The Business Research Company’s latest report Surveillance Technology Global Market Report 2020 covers Surveillance Technology market drivers, Surveillance Technology market trends, Surveillance Technology market segments, Surveillance Technology market growth rate, Surveillance Technology market major players, and Surveillance Technology market size. The report provides in-depth analysis of the impact of COVID-19 on the Surveillance Technology industry, along with revised market numbers due to the effects of the coronavirus.
Surveillance Technology Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global surveillance technology market is expected to decline from $87.8 billion in 2019 to $83.08 billion in 2020 at a compound annual growth rate (CAGR) of -5.38%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is then expected to recover and reach $123.08 billion in 2023 at a CAGR of 14.0%.
The report covers the Surveillance Technology market’s segments-
1) By Technology: Video Surveillance, Big Data, Police Body Cameras, Biometrics, Domestic Drones, Face Recognition Technology, RFID Chips, Stingray Tracking Devices.
2) By Storage: On Premise, Cloud.
3) By End user: BFSI, Government, Healthcare, Manufacturing, Retail, IT & Telecommunication, Media and Entertainment, Education.
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