TECH SUPPLIER Apr 2020 - Market Note - Doc # US46196220
Video Surveillance Market to Decline 2% or More as a Result of COVID-19
This IDC Market Note discusses the impact of the COVID-19 pandemic on the video surveillance market. As COVID-19 influences all technology markets, the video surveillance market will also experience impacts to both demand and supply. Based on numerical model analysis, IDC predicts that the most likely outcome of these impacts will be a slight reduction of global video surveillance revenue on the order of 2% or more. Although increases in revenue are possible, they are less likely.