openPR Logo
Press release

The Market for Video Surveillance is Anticipated to grow at a CAGR of 8.4% from 2023 to 2033

01-30-2023 04:36 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Video Surveillance Market

Video Surveillance Market

Video surveillance market overview

The market for video surveillance is predicted to increase by 48,190.4 million US dollars in 2023 and reach 108,287.7 million US dollars by 2033. From 2023 to 2033, the market for video surveillance is anticipated to expand at a CAGR of 8.4%.

A network of cameras, monitors, and recordings is utilised for video surveillance. It may be installed indoors or outdoors and can help investigators spot criminal activity, vandalism, or any other inappropriate behaviour in terms of physical security. By boosting employee productivity and assisting in the discovery of defective equipment, video monitoring helps a company's bottom line. They not only ensure legal compliance but also raise standards for wellbeing and safety.

The report tracks the global value of video surveillance in 20+ high-growth markets, with the regions of North America, Europe, and Asia offering the most opportunities to stakeholders. The report also analyzes the impact COVID-19 has had on the economy in general, and video surveillance in particular.

Get a Sample Copy of Report @

Video Surveillance Market Size (2023) US$ 48,190.4 Mn
Projected Market Value (2033) US$ 108,287.7 Mn
Global Market Growth Rate (2023-2033) 8.4%
Hardware Segment Market Share (2022) 41.2%
China Market Growth Rate (2022) 10.4%
Analog Video Surveillance Systems Segment Market Share (2022) 58.7%

How will Artificial Intelligence Impact Demand for Video Surveillance?

Demand is increasing for AI-based video surveillance due to rise in need for public safety and crime management. AI mechanisms are built using a highly intuitive UI and deep learning algorithms to ensure smart and automated surveillance. Nowadays, AI temperature screening and face recognition are major trends in the video surveillance space.

As AI becomes broadly adopted across various industries, it is expected to be widely incorporated in video surveillance over the coming years. Edge-based AI (that filters and processes data locally on a camera) will be more universal, enabling end-to-end AI technology.

Face recognition, object recognition, event recognition, intelligent image processing, analytics, and remote asset management are some of the key technologies that are transforming video surveillance systems.

Will Adoption of IP/Network-based CCTV Cameras Aid Market Growth?

IP/network cameras are connected devices that capture images in a high resolution and also enable video analytics, automatic alerts, and more. IP cameras offer better resolution and advanced features such as automatic alerts and video analytics, making them the most preferred source for video surveillance across the globe.

Furthermore, IP cameras can be used wirelessly via a Wi-Fi router, or with a wired network connected via Ethernet cable to a broadband router or modem. IP cameras capture images similarly as a digital camera, and compress the files to transmit them over a network.

IP cameras are gaining traction as they are cost-efficient and convenient for end users. Also, network-based CCTV systems provide various benefits to users, such as better work productivity, remote monitoring, traffic management, support in gathering evidence in legal cases, and also protection against theft. As a result, IP cameras are projected to majorly contribute to video surveillance sales in the near future.

Ask for Customization @

How is Video Surveillance Helping Organizations Ensure Public Safety?

Various public safety agencies are investing significantly in a wide variety of emerging technologies in order to provide efficient safety solutions. These include smart applications that securely link radio networks to users carrying smart-phones, video monitoring devices, and other smart wearable devices, that can be used to enhance accountability and security for civilians and officers, as well as in-built mobile applications to improve daily workflows.

Moreover, with rising anti-social behavior, terrorist attacks, and crime rates, governments have been adopting new strategies and technologies to ensure public security and safety. It has become vital to improve systems, respond to devastating attacks, and find cost-effective, safe, and practical solutions. This further adds momentum to market growth and creates productive opportunities for video surveillance providers.

Also, current CCTV cameras combined with latest video analytics software can be used as sophisticated IoT sensors, with both audio and video data, to help with everything from public safety to traffic management. This rising demand across various verticals is expected to create growth opportunity for manufacturers of video surveillance systems.

Key Companies Profiled

Honeywell International Inc.
Hangzhou Hikvision Digital Technology Co., Ltd.
Bosch Security Systems, Inc.
Dahua Technology Co., Ltd.
FLIR Systems, Inc.
Cisco System, Inc.
Samsung Electronics Co. Ltd.
NICE Systems Ltd.

