UK Video Surveillance Market

According to a research report "UK Video Surveillance Market by Offering (Hardware (Camera, Storage Device, Monitor), Software (Video Analytics, VMS), Service (VSaaS)), System (IP, Analog, Hybrid), Vertical and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2027", published by MarketsandMarkets, UK Video Surveillance Industry to Grow at a CAGR 4.9% from 2022 to 2027

Adoption of intelligent systems across smart city applications to provide a growth opportunity

The video surveillance market in the UK is growing rapidly, with the increasing use of wireless surveillance technology in various settings such as hospitals, schools, restaurants, and city surveillance projects. Due to its convenience and flexibility, wireless surveillance technology has become a preferred option for many video surveillance companies. The government has taken several initiatives to improve security in the country, and wireless surveillance technology has been a significant aspect of these initiatives.

City surveillance, for instance, has successfully employed wireless surveillance technology in crime detection and traffic monitoring. As a result, the government has increased its spending on security equipment, including wireless surveillance cameras. Many small and medium-sized enterprises and companies have also adopted wireless surveillance systems in and around their operating premises. Consequently, there has been a noticeable surge in wireless surveillance systems in the UK, leading to a shift from analog to IP surveillance systems. The government introduced the Protection of freedom act (PoFA), which provides protection for biometric and personal data used for CCTV and automatic number plate detection (ANPR) systems. For instance, According to CCTV.co.uk in 2022, London has more than  700,000 CCTV cameras, which equates to roughly one camera for every 13 individuals. Public bodies in London collectively own and operate more than 24,000 cameras, including those of Transport for London, the Metropolitan Police (excluding body-worn cameras), the City of London Council, and local authorities. These government initiatives and trends fuel the growth of video surveillance companies specializing in wireless surveillance technology and the video surveillance market in the UK.

The UK government has increased its spending on security equipment, including video surveillance cameras; the demand for city surveillance is also leading to the growth of the video surveillance market in the UK. Significant investment by government bodies across smart transportation in the UK is expected to boost market opportunities in the video surveillance industry. For instance, in April 2022, it announced an investment of USD 8.9 billion to overhaul and level up to major local transport schemes outside of London. Video surveillance solutions play an essential role in new development and smart transportation projects. These funding activities, government schemes, and trends will provide significant advantages to regional security vendors nationwide.

Don’t miss out on business opportunities in UK Video Surveillance Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

You may also intrested in :

Japan Video Surveillance Market
France Video Surveillance Market
Germany Video Surveillance Market
South Korea Video Surveillance Market
China Video Surveillance Market

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]