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Video Surveillance Market by Offering (Camera, Storage Devices, Monitors, AI-Based VMS, Non AI-Based VMS, Video Content Analysis, AI-Driven Video Analytics, VSaaS), System (IP, Analog, Hybrid), Resolution, Vertical and Region - Global Forecast to 2028

August 2023 | 310 pages | ID: V2A3AA6FCE8EN
MarketsandMarkets

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The global video surveillance market is expected to be valued at USD 53.7 billion in 2023 and is projected to reach USD 83.3 billion by 2028; it is expected to grow at a CAGR of 9.2% from 2023 to 2028. The video surveillance market is witnessing significant growth propelled by advancements in camera capabilities. Modern video cameras, including 4K IP cameras, offer substantially improved resolution, enabling the capture of finer details and clearer images even upon magnification. These enhanced cameras feature variable zoom lenses for a closer field of view and some incorporate built-in video surveillances for audio streaming and recording during video recording. Manufacturers are also focusing on improving low-light performance, while innovations like internal heating for cold environments and motion sensors further expand their usability. Companies are prioritizing cybersecurity measures to enhance camera systems' integrity. These advancements, combined with maturing technology and tailored systems, empower integrators to cater to increasing demand for upgraded surveillance solutions that meet evolving security and operational needs.

“Hybrid surveillance systems segment to account for the second largest CAGR for video surveillance market”

Hybrid surveillance systems that consist of integration of analog and IP cameras, exhibit second-highest CAGR in video surveillance market due to their unique advantages. These systems offer businesses the ability to optimize existing analog infrastructure while gradually transitioning to more advanced IP technology, presenting a flexible and cost-effective solution for enhancing their surveillance capabilities. This versatility enables cost savings by using analog cameras in less critical areas, while employing high-resolution IP cameras in pivotal locations such as entrances and cash registers. The hybrid approach aligns with the diverse security needs of businesses, contributing to the robust growth of hybrid surveillance systems in the market.

“Commercial vertical to account for second highest CAGR of video surveillance market.”

The commercial vertical is holds for the second-highest CAGR within the video surveillance market due increasing security concerns across industries, such as in enterprises, retail, and banking, that drives substantial investments in advanced surveillance solutions. Integration with AI-powered analytics amplifies security efficacy, while real-time monitoring and remote accessibility align with evolving business needs. Mitigation of risks such as theft and vandalism further fuels demand, and regulatory compliance mandates reinforce the adoption of robust surveillance systems in commercial settings, collectively propelling the vertical's significant growth.

“North America to have the highest market share for video surveillance market.”

North America holds the second-largest market share in the video surveillance market is driven by several pivotal factors including robust technological infrastructure inherently facilitates the uptake of advanced surveillance solutions. Rising security concerns across sectors like government, retail, and healthcare propel the demand for comprehensive video surveillance systems. The integration of video analytics, AI, and cloud technologies augments surveillance capabilities, aligning with evolving security needs. Furthermore, North America's active participation in smart city initiatives bolsters its market prominence, while regulatory mandates for heightened security measures and compliance further fuel the adoption of advanced surveillance solutions.

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
  • By Company Type: Tier 1 – 40%, Tier 2 – 25%, and Tier 3 – 35%
  • By Designation: C-level Executives – 35%, Directors – 40%, and Others – 25%
  • By Region: North America – 35%, Europe – 20%, Asia Pacific – 30%, RoW – 15%
The key players operating in the video surveillance market are Hangzhou Hikvision Digital Technology Co., Ltd. (China), Zhejiang Dahua Technology Co., Ltd. (China), Axis Communications AB (Sweden), Bosch Security Systems, LLC (Germany), and Zhejiang Uniview Technologies Co.,Ltd. (China).

Research Coverage:

The research reports the Video Surveillance Market, By Offering (Hardware, Software, Service), System (IP Video Surveillance Systems, Analog Video Surveillance Systems, Hybrid Video Surveillance Systems), Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, Industrial), and Region (North America, Europe, Asia Pacific, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the video surveillance market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the video surveillance market. Competitive analysis of upcoming startups in the video surveillance market ecosystem is covered in this report.

Key Benefits of Buying the Report
  • Analysis of key drivers (Advancement in hardware technologies, Deployment of AI-driven video analytics algorithms, Low initial investments in VSaaS, Popularity of deep learning and computer vision technologies), restraints (Video data privacy and security concerns, Lack of standardized guidelines and protocols), opportunities (Integration of surveillance systems with IoT and other emerging technologies, Adoption of smart devices for remote monitoring, Integration of access control features into surveillance systems), and challenges (Need for high-capacity storage systems and increased bandwidth, Interoperability issues between diverse camera systems) influencing the growth of the video surveillance market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the video surveillance market
  • Market Development: Comprehensive information about lucrative markets – the report analyses the video surveillance market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the video surveillance market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Hangzhou Hikvision Digital Technology Co., Ltd. (China), Zhejiang Dahua Technology Co., Ltd. (China), Axis Communications AB (Sweden), Bosch Security Systems, LLC (Germany), and Zhejiang Uniview Technologies Co.,Ltd. (China), among others in the video surveillance market.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
  1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
FIGURE 1 VIDEO SURVEILLANCE MARKET SEGMENTATION
  1.3.1 REGIONAL SCOPE
  1.3.2 YEARS CONSIDERED
  1.3.3 CURRENCY CONSIDERED
1.4 STAKEHOLDERS
1.5 SUMMARY OF CHANGES
1.6 RECESSION IMPACT

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
FIGURE 2 VIDEO SURVEILLANCE MARKET: RESEARCH DESIGN
  2.1.1 SECONDARY DATA
    2.1.1.1 Major secondary sources
    2.1.1.2 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Interviews with experts
    2.1.2.2 Key data from primary sources
    2.1.2.3 Key industry insights
    2.1.2.4 Breakdown of primaries
  2.1.3 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 VIDEO SURVEILLANCE MARKET: RESEARCH APPROACH
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 4 VIDEO SURVEILLANCE MARKET: RESEARCH FLOW
FIGURE 5 REVENUE FROM SALES OF VIDEO SURVEILLANCE PRODUCTS
  2.2.1 BOTTOM-UP APPROACH
    2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  2.2.2 TOP-DOWN APPROACH
    2.2.2.1 Approach to arrive at market size using top-down analysis
(supply side)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 8 VIDEO SURVEILLANCE MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 9 VIDEO SURVEILLANCE MARKET: RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 VIDEO SURVEILLANCE MARKET: RISK FACTOR ANALYSIS
2.6 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON VIDEO SURVEILLANCE MARKET
TABLE 2 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON VIDEO SURVEILLANCE MARKET
2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

