Security And Surveillance Market Surges Amidst Rising Global Terrorism And Illegal Activities Driver: Leading Transformation in the Security And Surveillance Market in 2025

"Which drivers are expected to have the greatest impact on the over the security and surveillance market's growth?
The proliferation of terrorism and illicit activities is anticipated to drive the expansion of the security and surveillance industry. Terrorism employs violence to instill fear for political, religious, or ideological objectives, while illicit activities refer to violations of established laws and regulations which can result in legal repercussions. The rise in these activities can be attributed to complex factors such as socio-economic inequalities, political unrest, religious radicalism, and global integration. Security and surveillance are used to identify and counter these activities by tracking and analyzing suspicious activities, potential dangers, and illegal networks. For example, in March 2023, the global terrorism index report by the Australia-based research organization, the Institute for Economics and Peace (IEP), which develops metrics to study peace, stated that in 2022, the fatalities per terrorist assault increased by an average of 0.4. Terrorist assaults have grown more deadly, causing an average of 1.7 fatalities per attack, compared to 1.3 fatalities per attack in 2021. Additionally, in 2022, there were a total of 6,701 deaths as a result of terrorist activities. Consequently, the upsurge of terrorism and illegal activities is propelling the growth of the security and surveillance industry.

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What is the future CAGR of the security and surveillance market, and how will it impact industry expansion?
The market size for security and surveillance has seen considerable growth in recent periods. The industry, projected to escalate from $19.17 billion in 2024 to $20.95 billion in 2025, boasts a compound annual growth rate (CAGR) of 9.3%. This surge during the historic timeline is the result of factors such as warfare and conflict, population expansion and urban growth, criminal behavior, socio-political movements, as well as intelligence and counterintelligence maneuvers.

In the coming years, the security and surveillance market is projected to witness robust growth, increasing to a market size of $28.15 billion in 2029 with a compound annual growth rate of 7.7%. This considerable growth during the prediction period can be ascribed to factors such as globalization, transnational challenges, public opinion and confidence, economic conditions, emerging threats, quantum computing and cryptography. The development of surveillance technology, improvements in AI and machine learning, the integration of IoT, biometric technologies, and cloud-based supervision solutions represent some of the major trends during the forecast timeframe.

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What are the most significant trends transforming the security and surveillance market today?
Primary players in the security and surveillance industry are prioritizing the development of cutting-edge solutions, like AI surveillance systems, to amplify their security measures and threat identification capabilities. By utilizing sophisticated algorithms and machine learning, AI surveillance boosts security and surveillance, allowing for the analysis of large data volumes, the detection of irregularities, and an increase in monitoring efficiency across multiple environments. As an example, Vivotek Inc., a Taiwan-based business with expertise in IP cameras, video management software, and edge AI video analytics, broke into the subscription market in August 2022 with the introduction of VORTEX, its cloud-based Video Surveillance as a Service (VSaaS) in the United States. This new product underscores the firm's ability to merge camera, app, web, cloud, and deep learning technologies into a single, formidable AI surveillance solution. The AI-powered VORTEX features top-notch video analysis, improved real-time detection, and retrospective search capabilities, along with state-of-the-art deep search algorithms that convert metadata into quantifiable, searchable information. The system also gradually enhances its precision in recognizing people, vehicles, and other environmental features over time.

Which key market segments comprise the security and surveillance market and drive its revenue growth?
The security and surveillance market covered in this report is segmented -

1) By Type: Security Cameras, Digital Video Recorder And Network Video Recorder (DVR And NVR)
2) By Technology Type: Video Surveillance, Smart Home Security, Information Technology (IT) Security, Workplace Surveillance
3) By End-user: Industrial, Commercial, Residential, Other End-Users

Subsegments:
1) By Security Cameras: Analog Security Cameras, IP (Internet Protocol) Security Cameras, Wireless Security Cameras, PTZ (Pan-Tilt-Zoom) Cameras, Thermal Cameras, 360-Degree Cameras
2) By Digital Video Recorder and Network Video Recorder (DVR and NVR): Analog DVR Systems, IP-based NVR Systems, Hybrid DVR/NVR Systems, Cloud-based DVR/NVR Systems, Standalone DVR/NVR Systems

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Asia-Pacific was the largest region in the security and surveillance market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the security and surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the security and surveillance market?
Major companies operating in the security and surveillance market are Samsung Electronics Co. Ltd., Dell Technologies Inc., Panasonic Corporation, Cisco Systems Inc., Hanwha Corporation, Schneider Electric SE, Honeywell International Inc., Zhejiang Dahua Technology Co. Ltd., ABB Ltd., Avnet Inc., Johnson Controls International plc, Tyco International plc, Hikvision Digital Technology Co. Ltd., Seagate Technology plc, Motorola Solutions Inc., NetApp Inc., Bosch Security Systems, FLIR Systems Inc., Axis Communications AB, Uniview Technologies Co. Ltd., IDIS Co. Ltd., Quantum Corporation, VIVOTEK Inc., Nedap N.V., MOBOTIX AG, Genetec Inc., Infortrend Technology Inc., Rasilient Systems Inc., Tiandy Technologies Co. Ltd.

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What Is Covered In The Security And Surveillance Global Market Report?

•Market Size Forecast: Examine the security and surveillance market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the security and surveillance market for a structured understanding.
•Key Players Overview: Analyze major players in the security and surveillance market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the security and surveillance market.
•Segment Contributions: Evaluate how different segments drive overall growth in the security and surveillance market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the security and surveillance market.
•Industry Challenges: Identify potential risks and obstacles affecting the security and surveillance market.
•Competitive Landscape: Review strategic developments in the security and surveillance market, including expansions, agreements, and new product launches.

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