Steady Expansion Forecast for Surveillance Camera Market, Projected to Reach $61.63 Billion by 2029

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Surveillance Camera Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of surveillance cameras has experienced swift expansion in the recent past. It is set to escalate from $38.89 billion in 2024 to $43.21 billion in 2025, with a compound annual growth rate (CAGR) of 11.1%. The sizeable growth in the past period can be credited to the rise of urbanization and population, countering terrorism and criminal activities, advancements in data storage and analytic abilities, and an increasing consciousness among people and corporations regarding the advantages of surveillance cameras.

Surveillance Camera Market Size Forecast: What's the Projected Valuation by 2029?
The market for surveillance cameras is predicted to witness robust expansion in the upcoming years, scaling up to a value of $61.63 billion by 2029, representing a compound annual growth rate (CAGR) of 9.3%. Factors contributing to growth during the estimated period include amalgamation with IoT and AI, cloud-enabled surveillance solutions, concerns regarding privacy, a decrease in the cost of camera technology, and heightened concerns about security. The prominent trends expected during the forecast period encompass the expanding implementation of AI and data analytics, advancements in imaging and resolution, a swift increase in edge computing, incorporation with IoT devices, and technologies focusing on privacy.

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What Are the Drivers Transforming the Surveillance Camera Market?
The surveillance camera market is predicted to expand due to increasing crime rates. A crime is identified as an action or conduct that is illegal and punishable by law. The surge in crime rates is a result of a mix of factors such as economic differences, social disarray, drug-linked issues, gang operations, and insufficient law enforcement, which collectively spur criminal conduct across diverse communities. Surveillance cameras can discourage crime by forming a noticeable monitoring presence, and the recorded footage can be precious evidence for law enforcement, possibly resulting in a drop in crime rates. For example, the National Insurance Crime Bureau (NICB), a trade association for the insurance industry in the US, reported over 1 million vehicle thefts in 2022, marking a 7% rise from 2021. Additionally, according to CrimeRate.co.uk, a UK-based government site, the crime rate in the UK stood at 75.88 per 1,000 individuals in 2022-2023, signifying an 8% increase from 2021. Consequently, the surge in crime rates is fueling the growth of the surveillance camera market.

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What Long-Term Trends Will Define the Future of the Surveillance Camera Market?
Key players in the surveillance camera industry are shifting their attention to the creation of revolutionary products like edge AI cameras to establish their market dominance. These cameras are equipped with on-device artificial intelligence that can process and analyze data directly at the edge of the network, close to where the data is generated. For example, in March 2023, IDIS, a security technology firm from South Korea, introduced a fresh set of Edge AI cameras, including dome and bullet camera models. These cameras aim to decrease erroneous alarms, enhance the effectiveness and quick reaction of security teams, and accurately differentiate between humans, vehicles, and other objects. The novel range includes models with NIR Lightmaster technology, 5MP dome and bullet cameras powered by deep learning, IDIS Smart Failover, true WDR, H.265, IDIS Intelligent Codec, and PoE functionalities. The cameras are simple to install and ensure smooth integration with IDIS network recorders, making them especially beneficial for customers seeking highly precise alerts in varying scenarios like vulnerable perimeters, vehicle entry points, parking zones, entrances and exits, and high-risk or sensitive areas.

Which Segments in the Surveillance Camera Market Offer the Most Profit Potential?
The surveillance cameramarket covered in this report is segmented -

1) By Product Type: Internet Protocol (IP)-Based, Cellular Camera, Analog Camera
2) By Resolution Capacity: High Definition (HD), Full High Definition (FHD), Ultra High Definition (UHD) (4K)
3) By Deployment: Indoor, Outdoor
4) By End-Use: Residential, Commercial Infrastructure, Public Facilities, Industrial, Military And Defense, Other End-Uses

Subsegments:
1) By Internet Protocol (IP)-Based: Wired IP Cameras, Wireless IP Cameras, Cloud-Based IP Cameras, Outdoor/Indoor IP Cameras
2) By Cellular Camera: 4G/5G Cellular Cameras, Battery-Powered Cellular Cameras, Cellular Trail Cameras
3) By Analog Camera: Standard Analog CCTV Cameras, High Definition Analog Cameras (HD-TVI, AHD, CVI), Dome and Bullet Analog Cameras

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Which Firms Dominate the Surveillance Camera Market by Market Share and Revenue in 2025?
Major companies operating in the surveillance camera market are Sony Corporation, Panasonic Corporation, Cisco Systems Inc., Honeywell International Inc., Canon Inc., Hikvision Digital Technology Co. Ltd., Zhejiang Dahua Technology Co. Ltd., Hanwha Techwin Co. Ltd., FLIR Systems Inc., Axis Communications AB, Avigilon Corporation, Verint Systems Inc., Zhejiang Uniview Technologies Co. Ltd., VIVOTEK Inc., Genetec Inc., Pelco Incorporated, Tiandy Technologies Co. Ltd., ACTi Corporation, Bosch Security Systems GmbH, Mobotix AG, March Networks Corporation, Infinova Corporation, AV Costar LLC, IndigoVision Group plc, Swann Communications Pty Ltd., CP PLUS GmbH & Co. KG, Lorex Technology Inc.

Which Regions Offer the Highest Growth Potential in the Surveillance Camera Market?
Asia-Pacific was the largest region in the surveillance camera market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the surveillance camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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