Brazil Video Surveillance Market revenues is projected to grow at a CAGR of 9.6% during 2024E-2030F

Video Surveillance Camera segment by Component held the highest revenue share in Brazil Video Surveillance Market -6Wresearch

In 2023, video surveillance cameras secured the largest volume share in Brazil’s market, fuelled by the extensive use of CCTV systems to combat crime. The diverse range of options, from basic to advanced models, has simplified installation and usage for both businesses and individuals."

According to 6Wresearch, Brazil Video Surveillance Market revenues is projected to grow at a CAGR of 9.6% during 2024E-2030F. Brazil's major infrastructure projects, including rail, highways, and metro expansions, would enhance connectivity and economic growth. This surge would heighten demand for video surveillance to monitor construction, secure transport networks, and ensure public safety, as growth in these areas would increase the need for surveillance to manage and protect these expanding assets effectively creating significant opportunities for the video surveillance market in Brazil.

Furthermore, the implementation of policies such as the Bharatmala Pariyojana and the allowance of 100% foreign direct investment (FDI) in the road and highway sector are set to catalyze further growth. The dedication of 18% of the capital expenditure under the National Infrastructure Pipeline (NIP) from FY 2019-2025 to the road and highways sector will further amplify the scale of construction activities, leading to a sustained demand for materials such as sheet piles. These sheet piles are essential for foundational support and retaining structures in various construction projects. Consequently, the India sheet pile market is expected to experience substantial growth alongside the expansion of the road and highway network.

According to Parth, Senior Research Analyst, 6Wresearch, in 2023, the government sector captured the largest share of Brazil’s video surveillance market, driven by the need to safeguard government assets, such as the City of Fortaleza, under the Secretariat of Citizen Security (SESEC), from damage and to secure vast amounts of sensitive data, including public records and policies. The banking and finance sector followed closely, as it remains a prime target for theft, fraud, and robbery. Video surveillance systems play a critical role in crime prevention and provide key evidence in the event of security breaches or suspicious activities.

Brazil Video Surveillance Market (2024-2030) report provides an in-depth analysis with 17 figures and 11 tables, covered in 74 pages. The report comprehensively covers the market by components and application. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.