FIGURE 10 HARDWARE SEGMENT TO DOMINATE VIDEO SURVEILLANCE MARKET DURING FORECAST PERIOD
FIGURE 11 IP VIDEO SURVEILLANCE SYSTEMS SEGMENT TO DEPICT HIGHEST CAGR BETWEEN 2023 AND 2028
FIGURE 12 COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023
FIGURE 13 ASIA PACIFIC HELD LARGEST SHARE OF VIDEO SURVEILLANCE MARKET IN 2022

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN VIDEO SURVEILLANCE MARKET
FIGURE 14 EXPANSION OF SMART CITIES TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN VIDEO SURVEILLANCE MARKET
4.2 VIDEO SURVEILLANCE MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL
FIGURE 15 US AND COMMERCIAL SEGMENT TO HOLD LARGEST SHARES OF VIDEO SURVEILLANCE MARKET IN NORTH AMERICA IN 2023
4.3 VIDEO SURVEILLANCE MARKET IN ASIA PACIFIC, BY COUNTRY
FIGURE 16 CHINA TO ACCOUNT FOR LARGEST SHARE OF VIDEO SURVEILLANCE MARKET IN 2028
4.4 VIDEO SURVEILLANCE MARKET, BY COUNTRY
FIGURE 17 VIDEO SURVEILLANCE MARKET IN CHINA TO GROW AT HIGHEST CAGR FROM 2023 TO 2028

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 VIDEO SURVEILLANCE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  5.2.1 DRIVERS
    5.2.1.1 Advancements in hardware technologies
    5.2.1.2 Development of AI-driven video analytics algorithms
    5.2.1.3 Low initial investments in VSaaS
    5.2.1.4 Reliance on deep learning and computer vision technologies
FIGURE 19 VIDEO SURVEILLANCE MARKET: DRIVERS AND THEIR IMPACT
  5.2.2 RESTRAINTS
    5.2.2.1 Video data privacy and security concerns
    5.2.2.2 Lack of standardized guidelines and protocols
FIGURE 20 VIDEO SURVEILLANCE MARKET: RESTRAINTS AND THEIR IMPACT
  5.2.3 OPPORTUNITIES
    5.2.3.1 Integration of IoT and other emerging technologies into surveillance systems
    5.2.3.2 Adoption of smart devices for remote monitoring
    5.2.3.3 Incorporation of access control features into surveillance systems
FIGURE 21 VIDEO SURVEILLANCE MARKET: OPPORTUNITIES AND THEIR IMPACT
  5.2.4 CHALLENGES
    5.2.4.1 Need for high-capacity storage systems and increased bandwidth
    5.2.4.2 Interoperability issues associated with diverse camera systems
FIGURE 22 VIDEO SURVEILLANCE MARKET: CHALLENGES AND THEIR IMPACT
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 VIDEO SURVEILLANCE MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 24 KEY PARTICIPANTS IN VIDEO SURVEILLANCE ECOSYSTEM
TABLE 3 ROLE OF COMPANIES IN VIDEO SURVEILLANCE ECOSYSTEM
5.5 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 VIDEO SURVEILLANCE MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 25 VIDEO SURVEILLANCE MARKET: PORTER’S FIVE FORCES ANALYSIS
  5.5.1 INTENSITY OF COMPETITIVE RIVALRY
  5.5.2 THREAT OF NEW ENTRANTS
  5.5.3 BARGAINING POWER OF SUPPLIERS
  5.5.4 BARGAINING POWER OF BUYERS
  5.5.5 THREAT OF SUBSTITUTES
5.6 KEY STAKEHOLDERS AND BUYING CRITERIA
  5.6.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS
TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS (%)
  5.6.2 BUYING CRITERIA
FIGURE 27 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
TABLE 6 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 28 VIDEO SURVEILLANCE MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.8 CASE STUDY ANALYSIS
  5.8.1 HIKVISION INSTALLS PEOPLE-COUNTING CAMERAS AT SCHALKWIJK SHOPPING CENTER
  5.8.2 HIKVISION PROVIDES VIDEO SURVEILLANCE CAMERAS TO SAFEGUARD TOTALENERGIES’S SERVICE STATIONS
  5.8.3 DAHUA TECHNOLOGY OFFERS AI-BASED SURVEILLANCE SYSTEM TO MANAGE TRAFFIC CONGESTION
  5.8.4 HIKVISION DEPLOYS ADVANCED SECURITY SYSTEM FOR ACCESS CONTROL IN BATTLESHIP NORTH CAROLINA
  5.8.5 HIKVISION OFFERS SOLAR-POWERED SURVEILLANCE SYSTEM TO SECURE VEHICLES AND CONSTRUCTION EQUIPMENT IN CANADA
  5.8.6 BOSCH SECURITY SYSTEMS PROVIDES PERIMETER SECURITY SOLUTION TO PREVENT INTRUSION
5.9 TECHNOLOGY ANALYSIS
  5.9.1 KEY TECHNOLOGIES
    5.9.1.1 Deep learning
    5.9.1.2 Digital video recorder (DVR)
    5.9.1.3 Network video recorder (NVR)
    5.9.1.4 Cloud storage
    5.9.1.5 VSaaS
  5.9.2 ADJACENT TECHNOLOGY
    5.9.2.1 Vision systems
5.10 PATENT ANALYSIS
FIGURE 29 NUMBER OF PATENTS GRANTED IN VIDEO SURVEILLANCE MARKET, 2013–2022
TABLE 7 LIST OF PATENTS GRANTED IN VIDEO SURVEILLANCE MARKET, 2018–2023
5.11 TRADE ANALYSIS
TABLE 8 IMPORT DATA, BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 30 IMPORT DATA, BY COUNTRY, 2018–2022 (USD THOUSAND)
TABLE 9 EXPORT DATA, BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 31 EXPORT DATA, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.12 TARIFF ANALYSIS
TABLE 10 MFN TARIFF LEVIED ON COMPLIANT PRODUCTS EXPORTED BY US
TABLE 11 MFN TARIFF LEVIED ON COMPLIANT PRODUCTS EXPORTED BY CHINA
TABLE 12 MFN TARIFF LEVIED ON COMPLIANT PRODUCTS EXPORTED BY JAPAN
5.13 REGULATORY LANDSCAPE
  5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  5.13.2 STANDARDS
    5.13.2.1 ANSI/SIA CP-01
    5.13.2.2 Federal Law on the Protection of Personal Data held by Private Parties
    5.13.2.3 Information Technology (IT) Act, 2000
    5.13.2.4 IEC 62676
  5.13.3 GOVERNMENT REGULATIONS
    5.13.3.1 US
    5.13.3.2 Canada
    5.13.3.3 Europe
    5.13.3.4 UK
    5.13.3.5 Japan
    5.13.3.6 India
5.14 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 17 VIDEO SURVEILLANCE MARKET: LIST OF CONFERENCES AND EVENTS
5.15 PRICING ANALYSIS
  5.15.1 AVERAGE SELLING PRICE (ASP) OF VIDEO SURVEILLANCE CAMERAS, BY APPLICATION
FIGURE 32 AVERAGE SELLING PRICE OF VIDEO SURVEILLANCE CAMERAS, BY APPLICATION
  5.15.2 AVERAGE SELLING PRICE TREND, BY PRODUCT
TABLE 18 SINGLE UNIT PRICE OF VARIOUS FORMS OF ANALOG CAMERAS
TABLE 19 SINGLE UNIT PRICE OF VARIOUS FORMS OF IP CAMERAS
FIGURE 33 AVERAGE SELLING PRICE OF VIDEO SURVEILLANCE CAMERAS (2019–2028)
  5.15.3 COMPANY-WISE AVERAGE SELLING PRICE OF VIDEO SURVEILLANCE CAMERAS

