Video Surveillance Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Component (Hardware, Software, Services), By End-User Industry (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, Industrial), And By Geography - Forecasts From 2020 To 2025

Published:  Sep 2022 Report Code: KSI061610180 Pages: 131

The video surveillance market is anticipated to grow at a CAGR of 20.78% during the forecast period to reach a market size of US$116.735 billion by 2027, increasing from US$31.135 billion in 2020.

The video surveillance market is an extremely competitive market with a large number of suppliers catering to the demand for video surveillance solutions globally.

It is used for monitoring the activity of individuals over an area. The conventional method of surveillance involves using manual labour, which is relatively inefficient. As such, video surveillance solutions are a relatively affordable and more effective method of surveillance as compared to the conventional method, which is driving the growth of the market. Moreover, the customer base is fragmented as it is required across the industry verticals globally.

The rising number of criminal activities is driving the video surveillance market.

Video surveillance solutions are used for monitoring the activities of individuals over a prescribed area. Rising security threats owing to an increase in criminal activities are a major factor responsible for the continuous adoption of video surveillance solutions globally. Simultaneously, the availability of unmanned drones that can provide comprehensive surveillance solutions has been growing, therefore, pushing the growth of the video surveillance market.

Moreover, their ability to reduce the cost of monitoring as compared to traditional methods is further fueling the growth of the market. The global market for video surveillance systems is being majorly driven by the persisting threat of terrorist activities and the rising incidence of physical violence, fraud, and theft across the globe.

Rising concerns regarding these activities are fueling the demand for advanced monitoring solutions, thus boosting the growth of the video surveillance market. Huge amounts are being spent by governments on the adoption of video surveillance systems to ensure the safety of the public. For instance, according to a report by the British Security Industry Authority (BSIA), the United Kingdom has more than 5.9 million cameras installed at sensitive locations like hospitals, schools, and public and other public places. Enterprises are also investing significant amounts into these solutions to enhance the productivity of workers, streamline operations and mitigate any risk of loss of revenue or reputation due to thefts or fraud, which is augmenting the growth of this market.

Healthcare applications provide good growth opportunities.

Video surveillance is used for several applications in healthcare settings, including the safety of patients’ records and identities, ensuring safety and health standards by the staff, preventing intruders from gaining access to restricted areas, deterring vandalism, and remote monitoring from either a smartphone or a tablet, among many others. Video surveillance solutions are used in clinics, private practices, hospitals, pharmacies, and clinics.

The companies provide various services such as advanced project consulting, wireless network design, installation support, configuration, and security evaluations, among others. The major factors driving the demand for video surveillance solutions in various healthcare settings are stringent government regulations and effective monitoring by the hospital staff, among others. Developed regions make use of video surveillance solutions to comply with strict government regulations and safety concerns. Because of their increased efficacy and long-term cost-effectiveness, intelligent video surveillance solutions are becoming increasingly popular.  In addition, an increasing number of hospitals and other healthcare facilities will boost the demand for video surveillance solutions over the forecast period.

North America holds a significant share of the market.

On account of the early adoption of new technologies in the region, North America is estimated to hold a significant share in 2019. Rising criminal activities have increased the use of video surveillance across public places in different North American countries. There has been a high demand for CCTV and other surveillance tools both by the public and private sectors. The high adoption rate of smart home security solutions due to increasing cases of burglary and violence is another driver of the North American Video Surveillance market. Simultaneously, the Asia Pacific is anticipated to grow at the highest CAGR owing to the increasing government initiatives and development of the smart cities infrastructure.

Recent development and expansions

  • Global plans for the development of access control and video surveillance systems in India were introduced by TRASSIR in August 2022. This project will assist in monitoring and setting off alarms for violations of land plots that were previously guarded physically. The ultimate objective is to create an independent sales, logistics, and service system in the area. 
  • Quantum Corporation and Unified Surveillance Platform partnered in March 2022. on introducing a new line of Smart Network Video Recording Servers NVRs) in addition to this software platform. The Smart NVRs are a next-generation, integrated appliance for capturing and recording surveillance video. They combine the Quantum Unified Surveillance Platform software with a purpose-built NVR server.
  • IIT-Bombay creates an AI platform for real-time video surveillance in June 2021. IIT-Bombay has developed a highly effective and user-friendly surveillance system as a result of the work of their scientists. They anticipate that a variety of commercial users will gain from this system as well.

