Smart City Initiatives Driving Growth Of AI In Video Surveillance Market: An Emerging Driver Transforming The Artificial Intelligence (AI) In Video Surveillance Market Landscape

The Artificial Intelligence (AI) In Video Surveillance Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Artificial Intelligence (AI) In Video Surveillance Market?
In recent times, the market size of artificial intelligence (AI) applied to video surveillance has expanded dramatically. The market is projected to increase from $5.63 billion in 2024 to $6.81 billion in 2025, enjoying a compound annual growth rate (CAGR) of 21.0%. This growth during the historic period is the result of a surge in security threats, progressive advancements in AI and machine learning technologies, demand for real-time monitoring, affordability of solutions, and integration with Internet of Things (IoT) devices.

The market size for artificial intelligence (AI) in video surveillance is predicted to experience sharp increase in the coming years, reaching a value of $14.62 billion by 2029 with a compound annual growth rate (CAGR) of 21.0%. This anticipated expansion during the forecast period is attributed to factors such as government regulations, initiatives towards smart cities, remote monitoring, specific applications for different industries, and cloud-based solutions. The forecast period also anticipates significant trends including edge computing for AI, advanced analytics, cloud-based video surveillance, deep learning algorithms, as well as real-time alerts and automation.

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What Are the Different Artificial Intelligence (AI) In Video Surveillance Market Segments?
The artificial intelligence (AI) in video surveillance market covered in this report is segmented -

1) By Offering: Hardware, Software, Service
2) By Deployment Mode: On-Premises, Cloud-Based
3) By Use Cases: Gun Detection, Industrial Temperature Monitoring, Anomaly Detection And Behavior Recognition, Facial Recognition Or Person Search, Object Detection And Perimeter Protection, Intrusion Detection And Perimeter Protection, Smoke And Fire Detection, Traffic Flow Analysis Or Accident and Traffic Incident Detection, False Alarm Filtering, Other Use Cases
4) By Vertical: Commercial, Residential, Infrastructure, Military And Defense, Public Facility, Industrial

Subsegments:
1) By Hardware: Cameras, Storage Devices, Processors
2) By Software: Video Analytics, Video Management Software (VMS), Facial Recognition Software
3) By Service: Installation And Integration, Maintenance And Support, Consulting Services

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What Are the Primary Drivers Shaping the Artificial Intelligence (AI) In Video Surveillance Market?
Advancements in smart city projects are projected to fuel the expansion of artificial intelligence (AI) within the video surveillance market. Smart city projects involve the integration of technology, data, and innovation to enhance urban living standards, sustainability, and efficiency. By providing a connected infrastructure and a plethora of data for evaluation, smart city initiatives can remarkably elevate the functionality of AI in video surveillance. For instance, records from the Office for National Statistics revealed that in July 2024, the general UK government had increased its total infrastructure investment by 9.6% in 2022, hitting £26.0 billion ($32.8 billion). Central government contributed £19.3 billion ($24.4 billion) and local government £6.7 billion ($8.5 billion). Investments in transportation projects amounted to £22.5 billion ($28.5 billion), making up 74.2% of the entire investment, up by 1.1 percentage points compared to the previous year. Therefore, the escalation in smart city projects is driving the expansion of AI in the video surveillance market.

Which Companies Are Leading in the Artificial Intelligence (AI) In Video Surveillance Market?
Major companies operating in the artificial intelligence (AI) in video surveillance market report are Huawei Technologies Co. Ltd., Panasonic Holdings Corporation, Hanwha Group, Honeywell International Inc., Dahua Technology Co. Ltd., NEC Corporation, IntelliVision, ZTE Corporation, Hangzhou Hikvision Digital Technology Co. Ltd., Cisco Meraki, Avigilon Corporation, SenseTime, Genetec Inc., Milestone Systems A/S, CloudWalk Technology Co. Ltd., Eagle Eye Networks, Gorilla Technology, Clarifai, Corsight AI, YITU Tech, Agent Video Intelligence Ltd., Pure Tech Systems, Simshine Intelligent Technology Co. Ltd

What Are the Major Trends Shaping the Artificial Intelligence (AI) In Video Surveillance Market?
Notable firms in the AI-enhanced video surveillance sector, such as Hangzhou Hikvision Digital Technology Co. Ltd., are pioneering inventive products like compact dual-lens cameras which amplify their surveillance potential. These cameras employ dual lenses to facilitate broad-angle imaging and have a small, concealed design which is perfect for security needs. In April 2024, the China-based video surveillance technology company unveiled the new Turbo HD 8.0, which presents significant progress in the field of audio-visual integration. This model boasts of numerous sophisticated security enhancements, including real-time two-way audio, compact dual-lens cameras with cutting-edge 180-degree stitching technology, and Smart Hybrid Light to improve night visibility. The addition of the PowerX DVR with AcuSense, which combines facial identification and motion sensing, underscores Hikvision's dedication to pioneering innovative security solutions.

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What Are the Top Revenue-Generating Geographies in the Artificial Intelligence (AI) In Video Surveillance Market?
Asia-Pacific was the largest region in the AI in video surveillance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in video surveillance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) In Video Surveillance Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) In Video Surveillance Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) In Video Surveillance Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) In Video Surveillance Market?

Why This Report Matters:

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