AI In Video Surveillance Market: Impact on Crime Prevention and Public Safety

The global AI in video surveillance market was valued at USD 6.51 billion in 2024 and is expected to reach USD 28.76 billion by 2030, growing at a compound annual growth rate (CAGR) of 30.6% from 2025 to 2030. The increasing adoption of cloud-based video surveillance systems is contributing to this growth, as they offer scalability, remote access, and lower infrastructure costs compared to traditional on-premises systems.

Cloud-based solutions allow organizations to easily expand their video surveillance capabilities to adapt to evolving needs without significant upfront investments in hardware and IT infrastructure. Moreover, these systems provide remote access, enabling security personnel to monitor and manage video feeds from any location, which enhances responsiveness and operational efficiency.

The demand for intelligent video analytics is also on the rise as organizations aim to derive greater value from their video surveillance data. By integrating advanced AI algorithms with cloud-based video systems, these platforms can deliver real-time analytics and intelligent monitoring, helping to identify potential threats. AI-powered analytics can offer immediate insights, such as detecting suspicious activities, tracking individuals and vehicles, and generating actionable intelligence. This automation of video analysis allows security personnel to quickly identify threats and respond more effectively, while also providing critical data for operational optimization and business intelligence. As organizations increasingly recognize the advantages of leveraging AI for video surveillance, the demand for these technologies is expected to grow.

Key Market Trends & Insights

• North America: This region leads the market with a 33.6% share in 2024, driven by rising demand for AI-powered video surveillance systems across sectors such as retail, transportation, and financial services.
• U.S. Growth: The U.S. has experienced significant growth as cloud-based AI video surveillance systems become more prevalent, offering scalability and reduced hardware requirements.
• Hardware Segment: Leading the market, the hardware segment accounted for 40.48% of global revenue in 2024, driven by increased camera deployment due to rising security concerns.
• Cloud Segment: The cloud segment holds the highest revenue share in 2024, with its capability for remote access and real-time monitoring being especially valuable for organizations with multiple locations.
• Intrusion Detection: This segment captured the highest market share in 2024, with AI intrusion detection systems increasingly integrating cloud and edge computing for real-time processing and scalability.

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Market Size & Forecast

• 2024 Market Size: USD 6.51 Billion
• 2030 Projected Market Size: USD 28.76 Billion
• CAGR (2025-2030): 30.6%
• North America: Largest market in 2024
• Asia Pacific: Fastest-growing market

Key Companies & Market Share Insights

The competitive landscape features prominent firms utilizing product launches, expansions, mergers, acquisitions, contracts, agreements, partnerships, and collaborations as primary strategies to enhance their market share.

• Axis Communications, founded in 1984 and based in Lund, Sweden, specializes in advanced network video surveillance solutions. Their portfolio includes IP cameras, encoders, video management software, and recorders, all enhanced by AI-driven analytics for actionable insights. Axis integrates intelligent analytics into their video surveillance systems to improve security and safety, enabling real-time incident responses.

• Honeywell offers advanced AI-driven video surveillance solutions that enhance security and situational awareness. Their Honeywell Advance Analytics (Ci2MS) employs AI and deep learning to monitor video feeds for specific individuals, vehicles, and suspicious behaviors, providing real-time alerts. The MAXPRO Video Management Solution incorporates AI-based analytics for centralized, multi-site security monitoring. Honeywell’s 70 Series AI cameras feature built-in smart analytics such as facial recognition and license plate recognition, enhancing accuracy even in challenging conditions.

Key Players

• Teledyne Technologies Incorporated
• Axis Communications AB
• Bosch Security and Safety Systems GmbH
• Genetec Inc.
• Honeywell International Inc.
• Huawei Technologies Co. Ltd.
• Ivideo
• Milestone Systems A/S
• NEC Corporation
• Panasonic Corporation
• Sensen.ai
• VIVOTEK Inc.

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