The surveillance and security equipment market is forecasted to grow by USD 47.83 bn during 2023-2028, accelerating at a CAGR of 11.61% during the forecast period. The report on the surveillance and security equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to mitigate criminal activities and terrorist attacks, need for surveillance and security across smart cities, and growing need for surveillance and security in commercial segment.
Technavio's surveillance and security equipment market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
10.19%
CAGR
11.61%
Incremental Value
$47.83bn
By Service
Commercial
Residential
By Product
Video camera
Alarms
Access control
By Geography
APAC
North America
Europe
Middle East and Africa
South America
This study identifies the advent of smart AI-based surveillance as one of the prime reasons driving the surveillance and security equipment market growth during the next few years. Also, strategic alliances and predictive crime monitoring will lead to sizable demand in the market.
The report on the surveillance and security equipment market covers the following areas:
Surveillance and security equipment market sizing
Surveillance and security equipment market forecast
Surveillance and security equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading surveillance and security equipment market vendors that include Aiphone Corp., Allegion Public Ltd. Co., Canon Inc., Cisco Systems Inc., Costar Video Systems, CP PLUS International, Dahua Technology Co. Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Honeywell International Inc., Johnson Controls International Plc., Motorola Solutions Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Schneider Electric SE, Sony Group Corp., Teledyne Technologies Inc., Tiandy Technologies Co. Ltd., and Zicom SaaS Pvt. Ltd.. Also, the surveillance and security equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Service
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Surveillance And Security Equipment Market 2018 - 2022
Historic Market Size - Data Table on Global Surveillance And Security Equipment Market 2018 - 2022 ($ billion)