US Video Surveillance System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Top US Video Surveillance Companies by Market Share and the market is Segmented by Type (Cameras, Video Management Systems and Storage, and Video Analytics), End User (Commercial, Retail, National Infrastructure, and City Surveillance, Transportation, and Residential). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

US Video Surveillance Market Size

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
US Video Surveillance Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 12.34 Billion
Market Size (2029) USD 22.04 Billion
CAGR (2024 - 2029) 12.30 %
Market Concentration Low

Major Players

US Video Surveillance Market Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

US Video Surveillance Market Analysis

The US Video Surveillance Market size is estimated at USD 12.34 billion in 2024, and is expected to reach USD 22.04 billion by 2029, growing at a CAGR of 12.30% during the forecast period (2024-2029).

In the United States, surveillance cameras are most common among private-sector retail and commercial establishments, such as hotels, restaurants, and office complexes.

  • The country is also witnessing the rising adoption of smart home security cameras, which may further expand the scope of the market studied. AI-based video analytics further enhance efficiencies, offering many non-security-related insights for businesses, especially in smart city applications. Recently, Amazon announced the AWS Panorama technology that enables integrators to work with a developer to easily create customized deep learning and video analytic apps for video surveillance cameras, regardless of manufacturer.
  • The use of video security cameras has expanded in recent years in the United States. Integrated video security cameras include technology that enables users to send information efficiently and quickly. This capability, however, may jeopardize the confidentiality of the scenario that has been hacked or captured. Malicious operations are performed via the smooth transmission of video footage and clips to unauthorized users.
  • Over the past several years, video surveillance systems have become a part of the Internet of Things (IoT). An IoT sensor can often detect even more than humans, such as levels of pollutants in the air, noise level, and vibrations. For this reason, they are poised to be integrated into many camera-based surveillance solutions as they allow users to monitor threatened areas.
  • However, like other IoT systems, inherent security risks can lead to significant violations of a user's privacy. Advanced machine learning techniques, primarily based on deep learning, are being researched and integrated within modern video surveillance systems for automating multiple tasks, including weapon detection, fire detection, in-store shopping, sensors of face recognition, and anomaly detection.
  • Major industry verticals are trusting surveillance as a better platform for altering the behavior of employees to yield better results. Corporate companies' surveillance tactics had highly adverse effects on employees, resulting in the emergence of privacy issues, increased stress, and the loss of identity. However, like any intrusive technology, the benefits of deploying public video cameras must be balanced against the costs and dangers.

US Video Surveillance Market Trends

Video Analytics to Witness Significant Market Growth

  • The United States is expected to provide the most to the development video analytics sector since many significant enterprises there require higher security surveillance systems. The industry is primarily fueled by the accessibility of technological knowledge, companies' increasing need for actionable information in real-time, and the country's expanding need for technically upgraded public protection infrastructure.
  • Accessibility to innovative capabilities has been facilitated by the existence of numerous important technology businesses. The United States controls the major sector for video surveillance, propelling the industry forward. Further, the potential of terrorist strikes has forced authorities to install advanced monitoring equipment in a number of areas. Moreover, they have implemented video analytics systems to identify security threats in various industries.
  • In the United States, surveillance cameras are increasingly replacing analog cameras. Such cameras have powerful facial and subject identification technology that continuously harvests surveillance material and produces a massive public database. Furthermore, the nation's democratic framework strongly favors implementing CCTV systems. For example, the Homeland Security Department pays local authorities billions of dollars in safety funding to deploy video security cameras. Federal assistance is expected to increase the demand for video analytics, propelling the development of video surveillance equipment over the forecast period.
  • Major technology players' increasing regional developments are expected to contribute to market growth over the forecast period. Recently, Cisco Meraki collaborated with Kloudspot to assist businesses in providing safer and smarter workspaces for their workers and consumers.
US Video Surveillance Market: Number of IoT connections in North America in Billions, 2018, 2019, and 2025

