Surveillance And Security Equipment Market Size 2024-2028
The surveillance and security equipment market size is forecast to increase by USD 47.83 billion at a CAGR of 11.61% between 2023 and 2028.
- The market is experiencing significant growth due to the escalating need to mitigate criminal activities and terrorist attacks. The market is driven by the advent of smart, AI-based surveillance systems that offer enhanced security features and improved efficiency. However, this market faces challenges that require careful navigation for companies seeking to capitalize on its opportunities. Regulatory hurdles impact adoption, as governments and regulatory bodies impose strict guidelines on the use of surveillance technology to protect citizens' privacy. Supply chain inconsistencies also temper growth potential, as the reliance on complex and interconnected supply chains can lead to disruptions and delays.
- To succeed in this market, companies must stay informed of regulatory requirements and invest in robust supply chain management strategies. By addressing these challenges, businesses can capitalize on the market's potential for innovation and growth. The market presents significant opportunities for companies that can provide advanced, privacy-preserving solutions while navigating the complex regulatory landscape and ensuring a reliable supply chain.
What will be the Size of the Surveillance And Security Equipment Market during the forecast period?
- The market is witnessing significant advancements, with technologies such as pan-tilt-zoom (PTZ) cameras, iris scanners, and infrared sensors playing pivotal roles in enhancing security measures. Emergency response systems are increasingly integrating real-time monitoring and incident management capabilities to ensure swift action during critical situations. On-premise storage and cloud storage solutions offer flexibility in data retention, while vulnerability assessments and penetration testing help mitigate data breaches. Security personnel are supplemented by access control systems, including card readers and multi-factor authentication, to strengthen perimeter security. Thermal imaging and 4K resolution or ultra-high definition (UHD) cameras provide enhanced situational awareness, enabling better identification of security threats.
- Infraspection of security compliance and event recording are essential components of a robust security strategy, with gate control systems and door entry systems offering additional layers of access control. Security awareness training and wireless security solutions help maintain a proactive approach to security threats, while high-definition (HD) and 4K resolution cameras offer valuable video evidence for investigative purposes. Active shooter response systems and advanced security measures, such as fingerprint scanners and real-time monitoring, are becoming increasingly important in today's security landscape. Security compliance regulations, such as GDPR and HIPAA, necessitate the adoption of advanced security technologies and practices.
How is this Surveillance And Security Equipment Industry segmented?
The surveillance and security equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- Service
- Commercial
- Residential
- Product
- Video camera
- Alarms
- Access control
- Geography
- North America
- US
- Europe
- Germany
- UK
- APAC
- China
- Japan
- Rest of World (ROW)
- North America
By Service Insights
The commercial segment is estimated to witness significant growth during the forecast period.
The commercial sector's expansion and heightened focus on managing assets and access points effectively have fueled the demand for surveillance and security equipment. This segment encompasses establishments like hotels, restaurants, retail stores, malls, private hospitals, and office complexes. Centralized and flexible security systems enable these entities to monitor and evaluate production processes, manufacturing plants, and factories, safeguarding assets, cargo, and equipment from theft and tampering. Advancements in technology have significantly influenced the security landscape. Deep learning and artificial intelligence (AI) have revolutionized video analytics, enhancing intrusion detection and threat assessment capabilities. Cloud surveillance and remote monitoring services offer real-time access to security data from anywhere, while facial recognition and biometric authentication add an extra layer of security.
Government security and critical infrastructure protection rely on advanced physical security solutions, including access control, perimeter security, and intrusion detection systems. Healthcare security prioritizes data privacy and patient safety, utilizing surveillance software, alarm systems, and monitoring services. Education and financial institutions also invest in security consulting, risk assessment, and smart security solutions to ensure the safety of students and financial assets. Maintenance services and installation services ensure the proper functioning and upkeep of security equipment. The integration of edge computing and video analytics enables real-time data processing and analysis, improving overall security effectiveness. Security training and smart cities initiatives further strengthen the market's growth trajectory.
