Video surveillance market to grow by US$32.66bn during 2021-2025

AdobeStock 283199860 1The video surveillance market is expected to grow by US$32.66bn during 2021-2025, according to Technavio

The report offers a detailed analysis of the impact of COVID-19 pandemic on the video surveillance market in optimistic, probable, and pessimistic forecast scenarios.

The video surveillance market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organisations across the globe are gradually flattening their recessionary curve by leveraging technology.

Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organisations to move forward in their journey out of the COVID-19 crisis towards the next normal.

This post-pandemic business planning research will aid clients to:

-Adjust their strategic planning to move ahead once business stability kicks in.

-Build resilience by making effective resource and investment choices for individual business units, products, and service lines.

-Conceptualise scenario-based planning to mitigate future crisis situations.

Get more insights about the global trends impacting the future of the video surveillance market, Request Free Sample at https://www.technavio.com/talk-to-us?report=IRTNTR40499

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