Turkey Video Surveillance Market Outlook 2023-2029: Rising Crime Index Influencing Adoption - Size, Share, Revenue, Analysis, Value, Growth, Forecasts [Yahoo! Finance]
Canon, Inc. American Depositary Shares (CAJ)
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Source: Yahoo! Finance
Impact: Market Forecast By Components, By Application And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering. Turkey video surveillance market size is anticipated to grow at a CAGR of 3.7% during 2023-2029F. The rising crime rate with the country registering an increase in the crime rate index from 39.7% in 2021 to 40.1% in 2023 is one of the major factors spurring the overall demand for video surveillance systems in the country. The Turkey video surveillance market grew at a considerable rate during the pre-Covid years as the government of Turkey has been placing a strong emphasis on the development of security infrastructure across the country to enhance safety and security and further, government initiatives like the Eleventh Development Plan (2019-2023) and development of smart cities across the country acted as a catalyst for the growth of video surveillance system market in the country. However, the market witnessed a decline in 2020 led by COV
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