Growth in the global video surveillance market has been tempered in recent years due to the impacts of the pandemic, geopolitical tensions and supply shortages. Total global revenues reached an estimated $30.4 billion in 2022, representing 4.5% growth but significantly lower than the 11.7% growth seen during the 2021 post-pandemic period, according to our research. However, confidence remains high in the video surveillance market as innovation drives new opportunities around the world. Global Dynamics in the Video Surveillance Market China holds a 34.2% share of the $30.4 billion global video surveillance market, with domestic revenues of $10.4 billion. However, future expansion is projected to moderate to 5.3% annually through 2028 as China’s economy slows, reaching a market size of $14.2 billion by 2028. China’s GDP growth rate has slowed to just 3% in 2023 amid pandemic impacts and major real estate woes. After years of heavy investment, the video surveillance market is showing signs of […]