Turkey Video Surveillance Market Outlook (2023-2029) | Size, Share, Revenue, Analysis, Value, Growth, Forecast & COVID-19 IMPACT

Turkey Video Surveillance Market report thoroughly covers the market by components and applications. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high-growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.

Turkey Video Surveillance Market Synopsis

Turkey video surveillance market has registered a decline in demand during 2020 on account of a sudden outbreak of Covid-19 which resulted in a halt in construction and infrastructure development projects coupled with the shutting down of malls, cinema halls, government, and private offices, etc., which decreased the demand for video surveillance solutions in the country. Although, as soon as the lockdown was lifted, the market started recovering from the losses and the market is expected to grow in the future on account of the growing demand for video surveillance in various verticals.

According to 6Wresearch, Turkey video surveillance market size grew at a CAGR of 3.4% during 2022-2028. The video surveillance market in Turkey is increasing significantly over the last few years on account of speedy urbanization, along with the growing threat of terrorism, rising security concerns arising primarily from theft, and domestic crimes are some of the key factors that propelled the growth of video surveillance market in Turkey. Both government and private organizations are engaging in video surveillance to monitor the occurrence of terrorist activities, such as smuggling, shoot-outs, and bombings in high perils and sensitive locations.

Market Analysis By Applications

In 2021, the numerous projects launched by the Turkish Government ranging from the construction of smart cities under Turkey vision 2023, Canakkale 1915 bridge, etc. would establish the government and transportation sector as the biggest consumer among all other verticals in the market. In the coming years, with upcoming projects in the healthcare & hospitality sector such as Ankara Etlik integrated healthcare campus and Adana integrated health campus, they would propose growth in the deployment of video surveillance solutions in this particular sector.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 6 Years Market Numbers.
• Estimated Data Starting from 2022F to 2028F.
• Base Year: 2021
• Forecast Data until 2028F.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Turkey Video Surveillance Market Overview
• Turkey Video Surveillance Market Outlook
• Turkey Video Surveillance Market Forecast
• Historical Data and Forecast of Turkey Video Surveillance Market Revenues & Volume for the Period 2018-2028F
• Historical Data and Forecast of Turkey Video Surveillance Market Revenues & Volume, By Components, for the Period 2018-2028F
• Historical Data and Forecast of Turkey Video Surveillance Camera Market Revenues & Volume, By Camera Type, for the Period 2018-2028F
• Historical Data and Forecast of Turkey Video Surveillance Recorder Market Revenues & Volume, By Recorder Type, for the Period 2018-2028F
• Historical Data and Forecast of Turkey Video Surveillance Market Revenues, By Applications, for the Period 2018-2028F
• Market Drivers and Restraints
• Turkey Video Surveillance Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Turkey Video Surveillance Market Revenue Share/Ranking, By Companies
• COVID-19 impact on Video Surveillance Market
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Components

• Video Surveillance Cameras
• Wired Camera
• Wireless Camera
• Analog Camera
• IP/Network Camera
• Video Surveillance Recorder
• Network Video Recorder
• Digital Video Recorder
• Video Surveillance Encoder
• Video Management Software

By Applications

• Banking & Financial
• Government & Transportation
• Retail & Logistics
• Commercial Offices
• Industrial & Manufacturing
• Residential
• Hospitality & Healthcare
• Educational Institutions

Turkey Video Surveillance Market is anticipated to register substantial growth during the upcoming years on account of the need for intelligent security systems. Increasing terrorist threats, growing public and private infrastructure coupled with rising crime rates are the key drivers for the Turkey Video Surveillance Market Growth. Advantages of surveillance systems over physical security such as the ability to allow remote and continuous monitoring have resulted in the wide deployment of surveillance systems across Turkey. However, owing to the depreciating currency and halt in infrastructure development projects, Turkey video surveillance market has registered a decline in demand over the last five years.

According to 6Wresearch, Turkey Video Surveillance Market Size is projected to grow at a CAGR of 3.3% during 2019-25F. Change in government policies coupled with an increase in tourism and FDI in the country would spur Turkey video surveillance market revenues. Surveillance cameras accounted for key Turkey video surveillance market share by revenue owing to the growing acceptance of hybrid cameras which included storage devices coupled with declining prices due to the entrance of Chinese players into the market.

In 2018, the government & transportation, commercial and hospitality & healthcare verticals accounted for the highest share in terms of market revenues, however, other verticals such as retail, residential, and industrial are considered as the key growth verticals.

The Turkey video surveillance market report thoroughly covers the market by components, verticals, and regions. The Turkey video surveillance market outlook provides an unbiased and detailed analysis of the ongoing Turkey video surveillance market trends, opportunities/ high growth areas, and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Turkey Video Surveillance Market Overview
• Turkey Video Surveillance Market Outlook
• Turkey Video Surveillance Market Forecast
• Historical data of Global Video Surveillance Market for the Period 2016-2018
• Market Size & Forecast of Global Video Surveillance Market until 2025F
• Historical data of Turkey Video Surveillance Market Size for the Period 2016-2018
• Turkey Video Surveillance Market Forecast until 2025F
• Historical data of Turkey Video Surveillance Market Share, By Analog Camera for the Period 2016-2018
• Market Size & Forecast of Turkey Video Surveillance Market Share, By Analog Camera until 2025F
• Historical data of Turkey IP Video Surveillance Camera Market for the Period 2016-2018
• Market Size & Forecast of Turkey IP Video Surveillance Camera Market until 2025F
• Historical data of Turkey Video Surveillance Recorder Market for the Period 2016-2018
• Market Size & Forecast of Turkey Video Surveillance Recorder Market until 2025F
• Historical data of Turkey Video Surveillance Encoder Market for the Period 2016-2018
• Market Size & Forecast of Turkey Video Surveillance Encoder Market until 2025F
• Historical data of Turkey Video Management Software Market for the Period 2016-2018
• Market Size & Forecast of Turkey Video Management Software Market until 2025F
• Historical data of Turkey Video Surveillance Market Revenues, By Verticals for the Period 2016-2018
• Market Size & Forecast of Turkey Video Surveillance Market Revenues, By Verticals until 2025F
• Historical data of Turkey Video Surveillance Regional Market for the Period 2016-2018
• Market Size & Forecast of Turkey Video Surveillance Regional Market until 2025F
• Market Drivers and Restraints
• Turkey Video Surveillance Market Trends
• Industry Life Cycle
• Value Chain Analysis
• Porter's Five Forces Analysis
• Turkey Video Surveillance Market Share, By Players, By Video Surveillance Types
• Company Profiles
• Turkey video surveillance market Overview, By Competitive Benchmarking
• Key Strategic Recommendations

Markets Covered:

The Turkey Video Surveillance market report provides a detailed analysis of the following market segments:

• By Components

    o Surveillance Cameras
              ■ Analog
              ■ IP/Network
    o Surveillance Recorder
              ■ DVR
              ■ NVR
    o Surveillance Encoder
    o Video Management Software

By Verticals

• Banking & Financial
• Government & Transportation
• Retail & Logistics
• Commercial Offices
• Industrial & Manufacturing
• Residential
• Hospitality & Healthcare
• Educational Institutions

By Regions

• Aegen
• Black Sea
• Central Anatolia
• Eastern Anatolia
• Southeastern Anatolia
• Marmara
• Mediterranean