1. Home
  2. > ICT
  3. > IT Hardware
  4. > Security Systems Market Trends
Global Surveillance Camera Market: Analysis By System Type, By Technology By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027

Global Surveillance Camera Market: Analysis By System Type, By Technology By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027

  • September 2022
  • 157 pages
  • ID: 6318350
  • Format: PDF
  • Daedal Research


Table of Contents

Search Inside

The global surveillance camera market in 2021 was valued at US$28.02 billion. The market is expected to reach US$45.54 billion by 2027. Surveillance camera are video cameras used for the purpose of observing an area. They are often connected to a recording device or IP network, and maybe watched by a security guard or law enforcement officer. Surveillance camera can protect individuals or businesses from theft, fire, flood, or intrusion. Furthermore, the global surveillance camera market volume is expected to reach 524.75 million units in 2027, increasing from 214.30 million units in 2021.

Due to the rise in urban population, increasing criminal threats, growth in traffic management, technological improvements, and rising number of ATMs, would propel the market growth in the forthcoming years. The market is expected to grow at a CAGR of 8.38% during the forecast period of 2022-2027.

Market Segmentation Analysis:

By System Type: The report provides the bifurcation of the market on the basis of system type. On the basis of value, the market is bifurcated into two segments: Analog and IP surveillance camera. In 2021, IP surveillance camera held a major share of 65% in the market. On the basis of volume, the market is bifurcated into the following segments based on the system type: Analog, IP Commercial, IP Consumer and other surveillance camera. In 2021, IP Commercial surveillance camera held a major share of more than 40% in the market. On the other hand, the analog segment is expected to witness decline in the forthcoming years owing to the emergence of IP cameras, with a number of advantages.

By Technology: The report further provides the segmentation of the market volume based on the technology: image signal processor, vision processor and vision processor + AI surveillance camera. The image signal processor held more than 70% of the share in the market. The market’s expansion is aided by the rising sales of home security systems, integration of artificial intelligence systems in surveillance camera and adoption of IoT based surveillance systems. The vision processor + AI surveillance camera segment is projected to grow at the highest CAGR. Surveillance cameras manufacturers are shifting from basic image processing to AI processing, which is likely to help in the growth of the global vision processor (+AI) camera market. The importance of artificial intelligence (AI) technology, during the COVID-19 pandemic has increased considerably, which helped various sectors, particularly healthcare, in providing real-time monitoring solutions.

By Region: The report provides insight into the surveillance camera market based on the regions namely Europe, North America, Asia Pacific, and the Rest of the World. Asia Pacific held the major share of above 40% in the market owing to the rising criminal activities and enhancing the security of the population in the country.

Within North America, the US held the dominant share. The US is one of the most surveilled countries in the world, with CCTV cameras installed in most public and private places. However, the retail and commercial end-user markets are estimated to have the largest number of cameras installed in the country. Whereas, in the Asia Pacific region, Japan and China held a significant share in the market as public safety agencies are heavily investing in emerging technologies for providing efficient safety solutions in Japan.

Market Dynamics:

Growth Drivers: There is a rapid growth of surveillance cameras in recent years for the purpose of reducing and preventing criminal activities. Criminal cases are decreasing proportionately as more of the cameras came into existence. Surveillance cameras can also deter crime by increasing the probabilities of arrest and punishment. Alarm notification is the best way that the security cameras can function in prevention and reduction of crime Furthermore, the market has been growing over the past few years, due to factors such as rapid urbanization, rising number of ATMs, growth in traffic management, technological improvement and development in surveillance camera industry, and many other factors.

Challenges: However, the market has been confronted with some challenges specifically, increase in privacy concern, high investment cost, etc.

Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as integration of artificial intelligence systems in surveillance camera, adoption of IoT based surveillance systems, emergence of video surveillance as a service (VSaaS), etc. IoT systems are deployed in sectors including automotive, transportation, smart homes, energy, utility, security, surveillance, public safety, financial services, retail, healthcare, industrial, warehousing, and distribution. The growing adoption of IoT based surveillance systems is providing an overall growth opportunity to the global surveillance camera market.

Impact Analysis of COVID-19 and Way Forward:

The global surveillance camera market was impacted in many ways by the COVID-19 pandemic. In the wake of the COVID-19 pandemic, a wide range of surveillance cameras are turning out to be an effective way to serve the purpose of social distancing and other purposes. To keep a check on COVID patients, the surveillance camera were used in COVID wards. Also, thermal surveillance was initiated to check the temperatures to avoid the spread of COVID infections at crowded areas.

Competitive Landscape:

The global surveillance camera market is dominated primarily by Chinese companies, Hikvision and Dahua control about 60% of the total surveillance camera market.

The key players in the global surveillance camera market are:

Robert Bosch GmbH
Panasonic Corporation
Honeywell International Inc.
Cisco Systems, Inc.
Sony Group Corporation
LG Electronics Inc.
Dahua Technology
Axis Communications AB
Teledyne Technologies Incorporated
Hanwha Group
Motorola Solutions (Avigilon)

Some of the strategies among key players in the market for surveillance cameras are product launches, mergers, acquisitions, and collaborations. For instance, in 2021, Hikvision announced the launch of its new DeepinView bullet network cameras with TandemVu technology, expanding the reach of TandemVu technology from PTZ units to bullet-styled models. Whereas, Dahua Technology announced that the company’s network camera and video recorder products have passed ETSI EN 303 645 standard.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Traffic Management Market by Component, System, & Region - Global Forecast to 2027

  • $ 4950
  • September 2022
  • 306 pages

MarketsandMarkets forecasts the global traffic management market size is projected to grow from USD 38.2 billion in 2022 to USD 68.8 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% during ...

  • World
  • APAC
  • Smart City
  • Intelligent Transportation System
  • Industry analysis
  • Greenhouse Gas Emissions
  • Urban Population


Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on