6 VIDEO SURVEILLANCE MARKET, BY SYSTEM

6.1 INTRODUCTION
FIGURE 34 IP VIDEO SURVEILLANCE SYSTEMS SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
TABLE 20 VIDEO SURVEILLANCE MARKET, BY SYSTEM, 2019–2022 (USD BILLION)
TABLE 21 VIDEO SURVEILLANCE MARKET, BY SYSTEM, 2023–2028 (USD BILLION)
6.2 IP VIDEO SURVEILLANCE SYSTEMS
  6.2.1 CAPABILITY OF IP VIDEO SURVEILLANCE SYSTEMS TO OFFER ENHANCED SECURITY AND BETTER RESOLUTION TO DRIVE DEMAND
FIGURE 35 BLOCK DIAGRAM OF IP VIDEO SURVEILLANCE SYSTEMS
6.3 ANALOG VIDEO SURVEILLANCE SYSTEMS
  6.3.1 COST-EFFECTIVENESS AND FLEXIBILITY ATTRIBUTES OF ANALOG VIDEO SURVEILLANCE SYSTEMS TO BOOST ADOPTION
FIGURE 36 BLOCK DIAGRAM OF ANALOG VIDEO SURVEILLANCE SYSTEMS
6.4 HYBRID SURVEILLANCE SYSTEMS
  6.4.1 PREFERENCE FOR FLEXIBLE AND LOW-COST SYSTEMS TO ACCELERATE USE OF HYBRID VIDEO SURVEILLANCE CAMERAS

