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According to a new report, published by KBV research, The Global Surveillance Camera Market size is expected to reach $72.4 billion by 2030, rising at a market growth of 10.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 755.4 million units, experiencing a growth of 9.6% (2019-2022).
The Outdoor segment is capturing maximum revenue in the Global Surveillance Camera Market by Deployment in 2022; thereby, achieving a market value of $48.1 billion by 2030. Outdoor surveillance cameras are designed to monitor and protect the exterior of properties. They effectively secure perimeters, entry points, parking lots, and outdoor assets. The visibility of outdoor cameras strongly deters potential intruders, vandals, and trespassers. Properties with visible security are less likely to be the target of criminal activity. Outdoor cameras can withstand harsh weather conditions and are suitable for monitoring environmental factors like weather, traffic flow, and emergencies.
The Cellular Camera segment would exhibit a CAGR of 10.7% during (2023 - 2030). Cellular cameras operate over cellular networks, eliminating the need for wired connections. This is advantageous for remote or temporary surveillance locations where installing wired infrastructure is not feasible. These cameras can be rapidly deployed in areas with cellular coverage. They are ideal for temporary security needs, construction sites, or events, providing immediate surveillance capabilities. Cellular cameras remain operational during internet outages, ensuring continuous surveillance in critical situations.
The High Definition (HD) segment is registering maximum revenue in the Global Surveillance Camera Market by Resolution Capacity in 2022; thereby, achieving a market value of $35,.7 billion by 2030. HD cameras provide significantly higher resolution compared to standard-definition cameras. This increased resolution results in sharper and clearer images, making identifying details such as faces, license plates, and objects more accessible. HD cameras can support digital zoom without significant loss of image quality. This allows users to zoom in on specific areas of interest within recorded footage, aiding in investigations.
The Industrial segment is experiencing a CAGR of 10% during (2023 - 2030). Surveillance cameras are used in various industrial settings, including factories, construction sites, mines, and locations where electricity is distributed. Video surveillance can make a factory, plant, or mill's manufacturing operations safer, more effective, and more efficient. For instance, these cameras are essential for protecting mine workers, machinery, and equipment. They provide real-time video monitoring functions that enable operators to watch goings-on at the mine site.
The Asia Pacific region is generating the highest revenue in the Global Surveillance Camera Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $33.7 billion by 2030. The Europe region would witness a CAGR of 9.7% during (2023 - 2030). Additionally, The North America region is anticipated to grow at a CAGR of 9.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/surveillance-camera-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Eye Trax, Inc, Milesight Technology Co., Ltd., Swann Communications Pty. Ltd. (Infinova Corporation), Honeywell International, Inc., Cisco Systems, Inc., Nokia Corporation, Panasonic Holdings Corporation, Robert Bosch GmbH, Teledyne FLIR LLC (Teledyne Technologies Incorporated), and Zhejiang Dahua Technology Co., Ltd.
By Deployment (Volume, Million Units, USD Billion, 2019 to 2030)
By Product Type (Volume, Million Units, USD Billion, 2019 to 2030)
By Resolution Capacity (Volume, Million Units, USD Billion, 2019 to 2030)
By End-use (Volume, Million Units, USD Billion, 2019 to 2030)
By Geography (Volume, Million Units, USD Billion, 2019 to 2030)
Companies Profiled
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