Residential Addresses a Major Market Potential

  • Residential video surveillance solutions connect one or more recording devices to a network and transfer the acquired video or audio data to a specific location. The photos are watched in real-time or sent to a central station for recording and retention. The growing need for security observation goods due to rising threats and criminal operations is driving the demand for video surveillance systems in the country.
  • The emergence of smart homes increased the prominence of video surveillance systems in the residential segment in the past few years. The surveillance systems implemented in this sector have varied applications, such as monitoring and access control. These systems are also equipped with motion detection and night vision features.
  • The high burglary rate in the country has increased the adoption of security systems such as video surveillance cameras over recent years, which has helped decrease the speed. For instance, according to the FBI, in October 2022, the national burglary rate in the United States was 271.1 incidences per 100,000 people in 2021. This represents a drop from the prior year when the burglary rate was 308 instances per 100,000 people
  • Video analytics play a significant role in residential security video surveillance technology, reducing false alarm instances and enhancing the system's ability to detect suspicious situations. The industry expert consumer survey of 10,000 broadband households found that among the 26% of US broadband households that intend to buy a smart video doorbell, most rated artificial intelligence (AI) or advanced analytics capabilities as vital when selecting a specific video doorbell to purchase.
US Video Surveillance Market: Number of housing units, United States, in Millions, 2017 - 2021

US Video Surveillance Industry Overview

The United States video surveillance market is highly competitive and consists of influential players. The market shows an augmented growth rate due to the effective pressure exerted by the market forces, both internally and externally. Some of the major players operating in the market include Dahua Technology Co. Ltd., Hikvision Digital Technology Co. Ltd, Hanwha Techwin, Schneider Electric SE, and Robert Bosch GmbH.

In September 2022, Dahua Technology U.S.A. Inc., a global leader in video-centric intelligent IoT solutions, introduced a novel camera in its Lite Series that provides consumers with more alternatives for nighttime lighting. The VU-MORE Color camera features twin infrared and white-light uplights that are automatically deployed depending on illumination and activity in the scene.

In February 2022, Bosch Security Systems Inc. introduced its innovative M.I.C. I.P. Fusion 9000i 9mm cameras, which provided complete situational information. The additional M.I.C. I.P. fusion 9000i 9mm camera complements the existing M.I.C. I.P. fusion 9000i line-up by providing complete contextual information to perimeter detecting applications, including along a site boundary at an electricity or utility facility, data center, or other high protective installations. Using an innovative method termed metadata fusion, the cameras can combine object identification information from heat and optical streaming video and show it in a single picture.

US Video Surveillance Market Leaders

  1. Dahua Technology Co. Ltd

  2. Hikvision Digital Technology Co. Ltd

  3. Hanwha Techwin

  4. Schneider Electric SE

  5. Robert Bosch GmbH​

*Disclaimer: Major Players sorted in no particular order

US Video Surveillance Market Concentration
Need More Details on Market Players and Competitors?
Download Sample

US Video Surveillance Market News

  • July 2022: Konica Minolta Business Systems U.S.A., Inc. (Konica Minolta) developed a new promotion to raise understanding of its innovative security camera technologies. Its superhero concept echoes the hero/villain dynamic, urging company owners and physical security teams to consider their businesses as communities for which they serve as superheroes and protectors.
  • April 2022: Qognify introduced Qognify VMS, a modern video management framework. It is designed to meet the particular physical security needs of companies all around the globe. Furthermore, it is based on the proven functionality of Qognify's famous video monitoring system Cayuga, which is used in thousands of surveillance systems worldwide.

US Video Surveillance Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Market Drivers

      1. 4.4.1 Diminishing IP Camera Prices, Coupled with Technological Advancements in Analytics and Software

      2. 4.4.2 Emergence of Video Surveillance-as-a-Service (VSaaS) as a Viable Commercial Model

    5. 4.5 Market Challenges

      1. 4.5.1 Privacy and Security Issues

      2. 4.5.2 Need for High-capacity Storage for High-resolution Images

      3. 4.5.3 Restrictions Imposed on Chinese Companies Operating in the United States