Buy Report Now @

Key Segments of Video Surveillance Market Industry Research

By Component:

Analog CCTV Cameras
IP CCTV Cameras
Network Video Recorders
Security Monitors & Displays

By Type:

Analog Video Surveillance Systems
IP Video Surveillance Systems

By Region:

North America
Latin America
East Asia
South Asia Pacific
Middle East and Africa

Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales -
Website -

Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Market for Video Surveillance is Anticipated to grow at a CAGR of 8.4% from 2023 to 2033 here

News-ID: 2903221 • Views: 358

More Releases from Persistence Market Research

Global Floor Paints Market Growth Forecast and Analysis 2023-2025: CAGR: 5.2%
Global Industry Analysis Floor paints are coatings applied on floors to protect them from damage, enhance their appearance, and improve their durability. The global floor paints market has been witnessing significant growth over the past few years, driven by factors such as rising construction activities, increasing demand for durable and aesthetically appealing flooring solutions, and growing awareness about the benefits of floor coatings. This report provides an overview of the floor
Kelp Market Competitive Strategies & Forecast, 2025
Kelp is a type of seaweed or algae that grow in shallow, nutrient-rich saltwater, and near coastal fronts. Kelp is found mainly in kelp forests and can grow up to half a meter a day, ultimately reaching heights of 30 to 80 meters. Kelp forests are described as one of the most ecologically productive and biologically diverse habitats globally. Kelp is also known as super food for its high nutrient
Baby Crib Sheet Market Size, Status and Global Outlook
Baby Crib Sheet Market: Overview Baby crib sheet is a part of baby crib bedding which covers the mattress of the crib. The sheets are used in cribs for babies for high quality of sleep and safety. Rising concern over baby health & hygiene boosts the global baby care products. The baby crib sheets are primarily made of cottons, however the growing trend for organic products or materials creates opportunity for manufacturers
Global Graphene Oxide Market Analysis and Forecast (CAGR 20%) 2023-2025
Global Industry Analysis Graphene oxide is a promising material with a wide range of applications in various industries, such as electronics, energy, biomedical, and aerospace. It is a single-layered, two-dimensional material made up of carbon atoms arranged in a hexagonal lattice structure. Graphene oxide is an oxidized form of graphene that is highly soluble in water, making it easy to process into different forms. Market Size: The global graphene oxide market size was

All 5 Releases

More Releases for Video

How to Repurpose Content Into Video with Video Maker
The first step to repurposing content into video is to find the content you want to use. Once you have a list of topics to cover, you can break them down into a question and answer video. You don't need to write anything new to use your webinar content as a video. if you want to learn more check out this link: Alternatively, you can repurpose the content as
Derby video production company launches remote video service
Derby-based video production and animation company Future Proof Films has launched an innovative new remote filming service which enables it to deliver professional quality video despite the current lockdown. The company, which is based at Connect Derby’s Sadler Bridge Studios, has launched its ‘Pro Remote Video’ service for those businesses that still need professional video content to support their marketing effort. The idea is simple – the team at Future Proof
Video Conferencing Market |video conferencing equipment,video conferencing softw …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Video Conferencing Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Report Sample Copy of Video Conferencing Market @ This comprehensive report analyzes
Online Video Platform Market Report 2018: Segmentation by Type (Video Analytics, …
Global Online Video Platform market research report provides company profile for Ooyala Inc., MediaMelon Inc., Akamai technologies, Kaltura Inc., Panopto, Brightcove Inc.,, Inc., Limelight Networks Inc., YouTube, Comcast Technology Solutions and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for
Video Marketing Company in Delhi Video Marketing Company Delhi Video Marketing A …
Video marketing is an innovative type of internet marketing in which corporate convert their already existing articles into short videos. These articles can be on any topic. It is gaining a vital place in the marketing plans of all major companies to connect with consumers, engage with them and convert them into paying customers Whichever stage of the customer funnel you are targeting, videos can help. The objectives of educating, entertaining,
Video on Demand Market (Business Model - Transactional Video on Demand, Subscrip …
Video on Demand Market: Snapshot Video on demand (VoD) services are transforming the traditional television landscape by offering unique features such as high quality and exclusive video content on demand through broadband and mobile networks. The VoD market is mainly driven by factors such as increasing internet-based consumer spending and the growing adoption of mobile devices to watch online videos. The surge in high-speed data networks has enabled VoD service providers to