Video Surveillance Market

Market Definition

The market involves in the production, distribution, and deployment of systems that use cameras to monitor, record, and analyze activities in real time. It is widely used in public safety, commercial buildings, homes, transportation, and industrial sites to prevent crime, enhance safety, manage traffic, and support smart infrastructure with advanced analytics and remote monitoring capabilities. 

The report outlines the primary drivers of market growth, along with an in-depth analysis of emerging trends and evolving regulatory frameworks shaping industry trajectory.

Video Surveillance Market Overview

The global video surveillance market size was valued at USD 52.56 billion in 2024 and is projected to grow from USD 58.99 billion in 2025 to USD 138.69 billion by 2032, exhibiting a CAGR of 12.99% during the forecast period. 

Market growth is driven by growing adoption of cloud-based systems and a shift toward edge computing, enabling real-time processing, remote access, and scalable management. These technologies reduce infrastructure dependency and streamline surveillance operations across multiple locations.

Major companies operating in the video surveillance industry are Dahua Technology Co., Ltd, Hangzhou Hikvision Digital Technology Co., Ltd., Axis Communications AB, Bosch Sicherheitssysteme GmbH, Hanwha Vision Co., Ltd., Wyze Labs, Inc., Eagle Eye Networks, Spot AI, Inc., Rhombus Systems, VIVOTEK Inc, ASSA ABLOY, Motorola Solutions, Inc., Zhejiang Uniview Technologies Co., Ltd., Tiandy Technologies CO., LTD, and Honeywell International Inc.

Market expansion is fueled by the expansion of smart cities and government-led surveillance initiatives. As urban areas modernize, governments are deploying large-scale surveillance systems to enhance public safety, traffic control, and municipal services. The integration of CCTV networks with AI-enabled command centers enables real-time monitoring and rapid response. 

With extensive camera installation across smart cities, video surveillance has become a core component of urban infrastructure, supporting crime prevention, resource management, and data-driven governance.

• In December 2024, the Ministry of Housing & Urban Affairs announced 91% completion of the Smart Cities Mission, backed by a USD 19.6 billion investment. A key focus was video surveillance, with over 84,000 CCTV cameras deployed across 100 smart cities to strengthen public safety. Integrated Command and Control Centres utilize AI, IoT, and analytics to manage surveillance and essential urban services efficiently.

Key Highlights:

1. The video surveillance market size was recorded at USD 52.56 billion in 2024.
2. The market is projected to grow at a CAGR of 12.99% from 2025 to 2032.
3. Asia Pacific held a market share of 39.72% in 2024, with a valuation of USD 20.88 billion.
4. The hardware segment garnered USD 28.33 billion in revenue in 2024.
5. The IP surveillance systems segment is expected to reach USD 71.94 billion by 2032.
6. The commercial segment is anticipated to witness a CAGR of 13.49% during the forecast period.
7. The medium-scale enterprises segment is estimated to grow at a share of 30.02% by 2032.
8. The business-to-business (B2B) segment held a share of 36.99% in 2024.
9. North America is anticipated to grow at a CAGR of 13.03% over the forecast period.

Market Driver

Growing Adoption of Cloud-Based Surveillance Systems

The market is experiencing significant growth due to the rising adoption of cloud-based surveillance systems. Unlike traditional on-premises setups that require extensive infrastructure and offer limited scalability, cloud solutions provide real-time access, remote monitoring, and simplified data storage. 

This reduces operational costs and complexity, allowing organizations to efficiently manage multiple locations, enhance data security through centralized updates, and scale their surveillance needs without heavy hardware investment.

• In September 2024, Hanwha Vision showcased its AI-powered, cloud-connected surveillance solutions, including advanced IP cameras and the new OnCloud VSaaS platform. These offerings enable precise detection, enhanced analytics, and flexible surveillance management. Hanwha emphasizes its integrated cloud ecosystem's capability to support both on-site and remote operations, delivering robust data-driven security and business intelligence tools.

Market Challenge

Risk of Cyberattacks on Connected Surveillance Infrastructure

The risk of cyberattacks on connected surveillance infrastructure present a major challenge to the development of the video surveillance market. As systems become more networked and cloud-based, they become vulnerable to hacking, data breaches, and unauthorized access, often due to weak passwords, outdated firmware, or unsecured networks.