7 VIDEO SURVEILLANCE MARKET, BY OFFERING

7.1 INTRODUCTION
FIGURE 37 SOFTWARE SEGMENT TO DEPICT HIGHEST CAGR FROM 2023 TO 2028
TABLE 22 VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 23 VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
7.2 HARDWARE
TABLE 24 HARDWARE: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 25 HARDWARE: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
TABLE 26 HARDWARE: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD BILLION)
TABLE 27 HARDWARE: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD BILLION)
  7.2.1 CAMERAS
FIGURE 38 BLOCK DIAGRAM OF STATIONARY SURVEILLANCE CAMERAS
    7.2.1.1 Cameras, by component
      7.2.1.1.1 Image sensors
        7.2.1.1.1.1 CMOS
          7.2.1.1.1.1.1 Use of cost-effective and high-resolution CMOS sensors in security cameras to drive segmental growth
        7.2.1.1.1.2 CCD
          7.2.1.1.1.2.1 Adoption of CCD camera systems in low-light applications to fuel market growth
      7.2.1.1.2 Lenses
        7.2.1.1.2.1 Fixed
          7.2.1.1.2.1.1 Utilization of fixed lenses in security cameras to boost market growth
        7.2.1.1.2.2 Varifocal
          7.2.1.1.2.2.1 Employment of varifocal lenses with changeable focal lengths within specific range to accelerate segmental growth
      7.2.1.1.3 Image processing circuitry
        7.2.1.1.3.1 Use of image processing circuitry to extract application-specific information to drive market
    7.2.1.2 Cameras, by type
TABLE 28 CAMERAS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 29 CAMERAS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
TABLE 30 CAMERAS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (MILLION UNITS)
TABLE 31 CAMERAS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (MILLION UNITS)
      7.2.1.2.1 IP cameras
        7.2.1.2.1.1 Reliance on IP cameras to capture high-definition, megapixel images
FIGURE 39 KEY COMPONENTS OF DIGITAL/IP CAMERAS
FIGURE 40 BLOCK DIAGRAM OF ADVANCED IP SURVEILLANCE CAMERAS
      7.2.1.2.2 Analog cameras
        7.2.1.2.2.1 Use of analog cameras for motion detection in low-light conditions to propel market
FIGURE 41 KEY COMPONENTS OF ANALOG CAMERAS
TABLE 32 IP CAMERAS VS. ANALOG CAMERAS
    7.2.1.3 Cameras, by connectivity
TABLE 33 CAMERAS: VIDEO SURVEILLANCE MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION)
TABLE 34 CAMERAS: VIDEO SURVEILLANCE MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION)
      7.2.1.3.1 Wired cameras
        7.2.1.3.1.1 No signal interference in using wired cameras to boost demand
TABLE 35 PROS AND CONS OF WIRED SURVEILLANCE CAMERAS
      7.2.1.3.2 Wireless cameras
        7.2.1.3.2.1 Easy and flexible installation attributes of wireless cameras to drive market
TABLE 36 PROS AND CONS OF WIRELESS SURVEILLANCE CAMERAS
    7.2.1.4 Cameras, by form factor
FIGURE 42 CAMERAS, BY FORM FACTOR
TABLE 37 CAMERAS: VIDEO SURVEILLANCE MARKET, BY FORM FACTOR, 2019–2022 (USD BILLION)
TABLE 38 CAMERAS: VIDEO SURVEILLANCE MARKET, BY FORM FACTOR, 2023–2028 (USD BILLION)
      7.2.1.4.1 Dome cameras
        7.2.1.4.1.1 Rising focus on addressing security needs to fuel segmental growth
      7.2.1.4.2 PTZ cameras
        7.2.1.4.2.1 Increasing combination of varied functionalities in cameras to accelerate segmental growth
      7.2.1.4.3 Box & bullet cameras
        7.2.1.4.3.1 Box cameras
          7.2.1.4.3.1.1 Large size and high optical performance benefits of box cameras to boost demand
TABLE 39 PROS AND CONS OF BOX CAMERAS
        7.2.1.4.3.2 Bullet cameras
          7.2.1.4.3.2.1 Ability to work with fixed or varifocal lenses as per requirements to accelerate segmental growth
TABLE 40 PROS AND CONS OF BULLET CAMERAS
      7.2.1.4.4 Panoramic, fisheye & body-worn cameras
        7.2.1.4.4.1 Panoramic cameras
          7.2.1.4.4.1.1 Capability to detect blind spots and ensure maximum security to fuel segmental growth
        7.2.1.4.4.2 Fisheye cameras
          7.2.1.4.4.2.1 Ability to offer holistic security experience with wider FOV to contribute to market growth
        7.2.1.4.4.3 Body-worn cameras
          7.2.1.4.4.3.1 Use of body-worn cameras in law and enforcement applications to drive demand
    7.2.1.5 Cameras, by resolution
TABLE 41 CAMERAS: VIDEO SURVEILLANCE MARKET, BY RESOLUTION, 2019–2022 (USD BILLION)
TABLE 42 CAMERAS: VIDEO SURVEILLANCE MARKET, BY RESOLUTION, 2023–2028 (USD BILLION)
      7.2.1.5.1 0.3–1 megapixel
        7.2.1.5.1.1 Adoption of 0.3–1 MP cameras to address general surveillance needs to contribute to market growth
      7.2.1.5.2 1.1–2.9 megapixels
        7.2.1.5.2.1 Use of low-cost 1.1–2.9 MP cameras in commercial applications to drive segmental growth
      7.2.1.5.3 3–5 megapixels
        7.2.1.5.3.1 Deployment of 3–5 MP cameras to achieve superior image quality to propel market
      7.2.1.5.4 >5 megapixels
        7.2.1.5.4.1 Reliance on >5 MP surveillance cameras to enhance security and operational efficiency to accelerate market growth
    7.2.1.6 Cameras, by channel partner
TABLE 43 CAMERAS: VIDEO SURVEILLANCE MARKET, BY CHANNEL PARTNER, 2019–2022 (USD BILLION)
TABLE 44 CAMERAS: VIDEO SURVEILLANCE MARKET, BY CHANNEL PARTNER, 2023–2028 (USD BILLION)
      7.2.1.6.1 Distributors
        7.2.1.6.1.1 Reliance on distributors to address customer needs to drive market
      7.2.1.6.2 Direct to installers or system integrators
        7.2.1.6.2.1 Utilization of integrated, customer-specific security systems to accelerate market growth
      7.2.1.6.3 Direct to end users
        7.2.1.6.3.1 High focus on building strong customer relationships to boost segmental growth
  7.2.2 MONITORS
    7.2.2.1 Monitors, by screen size
TABLE 45 MONITORS: VIDEO SURVEILLANCE MARKET, BY SCREEN SIZE, 2019–2022 (USD BILLION)
TABLE 46 MONITORS: VIDEO SURVEILLANCE MARKET, BY SCREEN SIZE, 2023–2028 (USD BILLION)
      7.2.2.1.1 Up to 20 inches
        7.2.2.1.1.1 Use of cost-effective surveillance monitors in control rooms to fuel market growth
      7.2.2.1.2 More than 20 inches
        7.2.2.1.2.1 Adoption of surveillance solutions with larger displays to accelerate segmental growth
  7.2.3 STORAGE DEVICES
    7.2.3.1 Storage devices, by type
      7.2.3.1.1 Digital video recorders (DVRs)
        7.2.3.1.1.1 Deployment of DVRs as cost-effective solutions in analog cameras to accelerate market growth
      7.2.3.1.2 Network video recorders
        7.2.3.1.2.1 Use of network video recorders in surveillance tools due to ease of deployment and flexibility to fuel segmental growth
      7.2.3.1.3 Hybrid video recorders
        7.2.3.1.3.1 Adoption of hybrid video recorders to accommodate analog and IP technologies to contribute to market growth
      7.2.3.1.4 IP storage area networks
