A new report from Novaira Insights reveals that the global video surveillance hardware and software market experienced a 3.4% growth in 2023.
However, the report, “The World Market for Video Surveillance Hardware and Software”, also reveals this growth was characterised by a decline of 2.7% in the Chinese market. The rest of the world (excluding China) saw an 8.2% growth. A slower rate than the 13.2% growth achieved in 2022.