In summary, the market is driven by the commercial sector's need for cost-effective and centralized security management, coupled with technological advancements and evolving security threats. The market encompasses various applications, including government security, healthcare security, industrial security, financial security, transportation security, and retail security, among others.
The Commercial segment was valued at USD 40.41 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 48% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market in APAC is experiencing significant growth due to urbanization and industrialization in countries like China and India. Beijing, China, is a global leader in the deployment of public surveillance and security equipment. In developed countries such as Japan, South Korea, and Australia, the adoption of advanced security solutions is driven by the technological maturity of industries and the priority placed on citizen safety. In emerging economies, increasing household incomes and urbanization have heightened the demand for high-quality security systems. Smart cities, a growing trend in APAC, are integrating advanced security technologies such as artificial intelligence (AI), machine learning, and biometric authentication into their infrastructure.
Security consulting services, risk assessment, and threat assessment are essential components of the market, ensuring the effective implementation of security systems. Physical security solutions, including access control, perimeter security, and alarm systems, are being augmented by cloud surveillance, remote monitoring, and video analytics. The market is also witnessing the integration of security services with data privacy and cybersecurity, as concerns over data breaches and financial security grow. The transportation sector is a significant end-user, with the need for advanced security systems to safeguard critical infrastructure and ensure public safety. The market is further propelled by the adoption of edge computing and the increasing popularity of IP cameras and motion detection technology.
Security training and maintenance services are crucial to ensure the optimal performance of these systems. Overall, the market in APAC is dynamic and evolving, driven by technological advancements and the growing need for robust security solutions.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the Surveillance And Security Equipment market drivers leading to the rise in the adoption of Industry?
- To effectively address criminal activities and terrorist threats, there is a significant demand in the market for solutions and services that enhance security and mitigate risks. This requirement is the primary driver of market growth in this sector.
- The global security landscape is facing an escalating threat from criminal and terrorist activities. With the rise in geopolitical instabilities and territorial conflicts, the need for advanced surveillance and security solutions has become imperative. In response, the market for commercial security equipment is experiencing significant growth. This includes intrusion detection systems, video analytics, and video surveillance with night vision capabilities. These solutions are essential for threat assessment and physical security in various sectors such as retail, hospitals, airports, ports, railway stations, hotels, and malls. Governments worldwide are imposing stringent regulations mandating the installation of these systems in public locations to ensure public safety.
- The deployment of smart security solutions, including installation services, is crucial to mitigate the risks of intrusion, theft, and terrorism. The use of advanced technologies like video analytics enhances the capabilities of these systems, enabling real-time threat detection and response. The market for commercial security equipment is expected to continue its growth trajectory due to the increasing demand for advanced security solutions. The integration of these systems with other physical security solutions, such as access control and alarm systems, further enhances their effectiveness. The focus on providing comprehensive security solutions is a key trend driving the market's growth.
What are the Surveillance And Security Equipment market trends shaping the Industry?
- The emergence of advanced AI-driven surveillance systems is currently shaping market trends. This technological innovation offers enhanced security capabilities and efficiency.
- The market is experiencing significant growth due to the integration of advanced technologies such as deep learning and AI. AI brings automation to surveillance, enabling real-time analysis of large volumes of data for intelligent insights. For instance, Intel's Movidius uses deep learning to make surveillance proactive by detecting unattended objects and monitoring behavior. Security audits and risk assessments are crucial in various sectors, including government security, healthcare, and residential security. AI-based surveillance enhances object recognition and tracking, reducing false alarms and improving monitoring efficiency.
- Cloud surveillance solutions offer flexibility and scalability, allowing remote monitoring and maintenance services. Partnerships between technology companies and companies like Hangzhou Hikvision Digital Technology and Dahua Technology will increase the adoption of AI-based surveillance. Overall, the integration of AI and physical security solutions is transforming the industry, providing more effective and intelligent security solutions.
How does Surveillance And Security Equipment market faces challenges face during its growth?
- Privacy concerns represent a significant challenge to the expansion of various industries. It is essential for businesses to address these issues effectively to maintain consumer trust and comply with regulations.