        7.2.3.1.4.1 Employment of IP storage area networks as dedicated and high-performance storage systems to drive market
      7.2.3.1.5 Direct-attached storage devices
        7.2.3.1.5.1 Utilization of direct-attached storage devices in small-scale businesses to boost segmental growth
      7.2.3.1.6 Network-attached storage devices
        7.2.3.1.6.1 Extensive use of network-attached storage devices due to low costs to support market growth
  7.2.4 ACCESSORIES
    7.2.4.1 Cables
      7.2.4.1.1 Ability of cables to establish physical connections between cameras and recording devices to boost demand
    7.2.4.2 Encoders
      7.2.4.2.1 Capability to integrate analog CCTV systems with network camera systems to contribute to segmental growth
7.3 SOFTWARE
  7.3.1 SOFTWARE MARKET, BY TYPE
FIGURE 43 VIDEO SURVEILLANCE SOFTWARE, BY TYPE
TABLE 47 SOFTWARE: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 48 SOFTWARE: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
TABLE 49 SOFTWARE: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD BILLION)
TABLE 50 SOFTWARE: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD BILLION)
    7.3.1.1 Video management software
      7.3.1.1.1 Video management software, by type
TABLE 51 VIDEO MANAGEMENT SOFTWARE: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 52 VIDEO MANAGEMENT SOFTWARE: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
        7.3.1.1.1.1 Non-AI-based video management software
          7.3.1.1.1.1.1 Adoption of non-AI-based VMS software to manage and record video feeds from cameras to drive market
        7.3.1.1.1.2 AI-based video management software
          7.3.1.1.1.2.1 Implementation of AI-based VMS software to automate and streamline threat detection to boost segmental growth
    7.3.1.2 Video analytics
      7.3.1.2.1 Video analytics, by type
TABLE 53 VIDEO ANALYTICS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 54 VIDEO ANALYTICS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
        7.3.1.2.1.1 Video content analysis
          7.3.1.2.1.1.1 Utilization of VCA solutions to enhance security and automate surveillance tasks to contribute to segmental growth
        7.3.1.2.1.2 AI-driven video analytics
          7.3.1.2.1.2.1 Application of AI-driven video analytics solutions in complex surveillance scenarios to boost market growth
      7.3.1.2.2 AI-driven video analytics, by type
TABLE 55 AI-DRIVEN VIDEO ANALYTICS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 56 AI-DRIVEN VIDEO ANALYTICS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD MILLION)
        7.3.1.2.2.1 Edge Analytics
          7.3.1.2.2.1.1 Rising popularity of edge computing and video analytics to contribute to segmental growth
        7.3.1.2.2.2 Server Analytics
          7.3.1.2.2.2.1 Increasing need for scalable analytics solutions to drive segmental growth
      7.3.1.2.3 AI-driven video analytics, by use case
        7.3.1.2.3.1 Gun detection
          7.3.1.2.3.1.1 Adoption of gun detection solutions to prevent school violence to fuel segmental growth
        7.3.1.2.3.2 Industrial temperature monitoring
          7.3.1.2.3.2.1 Use of AI-based systems to improve industrial temperature monitoring to boost demand
        7.3.1.2.3.3 Anomaly detection & behavior recognition
          7.3.1.2.3.3.1 Deployment of surveillance cameras to address security needs in retail stores, sports venues, and airports to accelerate market growth
        7.3.1.2.3.4 Facial recognition/person search
          7.3.1.2.3.4.1 Utilization of surveillance systems to enhance airport security through facial recognition to drive market
        7.3.1.2.3.5 Object detection & tracking
          7.3.1.2.3.5.1 Implementation of AI-based object detection & tracking tools to monitor security breaches to contribute to segmental growth
        7.3.1.2.3.6 Intrusion detection & perimeter protection
          7.3.1.2.3.6.1 Adoption of intrusion detection & perimeter protection to provide close-up details to support market growth
        7.3.1.2.3.7 Smoke & fire detection
          7.3.1.2.3.7.1 Use of AI-based smoke & fire detection cameras in industrial applications to augment market growth
        7.3.1.2.3.8 Traffic flow analysis & accident detection
          7.3.1.2.3.8.1 Demand for traffic management & surveillance solutions to reduce accident rates to drive market
        7.3.1.2.3.9 False alarm filtering
          7.3.1.2.3.9.1 Use of false alarm filtration solutions to reduce burden on security personnel to propel market
        7.3.1.2.3.10 Parking monitoring
          7.3.1.2.3.10.1 Deployment of parking management solutions to enhance smart city efficiency and safety to fuel market growth
        7.3.1.2.3.11 Vehicle identification & numberplate recognition
          7.3.1.2.3.11.1 Adoption of Al-powered vehicle identification & number plate recognition to improve traffic analysis to accelerate segmental growth
  7.3.2 SOFTWARE, BY DEPLOYMENT MODE
TABLE 57 SOFTWARE: VIDEO SURVEILLANCE MARKET, BY DEPLOYMENT MODE, 2019–2022 (USD BILLION)
TABLE 58 SOFTWARE: VIDEO SURVEILLANCE MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD BILLION)
    7.3.2.1 On-premises
      7.3.2.1.1 Adoption of on-premises software to support analog and IP cameras on-site to propel market
    7.3.2.2 Cloud-based
      7.3.2.2.1 Use of cloud-based surveillance software in retail and residential sectors to boost market growth
7.4 SERVICES
TABLE 59 SERVICES: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 60 SERVICES: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
TABLE 61 SERVICES: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD BILLION)
TABLE 62 SERVICES: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD BILLION)
  7.4.1 VSAAS
    7.4.1.1 VSaaS, by technology
      7.4.1.1.1 Video analytics-as-a-service
        7.4.1.1.1.1 Need for cost-effective and scalable video analytics solutions to drive market
      7.4.1.1.2 AI-powered video analytics-as-a-service
        7.4.1.1.2.1 Demand for advanced AI capabilities in video analytics to propel market
    7.4.1.2 VSaaS, by type
TABLE 63 VSAAS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2019–2022 (USD BILLION)
TABLE 64 VSAAS: VIDEO SURVEILLANCE MARKET, BY TYPE, 2023–2028 (USD BILLION)
      7.4.1.2.1 Hosted
        7.4.1.2.1.1 Availability of low-cost subscription plans to drive demand for hosted VSaaS
      7.4.1.2.2 Managed
        7.4.1.2.2.1 Reduced operational costs to create growth opportunities for providers of managed VSaaS
      7.4.1.2.3 Hybrid
        7.4.1.2.3.1 Data security, remote access, flexibility, and scalability of hybrid VSaaS to boost demand
  7.4.2 INSTALLATION & MAINTENANCE
    7.4.2.1 Reliance on video surveillance solutions to augment demand for security camera installation & maintenance services

