Video Surveillance Market

Industry Overview

The market for video surveillance is expected to reach $78.45 billion by 2030, rising at a CAGR of 10.6% during the forecast period, from $43.7 billion in 2021. The global public safety and security concerns, the rising interest in wireless and spy cameras, and the increasing use of IP cameras are the main drivers of the expansion of video surveillance.

Market Segmentation

Insight by Offering

The worldwide video surveillance market is separated, based on offering, into hardware, software, and services. Among these, throughout the forecast period, the software category is expected to develop at the quickest rate in the market. Video analytics and a video management system are included in this category.

Insight by End User

The video surveillance market is divided into infrastructure, military & defense, commercial, residential, industrial, and public facilities, based on the end user. During the forecast period, the infrastructure category is projected to witness the highest growth rate, among all end users.

Video Surveillance Market Report Coverage

Industry Dynamics

Growth Drivers

The surging use of IP cameras, the rising demand for wireless and spy cameras, and the growing public security and safety concerns are the main factors propelling the growth of the worldwide video surveillance market.

Moreover, the surging demand for VSaaS services, rising trends of artificial intelligence and deep learning for video surveillance systems, and ongoing technological advancements in Big Data, IoT, and cloud-based services are expected to provide players in the global video surveillance market with a number of lucrative opportunities over the course of the forecast period.

Challenges

Privacy violations and the need for large storage systems and increased bandwidth are likely the biggest challenges faced by manufacturers of video surveillance systems.

Opportunities

The market offers several opportunities to players, due to the following reasons:

• Ongoing technical developments in big data, the internet of things, and cloud computing

• Increasing government and stakeholder funding for the creation of smart cities and the use of solutions for city surveillance

• Surging interest in VSaaS services

Geographic Overview

Geographically, the global video surveillance market is projected to develop at the quickest rate during the forecast period in the APAC region. The APAC market is expanding as a result of significant expenditures on smart city projects and surging risks to international security, particularly in nations like Japan, China, India, and South Korea. Moreover, the regional market is expanding as a result of growing awareness of safety and security in a variety of industries, including infrastructure, business, and public spaces; and the rising need for video surveillance systems due to an increase in theft, terrorist attacks, and other crimes.

Competitive Insight

In the international market for video surveillance, Hikvision is a market leader. The business is concentrating on HP IP, which is well-liked by clients. Hikvision offers a broad variety of HD IP product lines from entry-level to professional sectors and is quickly adjusting to the worldwide market.

Moreover, the ARTPEC-7 chipset from Axis delivers improvements in the areas of analytics, security, and compression. It offers end-to-end solutions using Axis camera stations because it believes that the video surveillance market is one that is growing quickly. Axis is sustainable in three ways: environmental protection, ethical corporate practices, and social obligations.

Some of the key players operating in the global video surveillance market are Hikvision, Axis Communications, Dahua Technology, Bosch Security and Safety Systems, Hanwha Techwin, Pelco, Panasonic i-PRO Sensing Solutions, Qognify, Huawei Technologies, Nice Systems, and Honeywell Commercial Security.

Recent Development by Key Players

The next generation of AXIS M11 Box Cameras, featuring excellent image quality even in low light circumstances, was introduced in June 2022 by Axis Communications (Sweden). AXIS M1135 Mk II and AXIS M1137 Mk II, the indoor variants, provided 2 MP and 5 MP resolution, respectively. The two outdoor-ready variants, AXIS M1135-E Mk II and AXIS M1137-E Mk II were protected against water, corrosion, dust, and impacts by IP66-, IK10-, and NEMA 4X-rated casings.

Hikvision (China) introduced its new TandemVu PTZ camera line in February 2022, combining PTZ and bullet camera capabilities into a single device. TandemVu PTZ cameras may simultaneously focus on both "viewpoints," monitor wide areas, and enlarge specific security situations. 

Bosch Security & Safety Systems (Germany) announced the release of its new MIC IP Fusion 9000i 9-mm cameras in February 2022. These cameras offer the highest level of situational awareness for perimeter detection applications. Prepositions were reduced by its larger thermal field of vision, allowing it to easily provide 360° coverage.

Forecast Parameters

• Identifying variables and establishing market impact.
• Establishing market trends regionally.
• Analyzing opportunities and market penetration rates by understanding product commercialization and regional expansion.
• Analyzing demand and supply trends and changes in industry dynamics to establish future growth.
• Analyzing sustainability strategies adhered to by market participants in an attempt to determine the future course of the market.
• Analyzing historical market trends and super-imposing them on the current and future variables to determine year-on-year trends.
• Understanding adoption, development, distribution, and regulatory framework.

Data Validation

• Estimated and forecasted data was validated by industry experts.
• Apart from industry experts, data triangulation methods were used for validation.
• The bottom-up and top-down approach has been used for estimation and forecast of market data, whereas the top-down approach was used for validation.
• Demand, as well as supply side surveys, were conducted in order to understand the industry dynamics and data validation.

