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Video Surveillance System Market

Global Video Surveillance System Market Share, Forecast: By Product Type: Hardware, Software, Services (VSaaS); By Vertical: Commercial, Infrastructure, Institutional, Industrial, Defence, Residential; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Video Surveillance System Market Outlook

The global video surveillance system market attained a value of USD 69.14 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 9.4% to reach USD 154.69 billion by 2032.    

 

Global Video Surveillance System Mar

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Rise in Safety Concerns to Bolster the Growth of the Global Market for Video Surveillance System

As the need for public safety and criminal management grows, AI-based video surveillance is becoming increasingly popular, which is providing a healthy impetus to the market growth. The widespread use of video surveillance systems in commercial infrastructure, public spaces, and residential and private structures, owing to their enhanced efficiency and convenience in real-time monitoring, as well as a reduction in related crimes, is further contributing to the demand growth for video surveillance system. Moreover, as there is a rise in the working population, the demand for the product is being further bolstered.

Due to their convenience, video surveillance systems have become an integral part of the business infrastructure, resulting in increased staff productivity, a reduction in capital expenditure due to a one-time investment, reduced theft risks, and resilient coverage for employee safety. This is further supporting the market growth. The industry is also benefiting from the increased adoption of new technologies such as automatic number plate recognition, facial recognition, people counting, retail management, and remote asset management, as one of the most crucial aspects in the broad use of surveillance systems is the availability of low-cost cameras.

 

Video Surveillance System: Market Segmentation

A video surveillance system, often known as CCTV, is made up of cameras, displays, and recorders. The cameras can be analogue or digital, with a variety of design elements. These systems can be used in both the inside and outside of a structure or property. They can function 24 hours a day, be configured to record only when motion is detected, or be set to record at specified periods of the day.

 

Global Video Surveillance System Market by Segment

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The major product types of video surveillance system in the market are:

  • Hardware
  • Software
  • Services (VSaaS)

The hardware segment is further segmented on the basis of type into camera, analogue, IP camera, and hybrid, whereas the software segment is further categorised on the basis of type into video analytics and video management software.

The market can be broadly categorised on the basis of vertical into:

  • Commercial
  • Infrastructure
  • Institutional
  • Industrial
  • Defence
  • Residential

The EMR report looks into the regional markets of video surveillance system like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Video Surveillance System Market by Region

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Increase in the Adoption of Video Surveillance System by Major Infrastructure Segment to Aid the Market Growth

The growing adoption of video surveillance system in infrastructure segments like transportation, municipal surveillance, public spaces, and utilities is catalysing the market growth. Governments across the globe are increasing their investments into increasing public safety, which is further aiding the industry growth. Government initiatives in various nations to install video surveillance cameras in public locations such as cities, schools, colleges, religious institutions, airports, and train stations are fuelling the market expansion. In addition, government investments in smart city and public security programmes are expected to propel the market forward over the forecast period.

 

Key Industry Players in the Global Video Surveillance System Market

The report presents a detailed analysis of the following key players in the global video surveillance system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Axis Communications AB
  • Bosch Sicherheitssysteme GmbH.
  • Honeywell Security Group
  • Panasonic Corporation
  • Teledyne FLIR LLC
  • Schneider Electric SE
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Vertical
  • Region
Breakup by Product Type
  • Hardware
  • Software
  • Services (VSaaS)
Breakup by Vertical
  • Commercial
  • Infrastructure
  • Institutional
  • Industrial
  • Defence
  • Residential
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Axis Communications AB
  • Bosch Sicherheitssysteme GmbH.
  • Honeywell Security Group
  • Panasonic Corporation
  • Teledyne FLIR LLC
  • Schneider Electric SE
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Video Surveillance System Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Video Surveillance System Historical Market (2018-2023) 
    8.3    Global Video Surveillance System Market Forecast (2024-2032)
    8.4    Global Video Surveillance System Market by Product Type
        8.4.1    Hardware
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
                8.4.1.2.1    Camera
                8.4.1.2.2    Analogue
                8.4.1.2.3    IP Camera
                8.4.1.2.4    Hybrid
                8.4.1.2.5    Storage
        8.4.2    Software
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)    
                8.4.2.2.1    Video Analytics
                8.4.2.2.2    Video Management Software
        8.4.3    Services (VSaaS)
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Video Surveillance System Market by Vertical
        8.5.1    Commercial
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Infrastructure
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Institutional
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Industrial
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Defence
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Residential
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
    8.6    Global Video Surveillance System Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Video Surveillance System Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Video Surveillance System Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Video Surveillance System Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Video Surveillance System Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa  Video Surveillance System Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Axis Communications AB
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Bosch Sicherheitssysteme GmbH.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Honeywell Security Group
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Panasonic Corporation
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Teledyne FLIR LLC
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Schneider Electric SE
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications    
        17.2.7    Others
18    Key Trends and Developments in the Market

List of Key Figures and Tables

1.    Global Video Surveillance System Market: Key Industry Highlights, 2018 and 2032
2.    Global Video Surveillance System Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Video Surveillance System Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Video Surveillance System Historical Market: Breakup by Vertical (USD Billion), 2018-2023
5.    Global Video Surveillance System Market Forecast: Breakup by Vertical (USD Billion), 2024-2032
6.    Global Video Surveillance System Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Video Surveillance System Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Video Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Video Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Video Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Video Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Video Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Video Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Video Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Video Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Video Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Video Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Video Surveillance System Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 69.14 billion.

The market is projected to grow at a CAGR of 9.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 154.69 billion by 2032.

The major market drivers include the surging working population, the growing adoption of innovative technologies, and the rising availability of low-cost cameras.

The growing adoption of video surveillance systems in infrastructure segments like transportation, municipal surveillance, public spaces, and the rise in safety concerns are the key trends guiding the market growth.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major product types included in the market report are hardware, software, and services (VSaaS).

The various verticals considered in the market report are commercial, infrastructure, institutional, industrial, defence, and residential.

The major players in the market are Axis Communications AB, Bosch Sicherheitssysteme GmbH., Honeywell Security Group, Panasonic Corporation, Teledyne FLIR LLC, and Schneider Electric SE, among others.

Analyst Review

The global video surveillance system market attained a value of nearly USD 69.14 billion in 2023, driven by its growing adoption in infrastructure segments like transportation, municipal surveillance, public spaces, and rise in safety concerns. Aided by the rise in the working population and the availability of low-cost cameras, the market is expected to grow at a CAGR of 9.4% in the forecast period of 2024-2032 to attain a value of USD 154.69 billion by 2032.        

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The product types of the market are hardware, software, and services (VSaaS). The various categories on the basis of vertical are commercial, infrastructure, institutional, industrial, defence, and residential. The major regional markets for video surveillance system market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Axis Communications AB, Bosch Sicherheitssysteme GmbH., Honeywell Security Group, Panasonic Corporation, Teledyne FLIR LLC, and Schneider Electric SE, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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