Video Surveillance Market
                     Video 
Surveillance 
Market
: Future
of Healthcare in
an Aging World 
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A CCTV/video surveillance system is made up of a network of cameras, monitors/display 
devices, and recorders. The variety of design elements, to be explored subsequently, are 
feasible for both analog and digital cameras. Both the inside and the outside of a structure or 
piece of land can use these technologies. They can be programmed to record solely in reaction 
to movement, continuously, or only during certain periods of the day. Therefore, the global 
video surveillance market is predicted to hit $114.9 billion revenue by 2030.
China accounts for the biggest share of the APAC video surveillance market. Additionally, the 
nation is home to the biggest surveillance network and more than half of the region's 
operational security cameras. According to a source, to reduce crime and maintain social order, 
all important public locations in China are expected to be covered with video surveillance 
cameras using face recognition technology.
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market
Globally, the North America video surveillance market is predicted to grow at a significant rate 
in this decade. This is due to the continuous development of a solid infrastructure, increase in 
the number of accidents caused by road rage, and a rise in public safety concerns. The 
aforementioned elements are therefore anticipated to increase the region's demand for video 
surveillance systems in the coming years.
© P&DS Ineteplligeennce.d Alil Rnigghts  Roesnerv etdhe kind of hardware, cameras are expected to grow with a CAGR of about 11.9% 2
in the upcoming years. This is because using a deep learning model and video analytics will 
make security cameras more necessary for a variety of end-use applications. 
Additionally, it is predicted that the storage sector would have substantial expansion in the 
years to come. As end consumers increasingly use cloud-based surveillance technology, all 
industry participants are being urged to make use of resources including storage devices and 
processing power.
The usage of IP-based video surveillance systems is being driven by improved processing power 
and compression techniques. Additionally, modern surveillance systems are increasingly 
utilizing developing technologies like artificial intelligence, computer vision, and pattern 
recognition to find anomalous behavior and trends in different recordings. Additionally, as more 
sophisticated and trustworthy IP-based video surveillance systems market, old analog video 
surveillance systems are losing appeal.
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Based on software type, video management software (VMS) is expected to advance at a CAGR 
of 12.2% in the coming years. The increased reliance on technical advancements is seen in the 
movement in security and monitoring. The growing demand for CCTV cameras is a result of 
escalating security and surveillance concerns, among other factors.
Moreover, IP-powered cameras, night vision, and colored night vision are just a few of the many 
options available for CCTV security and surveillance cameras. As a result, the video surveillance 
market is growing and the need for video management software is increasing. For example, 
© P&QS Inotegllignenicfe.y Al l dRigehtsb Reusetrveedd its latest video management platform, Qognify VMS, in April 2022. It was 3
created to meet the specific physical security needs of companies from all over the world.
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