Research Phases

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include the CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

Source: VynZ Research

Source: VynZ Research

The Video Surveillance Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2022–2030.

Segments Covered in the Report

• By System
  • Analog video surveillance system
  • IP video surveillance system
• By Offering 
  • Hardware
  • Software
  • Services
• By End User
  • Infrastructure
  • Commercial
  • Military & Defense
  • Residential
  • Public Facility
  • Industrial

Region covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • Other Countries

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By System
                1.2.2.    By Offering
                1.2.3.    By End User
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By System    
                5.1.1.    Analog video surveillance system
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030
                5.1.2.    IP video surveillance system
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
        5.2.    By Offering    
                5.2.1.    Hardware
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    Software
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
                5.2.3.    services
                        5.2.3.1. Market Definition
                        5.2.3.2. Market Estimation and Forecast to 2030
        5.3.    By End-User
                5.3.1.    Infrastructure
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.2.    Commercial
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.3.    Military & Defense
                        5.3.3.1. Market Definition
                        5.3.3.2. Market Estimation and Forecast to 2030
                5.3.4.    Residential
                        5.3.4.1. Market Definition
                        5.3.4.2. Market Estimation and Forecast to 2030
                5.3.5.    Public Facility
                        5.3.5.1. Market Definition
                        5.3.5.2. Market Estimation and Forecast to 2030
                5.3.6.    Industrial
                        5.3.6.1. Market Definition
                        5.3.6.2. Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By System
        6.2.    By Offering
        6.3.    By End User
        6.4.    By Country
                6.4.1.    U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast
                6.4.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By System
        7.2.    By Offering
        7.3.    By End User
        7.4.    By Country
                7.4.1.    Germany Market Estimate and Forecast
                7.4.2.    France Market Estimate and Forecast
                7.4.3.    U.K. Market Estimate and Forecast
                7.4.4.    Italy Market Estimate and Forecast
                7.4.5.    Spain Market Estimate and Forecast
                7.4.6.    Russia Market Estimate and Forecast
                7.4.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By System
        8.2.    By Offering
        8.3.    By End User
        8.4.    By Country 
                8.4.1.    China Market Estimate and Forecast
                8.4.2.    Japan Market Estimate and Forecast
                8.4.3.    India Market Estimate and Forecast
                8.4.4.    South Korea Market Estimate and Forecast
                8.4.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By System
        9.2.    By Offering
        9.3.    By End User
        9.4.    By Country
                9.4.1.    Brazil Market Estimate and Forecast
                9.4.2.    Saudi Arabia Market Estimate and Forecast
                9.4.3.    South Africa Market Estimate and Forecast
                9.4.4.    U.A.E. Market Estimate and Forecast
                9.4.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Hikvision
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Axis Communications
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Dahua Technology
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Bosch Security and Safety Systems
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Hanwha Techwin
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Pelco
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Panasonic i-PRO Sensing Solutions
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Qognify
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Huawei Technologies
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.   Nice Systems
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments
        10.11.    Honeywell Commercial Security
                10.11.1. Snapshot
                10.11.2. Overview
                10.11.3. Offerings
                10.11.4. Financial Insight
                10.11.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Video Surveillance Market Size, by System, 2018-2021 (USD Billion)
Table 5 Global Video Surveillance Market Size, by System, 2022-2030 (USD Billion)
Table 6 Global Video Surveillance Market Size, by Offering, 2018-2021 (USD Billion)
Table 7 Global Video Surveillance Market Size, by Offering, 2022-2030 (USD Billion)
Table 8 Global Video Surveillance Market Size, by End User, 2018-2021 (USD Billion)
Table 9 Global Video Surveillance Market Size, by End User, 2022-2030 (USD Billion)
Table 10 Global Video Surveillance Market Size, by Region, 2018-2021 (USD Billion)
Table 11 Global Video Surveillance Market Size, by Region, 2022-2030 (USD Billion)
Table 12 North America Video Surveillance Market Size, by System, 2018-2021 (USD Billion)
Table 13 North America Video Surveillance Market Size, by System, 2022-2030 (USD Billion)
Table 14 North America Video Surveillance Market Size, by Offering, 2018-2021 (USD Billion)
Table 15 North America Video Surveillance Market Size, by Offering, 2022-2030 (USD Billion)
Table 16 North America Video Surveillance Market Size, by End User, 2018-2021 (USD Billion)
Table 17 North America Video Surveillance Market Size, by End User, 2022-2030 (USD Billion)
Table 18 North America Video Surveillance Market Size, by Country, 2018-2021 (USD Billion)
Table 19 North America Video Surveillance Market Size, by Country, 2022-2030 (USD Billion)
Table 20 Europe Video Surveillance Market Size, by System, 2018-2021 (USD Billion)
Table 21 Europe Video Surveillance Market Size, by System, 2022-2030 (USD Billion)
Table 22 Europe Video Surveillance Market Size, by Offering, 2018-2021 (USD Billion)
Table 23 Europe Video Surveillance Market Size, by Offering, 2022-2030 (USD Billion)
Table 24 Europe Video Surveillance Market Size, by End User, 2018-2021 (USD Billion)
Table 25 Europe Video Surveillance Market Size, by End User, 2022-2030 (USD Billion)
Table 26 Europe Video Surveillance Market Size, by Country, 2018-2021 (USD Billion)
Table 27 Europe Video Surveillance Market Size, by Country, 2022-2030 (USD Billion)
Table 28 Asia-Pacific Video Surveillance Market Size, by System, 2018-2021 (USD Billion)
Table 29 Asia-Pacific Video Surveillance Market Size, by System, 2022-2030 (USD Billion)
Table 30 Asia-Pacific Video Surveillance Market Size, by Offering, 2018-2021 (USD Billion)
Table 31 Asia-Pacific Video Surveillance Market Size, by Offering, 2022-2030 (USD Billion)
Table 32 Asia-Pacific Video Surveillance Market Size, by End User, 2018-2021 (USD Billion)
Table 33 Asia-Pacific Video Surveillance Market Size, by End User, 2022-2030 (USD Billion)
Table 34 Asia-Pacific Video Surveillance Market Size, by Country, 2018-2021 (USD Billion)
Table 35 Asia-Pacific Video Surveillance Market Size, by Country, 2022-2030 (USD Billion)
Table 36 RoW Video Surveillance Market Size, by System, 2018-2021 (USD Billion)
Table 37 RoW Video Surveillance Market Size, by System, 2022-2030 (USD Billion)
Table 38 RoW Video Surveillance Market Size, by Offering, 2018-2021 (USD Billion)
Table 39 RoW Video Surveillance Market Size, by Offering, 2022-2030 (USD Billion)
Table 40 RoW Video Surveillance Market Size, by End User, 2018-2021 (USD Billion)
Table 41 RoW Video Surveillance Market Size, by End User, 2022-2030 (USD Billion)
Table 42 RoW Video Surveillance Market Size, by Country, 2018-2021 (USD Billion)
Table 43 RoW Video Surveillance Market Size, by Country, 2022-2030 (USD Billion)
Table 44 Snapshot – Dahua Technology
Table 45 Snapshot – Axis Communications
Table 46 Snapshot – Bosch Security and Safety Systems
Table 47 Snapshot – Hikvision
Table 48 Snapshot – Hanwha Techwin
Table 49 Snapshot – Panasonic i-PRO Sensing Solutions
Table 50 Snapshot – Pelco
Table 51 Snapshot – Qognify
Table 52 Snapshot – Nice Systems
Table 53 Snapshot – Huawei Technologies
Table 54 Snapshot – Honeywell Commercial Security