To address this challenge, companies are integrating end-to-end encryption, multi-factor authentication, and regular firmware updates. They are also developing surveillance solutions with built-in cybersecurity features, conducting vulnerability assessments, and offering secure cloud storage. Partnerships with cybersecurity firms and compliance with international data protection standards further help mitigate these risks.

Market Trend

Increasing Adoption of Edge Computing in Surveillance Cameras

The market is witnessing a notable shift toward edge computing, enabling real-time data processing within cameras. This trend supports faster threat detection and reduces reliance on centralized infrastructure.  Integration of AI-based object detection and motion analytics integrated at the edge improves efficiency and scalability. 

High-resolution imaging combined with on-device intelligence is reshaping security operations , offering greater flexibility and responsiveness across diverse surveillance environments.

• In March 2025, i-PRO Co. Ltd. launched the U-series, introducing edge AI across all its security cameras for the first time. Designed for entry-level installations, the series offers AI-based object detection, advanced video motion detection, audio recording, and increased optical zoom. It features high-resolution options, including 2MP, 5MP, and 4K dome, box, and bullet cameras, for enhanced clarity and precision.

Video Surveillance Market Report Snapshot

Segmentation	Details
By Component	Hardware, Software, Services
By System Type	Analog Surveillance Systems, IP Surveillance Systems, Hybrid Surveillance Systems
By Application	Commercial, Residential, Defense and Infrastructure, Defense and Infrastructure
By Enterprise Size	Small-Scale Enterprises, Medium-Scale Enterprises, Large-Scale Enterprises
By Customer Type	Business-to-Business (B2B), Business-to-Consumer (B2C)
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E., Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation

• By Component (Hardware, Software, and Services): The hardware segment earned USD 28.33 billion in 2024 due to the rising demand for high-resolution cameras, advanced sensors, and edge-based processing devices to enhance surveillance capabilities across sectors.
• By System Type (Analog Surveillance Systems, IP Surveillance Systems, and Hybrid Surveillance Systems): The IP surveillance systems held a share of 49.73% in 2024, attributed to their superior image quality, scalability, remote accessibility, and seamless integration with advanced technologies such as AI and cloud computing.
• By Application (Commercial, Residential, Defense and Infrastructure, and Defense and Infrastructure): The commercial segment is projected to reach USD 57.18 billion by 2032, propelled by increasing security concerns, regulatory compliance requirements, and widespread adoption of surveillance systems across retail, banking, hospitality, and corporate sectors.
• By Enterprise Size (Small-Scale Enterprises, Medium-Scale Enterprises, and Large-Scale Enterprises): The large-scale enterprises segment held a share of 47.85% in 2032, fostered by their higher security requirements, greater investment capacity, and adoption of advanced, integrated surveillance solutions across multiple facilities.
• By Customer Type (Business-to-Business (B2B) and Business-to-Consumer (B2C)): The business-to-business (B2B) segment accounted for a share of 68.91% in 2024, stimulated by the extensive demand for surveillance solutions from industries, government agencies, and large organizations requiring robust security infrastructure.

Video Surveillance Market Regional Analysis

Based on region, the global market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Asia Pacific video surveillance market share stood at around 39.72% in 2024, valued at USD 20.88 billion. This dominance is reinforced by extensive investments in smart city projects and infrastructure development. Increasing urbanization and rising public safety concerns drive the deployment of advanced surveillance systems across residential, commercial, and government sectors. 

Integration of AI, edge computing, and cloud technologies enhances real-time monitoring and operational efficiency. Supportive government regulations and growing awareness of security solutions further accelerate regional market growth.

• In August 2024, Bosch Building Technologies launched a local assembly line in India for its FLEXIDOME IP Starlight 5000i cameras. These AIoT-enabled cameras feature advanced analytics, low-light performance, and efficient compression. Designed for indoor and outdoor use, they incorporate cybersecurity measures such asembedded firewalls and Trusted Platform Model functionality to ensure data security and privacy.

The North America video surveillance industry is estimated to grow at a robust CAGR of 13.03% over the forecast period. This growth is fostered by stringent regulatory requirements for public safety and increased demand for advanced security solutions across government, transportation, and critical infrastructure sectors. 

