Turkey video surveillance market size is anticipated to grow at a CAGR of 3.7% during 2023-2029F

Video surveillance cameras by components registered the highest revenue share in Turkey Video Surveillance Market – 6Wresearch

In 2022, video surveillance cameras held the major share of Turkey video surveillance market due to an increase in demand for cameras in public spaces such as roads, malls, construction sites, etc for surveillance. Video surveillance cameras will dominate Turkey video surveillance market in the coming years owing to increasing demand for video surveillance cameras in public spaces such as roads, airports, malls, construction sites, retail stores, etc. along with rapid urbanization in the county. Under the Vision 2023 plan of Turkey, the priority motive is to develop smart cities across the country which would include installation of CCTV cameras in the forecast years. 

According to 6Wresearch, the Turkey video surveillance market size is anticipated to grow at a CAGR of 3.7% during 2023-2029F. Turkey video surveillance market witnessed growth in the previous years and is expected to further grow in the future years owing to rising security concerns and speedy infrastructure development. The growing threat of terrorism, and rising security concerns arising primarily from theft, and domestic crimes are some of the key factors that propelled the growth of the 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. Increasing technology adoption in Turkey has shown a rise in cybercrimes like data breaches and cyberattacks which would impact the growth of video surveillance devices in upcoming years.

According to Abhishek Mishra, Senior Research Analyst, 6Wresearch, on account of several upcoming government projects including smart cities for instance Sakarya, Kayseri, and Gaziantep as well as projects in railways, highways etc., government and transportations sector would see growth over other verticals in the coming years. Moreover, the development of smart cities under the Vision 2023 plan would bolster the demand for video surveillance solutions in this sector in the country.

The Turkey Video Surveillance Market (2023-2029) report provides an in-depth analysis with 22 figures and 10 tables, covered in 79 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.ure market dynamics.