8 VIDEO SURVEILLANCE MARKET, BY VERTICAL

8.1 INTRODUCTION
FIGURE 44 COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023
TABLE 65 VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
TABLE 66 VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
8.2 COMMERCIAL
TABLE 67 COMMERCIAL: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 68 COMMERCIAL: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
TABLE 69 COMMERCIAL: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 70 COMMERCIAL: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
TABLE 71 COMMERCIAL: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 72 COMMERCIAL: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
  8.2.1 RETAIL STORES & MALLS
    8.2.1.1 Use of video surveillance systems to prevent retail theft to accelerate segmental growth
  8.2.2 ENTERPRISES & DATA CENTERS
    8.2.2.1 Adoption of surveillance cameras to safeguard critical enterprise & data center assets to drive market
  8.2.3 BANKING & FINANCE BUILDINGS
    8.2.3.1 Reliance on IP surveillance cameras in banking & finance sector to contribute to segmental growth
  8.2.4 HOSPITALITY CENTERS
    8.2.4.1 Deployment of video surveillance systems in hospitality centers to reduce potential threats to accelerate market growth
  8.2.5 WAREHOUSES
    8.2.5.1 Utilization of warehouse video surveillance solutions to minimize threats to boost market growth
8.3 INFRASTRUCTURE
TABLE 73 INFRASTRUCTURE: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 74 INFRASTRUCTURE: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
TABLE 75 INFRASTRUCTURE: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 76 INFRASTRUCTURE: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
TABLE 77 INFRASTRUCTURE: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 78 INFRASTRUCTURE: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
  8.3.1 TRANSPORTATION & CITY SURVEILLANCE
    8.3.1.1 Rise in criminal activities in transportation sector to fuel market growth
  8.3.2 PUBLIC PLACES
    8.3.2.1 Deployment of video surveillance cameras to monitor crowded places to drive market
  8.3.3 UTILITIES
    8.3.3.1 Adoption of surveillance systems to ensure grid reliability to accelerate market growth
8.4 MILITARY & DEFENSE
TABLE 79 MILITARY & DEFENSE: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 80 MILITARY & DEFENSE: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
TABLE 81 MILITARY & DEFENSE: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 82 MILITARY & DEFENSE: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
TABLE 83 MILITARY & DEFENSE: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 84 MILITARY & DEFENSE: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
  8.4.1 PRISON & CORRECTIONAL FACILITIES
    8.4.1.1 Escalating criminal activities to augment demand for video surveillance systems in prison & correctional facilities
  8.4.2 BORDER SURVEILLANCE
    8.4.2.1 Increasing illegal immigration and smuggling to increase adoption of border surveillance systems
  8.4.3 COASTAL SURVEILLANCE
    8.4.3.1 Rising coastal intrusion and maritime threats to boost deployment of video surveillance technologies
  8.4.4 LAW ENFORCEMENT
    8.4.4.1 Surging cases of malicious prosecution to accelerate use of body-worn cameras by police forces
8.5 RESIDENTIAL
  8.5.1 RELIANCE ON VIDEO SURVEILLANCE SOLUTIONS TO ENSURE PERSONAL SAFETY AND SECURITY TO DRIVE MARKET
TABLE 85 RESIDENTIAL: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 86 RESIDENTIAL: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
TABLE 87 RESIDENTIAL: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 88 RESIDENTIAL: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
8.6 PUBLIC FACILITY
TABLE 89 PUBLIC FACILITY: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 90 PUBLIC FACILITY: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
TABLE 91 PUBLIC FACILITY: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 92 PUBLIC FACILITY: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
TABLE 93 PUBLIC FACILITY: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 94 PUBLIC FACILITY: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
  8.6.1 HEALTHCARE BUILDINGS
    8.6.1.1 Reliance on video surveillance tools to ensure safety of healthcare personnel to drive market
  8.6.2 EDUCATIONAL BUILDINGS
    8.6.2.1 Application of intelligent video surveillance solutions in educational buildings for threat detection to boost segmental growth
  8.6.3 GOVERNMENT BUILDINGS
    8.6.3.1 Integration of advanced video surveillance solutions into government infrastructure to prevent threats to propel market
  8.6.4 RELIGIOUS BUILDINGS
    8.6.4.1 Utilization of intelligent surveillance cameras to protect religious buildings from riots and terror attacks to augment market growth
8.7 INDUSTRIAL
TABLE 95 INDUSTRIAL: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 96 INDUSTRIAL: VIDEO SURVEILLANCE MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
TABLE 97 INDUSTRIAL: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2019–2022 (USD BILLION)
TABLE 98 INDUSTRIAL: VIDEO SURVEILLANCE MARKET, BY OFFERING, 2023–2028 (USD BILLION)
TABLE 99 INDUSTRIAL: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 100 INDUSTRIAL: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
  8.7.1 MANUFACTURING FACILITIES
    8.7.1.1 Increasing implementation of AI-driven video surveillance systems to identify potential hazards in manufacturing plants to fuel segmental growth
  8.7.2 CONSTRUCTION SITES
    8.7.2.1 Rising adoption of video surveillance systems on construction sites to meet safety regulations to drive market