COVID-19 impact

The market for video surveillance was impacted by the COVID-19 pandemic. This crisis had an impact on numerous end-use verticals that use video surveillance systems. Video surveillance equipment supply chain disruptions have also been observed by buyers and sellers on both the supply and demand sides. However, the market has since bounced back from 2021, and it is anticipated that this trend will continue throughout the forecast period.

Video Surveillance Market Scope:

Report Metric Details
 Market size value in 2019  US$33.928 billion
 Market size value in 2025  US$82.137 billion
 Growth Rate  CAGR of 15.88% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, End-User Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Bosch Security Systems, Honeywell International, Inc., Axis Communication AB,   Geovision Inc., Pelco, Canon Inc., Johnson Controls, Infinova Corporation, Motorola   Solutions, Inc., Cisco Systems
 Customization scope  Free report customization with purchase.


Market Segmentation:

  • By Component
    • Hardware
      • Camera
      • Monitor
      • Recorder
      • Audio System
    • Software
    • Services
  • By End-User Industry
    • Commercial
      • Enterprise and Data Centers
      • Banking and Financial Buildings
      • Hospitality Centers
      • Retail Stores and Malls
      • Warehouse
    • Infrastructure
      • Transportation
      • City Surveillance
      • Public Places
    • Military & Defense
      • Prison and Correction Facilities
      • Border Surveillance
      • Coastal Surveillance
    • Residential
    • Public Facility
      • Healthcare Buildings
      • Education Buildings
      • Government Buildings
      • Religious Buildings
    • Industrial
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Indonesia
      • Thailand
      • Taiwan
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for the video surveillance market?
A1. Video Surveillance Market is anticipated to grow at a CAGR of 15.88% during the forecast period.

Q2. What factors are anticipated to drive the video surveillance market?
A2. Rising security threats owing to an increase in criminal activities are a major factor responsible for the continuous adoption of video surveillance solutions globally.

Q3. What will be the video surveillance market size by 2025?
A3. The video surveillance market is anticipated to reach a market size of US$82.137 billion by 2025.

Q4. Which region holds the maximum market share in the video surveillance market?
A4. North America holds a significant share in the video surveillance market.

Q5. What is the size of the video surveillance market?
A5. The video surveillance market was valued at US$33.928 billion in 2019.



1. Introduction

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation


2. Research Methodology

2.1. Research Data

2.2. Assumptions


3. Executive Summary

3.1. Research Highlights


4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.4. Industry Value Chain Analysis


5.  Video Surveillance Market Analysis, by Component

5.1.  Introduction

5.2.  Hardware

5.2.1.  Camera

5.2.2. Monitor

5.2.3. Recorder

5.2.4.  Audio System

5.3. Software

5.4. Services


6.  Video Surveillance Market Analysis, by End-User

6.1.  Introduction

6.2.  Commercial

6.2.1.  Enterprise and Data Centers

6.2.2.  Banking and Financial Buildings

6.2.3.  Hospitality Centers

6.2.4. Retail Stores and Malls

6.2.5.  Warehouse

6.3. Infrastructure

6.3.1. Transportation

6.3.2. City Surveillance

6.3.3.  Public Places

6.4. Military & Defense

6.4.1. Prison and Correction Facilities

6.4.2.  Border Surveillance

6.4.3.  Coastal Surveillance

6.5. Residential

6.6. Public Facility

6.6.1.  Healthcare Buildings

6.6.2.  Education Buildings

6.6.3.  Government Buildings

6.6.4. Religious Buildings

6.7. Industrial


7.  Video Surveillance Market Analysis, by Geography

7.1.  Introduction

7.2.  North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. UK

7.4.2. Germany

7.4.3. France

7.4.4. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. Israel

7.5.3. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. Indonesia

7.6.5. Thailand

7.6.6. Taiwan

7.6.7. South Korea

7.6.8. Others



8.1.  Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix


9. Company Profiles

9.1.  Bosch Security Systems

9.2. Honeywell International, Inc.

9.3.  Geovision Inc.

9.4. Canon Inc.

9.5. Johnson Controls

9.6. Infinova Corporation

9.7.  Motorola Solutions, Inc.

9.8. Cisco Systems

Bosch Security Systems

Honeywell International, Inc.

Geovision Inc.

Canon Inc.

Johnson Controls

Infinova Corporation

Motorola Solutions, Inc.

Cisco Systems


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