Global Video Surveillance Equipment Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 6.7 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
The video surveillance equipment market has experienced significant growth in recent years, driven by technological advancements and increasing security concerns across various sectors. In 2025, the global market is projected to reach $74.6 billion, nearly tripling from $45.5 billion in 2016. This surge is attributed to the integration of advanced technologies like artificial intelligence (AI), machine learning (ML), and deep learning algorithms, which have revolutionized traditional surveillance systems, enabling more sophisticated threat detection and prevention capabilities. The convergence of physical security with cybersecurity has become a critical consideration in modern surveillance implementations, leading to the development of more robust encryption protocols, secure transmission methods, and enhanced access control mechanisms. The industry is also witnessing growing demand for integrated solutions that combine video surveillance systems with other security systems such as access control, intrusion detection, and emergency response systems, creating comprehensive security ecosystems for various applications. The hardware segment led the market in 2024, accounting for over 71% share of the global revenue. The segment's growth is primarily attributed to the robust demand for surveillance cameras, monitors, and storage devices. Surveillance cameras are pivotal in monitoring diverse environments, spanning businesses, residences, educational institutions, and public spaces. Their capabilities continue to advance, incorporating features such as night vision, motion sensing, and facial recognition. Monitors serve to observe real-time feeds from surveillance cameras, usually stationed in control rooms or dedicated monitoring areas. Moreover, storage devices are essential in archiving recorded footage captured by surveillance cameras, facilitating applications like crime investigation and suspect identification. The services segment is anticipated to grow significantly in the coming years, driven by a surge in demand for video surveillance systems, necessitating specialized skills for installation and configuration. Moreover, the rising popularity of video surveillance as a service (VSaaS) contributes to this trend, offering a more economical and scalable alternative to traditional on-premises setups. The adoption of video analytics is also on the rise, creating a demand for professional services to implement and manage these advanced features. Furthermore, the increasing requirement for security consulting and seamless system integration services drives the anticipated expansion of the services segment in the market. The IP video surveillance systems segment accounted for the largest market revenue share in 2024. This is attributed to rising demand for high-quality video surveillance solutions, cost reductions in IP cameras, and the surging trend of cloud-based video surveillance. IP video surveillance systems utilize digital technology for transmitting and receiving video signals over IP networks, offering enhanced scalability and flexibility compared to traditional analog video surveillance systems. IP cameras allow control and remote monitoring, making them well-suited for distributed and large environments. The hybrid video surveillance systems segment is anticipated to witness significant growth in the coming years. This is due to the increasing popularity of hybrid video surveillance systems, which offer the flexibility of analog systems and the advanced features of IP systems. These hybrid solutions find application across diverse environments such as residences, educational institutions, and enterprises. Moreover, their user-friendly installation and maintenance contribute to their cost-effectiveness, making them a cost-effective option for businesses seeking efficient video surveillance solutions. The commercial segment accounted for the largest market revenue share in 2024. The high share can be attributed to the growing demand for video surveillance systems across diverse commercial applications. These applications include retail environments for theft deterrence and customer behavior analysis, data centers and enterprises for safeguarding critical infrastructure, banking and finance buildings for crime prevention and fraud mitigation, and hospitality establishments and warehouses for guest safety, staff monitoring, and security enhancement. The industrial segment is likely to show notable growth over the forecast period. This growth is driven by the growing demand for security within industrial facilities to safeguard against theft, vandalism, and other criminal activities. In addition, the increasing adoption of smart manufacturing technologies is fueling the demand for video surveillance systems essential for monitoring and managing operations. The growing necessity to conform to safety regulations, particularly concerning occupational health and environmental protection, further contributes to this upsurge. Moreover, integrating technological advancements such as artificial intelligence and deep learning into video surveillance enhances its efficiency in the industrial sector. citeturn0search0
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Tyco International
Hikvision Digital Technology
United Technology
Axis Communications
Zhejiang Dahua Technology
ADT LLC dba ADT Security Services
Bosch Security Systems
Brivo Syste
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Video Surveillance Equipment Market
Residential
Retail
Enterprise
Transport
Hotel
Other
Based on Types the Market is categorized into Below types that held the largest Video Surveillance Equipment market share In 2023.
Front-End Camera
Transmission Cable
Video Monitoring Platform
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Video Surveillance Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Video Surveillance Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Video Surveillance Equipment Market, By Type
6. Global Video Surveillance Equipment Market, By Application
7. Global Video Surveillance Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Video Surveillance Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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