9 VIDEO SURVEILLANCE MARKET, BY REGION

9.1 INTRODUCTION
FIGURE 45 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN VIDEO SURVEILLANCE MARKET FROM 2023 TO 2028
TABLE 101 VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 102 VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
9.2 NORTH AMERICA
FIGURE 46 NORTH AMERICA: VIDEO SURVEILLANCE MARKET SNAPSHOT
  9.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
TABLE 103 NORTH AMERICA: VIDEO SURVEILLANCE MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 104 NORTH AMERICA: VIDEO SURVEILLANCE MARKET, BY COUNTRY, 2023–2028 (USD BILLION)
TABLE 105 NORTH AMERICA: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD BILLION)
TABLE 106 NORTH AMERICA: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD BILLION)
  9.2.2 US
    9.2.2.1 Requirement for greater security in public places to drive market
  9.2.3 CANADA
    9.2.3.1 Government-led funding for deployment of security and surveillance systems to contribute to market growth
  9.2.4 MEXICO
    9.2.4.1 Upsurge in drug trafficking and illegal activities to boost demand for video surveillance systems
9.3 EUROPE
FIGURE 47 EUROPE: VIDEO SURVEILLANCE MARKET SNAPSHOT
  9.3.1 RECESSION IMPACT ON MARKET IN EUROPE
TABLE 107 EUROPE: VIDEO SURVEILLANCE MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 108 EUROPE: VIDEO SURVEILLANCE MARKET, BY COUNTRY, 2023–2028 (USD BILLION)
TABLE 109 EUROPE: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD BILLION)
TABLE 110 EUROPE: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD BILLION)
  9.3.2 UK
    9.3.2.1 Adoption of intelligent systems in smart cities to provide growth opportunities for players in market
  9.3.3 GERMANY
    9.3.3.1 Deployment of surveillance systems in retail, banking, and healthcare applications to drive market
  9.3.4 FRANCE
    9.3.4.1 Use of advanced security systems in hospitality sector to contribute to market growth
  9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 48 ASIA PACIFIC: VIDEO SURVEILLANCE MARKET SNAPSHOT
  9.4.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
TABLE 111 ASIA PACIFIC: VIDEO SURVEILLANCE MARKET, BY COUNTRY, 2019–2022 (USD BILLION)
TABLE 112 ASIA PACIFIC: VIDEO SURVEILLANCE MARKET, BY COUNTRY, 2023–2028 (USD BILLION)
TABLE 113 ASIA PACIFIC: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD BILLION)
TABLE 114 ASIA PACIFIC: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD BILLION)
  9.4.2 CHINA
    9.4.2.1 Government-led investments in infrastructure and public security projects to fuel market growth
  9.4.3 JAPAN
    9.4.3.1 Deployment of advanced security systems to safeguard public infrastructure to accelerate market growth
  9.4.4 INDIA
    9.4.4.1 Introduction of smart city initiatives to contribute to market growth
  9.4.5 SOUTH KOREA
    9.4.5.1 Adoption of advanced surveillance technologies in smart cities to fuel market growth
  9.4.6 REST OF ASIA PACIFIC
9.5 ROW
  9.5.1 RECESSION IMPACT ON MARKET IN ROW
TABLE 115 ROW: VIDEO SURVEILLANCE MARKET, BY REGION, 2019–2022 (USD BILLION)
TABLE 116 ROW: VIDEO SURVEILLANCE MARKET, BY REGION, 2023–2028 (USD BILLION)
TABLE 117 ROW: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
TABLE 118 ROW: VIDEO SURVEILLANCE MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
  9.5.2 SOUTH AMERICA
    9.5.2.1 Surging demand for advanced security solutions in retail, infrastructure, and residential sectors to drive market
  9.5.3 MIDDLE EAST & AFRICA
    9.5.3.1 Rising security concerns and infrastructure projects to support market growth

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW
10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
TABLE 119 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN VIDEO SURVEILLANCE MARKET
10.3 MARKET SHARE ANALYSIS, 2022
FIGURE 49 MARKET SHARE ANALYSIS, 2022
TABLE 120 VIDEO SURVEILLANCE MARKET: MARKET SHARE ANALYSIS (2022)
  10.3.1 KEY PLAYERS IN VIDEO SURVEILLANCE MARKET, 2022
10.4 REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022
FIGURE 50 3-YEAR REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022
10.5 EVALUATION MATRIX OF KEY COMPANIES, 2022
  10.5.1 STARS
  10.5.2 PERVASIVE PLAYERS
  10.5.3 EMERGING LEADERS
  10.5.4 PARTICIPANTS
FIGURE 51 EVALUATION MATRIX OF KEY COMPANIES, 2022
10.6 COMPETITIVE BENCHMARKING
  10.6.1 COMPANY FOOTPRINT, BY OFFERING
  10.6.2 COMPANY FOOTPRINT, BY VERTICAL
  10.6.3 COMPANY FOOTPRINT, BY REGION
  10.6.4 OVERALL COMPANY FOOTPRINT
10.7 EVALUATION MATRIX OF STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), 2022
  10.7.1 PROGRESSIVE COMPANIES
  10.7.2 RESPONSIVE COMPANIES
  10.7.3 DYNAMIC COMPANIES
  10.7.4 STARTING BLOCKS
FIGURE 52 EVALUATION MATRIX OF STARTUPS/SMES, 2022
10.8 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
TABLE 121 VIDEO SURVEILLANCE MARKET: LIST OF KEY STARTUPS/SMES
TABLE 122 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (OFFERING FOOTPRINT)
TABLE 123 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (VERTICAL FOOTPRINT)
TABLE 124 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (REGIONAL FOOTPRINT)
TABLE 125 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (OVERALL COMPANY FOOTPRINT)
10.9 COMPETITIVE SCENARIOS AND TRENDS
  10.9.1 DEALS
TABLE 126 VIDEO SURVEILLANCE MARKET: DEALS, 2021–2023
  10.9.2 PRODUCT LAUNCHES
TABLE 127 VIDEO SURVEILLANCE MARKET: PRODUCT LAUNCHES, 2021–2023