    6. 4.6 Market Opportunities

    7. 4.7 Assessment of COVID-19 Impact on the Industry

    8. 4.8 Key Case Studies and Implementation Use-cases for City Surveillance

    9. 4.9 Best Practices Adopted by Key Players in Key Segments

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Cameras

      2. 5.1.2 Video Management Systems and Storage

      3. 5.1.3 Video Analytics

    2. 5.2 End User

      1. 5.2.1 Commercial

      2. 5.2.2 Retail

      3. 5.2.3 National Infrastructure and City Surveillance

      4. 5.2.4 Transportation

      5. 5.2.5 Residential

      6. 5.2.6 Other End Users

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Dahua Technology Co. Ltd

      2. 6.1.2 Robert Bosch GmbH

      3. 6.1.3 Hikvision Digital Technology Co. Ltd

      4. 6.1.4 Hanwha Techwin

      5. 6.1.5 Schneider Electric SE

      6. 6.1.6 Honeywell Security Group

      7. 6.1.7 Panasonic Corporation

      8. 6.1.8 NEC Corporation

      9. 6.1.9 Genetec Inc.

      10. 6.1.10 Axis Communications AB (Canon)

      11. 6.1.11 CP Plus International

      12. 6.1.12 Avigilon Corporation

      13. 6.1.13 Allied Telesis Inc.

      14. 6.1.14 Infinova Corporation

      15. 6.1.15 Palantir Technologies

      16. 6.1.16 Cisco Systems Inc.

      17. 6.1.17 Agent Video Intelligence Ltd

      18. 6.1.18 Verint Systems Inc.

      19. 6.1.19 FLIR Systems Inc.

      20. 6.1.20 Qognify Inc.

    2. *List Not Exhaustive
  7. 7. INVESTMENT ANALYSIS

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

US Video Surveillance Industry Segmentation

Video surveillance systems contain one or more video cameras connected to a network that sends the captured video or audio data to a specific location. The captured images are monitored in real-time or sent to a central location for recording and storage. Many applications, such as crime prevention, industrial process monitoring, and traffic management, are increasingly utilizing video surveillance systems.

The United States Video Surveillance Market study tracks revenues accrued from the sales of four major product categories - Cameras, Video Analytics, Video Management Systems, and Storage Systems. The US Video Surveillance Market is Segmented by Type comprising Cameras, Video Management Systems and Storage, and Video Analytics, and by End Users, including Retail, Commercial, National Infrastructure, and City Surveillance, Transportation, Residential, among others.

The US Video Surveillance Market is Segmented by Type (Cameras, Video Management Systems and Storage, and Video Analytics), End User (Commercial, Retail, National Infrastructure, and City Surveillance, Transportation, and Residential). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Type
Cameras
Video Management Systems and Storage
Video Analytics
End User
Commercial
Retail
National Infrastructure and City Surveillance
Transportation
Residential
Other End Users
Need A Different Region Or Segment?
Customize Now

US Video Surveillance Market Research FAQs

The US Video Surveillance Market size is expected to reach USD 12.34 billion in 2024 and grow at a CAGR of 12.30% to reach USD 22.04 billion by 2029.

In 2024, the US Video Surveillance Market size is expected to reach USD 12.34 billion.

Dahua Technology Co. Ltd, Hikvision Digital Technology Co. Ltd, Hanwha Techwin, Schneider Electric SE and Robert Bosch GmbH​ are the major companies operating in the US Video Surveillance Market.

In 2023, the US Video Surveillance Market size was estimated at USD 10.99 billion. The report covers the US Video Surveillance Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the US Video Surveillance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

The legal considerations for installing video surveillance in the US are a) Signage requirements b) Potential recording limitations depending on location

Video Surveillance in USA Industry Report

The US Video Surveillance Industry is witnessing robust growth, fueled by heightened demand for advanced surveillance solutions across diverse sectors including commercial, military, infrastructure, and residential. This surge is propelled by the shift from analog to IP cameras, enhanced by Internet-of-Things (IoT) integration, which offers real-time surveillance, remote access, and digital zoom capabilities. IP cameras are increasingly favored for large-scale deployments. Additionally, the rise of Video Surveillance-as-a-Service (VSaaS) offers scalable, cost-effective options, and the development of smart cities is creating new opportunities for deploying cutting-edge technologies. The competitive landscape features strategic product launches and mergers to expand market presence and meet the security demands of high-risk areas. For detailed insights into market share, size, revenue growth, and a forecast outlook of the US Video Surveillance Industry, access a free report PDF download from Mordor Intelligence™ Industry Reports.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

US Video Surveillance System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)