7% to 2025 when it will reach $25.3Bn. This growth will be driven by a number of factors including the pent up demand after COVID-19, AI Video analytics software, VSaaS, Integration across the three sectors and IoT. We are confident that this level of demand is within the capability of the Video Surveillance business. However we have shown in our new research report that achieving these targets is not a problem of technology or industry performance, but at its core is a geopolitical challenge. Will the USA and China settle their differences and get back […]

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