IP Video Surveillance and VSaaS Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The IP video surveillance and vsaas market size has grown rapidly in recent years. It will grow from $36.8 billion in 2024 to $40.94 billion in 2025 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to transition from analog to IP-based systems, rising security concerns post-9/11, internet protocol (IP) standardization, decreasing cost of storage, increasing awareness of video analytics.

The IP video surveillance and vsaas market size is expected to see strong growth in the next few years. It will grow to $59.55 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to demand in emerging markets, remote monitoring requirements, focus on cybersecurity, cloud computing advancements, expansion of smart cities and IoT. Major trends in the forecast period include vertical-specific solutions, integration with access control, privacy-enhancing technologies, focus on cybersecurity, hybrid cloud deployments.

The increasing crime rates are expected to propel the growth of the IP video surveillance and VSaaS markets in the coming years. Crime rates refer to the statistical measure used to quantify the occurrence of criminal activities within a specific geographic area over a defined period. IP video surveillance and VSaaS are used to deter crimes, collect evidence, facilitate real-time monitoring, contribute to public safety, and support law enforcement efforts. For instance, in September 2023, according to the Bureau of Justice Statistics, a US-based federal agency, the rate of violent victimization in the United States rose to 23.5 victimizations per 1,000 persons age 12 or older in 2022. In 2022, this rate rose to 9.7 reported violent victimizations per 1,000 persons from 7.5 per 1,000 in 2021. Therefore, the increasing crime rates are driving the growth of the IP video surveillance and VSaaS markets.

Major companies operating in the IP video surveillance and VSaaS markets are focusing on developing technologically advanced products such as Edge AI surveillance cameras to enhance surveillance capabilities and provide depth perception for improved security in various industries. Edge AI surveillance cameras refer to surveillance cameras equipped with edge artificial intelligence (AI) capabilities, allowing them to process and analyze data locally on the camera itself rather than relying solely on centralized cloud-based processing. For instance, in February 2023, IDIS, a South Korea-based surveillance technology company, launched a user-friendly yet powerful lineup of edge AI cameras, leveraging their proprietary Idis Deep Learning Engine to address the security, safety, and operational requirements of organizations across various industries. These new 5MP dome and bullet models are equipped with the advanced processing capability of the Idis Deep Learning Engine, providing highly efficient performance at the edge. They expand IDIS's range of high-definition direct IP cameras, offering users accurate object detection and classification to minimize false alarms, enhance security and safety measures, and deliver added value to their overall security operations.

In August 2023, Prosero Security Group AB, a security services company based in Sweden, acquired Emsec Oy for an undisclosed amount. This acquisition allows Prosero to boost its expertise in IP video surveillance and Video Surveillance as a Service (VSaaS). By incorporating Emsec Oy’s specialized knowledge and technology, Prosero aims to strengthen its standing in the security industry, broaden its range of services, and offer more comprehensive and advanced solutions to its clients. Emsec Oy, a Finland-based technology company, provides security solutions, including cloud-based video-surveillance-as-a-service (VSaaS) offerings.

Major companies operating in the IP video surveillance and VSaaS market are Panasonic Corporation, Cisco Systems Inc., Honeywell International Inc., Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd., Bosch Security Systems, Axis Communications AB, Avigilon Corporation, NETGEAR Inc., D-Link Corporation, Vivotek Inc., Zhejiang Dahua Technology Co. Ltd., Genetec Inc., Milestone Systems AS, Pelco by Schneider Electric, Eagle Eye Networks Inc., Vista IT Solutions LLC, Securens Systems Pvt. Ltd., MOBOTIX AG, Costar Technologies Inc., Infinova Group, IndigoVision Group PLC, Ivideon LLC, Arecont Vision Costar LLC, Salient Systems Corporation, Qognify Limited, Camcloud Inc., Cloudview Ltd., Arcules Inc.

North America was the largest region in the IP video surveillance and VSaaS market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ip video surveillance and vsaas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ip video surveillance and vsaas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The IP video surveillance and VSaaS market consists of revenues earned by entities by providing services such as remote video monitoring, cloud-based storage, real-time analytics, and centralized management of security camera systems over the internet. The market value includes the value of related goods sold by the service provider or included within the service offering. The IP video surveillance and VSaaS market also includes sales of IP cameras and network video recorders (NVRs), video management tools, and remote monitoring tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

IP Video Surveillance and VSaaS refer to advanced digital video surveillance systems which uses internet protocol (IP) cameras to capture and transmit video footage for security monitoring, with VSaaS providing a cloud-based solution for storage, analytics, and management of the surveillance data.

The main products of IP video surveillance and VSaaS are hardware, software, and services. Hardware refers to tangible devices or components, such as IP cameras and network video recorders, that play a pivotal role in capturing and processing video data, serving as the essential building blocks for surveillance systems. They are categorized by various types, including hosted, managed, and hybrid, which are used in several applications, such as banking and financial sector, retail, government and higher security, manufacturing and corporate, residential, casino and entertainment, healthcare, and others.

The main products of IP video surveillance and VSaaS are hardware, software, and services. Hardware refers to tangible devices or components, such as IP cameras and network video recorders, that play a pivotal role in capturing and processing video data, serving as the essential building blocks for surveillance systems. They are categorized by various types, including hosted, managed, and hybrid, which are used in several applications, such as banking and financial sector, retail, government and higher security, manufacturing and corporate, residential, casino and entertainment, healthcare, and others.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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