Video Surveillance Systems Market Size, Share and Growth Report 2024-2032
Joey Moore26 Dec, 2024Technology
The global video surveillance systems market is experiencing rapid growth, driven by increasing security concerns, technological advancements, and the growing adoption of video analytics. In 2023, the market reached a substantial valuation of USD 65.4 billion, reflecting the widespread use of video surveillance across various sectors. Projections indicate significant expansion, with the market size expected to reach USD 213.0 billion by 2032. This impressive growth is characterized by a compound annual growth rate (CAGR) of 13.7% during the forecast period from 2024 to 2032.
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