11 COMPANY PROFILES

(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS
  11.1.1 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.
TABLE 128 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 53 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 129 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 130 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
TABLE 131 HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.: DEALS
  11.1.2 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.
TABLE 132 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
FIGURE 54 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 133 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 134 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES
TABLE 135 ZHEJIANG DAHUA TECHNOLOGY CO., LTD.: DEALS
TABLE 136 AXIS COMMUNICATIONS AB: COMPANY OVERVIEW
FIGURE 55 AXIS COMMUNICATIONS AB: COMPANY SNAPSHOT
TABLE 137 AXIS COMMUNICATIONS AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 138 AXIS COMMUNICATIONS AB: PRODUCT LAUNCHES
TABLE 139 AXIS COMMUNICATIONS AB: DEALS
TABLE 140 AXIS COMMUNICATIONS AB: OTHERS
  11.1.4 BOSCH SECURITY SYSTEMS, LLC
TABLE 141 BOSCH SECURITY SYSTEMS, LLC: COMPANY OVERVIEW
TABLE 142 BOSCH SECURITY SYSTEMS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 143 BOSCH SECURITY SYSTEMS, LLC: PRODUCT LAUNCHES
  11.1.5 HANWHA VISION CO., LTD.
TABLE 144 HANWHA VISION CO., LTD.: COMPANY OVERVIEW
FIGURE 56 HANWHA VISION CO., LTD.: COMPANY SNAPSHOT
TABLE 145 HANWHA VISION CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 HANWHA VISION CO., LTD.: PRODUCT LAUNCHES
TABLE 147 HANWHA VISION CO., LTD.: OTHERS
  11.1.6 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.)
TABLE 148 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.): COMPANY OVERVIEW
TABLE 149 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.): PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.): PRODUCT LAUNCHES
TABLE 151 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.): DEALS
TABLE 152 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.): OTHERS
  11.1.7 TELEDYNE TECHNOLOGIES INCORPORATED
TABLE 153 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY OVERVIEW
FIGURE 57 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT
TABLE 154 TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 155 TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCT LAUNCHES
TABLE 156 TELEDYNE TECHNOLOGIES INCORPORATED: DEALS
TABLE 157 TELEDYNE TECHNOLOGIES INCORPORATED: OTHERS
  11.1.8 HONEYWELL INTERNATIONAL INC.
TABLE 158 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 58 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 159 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 160 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
  11.1.9 I-PRO CO., LTD.
TABLE 161 I-PRO CO., LTD.: COMPANY OVERVIEW
TABLE 162 I-PRO CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 163 I-PRO CO., LTD.: PRODUCT LAUNCHES
TABLE 164 I-PRO CO., LTD.: DEALS
  11.1.10 HUAWEI TECHNOLOGIES CO., LTD.
TABLE 165 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
FIGURE 59 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 166 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 167 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES
  11.1.11 ZHEJIANG UNIVIEW TECHNOLOGIES CO., LTD.
TABLE 168 ZHEJIANG UNIVIEW TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
TABLE 169 ZHEJIANG UNIVIEW TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 170 ZHEJIANG UNIVIEW TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES
TABLE 171 ZHEJIANG UNIVIEW TECHNOLOGIES CO., LTD.: DEALS
TABLE 172 ZHEJIANG UNIVIEW TECHNOLOGIES CO., LTD.: OTHERS
11.2 OTHER PLAYERS
  11.2.1 AGENT VIDEO INTELLIGENCE LTD.
  11.2.2 CP PLUS INTERNATIONAL
  11.2.3 GENETEC INC.
  11.2.4 CORSIGHT AI
  11.2.5 NEC CORPORATION
  11.2.6 NICE
  11.2.7 HEXAGON AB (QOGNIFY)
  11.2.8 TIANDY TECHNOLOGIES CO., LTD.
  11.2.9 VIVOTEK INC.
  11.2.10 MOBOTIX AG
  11.2.11 MORPHEAN SA
  11.2.12 VERKADA INC.
  11.2.13 CAMCLOUD
  11.2.14 IVIDEON
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

12 APPENDIX

12.1 DISCUSSION GUIDE
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 CUSTOMIZATION OPTIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS

According to the research report "Video Surveillance Market by System (Analog, & IP), Offering (Hardware, Software, & Service), Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, & Industrial), and Geography - Global Forecast to 2023", the video surveillance market, the overall market is estimated to grow from USD 36.89 Billion in 2018 to USD 68.34 Billion by 2023, at a CAGR of 13.1% between 2018 and 2023. The increasing concerns for public safety and security, growing adoption of IP cameras, and growing demand for DIY and spy cameras are the key factors driving the video surveillance market growth.

Major players in the video surveillance market are:

  • Hikvision (China),
  • Dahua (China),
  • Axis Communications (Sweden),
  • Bosch Security Systems (Germany),
  • FLIR (US),
  • Avigilon (Canada),
  • Hanwha Techwin (South Korea),
  • Honeywell Security Group (US),
  • Infinova (US),  
  • Pelco (US),
  • BCD Video (US),
  • CP Plus (India),
  • Nice Systems (Israel),
  • Panasonic (Japan),
  • Tiandy (China),
  • Uniview (China),
  • Vivotek (Taiwan), and
  • Zicom (India).

Market for IP video surveillance systems to grow at a higher CAGR during the forecast period

The growth of the IP video surveillance systems market is mainly due to the shifting preference from analog to IP systems. The key advantages of IP systems include enhanced image quality, high scalability, easy installation, and remote accessibility with network-based models. These systems can be integrated with the existing IP network, and they provide the basic platform for software such as video analytics, VMS, and cloud storage. The market for IP video surveillance systems is expected to grow at a rapid pace in the near future owing to technological advancements in IP cameras as well as in the storage device industry.

Cameras expected to account for the largest size of the video surveillance hardware market by 2018

The growth in safety and security concerns, the rise in the crime rate, and the increase in the number of terror attacks are some major factors driving the growth of the market for cameras used for video surveillance. The continuous decrease in the prices of cameras has resulted in the increased adoption of surveillance cameras across the world, which, in turn, created the significant demand for storage solutions and monitors.

Commercial vertical to dominate the video surveillance market during the forecast period

The commercial vertical is expected to dominate the video surveillance market. Under this vertical, commercial areas such as enterprises and data centers, banking and finance buildings, hospitality centers, retail stores and malls, and warehouses are considered. The rising demand for video surveillance systems in retail stores and malls, enterprise and data centers, and banking sectors is driving the growth of this market.

APAC to dominate the video surveillance market during the forecast period

Asia Pacific is the fastest-growing region in the video surveillance market owing to heavy investments in building new and improve existing infrastructure. The market for video surveillance systems and services in Asia Pacific is likely to continue to grow significantly at a high rate in the near future. The use of security cameras is expected to increase in APAC countries as these are emerging economies with a growing number of manufacturing bases, and the terrorist attack is a strong possibility. Moreover, the market for video surveillance is expected to witness an upsurge in APAC owing to the increased security concerns in APAC countries such as India and China.



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