Report: 2025 Video Surveillance Market Set to Grow After Small Decline in 2024

  • Jul 08, 2025

Novaira Insights has unveiled its latest report, “World Market for Video Surveillance Hardware and Software – 2025 Edition.”

The research indicates that the global market for video surveillance hardware and software experienced a slight decline of 0.3% in 2024. This performance fell short of previous forecasts, primarily due to a significant decrease of 7.8% in the Chinese market. Conversely, the rest of the world saw a growth of 4.9%. The global market for video surveillance equipment was estimated to be worth $25.0 billion in 2024.

The Chinese market’s downturn is linked to reduced government spending on video surveillance, which had been redirected towards COVID-19 response and economic support during lockdowns in 2022, the government funding and focus on the surveillance industry has not returned to pre-COVID levels. Novaira insights has revised down its forecasts compared with previous years for the Chinese market and we are pessimistic regarding its ability to return to a high growth market.

Outside of China, revenue growth in 2024 also fell short of earlier forecasts. A key factor was geopolitical developments and elections in several countries—including India, the United States, Mexico, France and Germany—which led to disruption to government project spending and budgetary cycles. However, long-term prospects for the global market excluding China remain strong, with growth expected to accelerate through the rest of the decade.

The report forecasts a compound annual growth rate (CAGR) of 8.1% for the global market excluding China from 2024 to 2029. This growth is driven by robust expansion in emerging markets such as India, Latin America, and the Middle East, along with increased demand for cloud solutions in established markets like North America and Western Europe.

The macro trends identified in the report include the transition to cloud technology and the rise of artificial intelligence (AI) in video surveillance. The USA and Canadian markets are leading the shift towards cloud-based solutions, with significant growth in recurring cloud video management software revenues. Additionally, AI technologies are enhancing video analytics performance, approaching a majority of new camera shipments to include deep learning powered video analytics capabilities on their embedded chipsets. This plus the renewed drive towards system wide intelligent automation is propagating AI use across surveillance systems.

Featured

  • Bringing it Together

    Public safety communications have long been used to help first responders save lives and to help keep first responders safe, improve response time, and enhance interagency coordination. These communication solutions may include mobile (5G), radio telecommunication and mass notification systems. Read Now

  • Exploring the Future of Video

    AI innovation is rapidly transforming video security. Edge-based AI centered on object detection excels at detecting people and vehicles to alert to threats like brandished guns or perimeter breaches. However, the onus is on the user to gather more details to fully understand the situation. Read Now

  • Allegion, Comfort Technologies Implement Mobile Credentials at the Artisan Apartment Homes in Florida

    Artisan Apartment Homes, a luxury apartment complex in Dunedin, Florida, recently transitioned from mechanical keys to electronic locks and centralized system software with support from Allegion US, a leading provider of security solutions, technology and services, and Florida-based Comfort Technologies, which specializes in deploying multifamily access control, IoT devices and software management solutions. Read Now

  • Mall of America Deploys AI-Powered Analytics to Enhance Parking Intelligence

    Mall of America®, the largest shopping and entertainment complex in North America, announced an expansion of its ongoing partnership with Axis Communications to deploy cutting-edge car-counting video analytics across more than a dozen locations. With this expansion, Mall of America (MOA) has boosted operational efficiency, improved safety and security, and enabled more informed decision-making around employee scheduling and streamlining transportation for large events. Read Now

  • Security Industry Association Launches New “askSIA” AI Tool

    The Security Industry Association (SIA) has unveiled a brand-new SIA member benefit – askSIA, a conversational AI agent designed to help users get the most out of their SIA membership, easily access SIA resources and find the latest information on SIA’s training and courses, reports and publications, events, certification offerings and more. SIA members can easily find askSIA by visiting the SIA homepage or looking for the askSIA icon in the top left of webpages. Read Now

    • Industry Events
Most   Popular

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.