Adoption of AI-powered analytics, cloud-based platforms, and integration with IoT devices enhance system efficiency and threat detection capabilities. Increased investments in upgrading legacy surveillance infrastructure and rising awareness of cybersecurity measures further are further propelling regional market expansion.

• In December 2024, Eagle Eye Networks launched advanced cabinet systems for video surveillance,  designed for remote outdoor locations lacking power or internet power or internet. These weatherproof, pre-assembled systems feature cellular connectivity, cybersecurity protections, and AI capabilities such as smart video search and license plate recognition, supporting efficient, flexible surveillance in challenging environments.

Regulatory Frameworks

• In the U.S., the market is governed by multiple authorities. The Federal Trade Commission (FTC) enforces consumer privacy standards, Department of Homeland Security (DHS) provides guidelines for critical infrastructure, and state and local governments regulate public and institutional surveillance based on jurisdiction-specific legal requirements.
• In India, the Ministry of Electronics and Information Technology (MeitY) oversees video surveillance regulation. It mandates STQC certification for all CCTV cameras, ensuring compliance regardless of their origin manufactured, imported, or sold within the domestic industry.
• In Europe, the market is regulated under the General Data Protection Regulation (GDPR), with enforcement by national Data Protection Authorities (DPAs). The European Data Protection Board (EDPB) oversees cross-border compliance, while the European Commission ensures adherence to product surveillance standards.

Competitive Landscape

Key players in the video surveillance market are actively pursuing growth through strategic mergers and acquisitions and portfolio expansion to increase market presence. Companies are launching new products with advanced features to cater to evolving customer needs. 

Strategies include investing in AI-based video analytics, cloud-enabled surveillance platforms, and integrated security systems. These approaches help address the growing demand for real-time monitoring, improve operational efficiency, and provide scalable solutions tailored to various sectors such as transportation, retail, public safety, and critical infrastructure.

• In December 2024, Triton entered into an agreement to acquire Bosch’s Security and Communications Technology (BSCT) business. BSCT specializes in video surveillance, access control, and professional communication solutions. The deal aims to strengthen Triton’s position in the security technology sector by leveraging BSCT’s global presence, advanced product offerings, and expertise in integrated security systems.

List of Key Companies in Video Surveillance Market:

• Dahua Technology Co., Ltd
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Axis Communications AB
• Bosch Sicherheitssysteme GmbH
• Hanwha Vision Co., Ltd.
• Wyze Labs, Inc.
• Eagle Eye Networks
• Spot AI, Inc.
• Rhombus Systems
• VIVOTEK Inc
• ASSA ABLOY
• Motorola Solutions, Inc.
• Zhejiang Uniview Technologies Co.,Ltd.
• Tiandy Technologies CO., LTD
• Honeywell International Inc.

Recent Developments (Partnerships/New Product Launch)

• In May 2025, Hanwha Vision launched OnCloud, a scalable, hardware-agnostic cloud-based video management software as a service (VSaaS) platform. It combines edge recording and AI analytics to streamline surveillance across multiple sites. The platform offers low-latency video access, event notifications, and easy integration with existing systems, enabling efficient management and expansion of video surveillance resources via an intuitive web and mobile interface.
• In November 2024, Yotta Data Services launched Drishticam, an AI-powered, cloud-based video surveillance and management platform built on a multi-tenant VSaaS architecture. The platform leverages advanced computer vision, machine learning, and analytics to deliver real-time threat detection, accurate risk identification, and reduced false alarms. Features such as facial recognition and biometric access control enhance security by monitoring environments and enabling prompt response to potential threats.
• In June 2024, Dahua Technology New Zealand Limited partnered with Clear Digital Limited to enhance distribution, technical support, and delivery of advanced IP surveillance solutions, including hardware and video management software, across New Zealand.
• In November 2023, Axis Communications announced new video surveillance technologies at ISC East 2023, including multidirectional panoramic cameras, high-performance bullet cameras, and stainless-steel dome cameras with deep learning capabilities. The company also introduced versatile video recorders and enhancements to its AXIS Object Analytics, reflecting its strong commitment to R&D and innovation in advanced security solutions.