As per data from reports, in 2025, the global video surveillance market was projected to reach 74.6 billion U.S. dollars in revenue, an increase from the 45.5 billion U.S. dollars that was anticipated in 2020. The forecast for 2025 values the global video surveillance market at nearly three times the size as it was in 2016.
Security & Surveillance Technology
Security surveillance, the act of monitoring a certain activity, place, or person for safety reasons, is a growing market. Technology plays a major role in enhancing security and surveillance capabilities by offering many increasingly technical solutions, such as alarms, access control devices, and video surveillance. In 2023, the video surveillance market is projected to be worth 62.6 billion U.S. dollars, with infrastructure applications forecast to make up over 36 percent of the global market.
Digital Market Outlook
The Statista Digital Market Outlook presents up-to-date figures on markets of the digital economy. The comparable key figures are based on extensive analyses of relevant indicators from the areas of society, economy, and technology. Within this, the smart home segment includes security, detailing the sale of devices and services for networked access control and management for buildings and premises. Overall, the smart home security market is forecast to grow to over 30 billion U.S. dollars worldwide by 2023.
Size of the global video surveillance market between 2016 and 2025
(in billion U.S. dollars)
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BIS Research, & MarketsandMarkets. (April 8, 2020). Size of the global video surveillance market between 2016 and 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/864838/video-surveillance-market-size-worldwide/
BIS Research, und MarketsandMarkets. "Size of the global video surveillance market between 2016 and 2025 (in billion U.S. dollars)." Chart. April 8, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/864838/video-surveillance-market-size-worldwide/
BIS Research, MarketsandMarkets. (2020). Size of the global video surveillance market between 2016 and 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/864838/video-surveillance-market-size-worldwide/
BIS Research, and MarketsandMarkets. "Size of The Global Video Surveillance Market between 2016 and 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Apr 2020, https://www.statista.com/statistics/864838/video-surveillance-market-size-worldwide/
BIS Research & MarketsandMarkets, Size of the global video surveillance market between 2016 and 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/864838/video-surveillance-market-size-worldwide/ (last visited November 21, 2024)
Size of the global video surveillance market between 2016 and 2025 (in billion U.S. dollars) [Graph], BIS Research, & MarketsandMarkets, April 8, 2020. [Online]. Available: https://www.statista.com/statistics/864838/video-surveillance-market-size-worldwide/