Video Surveillance System Market Size, Share & Growth [2030]

Segments - Video Surveillance System Market By Types (Hardware [Camera {Analog, IP Cameras, Hybrid} and Storage], Software [Video Analytics and Video Management Software], And Services [VSaaS]), Applications (Commercial, Infrastructure, Institutional, Industrial, Defense, and Residential), and Regions (North America, Europe, Latin America, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2021 – 2028.

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

The global video surveillance system market size was around USD 99 Million in 2020 and is projected to expand at a CAGR of 44% during the forecast period, 2021 – 2028. The growth of the market is attributed to the increasing requirement for physical security solutions coupled with the use of cloud-based services.

Video Surveillance System Market Key Takeaways

A video surveillance system is a surveillance system that captures images and videos that can be compressed, stored, or sent even over communication networks. It can use in any environment. Security and surveillance are required for most of the organizations worldwide. Governments, enterprises, financial institutions, and healthcare organizations are expected to have a certain level of security and monitoring measures.

IP security cameras send their signals over a network allowing greater information transfer than an analog signal sent to a digital video recorder (DVR). Network cameras are wireless and still work through a network, and are used in big departmental stores, food chains, malls, factory, and workshops, among others to keep a check of the activities.

Market Trends, Drivers, Restraints, and Opportunities:

Growing concerns regarding public safety and security is anticipated to drive the market growth.
Expanding adoption of advanced surveillance by the government sector, and growing awareness about the same among manufacturers to install optimum IP surveillance systems are anticipated to spur the growth of the market.
Increasing demand for security applications, including video surveillance to monitor and record borders, ports, transportation infrastructure, corporate houses, educational institutes, public places, and buildings is expected to propel the market growth.
Rising demand for wireless and spy cameras is excepted to boost the market growth during forecasted period.
Growing adoption of IP cameras is expected to positively impact the growth of market.
Technological advancements in big data, Internet of Things (IoT), and cloud-based services is excepted to fuel the market growth during the forecast period.
High investment cost and lack of professional expertise in handling IP cameras can hinder the market growth.
Increasing government funding for the development of smart cities is expected to offer lucrative opportunities to the video surveillance market.

Scope of the Report

The report on the global video surveillance system Market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Video surveillance system Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Hardware [Camera {Analog, IP Cameras, Hybrid} and Storage], Software [Video Analytics and Video Management Software], And Services [VSaaS]), Applications (Commercial, Infrastructure, Institutional, Industrial, Defense, and Residential)
Regional Scope	North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Honeywell Security Group, Bosch Security Systems Incorporated, Samsung Group, Schneider Electric SE, and Panasonic Corporation

Global Video surveillance system Market Segment Insights

Software segment to accounts considerable market share
Based on types, the market is divided into hardware, software, and services. The hardware segment is further segmented into camera and storage. The software segment is segregated into video analytics and video management software. The services segment is further segmented into VSaaS. The software segment is anticipated to account for a considerable market share in the projected timeline. Video analytics enhances video surveillance systems by performing the tasks such as real-time event detection, post-event analysis, and extraction of statistical data, which reduces manpower cost and increases the effectiveness of the surveillance system operation. Technological advancements in artificial intelligence (AI) and increasing requirement for new innovative products to tackle the security crisis at every level are expected to propel the market segment growth.

Infrastructure segment to expand at a high CAGR
On the basis of applications, the global video surveillance system market is segmented into commercial, infrastructure, institutional, industrial, defense, and residential. The infrastructure segment is anticipated to expand at a high CAGR during the forecast period. Rising demand for security solutions in public transportation, city surveillance, public places, and utilities is driving the segment growth. City surveillance application of infrastructure vertical is the most prominent area for the video surveillance market. Increasing investments by governments of various countries to increase safety levels in public places is stimulating the growth of the market segment.

Video Surveillance System Market By Applications

Asia Pacific to dominate market
In terms of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market. Heavy investments in smart city projects and increasing number of security threats and concerns in China, Japan, India, and South Korea, are excepted to propel the market growth in the region. Growing awareness about safety and security solutions across various verticals, including commercial, infrastructure, and public places is driving the growth of the video surveillance market in the region. Moreover, rising incidence of theft and terrorist attacks is driving the regional market growth.

Video Surveillance System Market By Regions

Segments

Segments Covered in the Report
The global video surveillance system market has been segmented on the basis of

Types

Hardware
- Camera
  - Analog
  - IP Cameras
  - Hybrid
- Storage
Software
- Video analytics
- Video management software
Services
- VSaaS

Applications

Commercial
Infrastructure
Institutional
Industrial
Defense
Residential

Regions

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Players

Honeywell Security Group
Bosch Security Systems Incorporated
Samsung Group
Schneider Electric SE
Panasonic Corporation

Competitive Landscape

Key players operating in the global video surveillance system market includes Honeywell Security Group, Bosch Security Systems Incorporated, Samsung Group, Schneider Electric SE, Panasonic Corporation.

Video Surveillance System Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Video Surveillance System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Video Surveillance System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Video Surveillance System Market - Supply Chain
  4.5. Global Video Surveillance System Market Forecast
     4.5.1. Video Surveillance System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Video Surveillance System Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Video Surveillance System Market Absolute $ Opportunity
5. Global Video Surveillance System Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Video Surveillance System Market Size and Volume Forecast by Applications
     5.3.1. Commercial Infrastructure Institutional Industrial Defense Residential
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Video Surveillance System Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Video Surveillance System Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Video Surveillance System Demand Share Forecast, 2019-2026
7. North America Video Surveillance System Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Video Surveillance System Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Video Surveillance System Market Size and Volume Forecast by Applications
     7.4.1. Commercial Infrastructure Institutional Industrial Defense Residential
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Video Surveillance System Demand Share Forecast, 2019-2026
8. Latin America Video Surveillance System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Video Surveillance System Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Video Surveillance System Market Size and Volume Forecast by Applications
     8.4.1. Commercial Infrastructure Institutional Industrial Defense Residential
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Video Surveillance System Demand Share Forecast, 2019-2026
9. Europe Video Surveillance System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Video Surveillance System Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Video Surveillance System Market Size and Volume Forecast by Applications
     9.4.1. Commercial Infrastructure Institutional Industrial Defense Residential
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Video Surveillance System Demand Share Forecast, 2019-2026
10. Asia Pacific Video Surveillance System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Video Surveillance System Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Video Surveillance System Market Size and Volume Forecast by Applications
     10.4.1. Commercial Infrastructure Institutional Industrial Defense Residential
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Video Surveillance System Demand Share Forecast, 2019-2026
11. Middle East & Africa Video Surveillance System Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Video Surveillance System Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Video Surveillance System Market Size and Volume Forecast by Applications
     11.4.1. Commercial Infrastructure Institutional Industrial Defense Residential
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Video Surveillance System Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Video Surveillance System Market: Market Share Analysis
  12.2. Video Surveillance System Distributors and Customers
  12.3. Video Surveillance System Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Honeywell Security Group Bosch Security Systems Incorporated Samsung Group Schneider Electric SE Panasonic Corporation