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Video Surveillance Market Share

Report ID: GMI10380
Published Date: Jul 2024
Report Format: PDF

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Video Surveillance Market Share

Hikvision and Dahua Technology collectively held a significant share of the video surveillance industry in 2023. Hikvision is a leading provider in the video surveillance industry, renowned for its innovative security solutions and advanced surveillance technologies. Founded in 2001 and headquartered in Hangzhou, China, the company specializes in the development & manufacturing of a wide range of video surveillance products including IP cameras, analog cameras, video management systems, and advanced analytics solutions.

Dahua Technology is a leading global provider of video surveillance solutions, renowned for its innovation & advanced technology in the security industry. Established in 2001, the company specializes in developing high-quality video surveillance products including cameras, recording equipment, and integrated security systems.

Video Surveillance Market Companies

Major players operating in the video surveillance industry are:

Hikvision
Dahua Technology
Axis Communications
Bosch Security Systems
Hanwha Techwin
Avigilon (Motorola Solutions)

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size of video surveillance reached USD 53.8 billion in 2023 and will exhibit 5% CAGR from 2024 to 2032, attributed to increasing concerns over security and safety, coupled with technological advancements like AI and analytics.

The hybrid video surveillance systems segment will witness 10% CAGR through 2032, due to its versatility and capability to integrate both analog and IP cameras.

North America market will reach USD 35 billion by 2032, fueled by the early adoption of advanced surveillance technologies, coupled with significant investments in smart city initiatives and critical infrastructure protection.

Hikvision, Dahua Technology, Axis Communications, Bosch Security Systems, Hanwha Techwin, and Avigilon (Motorola Solutions), among others.