AI in Video Surveillance Market

Growing smart city programs is driving market growth

By automatically identifying and alerting to suspicious activity, crowd control, or traffic issues, all video surveillance aids in crime prevention, emergency response, and general public safety.

The use of Al in the video surveillance market is being fueled by developments in deep learning and computer vision. A subset of machine learning known as deep learning has completely changed computer vision by making it possible to create extremely precise and effective algorithms for processing visual data. Deep learning algorithms can analyze video feeds in real time for video surveillance, enabling quick and precise recognition of objects, events, and abnormalities. For instance, they can recognize particular things like cars, people, or weapons, follow their movements, and categorize their behavior.

Deep learning developments have also increased the precision and dependability of facial recognition technologies, providing more reliable identification and authentication capabilities in video surveillance applications. Thus, driving the AI in video surveillance market revenue.

The Global AI in Video Surveillance Market Industry is poised for substantial growth, with projections indicating a market value of 6.91 USD Billion in 2024 and a remarkable increase to 33.1 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 15.3% from 2025 to 2035. The increasing adoption of AI technologies across various sectors, coupled with rising security concerns and regulatory support, is likely to drive this expansion. As organizations recognize the potential of AI in enhancing surveillance capabilities, the market is expected to witness significant investments and innovations in the coming years.

Rapid technological advancements play a crucial role in propelling the Global AI in Video Surveillance Market Industry. Innovations in machine learning, computer vision, and data analytics are transforming how surveillance systems operate. These technologies enable systems to analyze vast amounts of video data, identifying patterns and anomalies with remarkable accuracy. For example, AI algorithms can now recognize faces and license plates in real-time, enhancing security measures. As these technologies continue to evolve, they are likely to attract more investments, further driving market growth. The anticipated CAGR of 15.3% from 2025 to 2035 reflects the increasing reliance on AI-driven solutions.

The Global AI in Video Surveillance Market Industry is driven by escalating security concerns across various sectors, including government, transportation, and retail. As urbanization intensifies, cities face rising crime rates, prompting the adoption of advanced surveillance systems. AI technologies enhance traditional surveillance by providing real-time analytics and threat detection capabilities. For instance, cities implementing AI-driven surveillance have reported a reduction in crime rates by up to 30 percent. This growing emphasis on safety and security is expected to contribute to the market's growth, with projections indicating a market value of 6.91 USD Billion in 2024.

The integration of AI in video surveillance with Internet of Things (IoT) devices is reshaping the Global AI in Video Surveillance Market Industry. This convergence allows for enhanced data sharing and communication between devices, leading to smarter surveillance systems. For example, AI-enabled cameras can interact with IoT sensors to provide comprehensive situational awareness, improving response times to incidents. As more organizations adopt IoT technologies, the demand for integrated surveillance solutions is likely to rise. This trend suggests a robust growth trajectory for the market, as organizations seek to leverage the benefits of interconnected systems.

The push towards smart cities is a significant driver of the Global AI in Video Surveillance Market Industry. As urban areas evolve, there is an increasing need for intelligent infrastructure that enhances public safety and operational efficiency. AI-driven surveillance systems are integral to smart city initiatives, providing real-time monitoring and data analysis to improve urban management. For instance, cities implementing smart surveillance solutions have reported enhanced traffic management and reduced emergency response times. This trend is expected to fuel market growth, as investments in smart city projects continue to rise, aligning with the projected market value of 6.91 USD Billion in 2024.

Regulatory support and compliance requirements significantly influence the Global AI in Video Surveillance Market Industry. Governments worldwide are establishing guidelines to enhance public safety and privacy standards. For instance, regulations mandating the use of AI in surveillance systems are being implemented to ensure accountability and transparency. This regulatory landscape encourages organizations to adopt AI technologies, as compliance can lead to improved operational efficiency and risk management. As a result, the market is expected to expand, with a projected value of 33.1 USD Billion by 2035, driven by the need for compliant and effective surveillance solutions.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American AI in video surveillance market area will dominate this market, driven by an increasing need for sophisticated security solutions and the necessity of effective monitoring in a changing threat environment as a result of real-time object recognition, behavior analysis, and anomaly detection-enabled by AI technology, video surveillance systems are revolutionized. These developments strengthen security measures in a variety of industries, including vital infrastructure, public safety, transportation, and retail. Proactive surveillance is made possible by these developments.

Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, and South Korea.

Figure 2: AI in Video Surveillance Market Share By Region 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe AI in video surveillance market accounts for the second-largest market share, driven by the rising requirement for sophisticated security solutions as well as the necessity for effective monitoring and crime prevention in a constantly shifting threat environment. AI has completely changed how surveillance systems read and analyze video data, improving their ability to recognize and efficiently address security concerns. Further, the German AI in video surveillance market held the largest market share, and the U.K AI in video surveillance market was the fastest growing market in the European region.

The Asia-Pacific AI in Video Surveillance Market is expected to grow at the fastest CAGR from 2023 to 2032. One of the most important areas to use AI-based video surveillance systems to reduce crime and produce real-time data to feed the system is the Asia-Pacific. As one of the IT industry's hubs, the area has benefited from the AI base surveillance's assistance in luring several international companies for investment, producing income, luring FDI, and establishing safe business prospects for the locals.

Moreover, China’s AI in video surveillance market held the largest market share, and Indian AI in video surveillance market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to increase their product lines, which will help the AI in video surveillance market grow even more. Market participants are also undertaking number of strategic activities to expand their global footprint, with important market developments including new product launches, higher investments, mergers and acquisitions, contractual agreements, and collaboration with other organizations. To increase and survive in a more competitive and rising market climate, AI in video surveillance industry must offer cost-friendly items.

Manufacturing locally to reduce operational costs is one of the key business tactics used by manufacturers in the global AI in video surveillance industry to benefit clients and increase the market sector. In recent years, the AI in video surveillance industry has offered some of the most significant advantages to medicine.

Major players in the AI in video surveillance market are attempting to increase market demand by investing in research and development operations, including Hangzhou Hikvision Digital Technology Co., Ltd. (China), Dahua Technology Co., Ltd. (China), Avigilon Corporation (Canada), Milestone Systems A/S (Denmark), YITU Tech (China), SenseTime (China), and Agent Video Intelligence Ltd. (US).

Hikvision is a producer and seller of business intelligence and video surveillance goods and services based in Hangzhou, China. Network video recorders, cards for encoding and decoding video and audio, brackets, network cameras, digital video recorders, intercoms, enterprise network storage, alarms, network cables, analog cameras, PTZ cameras, monitors, controllers, LCD and LED screens, and accessories are among the company's product offerings. Hikvision supports the fields of industry, education, logistics, manufacturing, oil and gas, health care, retail, mobile transportation, and traffic.

The supplier of monitoring goods is Dahua Technology Co Ltd (Dahua). It provides security goods like remote image monitoring, advanced video surveillance systems, and access control. Cameras, display and control, storage, transfer, and intelligent building systems are only a few of the goods offered by the company. Dahua's provides application solutions for fire lane obstruction, illegal parking, smb safety protection, perimeter protection, radar perimeter protection, face recognition, smart interactive whiteboards, and vehicle entry and exit.

In May 2023, Dahua engine, a global leader in video-centric AloT solutions and services, officially launched the most recent AcuPick video search engine to make it easier and more accurate for customers to find their desired movies.