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Video Surveillance Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Video Surveillance Market Highlight
Figure 12 Global Video Surveillance Market Size, by System, 2018-2030 (USD Billion)
Figure 13 Global Video Surveillance Market Size, by Offering, 2018-2030 (USD Billion)
Figure 14 Global Video Surveillance Market Size, by End User, 2018-2030 (USD Billion)
Figure 15 Global Video Surveillance Market Size, by Region, 2018-2030 (USD Billion)
Figure 16 North America Video Surveillance Market Highlight
Figure 17 North America Video Surveillance Market Size, by System, 2018-2030 (USD Billion)
Figure 18 North America Video Surveillance Market Size, by Offering, 2018-2030 (USD Billion)
Figure 19 North America Video Surveillance Market Size, by End User, 2018-2030 (USD Billion)
Figure 20 North America Video Surveillance Market Size, by Country, 2018-2030 (USD Billion)
Figure 21 Europe Video Surveillance Market Highlight
Figure 22 Europe Video Surveillance Market Size, by System, 2018-2030 (USD Billion)
Figure 23 Europe Video Surveillance Market Size, by Offering, 2018-2030 (USD Billion)
Figure 24 Europe Video Surveillance Market Size, by End User, 2018-2030 (USD Billion)
Figure 25 Europe Video Surveillance Market Size, by Country, 2018-2030 (USD Billion)
Figure 26 Asia-Pacific Video Surveillance Market Highlight
Figure 27 Asia-Pacific Video Surveillance Market Size, by System, 2018-2030 (USD Billion)
Figure 28 Asia-Pacific Video Surveillance Market Size, by Offering, 2018-2030 (USD Billion)
Figure 29 Asia-Pacific Video Surveillance Market Size, by End User, 2018-2030 (USD Billion)
Figure 30 Asia-Pacific Video Surveillance Market Size, by Country, 2018-2030 (USD Billion)
Figure 31 RoW Video Surveillance Market Highlight
Figure 32 RoW Video Surveillance Market Size, by System, 2018-2030 (USD Billion)
Figure 33 RoW Video Surveillance Market Size, by Offering, 2018-2030 (USD Billion)
Figure 34 RoW Video Surveillance Market Size, by End User, 2018-2030 (USD Billion)
Figure 35 RoW Video Surveillance Market Size, by Country, 2018-2030 (USD Billion)