Video Surveillance Market by System, Offering, Vertical

List of Tables

The Video Surveillance Market was valued at USD 52.73 billion in 2023, expected to reach USD 57.01 billion in 2024, and is projected to grow at a CAGR of 8.53%, to USD 93.54 billion by 2030.

The video surveillance market encompasses a broad range of products and services, including cameras, recording devices, storage solutions, and analytics software, aimed at overseeing and securing physical environments. It is essential in enhancing safety, deterring crime, and enabling real-time monitoring in various settings such as public spaces, transportation systems, commercial areas, and residential complexes. With evolving technologies, applications now extend to intelligent data analytics, where imaging improves operational efficiency across retail, healthcare, and traffic management sectors. Significantly, the integration of AI and IoT is reshaping traditional frameworks by improving facial recognition, behavioral analysis, and predictive insights, indicative of substantial potential and dynamic growth. Key growth factors include escalating demand for multifaceted and integrated surveillance solutions amid rising security concerns globally, progressive urbanization, and stringent regulatory frameworks mandating surveillance installations. However, challenges such as privacy concerns, high capital investments, and technical interoperability issues may hinder market expansion. Moreover, the increasing sophistication of cyber threats underscores the need to secure video data transmission and storage tightly. Opportunities lie predominantly in the development of cloud-based systems, which offer flexible, scalable, and cost-effective solutions, and the use of edge computing to handle data locally at source points. Additionally, innovations such as 4K resolution imaging, advanced sensors, and the integration of blockchain for enhanced data security present meaningful prospects for industry players. Addressing these areas, businesses can drive innovation by investing in R&D for advanced applications, fostering strategic partnerships for ecosystem development, and enhancing customer education on data privacy and protection. Amidst this rapidly advancing landscape, companies must keep abreast of local privacy regulations and leverage AI and analytics to tailor solutions that not only meet security demands but also address data-driven business insights, thereby securing their positioning in a competitive, high-stakes market.

KEY MARKET STATISTICS
Base Year [2023]	USD 52.73 billion
Estimated Year [2024]	USD 57.01 billion
Forecast Year [2030]	USD 93.54 billion
CAGR (%)	8.53%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Video Surveillance Market

The Video Surveillance Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Growing need for adequate security in both public and private surroundings
- Rising demand for video surveillance as a service
Market Restraints
- Issues related to quality of video footage and data security
Market Opportunities
- Government initiatives for developing smart cities and employing city surveillance solutions
- Integration of in AI and cloud-based system to enhance security and safety measures
Market Challenges
- Limited storage systems and need for continuous maintenance

Porter's Five Forces: A Strategic Tool for Navigating the Video Surveillance Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Video Surveillance Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Video Surveillance Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Video Surveillance Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Video Surveillance Market

A detailed market share analysis in the Video Surveillance Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Video Surveillance Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Video Surveillance Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Video Surveillance Market

A strategic analysis of the Video Surveillance Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Video Surveillance Market, highlighting leading vendors and their innovative profiles. These include ADT Inc., Alibaba Group Holding Limited, Canon Inc., CP Plus, Eagle Eye Networks, ECAMSECURE, Genetec Inc., Grandstream Networks, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Hanwha Corporation, Honeywell International Inc., Huawei Investment & Holding Co., Ltd., Infinova Corporation, Johnson Controls International PLC, Motorola Solutions, Inc., NEC Corporation, Nice S.p.A., Panasonic Holding Corporation, Quantum Corporation, Robert Bosch GmbH, Siemens AG, Solink Corporation, Sony Group Corporation, Verint Systems Inc., Zhejiang Dahua Technology Co., Ltd., and Zhejiang Uniview Technologies Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Video Surveillance Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on System, market is studied across Analog Video Surveillance System, Hybrid Video Surveillance System, and IP Video Surveillance System.
Based on Offering, market is studied across Hardware, Services, and Software. The Hardware is further studied across Accessories, Camera, and Storage Device. The Camera is further studied across Wired Cameras and Wireless Cameras. The Storage Device is further studied across Digital Video Recorders, Direct-Attached Storage Devices, Hybrid Video Recorders, Network Video Recorders, and Network-Attached Storage Devices. The Services is further studied across Installation & Maintenance Services and Video Surveillance-As-A-Service (VSaaS). The Software is further studied across Video Analytics and Video Management Software.
Based on Vertical, market is studied across Commercial, Industrial, Infrastructure, Military & Defense, and Residential. The Commercial is further studied across Banking & Finance Buildings, Enterprises & Data Centers, Hospitality Centers, Retail Stores & Malls, and Warehouses. The Infrastructure is further studied across City Surveillance, Public Places, Transportation, and Utilities. The Military & Defense is further studied across Border Surveillance, Coastal Surveillance, Law Enforcement, and Prison & Correctional Facilities.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-4358917D64A9

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing need for adequate security in both public and private surroundings

