Video Surveillance Market Size, Share, and Growth Forecast, 2025 - 2032

Video Surveillance Market Size and Trends Analysis

The global video surveillance market size is projected to increase from US$82.7 billion in 2025 to US$183.5 billion by 2032. It is anticipated to witness a CAGR of 12.1% during the forecast period from 2025 to 2032.

The video surveillance industry is experiencing growth driven by the increasing emphasis on public safety and crime prevention, with governments and municipalities investing heavily in smart surveillance networks. Businesses are deploying novel systems that go beyond monitoring to deliver real-time analytics, customer behavior insights, and compliance tracking.

Key Industry Highlights

• Leading Region: The Asia Pacific is projected to lead with around 38.6% of the market share in 2025, driven by government initiatives in China, India, and Japan to promote smart city and public safety projects.
• Fastest-growing Region: North America is expected to be the fastest-growing region in 2025, driven by the increasing focus on crime prevention and regulatory compliance in both the corporate and public sectors.
• New Contract: The Southern Railway awarded a contract to Rail Vikas Nigam Limited (RVNL) in August 2025 to install a video surveillance system at 484 stations, aiming to enhance passenger safety. The surveillance system features IP-based CCTV cameras with networking, video recording, and video monitoring facilities.
• Dominant Component: Hardware is expected to account for approximately 72.1% of the market share in 2025, as reliable hardware ensures continuous monitoring, even during network or power interruptions.
• Leading System: IP systems are anticipated to hold nearly 42.3% of the market share in 2025, as these provide real-time remote access and flexibility across multiple sites.

Global Market Attribute	Key Insights
Video Surveillance Market Size (2025E)	US$ 82.7 Bn
Market Value Forecast (2032F)	US$183.5 Bn
Projected Growth (CAGR 2025 to 2032)	12.1%
Historical Market Growth (CAGR 2019 to 2024)	10.0%

Market Dynamics

Driver - Banks Turn to AI-based Surveillance to Tackle Fraud and Security Threats

Banks and financial institutions are increasingly adopting novel video surveillance to protect both physical branches and digital assets. With the rise in sophisticated heists and insider fraud, surveillance systems are no longer used only for monitoring ATMs or entry points.

These are now being utilized for integrating with AI-based analytics to detect unusual patterns of customer or employee behavior. For example, HSBC plans to scale up surveillance across its global offices, with a key focus on its new London headquarters.

Another driver is the growth of digital banking and fintech hubs across the Asia Pacific, where compliance regulations require strict monitoring of customer interactions. In India, ICICI Bank has partnered with iVIS to deploy unique e-surveillance solutions across branches, primarily for ATMs and cash counters. This includes real-time video monitoring, facial recognition, incident detection, video analytics, and automated alerts. Insurance companies are also adopting video surveillance to enhance fraud detection and prevention.

Restraint - Public Resistance Surges Amid Rising Fears of Constant Surveillance

Growing concerns over personal privacy are emerging as a significant barrier to the widespread adoption of video surveillance systems. In cities where large-scale deployments are already in place, residents have increasingly voiced discomfort about the sense of constant observation.

For instance, London’s dense CCTV network has sparked debates over function creep, where cameras initially installed for crime prevention are later repurposed for monitoring everyday civil activities. This intrusion into personal space creates resistance from communities that worry about being tracked beyond reasonable security purposes.

The risk of hacking and unauthorized access to live feeds or stored footage has also made businesses and institutions cautious about adopting surveillance technologies. The 2021 breach of Verkada, a U.S.-based surveillance company, exposed live camera feeds from Tesla factories, hospitals, and schools.

This showed just how vulnerable these systems can be if not properly secured. The fear that sensitive footage might end up in the wrong hands discourages organizations from relying heavily on interconnected or cloud-based video solutions.

Opportunity - Smart City Programs Integrate Video Surveillance into Core Infrastructure

Government initiatives for smart city projects and public safety are creating new avenues for video surveillance system providers by placing security at the core of urban planning. Instead of treating surveillance as an add-on, cities are weaving cameras, sensors, and analytics into the design of public infrastructure. Another opportunity comes from the push to centralize emergency response systems.

Governments are investing in command-and-control centers that link real-time video feeds with predictive analytics. Chicago’s OEMC operates a Private Sector Camera Initiative that integrates exterior cameras from businesses, public agencies, and organizations into its citywide surveillance system.

These cameras remain under the owners’ control but can be accessed during emergencies, extending surveillance capabilities beyond purely public infrastructure. Governments are further encouraging partnerships between public agencies and private companies to broaden surveillance networks without bearing the full cost.

Category-wise Analysis

Component Insights

By component, the market is trifurcated into hardware, software, and services. Among these, hardware is predicted to account for nearly 72.1% of the video surveillance market share in 2025, as the foundation of any deployment depends on physical capture and storage devices. Cameras, recorders, and sensors form the visible layer that organizations cannot bypass, regardless of how advanced software becomes.

The constant push for sophisticated imaging is also driving the segment. Users are seeking 4K, thermal, panoramic, and low-light cameras capable of running AI inference directly into the device. The shift toward intelligent hardware makes the physical device itself the carrier of value, not just a passive capture tool.

