IP Video Surveillance Market forecasted to reach USD 80.94 billion with a 12.7% CAGR by 2030

According to a comprehensive research report by Market Research Future (MRFR), “IP Video Surveillance Market” information by Components, by Application and Region – Forecast to 2030” market size to reach USD 80.94 billion, growing at a compound annual growth rate of 12.7% by 2030.

IP video surveillance offers a reliable, scalable, flexible and smart video management system for top-class surveillance. IP video surveillance solutions are developed to deliver proficient, persistent, and preventive security for large enterprises around the clock. These systems are increasingly adopted in various sectors to deliver customized solutions adapting to evolving technology.

Video surveillance systems are often subjected to security risks, and circumventing security challenges faced by different industries has always been a major concern worldwide. With growing terrorism and crimes, the need for foolproof security increases in the government and private sectors.

Organizations, especially ones with expanded footprints, need infallible security to ensure the safety and security of the most valuable asset of any organization. Centralized IP-based VDO surveillance solutions are imperative to managing multi-location offices. Video management software also provides intelligent video analytics to improve productivity, mitigating complex security threats, making processes simpler, and notifying authorized users in real-time. This leads to better management and analysis of future events in enterprises.