The global video surveillance & VSaaS market size is expected to reach USD 148.68 billion by 2030, registering to grow at a CAGR of 12.5% from 2024 to 2030 . Growing number of security concerns on a global level coupled with increased investment in sophisticated surveillance network development is expected to drive the market. Increased demand for traffic surveillance and intrusion detection is also expected to propel market growth over the next six years.
Technological advancement has led to the development of improved surveillance cameras and related devices. Declining IT costs and centralized data management are expected to positively impact the video surveillance & VSaaS market. Privacy concerns associated with public surveillance may restrain the market growth. Implementing big data analytics solutions is expected to provide viable growth opportunities to companies operating in the market. Mobile video surveillance allows real-time data viewing, which presents growth potential to the video surveillance market.
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Technological advancement has led to the development of improved surveillance cameras and related devices. Declining IT costs and centralized data management are expected to positively impact the video surveillance & VSaaS market. Privacy concerns associated with public surveillance may restrain the market growth. Implementing big data analytics solutions is expected to provide viable growth opportunities to companies operating in the market. Mobile video surveillance allows real-time data viewing, which presents growth potential to the video surveillance market.
Video Surveillance & VSaaS Market Report Highlights
- The IP video surveillance systems segment accounted for the largest revenue share in 2023. Customers' requirements for superior image quality, higher scalability, and flexibility drive the demand for IP video surveillance systems.
- The commercial segment accounted for the largest market share in 2023 due to increasing theft, unauthorized access, vandalism, and employee misconduct, and security risk in retail stores, banks, corporations, & other industries. Video surveillance serves as a preventive measure and aids in the examination of incidents.
- North America video surveillance and VSaaS market was identified as a lucrative region in 2023. The early adoption of new technologies, rising security concerns, and the presence of major market players in this region are driving the market growth.
The leading players in the Video Surveillance and VSaaS market include:
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Dahua Technology Co., Ltd
- Robert Bosch GmbH
- Axis Communications AB.
- Motorola Solutions, Inc.
- Zhejiang Uniview Technologies Co.,Ltd.
- Tiandy Technologies Co., Ltd.
- TKH GROUP
- Hanwha Vision Co., Ltd.
- THE INFINOVA GROUP.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Video Surveillance and VSaaS Market Variables, Trends, & Scope
Chapter 4. Video Surveillance and VSaaS Market: Type Estimates & Trend Analysis
Chapter 5. Video Surveillance and VSaaS Market: Vertical Estimates & Trend Analysis
Chapter 6. Video Surveillance and VSaaS Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the Video Surveillance and VSaaS market include:- Hangzhou Hikvision Digital Technology Co., Ltd.
- Dahua Technology Co., Ltd
- Robert Bosch GmbH
- Axis Communications AB.
- Motorola Solutions, Inc.
- Zhejiang Uniview Technologies Co.,Ltd.
- Tiandy Technologies Co., Ltd.
- TKH GROUP
- Hanwha Vision Co., Ltd.
- THE INFINOVA GROUP.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 64.61 Billion |
| Forecasted Market Value ( USD | $ 148.68 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
