The global video surveillance market size was estimated at USD 73.75 billion in 2024 and is projected to reach USD 147.66 billion by 2030, expanding at a CAGR of 12.1% from 2025 to 2030. This robust growth is primarily driven by rapid technological advancements and the increasing emphasis on security and safety across a wide range of sectors. Video surveillance systems today comprise both hardware components, such as cameras, monitors, and recording devices, as well as software solutions, including video management systems and advanced analytics platforms. Rising levels of urbanization and large-scale infrastructure development projects have further amplified the demand for reliable surveillance systems. Additionally, growing concerns related to crime prevention, asset protection, and public safety have encouraged organizations to adopt more sophisticated, automated, and intelligent surveillance solutions.

Industries such as retail, transportation, and banking have emerged as major adopters of video surveillance technologies, as these sectors require continuous monitoring to prevent theft, fraud, and unauthorized access. Government-led initiatives focused on smart city development and enhanced public safety measures have also significantly accelerated market expansion. The adoption of artificial intelligence (AI) and machine learning (ML) technologies has transformed the video surveillance landscape by enabling capabilities such as facial recognition, behavioral pattern analysis, and real-time threat identification. Furthermore, the integration of Internet of Things (IoT) technologies with surveillance systems has improved connectivity and interoperability, allowing seamless remote monitoring and centralized control. The growing adoption of cloud-based video surveillance solutions has additionally supported market growth, as these platforms provide scalability, efficient data management, remote accessibility, and reduced infrastructure costs.

Key Market Trends & Insights:

• The Asia Pacific video surveillance market dominated the global landscape in 2024, accounting for over 37% of total revenue. Countries such as China, Japan, and India play a crucial role in driving regional growth, supported by rapid urban expansion, large population bases, and increasing investments in public safety infrastructure. Government initiatives, smart city projects, and rising security awareness have collectively fueled strong demand for advanced video surveillance systems across the region.
• Based on component segmentation, the hardware segment led the market in 2024, contributing over 71% of global revenue. This dominance is attributed to the high demand for cameras, storage devices, and monitoring equipment across commercial and public installations. Meanwhile, the services segment is expected to witness substantial growth over the forecast period, driven by the increasing complexity of surveillance systems and the rising need for professional services related to installation, system integration, maintenance, and configuration.
• By System: The IP video surveillance systems segment accounted for the largest share of market revenue in 2024, owing to benefits such as superior image quality, remote access, scalability, and integration with advanced analytics. In contrast, the hybrid video surveillance systems segment is anticipated to experience significant growth in the coming years. This growth is supported by the flexibility offered by hybrid systems, which combine the cost-effectiveness of analog systems with the advanced features and intelligence of IP-based solutions.
• From a vertical perspective, the commercial segment held the largest revenue share in 2024, driven by extensive adoption across retail stores, office buildings, shopping malls, and financial institutions. The industrial segment is expected to exhibit notable growth during the forecast period, supported by rising security requirements within manufacturing plants, warehouses, and logistics centers to prevent theft, vandalism, and operational disruptions.

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Market Size & Forecast:

• 2024 Market Size: USD 73.75 Billion
• 2030 Projected Market Size: USD 147.66 Billion
• CAGR (2025-2030): 12.1%
• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights:

Several prominent companies play a significant role in shaping the global video surveillance market, including Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd., Robert Bosch GmbH, and Axis Communications AB.

• Dahua Technology Co., Ltd. is a leading global provider of video-centric smart IoT solutions and services and is widely recognized within the video surveillance industry. The company offers an extensive product portfolio that includes high-definition surveillance cameras, network video recorders, and advanced intelligent video analytics solutions. Dahua has consistently remained at the forefront of technological innovation by integrating artificial intelligence, deep learning algorithms, and IoT capabilities into its products, enabling smarter, more accurate, and efficient security solutions for diverse applications.
• Robert Bosch GmbH is a multinational engineering and technology enterprise with a strong presence in the video surveillance market. Bosch offers a comprehensive range of advanced security and safety solutions, including intelligent cameras, sophisticated video analytics software, and fully integrated security platforms. The company leverages cutting-edge technologies such as AI and IoT to deliver solutions that provide high-resolution imaging, advanced data processing, and proactive threat detection capabilities. With a strong emphasis on innovation, reliability, and sustainability, Bosch serves a broad spectrum of end users, including critical infrastructure, transportation networks, retail environments, and industrial facilities.

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Conclusion:

The global video surveillance market is poised for strong growth, driven by rapid technological advancements and increasing security requirements across both public and private sectors. Rising urbanization, infrastructure development, and government-led smart city initiatives continue to support widespread adoption of advanced surveillance solutions. Innovations such as AI, ML, IoT, and cloud-based platforms are enhancing system intelligence, scalability, and operational efficiency. Strong demand from commercial and industrial end users, particularly in the Asia Pacific region, further strengthens market expansion. Overall, continuous innovation and growing emphasis on safety and automation are expected to sustain the market’s upward trajectory over the forecast period.