Global Video Surveillance Market is Projected to Reach US$31.2 Billion by 2017

Date: 2015-12-01

Primarily supported by sub-types; Analog Video Surveillance & IP Video Surveillance the Physical Components industry market is worth US$21.4 billion by 2016, growing at a CAGR of 23.57% for the analysis period 2013-2019 respectively.

Globally, Video Surveillance in Technology market in The Americas region accounts for highest percentage approximately 39.6% (2016) of global share while Europe follows next with nearly 25.9% (2019) of the market. Asia-Pacific is the fastest growing region with a CAGR of 33.78% driving a market value of US$3.6 billion by 2019.

On a global scale, projections for Video Surveillance in end-user for Transportation sector market share indicate nearly 35.5% by 2019, leaving the rest of the market to the Financial, Retail, Education, Industrial, Government and Other sectors.

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