target audience: TECH SUPPLIER  Publication date: Jun 2023 - Document type: Market Analysis Perspective - Doc  Document number: # US50993023

Market Analysis Perspective: Worldwide Video Surveillance and Vision Applications, 2023 — Video Surveillance Camera Market

By:  Mike Jude Loading

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Abstract


This IDC Market Analysis Perspective provides an overview of the video surveillance cameras market for 2023. Video surveillance cameras are increasingly being viewed as a valuable source of business telemetry. As a result, the videocamera market is a robust and growing one that will see positive growth through 2027. However, complicating this growth potential is the changing nature of the competitive landscape. Chinese vendors are declining in market influence. Smaller players are now experiencing increased demand as a result but are challenged to provide solutions comprehensive enough to address users' needs. As users become more sophisticated, it is likely that a more comprehensive approach to physical security will ultimately result in a more stable market that can accommodate larger camera manufacturers as well as niche solutions.



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