How big is the Mexico Video Surveillance Market?

The Mexico Video Surveillance Market size is expected to reach USD 1.17 billion in 2024 and grow at a CAGR of 5.30% to reach USD 1.52 billion by 2029. Read More

What is the current Mexico Video Surveillance Market size?

In 2024, the Mexico Video Surveillance Market size is expected to reach USD 1.17 billion. Read More

Who are the key players in Mexico Video Surveillance Market?

Hangzhou Hikvision Digital Technology Co., Ltd., The Infinova Group, Axis Communications AB, Verkada Inc. and Vivotek Inc. (A Delta Group Company) are the major companies operating in the Mexico Video Surveillance Market. Read More

What years does this Mexico Video Surveillance Market cover, and what was the market size in 2023?

In 2023, the Mexico Video Surveillance Market size was estimated at USD 1.11 billion. The report covers the Mexico Video Surveillance Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Video Surveillance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Mexico Video Surveillance Market Size & Share Analysis - Industry Research Report

Mexico Video Surveillance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Mexico Video Surveillance Market Report is Segmented by Type (Hardware (Camera (Analog and IP Camera) and Storage), Software (Video Analytics and Video Management Software), Services (VSaaS)), and End-User Vertical (Commercial, Infrastructure, Institutional, Industrial, Defense, and Residential). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Mexico Video Surveillance Industry Overview

The Mexican video surveillance market is highly competitive, with several players. The players are strengthening their market position by acquiring several domestic contracts, innovations, partnerships, mergers, and acquisitions. Some of the key players in the market are Hangzhou Hikvision Digital Technology Co. Ltd, Dahua Technology Co. Ltd, The Infinova Group, Axis Communications AB, and Verkada Inc.

• May 2024: Verkada Inc. unveiled four new bullet cameras that have received validation under the Federal Information Processing Standard (FIPS). These FIPS-validated bullets are tailored for federal customers and partners, offering advanced features. These include License Plate Recognition, 4K resolution, 3x optical zoom, an impressive 50m IR range for enhanced night vision, and robust weather-resistant design. The models CB52-E-F, CB62-E-F, CB52-TE-F, and CB62-TE-F adhere to the FIPS 140-2 encryption standard endorsed by the National Institute of Standards and Technology. Notably, these FIPS Bullets also comply with the Trade Agreements Act (TAA) and the National Defense Authorization Act (NDAA).

• May 2024: In a strategic move, VIVOTEK bolstered its AI security portfolio by unveiling the 9383-Series network camera. This camera brings AI video analytics within affordable reach and excels in identifying key attributes of individuals and vehicles. The 9383-Series seamlessly pairs with either the Core+ AI Network Video Recorder (Core+ AI NVR) or the VAST Security Station (VSS) system. The Case Vault feature empowers the system to swiftly compile necessary video data, generating a comprehensive report in just a minute. This leapfrogs the previous hurdle of laborious data organization, underlining VIVOTEK's commitment to a holistic AI-driven security ecosystem.