Services have become a key component as the complexity of deployments has outpaced what users can manage alone. Modern surveillance systems are no longer just about plugging in cameras. They involve integrating AI analytics, cloud storage, and cybersecurity safeguards. It has spurred the demand for managed services, where providers take over monitoring, upgrades, and compliance checks. The shift toward outcome-based expectations also makes services indispensable.

System Insights

Based on the system, the market is divided into analog, IP, and hybrid. Out of these, IP video surveillance systems are anticipated to hold around 42.3% of the market share in 2025, owing to their ability to cater to the broad digital transformation of physical security. IP cameras integrate smoothly with IT networks, allowing organizations to consolidate video data with other digital assets. This interoperability has become important in the logistics and retail sectors.

Hybrid video surveillance systems are gaining popularity as they help bridge the gap between legacy investments and modern capabilities. Many enterprises and municipalities still operate extensive analog camera networks, and replacing them entirely at once would be both costly and highly disruptive. Hybrid systems allow these organizations to retain their analog infrastructure while integrating IP cameras and digital management platforms.

Regional Insights

Asia Pacific Video Surveillance Market Trends - India’s Compliance Mandates Slow Imports and Create Space for Local Players

In 2025, Asia Pacific is poised to account for approximately 38.6% share, spurred by the integration of cameras with AI-backed traffic management, crowd analytics, and even public health monitoring.

Singapore has been extending its use of camera-linked systems for urban mobility projects, where surveillance is combined with sensors and AI to optimize traffic flow and improve road safety. This transforms video surveillance from a passive monitoring tool into an active component of smart city planning.

China continues to set the tone for hardware manufacturing and large-scale deployments, but the regulatory environment is becoming complex. Domestically, Beijing is tightening data security rules that compel manufacturers to keep sensitive information within national borders.

China-based firms are facing increasing scrutiny and regulatory pushback, specifically in India and Australia. India’s new compliance mandate requires surveillance equipment to undergo rigorous testing of hardware, software, and source code before approval. It has hampered supply chains, delayed project execution, and temporarily given small India-based firms a chance to challenge imports from China.

North America Video Surveillance Market Trends - NDAA Restrictions Trigger Retrofit Wave in the U.S.

In North America, the U.S. video surveillance market continues to enforce the National Defense Authorization Act (NDAA) ban on equipment from China-based manufacturers. This has compelled integrators and end users to rethink procurement strategies.

Federal agencies and local governments are replacing non-compliant systems with alternatives from various companies. It has created an unusual retrofit wave, where market opportunities lie not just in new installations, but also in retrofitting existing infrastructure.

Cloud adoption is also skyrocketing, primarily among enterprises managing distributed sites. Retail chains, quick-service restaurants, and logistics companies are moving toward platforms such as Eagle Eye Networks that allow centralized monitoring without heavy on-premises infrastructure.

Privacy legislation in Canada is adding another dimension. Quebec has tightened rules on biometric data usage, which affects facial recognition deployments. This regulatory stance has slowed down real-time biometric adoption in public spaces.

Europe Video Surveillance Market Trends - Public Transport Networks Emerge as Testbeds for AI-based Surveillance

In Europe, video surveillance is evolving under the weight of strict regulatory oversight, specifically the EU AI Act. It limits real-time biometric identification in public spaces. This is propelling vendors and municipalities to prioritize privacy-compliant tools, including anonymization, object detection, and behavior analytics. For example, Amsterdam recently upgraded its city surveillance with AI models that track crowd density and traffic movement without identifying individuals.

Public transport and related infrastructure is a key testing ground. During the 2024 Olympic and Paralympic Games, Paris authorities experimented with AI-enabled surveillance at metro and RER stations. About 200 cameras were equipped with Cityvision software by Wintics.

These AI systems detected predefined movements such as abandoned luggage, crowd density, intrusion, and general passenger flow patterns. Similar projects show a shift toward safety and operational efficiency, areas where surveillance plays a broader role in urban operations beyond traditional security.

Competitive Landscape

The global video surveillance market is not only fragmented but also in transition. On the hardware side, China-based companies dominate global shipments due to their price advantage and availability. However, regulatory restrictions in key markets across the West are eroding their influence.

The U.K., for example, has mandated the removal of China-made surveillance systems from sensitive government sites by April 2025. It is steering procurement toward West-based players. On the software side, companies are gaining traction with their direct-to-cloud video management systems, which eliminate on-site servers and support quick AI updates.

Key Industry Developments

• In August 2025, Nota AI officially launched its real-time video monitoring solution named NVA (Nota Vision Agent). It features novel generative AI, specifically Vision-Language Models (VLMs).
• In May 2025, Synology broadened its service portfolio with the introduction of C2 Surveillance. It is a new Video Surveillance as a Service (VSaaS) solution that is designed to provide serverless cloud monitoring.

Companies Covered in Video Surveillance Market

• Hangzhou Hikvision Digital Technology Co., Ltd.
• Dahua Technology Co., Ltd.
• Robert Bosch GmbH
• Motorola Solutions, Inc.
• Axis Communications AB
• Tiandy Technologies Co., Ltd.
• Zhejiang Uniview Technologies Co., Ltd.
• Infinova Corporation
• Hanwha Vision Co., Ltd.
• TKH Group N.V.
• Spot AI