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U.S. Video Surveillance Market is projected to reach $23.60 billion by 2027

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Guarding
America:
Exploring the
Landscape of U.S.
Video Surveillance
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Introduction
A digital video surveillance system
captures images and videos, which can
be compressed, stored, or sent over
communication networks. It can be
used in any environment. Security and
surveillance are required for all
organizations.
Governments,
enterprises, financial institutions, and
healthcare organizations require a
certain level of security and monitoring
measures.
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Segmentation Analysis
The U.S. video surveillance market
size is segmented on the basis of
component,
application,
and
customer type. By component, it is
divided into solution, services, and
connectivity technology.
On the basis of application, the
market is divided into commercial,
military & defense, infrastructure,
residential, and others.
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By customer type, it is bifurcated
B2B and B2C.
Applications of Video Surveillance
In this slide, we will discuss the
various
applications
of
video
surveillance across different sectors.
From
public
spaces
and
transportation hubs to retail stores
and
residential
areas,
video
surveillance plays a crucial role in
deterring crime, ensuring safety, and
gathering evidence.
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Top Impacting Factors
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Notable factors that positively affect
the video surveillance market analysis
include rise in need for safety in highrisk areas, growth in transition from
analog to IP cameras, and integration
of IoT in surveillance cameras.
However, high investments such as
initial installments and large data
storage problems, with lack of
professional expertise in handling IP
cameras incurs extra cost for such
devices. This factor is expected to
hinder the market growth. Moreover,
emerging trends toward development
of smart cities are expected to offer
lucrative U.S. video surveillance
market opportunity in the coming
years.
Technological Advancements
In this slide, we will examine the
technological advancements in video
surveillance systems. From highdefinition cameras and facial
recognition software to advanced
analytics and cloud storage, these
innovations have revolutionized the
capabilities and effectiveness of video
surveillance.
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Market Statistics and
Competitive Analysis
The U.S. video surveillance market size
was valued at $8.29 billion in 2019, and is
projected to reach $23.60 billion by 2027,
registering a CAGR of 13.9% from 2020
to 2027.
Key Market Players- HKVISION, Ltd.,
Bosch Security System, Honeywell
Security Group, Dahua Technology, FLIR,
Panasonic,
Avigilon,
Axis
Communication, Infinova, and Pelco.
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