5.1.1.2. Rising demand for video surveillance as a service

5.1.2. Restraints
- 5.1.2.1. Issues related to quality of video footage and data security

5.1.3. Opportunities
- 5.1.3.1. Government initiatives for developing smart cities and employing city surveillance solutions

5.1.3.2. Integration of in AI and cloud-based system to enhance security and safety measures

5.1.4. Challenges
- 5.1.4.1. Limited storage systems and need for continuous maintenance

5.2. Market Segmentation Analysis
- 5.2.1. Offering: Usage of storage devices in safeguarding and streamlining video surveillance data.
- 5.2.2. System: Extensive use of video surveillance systems owing to their superior video quality, scalability, and advanced functionalities
- 5.2.3. Vertical: Widening adoption of video surveillance in the commercial sector for societal safety and asset protection
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Video Surveillance Market, by System

6.1. Introduction
6.2. Analog Video Surveillance System
6.3. Hybrid Video Surveillance System
6.4. IP Video Surveillance System

7. Video Surveillance Market, by Offering

7.1. Introduction
7.2. Hardware
- 7.2.1. Accessories
- 7.2.2. Camera
  - 7.2.2.1. Wired Cameras
  - 7.2.2.2. Wireless Cameras
- 7.2.3. Storage Device
  - 7.2.3.1. Digital Video Recorders
  - 7.2.3.2. Direct-Attached Storage Devices
  - 7.2.3.3. Hybrid Video Recorders
  - 7.2.3.4. Network Video Recorders
  - 7.2.3.5. Network-Attached Storage Devices
7.3. Services
- 7.3.1. Installation & Maintenance Services
- 7.3.2. Video Surveillance-As-A-Service (VSaaS)
7.4. Software
- 7.4.1. Video Analytics
- 7.4.2. Video Management Software

8. Video Surveillance Market, by Vertical

8.1. Introduction
8.2. Commercial
- 8.2.1. Banking & Finance Buildings
- 8.2.2. Enterprises & Data Centers
- 8.2.3. Hospitality Centers
- 8.2.4. Retail Stores & Malls
- 8.2.5. Warehouses
8.3. Industrial
8.4. Infrastructure
- 8.4.1. City Surveillance
- 8.4.2. Public Places
- 8.4.3. Transportation
- 8.4.4. Utilities
8.5. Military & Defense
- 8.5.1. Border Surveillance
- 8.5.2. Coastal Surveillance
- 8.5.3. Law Enforcement
- 8.5.4. Prison & Correctional Facilities
8.6. Residential

9. Americas Video Surveillance Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Video Surveillance Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Video Surveillance Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Dahua Technology Co., Ltd innovative 2-wire video intercom system transforms residential security with plug-and-play ease
- 12.3.2. ALE International and Stone Security LLC collaborate to advance IP-based video surveillance networks
- 12.3.3. Bosch and Eagle Eye Networks forge powerful cloud VMS partnership to transform video surveillance solutions globally
- 12.3.4. Canon Inc. strategically expands in India by diversifying into booming video surveillance and medical sectors
- 12.3.5. Hanwha Vision Co., Ltd.'s AIB-800 AI Box transforms legacy surveillance with cost-effective AI integration
- 12.3.6. BearCom Group, Inc. enhances North American presence by acquiring The Surveillance Shop
- 12.3.7. Lumana.AI, Inc. transforms video surveillance with AI-powered hybrid cloud platform for diverse industries
- 12.3.8. Convergint Technologies LLC has acquired of Panavideo Inc. strengthening its video surveillance capabilities across Canada
- 12.3.9. March Networks Corporation unveils AI4 smart camera with advanced analytics
- 12.3.10. Consistent Infosystems pvt. ltd. elevates security with innovative Made-in-India surveillance cameras
- 12.3.11. Enhancing local security infrastructure through indigenous manufacturing initiatives by Johnson Controls India
12.4. Strategy Analysis & Recommendation
- 12.4.1. Hanwha Corporation
- 12.4.2. Genetec Inc.
- 12.4.3. Canon Inc.
- 12.4.4. ADT Inc.

Companies Mentioned

1. ADT Inc.
2. Alibaba Group Holding Limited
3. Canon Inc.
4. CP Plus
5. Eagle Eye Networks
6. ECAMSECURE
7. Genetec Inc.
8. Grandstream Networks, Inc.
9. Hangzhou Hikvision Digital Technology Co., Ltd.
10. Hanwha Corporation
11. Honeywell International Inc.
12. Huawei Investment & Holding Co., Ltd.
13. Infinova Corporation
14. Johnson Controls International PLC
15. Motorola Solutions, Inc.
16. NEC Corporation
17. Nice S.p.A.
18. Panasonic Holding Corporation
19. Quantum Corporation
20. Robert Bosch GmbH
21. Siemens AG
22. Solink Corporation
23. Sony Group Corporation
24. Verint Systems Inc.
25. Zhejiang Dahua Technology Co., Ltd.
26. Zhejiang Uniview Technologies Co., Ltd.