The Video Surveillance market is anticipated to grow at a CAGR of 6.54% over the forecast period to reach US$36.163 billion by 2030, increasing from an estimated value of US$26.339 billion in 2025.
The video surveillance market is extremely competitive, with a large number of suppliers catering to the global demand for video surveillance solutions. Video surveillance provides an upgrade over traditional monitoring methods, which involve the use of the labor force. As such, video surveillance solutions are relatively affordable and more effective than the conventional method, driving market growth. Moreover, it includes a fragmented customer base as surveillance is used in various industry verticals globally.
Video surveillance solutions monitor an individual’s activities over a prescribed area. With criminal and terrorist activities on the rise, the probability of security threats has increased significantly, owing to the demand for constant monitoring, which is experiencing positive growth on a global scale. Simultaneously, the availability of unmanned drones that can provide comprehensive surveillance solutions has been growing, pushing the video surveillance market’s growth. Moreover, their ability to reduce monitoring costs compared to traditional methods further fuels market growth. This market is being majorly driven by the persisting threat of terrorist activities and the rising incidence of physical violence, fraud, and theft globally. Rising concerns regarding these activities fuel the demand for advanced monitoring solutions, thus boosting the video surveillance market’s growth.
Governments are spending huge amounts on the adoption of video surveillance systems to ensure the safety of the public. For example, according to the data provided by the British Security Industry Authority (BSIA), nearly 5.9 million cameras are installed at sensitive locations like hospitals, schools, and public and other public places in the United Kingdom. Enterprises are also investing significant amounts into these solutions to enhance workers' productivity, streamline operations, and minimize the risk of loss of revenue via thefts or fraud in factories and production sites, which is projected to drive market expansion.
Video surveillance is highly applicable in healthcare facilities and establishments, where it ensures patients' and staff's safety from unwanted threats. By constantly checking area-wise access, video surveillance prevents intruders or unwanted breaches to restricted areas, deters vandalism, and allows remote monitoring from a smartphone or tablet, among other things.
In private hospitals, pharmacies, research facilities, and clinics, video surveillance solutions constitute one of the major devices for keeping check of individual identities and movements. To enhance their market presence, the companies operating in the market, besides overall solutions, also offer services such as wireless network design, advanced project consulting, security evaluations, and installation support & configuration, among others.
Favorable investments and schemes undertaken by countries' governments to bolster their healthcare settings, followed by efforts to minimize patient and staff altercation, among others, have contributed to the overall market growth. Hence, developed economies are investing in smart monitoring technologies, including video surveillance, and bolstering their adoption in various sectors, including healthcare, keeping compliance with regulatory standards in mind. The trend of intelligent video surveillance solutions is emerging due to the increased efficacy and long-term cost-effectiveness. 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 is estimated to hold a significant share due to the early adoption of new technologies. Rising criminal activities have increased video surveillance across public places in different North American countries. The public and private sectors have seen a high demand for CCTV and other surveillance tools. 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 smart city infrastructure.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Report Metric | Details |
| Video Surveillance Market Size in 2025 | US$26.339 billion |
| Video Surveillance Market Size in 2030 | US$36.163 billion |
| Growth Rate | CAGR of 6.54% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Video Surveillance Market | |
| Customization Scope | Free report customization with purchase |
Segmentation: