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$12.46 Bn AI in Video Surveillance Market Global Forecast to 2030 with Hikvision, Dahua, Motorola, Milestone Systems, SenseTime, Irisity, NEC, Axis, Genetec, Hanwha Vision Set to Dominate - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "AI in Video Surveillance Market by Offering (AI Camera, Video Management System, Video Analytics), Deployment (Cloud, Edge), Technology (Machine Learning, Deep Learning, GenAI, Computer Vision, Natural Language Processing) - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The AI in video surveillance market is projected to grow from USD 3.90 billion in 2024 and is expected to reach USD 12.46 billion by 2030, growing at a CAGR of 21.3% from 2025 to 2030

The report will help the market leaders/new entrants with information on the closest approximations of the revenue for the overall AI in video surveillance market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key drivers, restraints, opportunities, and challenges.

As crime rates and terrorism threats continue to swell, governments and enterprises are also investing a fortune in highly advanced surveillance equipment to safeguard the public. According to the Council of Criminal Justice, the general trends regarding property crime in 2023 compared with 2019 show declines in residential burglaries and larcenies; however, nonresidential burglaries increased, motor vehicle thefts increased by 105 percent, and drug-related offenses decreased by 27 percent. According to the 4th global homicide study of the United Nations Office on Drugs and Crime, Africa was the region with the highest intentional homicide rate at 176,000 victims in 2021, followed by the Americas at 154,000, Asia at 109,000, Europe at 17,000, and Oceania at 1,000 victims, with improvement observed in 2022.

The Chinese government is promoting AI video surveillance systems with weapon detection capabilities. This broader push is for facial recognition and surveillance cameras in public spaces. The growth of AI-driven surveillance in sectors like transportation, law enforcement, and public services is another factor fueling market growth, aligning with the country's strategic goals for technological innovation and societal safety.

Prominent players profiled in this report include Hikvision Digital Technology Co., Ltd. (China), Dahua Technology Co., Ltd. (China), Motorola Solutions, Inc. (US), Milestone Systems A/S (Denmark), SenseTime (Hong Kong), Irisity (Sweden), NEC Corporation (Japan), Axis Communications AB (Sweden), Genetec Inc. (Canada), Hanwha Vision Co., Ltd., (South Korea) among a few other key companies in the AI in video surveillance market.

The cloud segment in the AI in video surveillance market is to witness a higher growth rate during the forecast period.

The cloud segment is mainly driven by cloud-based solutions that are increasingly adopted by small and medium enterprises, primarily because they provide the flexibility, scalability, and cost-effectiveness features that the organizations require. In addition, the speed at which sophisticated security solutions for cloud-based deployment are developed offers answers to issues that exist regarding data privacy and thus attracts businesses seeking to adopt AI without investing in big premises-based infrastructure.

Market for inference in the AI in video surveillance market to hold the largest market share during the forecast period.

Inference in the AI in video surveillance market to hold the largest market share during the forecast period driven by actionable insights directly at the edge or near-edge devices. Inference allows rapid video stream analysis to detect objects, face recognition, and anomaly detection without relying on centralized data centers, reducing latency and bandwidth utilization. This capability is important for real-time applications such as public safety, traffic monitoring, and retail analytics, where timely responses to events may significantly improve operational efficiency and security outcomes.

Key Attributes:

Report Attribute Details
No. of Pages 286
Forecast Period 2024 - 2030
Estimated Market Value (USD) in 2024 $3.9 Billion
Forecasted Market Value (USD) by 2030 $12.46 Billion
Compound Annual Growth Rate 21.3%
Regions Covered Global 

Premium Insights

Case Study Analysis

  • Mobotix Assisted Real-Time Crime Center in Enhancing Coverage and Reducing Costs Using S74 Cameras
  • Briefcam Helped US-based Hospital with Video Synopsis to Detect Security Breaches Efficiently
  • Miniso Adopted Hangzhou Hikvision Digital Technology Co. Ltd.'s Centrally Managed Security System to Boost Surveillance
  • Kyrgyzstan Bank Integrated Dahua Technology's Hybrid Surveillance Solution to Improve Image Quality
  • Motorola Helped Long Beach Housing Authority Deploy Hd Cameras to Boost Monitoring Capabilities and Offer Remote Access for Better Oversight

Market Dynamics

Drivers

  • Increasing Demand for Advanced Security Solutions
  • Advancements in Deep Learning and Computer Vision Technologies
  • Rising Crime Rate
  • Deployment of Sophisticated Surveillance Systems in Smart Cities

Restraints

  • Privacy and Security Issues in AI-Powered Systems
  • High Costs Associated with Implementing and Maintaining AI-Powered Video Surveillance Systems

Opportunities

  • Integration of AI with IoT Devices
  • Growing Adoption of Smart Home Technologies
  • Deployment of AI in Retail and Transportation Sectors
  • Integration of AI Cameras with ML Algorithms
  • Adoption of Gen AI Technologies in Developing Countries

Challenges

  • Complex and Varied Data Protection Laws Across Different Regions
  • Occurrence of False Negatives
  • Vulnerability to Cyberattacks

Technology Analysis

  • Key Technologies
  • ML
  • Computer Vision
  • Complementary Technologies
  • IoT
  • 5G Connectivity
  • Adjacent Technologies
  • Smart Home Automation

Companies Featured

  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Dahua Technology Co. Ltd.
  • Axis Communications Ab
  • Motorola Solutions, Inc. (Avigilon Corporation)
  • Hanwha Vision Co. Ltd.
  • Milestone Systems A/S
  • Sensetime
  • Irisity
  • Nec Corporation
  • Genetec Inc.
  • Briefcam
  • Mobotix AG
  • Teledyne Technologies Incorporated
  • Honeywell International Inc.
  • Vivotek Inc.
  • Verkada Inc.
  • Morphean SA
  • Bosch Sicherheitssysteme GmbH
  • Ipro
  • Camcloud
  • Ivideon
  • Hakimo, Inc.
  • Promiseq GmbH
  • Rhombus Systems
  • Umbo Computer Vision Inc.

For more information about this report visit https://www.researchandmarkets.com/r/r0j2ur

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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