Global Video Surveillance Market Poised for Significant Growth

video surveillance industry research 2020The declaration of COVID-19 as a health pandemic across the globe, followed by emergency lockdown in several economies for long durations, has subsequently affected the financial conditions of the companies operating in the video surveillance industry. For some companies, the impact was positive; however, for many others, it was negative.

The global video surveillance market is influenced by several industry trends at present, including the use of multi-sensor cameras and increasing concern related to cybersecurity, IoT video analytics and artificial intelligence, and cloud computing.

According to the premium market intelligence study by BIS Research, the global video surveillance market is expected to grow at a significant CAGR of 10.06% on the basis of value during the forecast period, 2020-2025. The market is projected to reach $51.36 billion by the end of 2025.

Key Market Dynamics

The global video surveillance market is rapidly expanding, driven by continuous advancements in technology and innovation. The industry has witnessed changing market dynamics as established players and new market entrants from various industries work to capitalize on the gains from the lucrative video surveillance market. Some of the factors driving this growth include:

  • Increase in surveillance due to COVID-19: In the present scenario, the impact of this factor is quite high as the number of cases is increasing drastically, and to keep a check, video surveillance technology is sometimes used. However, once the number of cases goes down, the impact of this factor will also decrease in the future.
  • Growth of smart cities: In the next five to ten years, growth in the number of smart cities is expected, giving rise to the demand for safety and security of the people. The demand for video surveillance is expected to increase, and thus the impact of this factor can be considered high in the future.
  • Increasing government initiatives: Governments worldwide are investing huge amounts in emerging technologies of CCTV cameras in most public places to minimize criminal activities and terrorist attacks and to enhance public safety. Other activities, such as theft, harassment, assault, and damaging public properties, have acted as market drivers leading to the rise in the adoption of video surveillance systems. However, the impact of these initiatives is not going to be very high in the next five to ten years but is expected to be really high in the current scenario.
  • Increased adoption in the education industry: The impact of this factor is expected to be low to medium during the initial and later years of the forecast period. Video surveillance technology in the education industry can be used to protect faculty and students against serious problems such as violence, exam cheating, child abduction, and terrorist attacks.

Apart from the market drivers, certain opportunities can further help the market to grow and shape a fruitful future growth trajectory for the companies operating in the market. These opportunities include the integration of artificial intelligence and deep learning in video surveillance, increasing demand for video surveillance as a service (VSaaS) and video content analytics (VCA), increasing demand for intelligent transportation systems, and increasing adoption of video surveillance drones and body-worn cameras.

However, certain challenges are hindering the growth of the market and have to be overcome. These restraints include the absence of large bandwidth and storage network connection, threat to data integrity, and burden of data storage for government agencies. However, the impact of each of these challenges is expected to be low to medium in the long run.

Video Surveillance Market Segmentation

For the study, the market has been segmented on the basis of ecosystem, application, and region. The ecosystem of the video surveillance market is broadly classified into camera, monitor, storage, software, accessories, and services. Each of these is further classified into different segments. The camera segment of the video surveillance market by ecosystem is estimated to dominate the market and account for 41.83% of the market share.

The camera segment of the market is further categorized on the basis of video surveillance camera by technology, product type, application, region, connectivity type, and resolution. The camera technology covered in the report includes analog camera, IP camera, and overview of connectivity type for IP camera.

The video surveillance monitor market is sub-segmented on the basis of video type, application, and region. The storage sub-segment is further categorized on the basis of media, technology, application, and region. The types of media covered in this section include hard disk drives (HDD), solid-state drives (SSD), and other storage media (Optical Drives and Linear Tapes). The technology used for storage purposes that is being covered in the study includes storage area network (SAN), direct attached storage (DAS), network video recorder (NVR), network attached storage (NAS), digital video recorder (DVR), and unified/hybrid storage.

The software segment covers the types of software being used, including video content analytics and video management software (VMS) along with the applications of software and regional data.

The study also includes data pertaining to the use of video surveillance as a service (VSaaS), including the different types of VSaaS, such as managed, hosted, and hybrid service.

The applications of the video surveillance market can be found for end-user industries, including infrastructure, commercial, residential, industrial, institutional, and others. Among these end-user industries, the infrastructure segment is estimated to be contributing the maximum, i.e., 36.01% in terms of market share in 2020. The infrastructure segment is closely followed by the industrial and commercial segments, respectively.

The regional segmentation data of the market is segregated into five major regions, namely North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. In 2019, the Asia-Pacific region accounted for the maximum share of the market, i.e., around 58.12%, followed by North America, with a share of 21.05%.

Major Players Operating in the Market

Major Players

Other Key Players

Start-up Ventures

Avigilon Corporation

CP Plus

Eagle Eye Networks

Bosch Security Systems



Cisco Systems, Inc.

Milestone Systems A/S

Prism Skylabs

FLIR Systems, Inc.

Vivotek Inc.

Solink Corporation

Hanwha Techwin Co. Ltd.

IDIS Co. Ltd.

VideoIQ, Inc.

Huawei Technologies Co., Ltd

Johnson Controls



Zhejiang Uniview Technologies Co., Ltd.


The Infinova Group

Tiandy Technologies Co. Ltd.


Axis Communications AB

Arecont Vision Costar, LLC


Canon, Inc.

Genetec Inc


Zhejiang Dahua Technology Co., Ltd.



Hangzhou Hikvision Digital Technology Co., Ltd



Honeywell Security



Panasonic Corporation



Sony Corporation



Verint Systems Inc.




Global Video Surveillance Market

For more information, see the industry report Global Video Surveillance Market - Analysis and Forecast, 2020-2025 by BIS Research, which provides critical insights into the market. This comprehensive report draws on research from a mix of primary interviews and secondary research, along with analytical tools that have been used to build the forecast and predictive models.

A free sample of this report is available on the description page on

About the Publisher: BIS Research is a global market intelligence, research and advisory company that focuses on emerging technology trends that are likely to disrupt the market. Its team includes industry veterans, experts, and analysts with diverse backgrounds in consulting, investment banking, government, and academia.

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