Video Surveillance Market Projected to Reach $204.5 Billion By 2032 | Allied Market Research
The global video surveillance market was valued at $61.8 billion in 2022, and is projected to reach $204.5 billion by 2032, growing at a CAGR of 12.8% from 2023 to 2032.
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Video surveillance involves the use of cameras to monitor and record activities in a particular area. It's widely used for security purposes in various settings such as homes, businesses, and public spaces to deter crime and ensure safety.