According to MRFR analysis, the global Video Surveillance market is expected to register a CAGR of 18.3% from 2020 to 2030 and hold a value of over USD 10.88 billion by 2030. 

Video surveillance is the use of cameras and other technology to monitor and record activity in a given area. It is commonly used in a wide range of settings, including homes, businesses, and public spaces, for security and surveillance purposes. In terms of the COVID-19 pandemic, video surveillance has been used to help enforce social distancing and other safety measures. Video cameras have been used to monitor public spaces and ensure that individuals are maintaining a safe distance from one another and wearing masks. Video surveillance has also been used to help enforce lockdowns and travel restrictions, by tracking the movement of individuals and vehicles. Additionally, in some cases, video surveillance has been used to monitor compliance with quarantine and isolation rules for individuals who have been exposed to or infected with the virus. 

Key Players

Some of the key market players are Wuxi Jiajian Medical Instruments Co. Ltd., Zepter International, Acumedic Limited, 3B Scientific GmbH, Asia-Med Gmbh, Schwa-medico, Qingdao Great Fortune Co. Ltd, SIRIN Corporation, MKW Laser System.

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Market Segmentation

The Global Video Surveillance market has been segmented into components, applications, and hardware.

Based on the component, the market has been segmented into Hardware, Software, and Services.

Based on the hardware, the market has been segmented into cameras, Storage Systems.

Based on the application, the market has been segmented into Residential, Commercial, Defense, and Infrastructure.

Regional Analysis

The Asia Pacific region is projected to grow at the fastest rate in the global video surveillance market during the forecast period. The main reasons for this rapid growth are the advanced network infrastructure and the widespread adoption of cloud services in the region. These factors are helping to drive the growth of the global market.

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