- Surveillance and security equipment play a crucial role in ensuring financial security, transportation safety, and industrial protection. However, their implementation raises concerns regarding data privacy. Extensive use of security systems, including alarm systems, security cameras, and artificial intelligence (AI) with machine learning, can potentially invade individuals' privacy. Governments and organizations must obtain consent before monitoring private areas, such as offices and apartments.
- The right to anonymity is a constitutionally protected right that could be infringed upon by extensive surveillance. For instance, individuals visiting sensitive facilities like infertility clinics or seeking mental health services may prefer to remain anonymous. Balancing the need for security with privacy is essential to maintain trust and respect for individuals' fundamental rights.
Exclusive Customer Landscape
The surveillance and security equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the surveillance and security equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, surveillance and security equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Aiphone Corp. - The company specializes in providing advanced surveillance solutions, featuring High Definition PTZ Cameras, VB R cameras, and VB S cameras. These cutting-edge security equipment offer superior image quality and versatility, enhancing situational awareness and ensuring safety. PTZ Cameras provide pan-tilt-zoom functionality, enabling remote control and extensive coverage. VB R cameras boast robust design and reliable performance in various lighting conditions. VB S cameras deliver sharp images with high sensitivity, making them ideal for low-light environments. By integrating these innovative technologies, the company empowers clients to monitor and secure their assets effectively.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Aiphone Corp.
- Allegion Public Ltd. Co.
- Canon Inc.
- Cisco Systems Inc.
- Costar Video Systems
- CP PLUS International
- Dahua Technology Co. Ltd.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Hanwha Corp.
- Honeywell International Inc.
- Johnson Controls International Plc.
- Motorola Solutions Inc.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Schneider Electric SE
- Sony Group Corp.
- Teledyne Technologies Inc.
- Tiandy Technologies Co. Ltd.
- Zicom SaaS Pvt. Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Surveillance And Security Equipment Market
- In January 2024, Hikvision, a leading global supplier of security products and solutions, unveiled its latest AI-powered surveillance camera series, the DeepIN series. This innovative product line incorporates advanced deep learning algorithms to enhance facial recognition capabilities and improve overall security efficiency (Hikvision Press Release, 2024).
- In March 2025, Bosch Security Systems and Google Cloud announced a strategic partnership to integrate Google Cloud's AI and machine learning capabilities with Bosch's video surveillance solutions. This collaboration aims to improve video analytics and enable real-time threat detection (Bosch Press Release, 2025).
- In June 2024, Honeywell International completed the acquisition of Elster, a global leader in energy and utility technologies. This strategic move expanded Honeywell's offerings in the energy management sector, enhancing its surveillance and security equipment portfolio with advanced metering infrastructure and smart grid solutions (Honeywell Press Release, 2024).
- In October 2025, the European Union passed the new Surveillance Technology Regulation, which sets strict guidelines for the design, deployment, and use of surveillance technology. The regulation aims to protect privacy while ensuring public safety, marking a significant shift in the market landscape (European Parliament Press Release, 2025).
Research Analyst Overview
The market continues to evolve, driven by the ever-increasing need for advanced security solutions across various sectors. Deep learning technologies and security audits play a crucial role in enhancing security integration, ensuring the effective implementation of government security measures. Cloud surveillance and healthcare security are two significant applications, with data privacy being a primary concern. Maintenance services and remote monitoring enable continuous system performance, while risk assessment and surveillance software provide valuable insights for threat mitigation. Physical security solutions, including alarm systems and security systems, remain essential components, complemented by access control and biometric authentication.
Financial security, transportation security, and education security also benefit from these advancements. Artificial intelligence (AI) and machine learning are revolutionizing the industry, with applications in security consulting, edge computing, and smart cities. Perimeter security, motion detection, and intrusion detection are key areas of focus, with video analytics and night vision technologies providing enhanced capabilities. The ongoing integration of these solutions in commercial security, retail security, and critical infrastructure ensures a dynamic and evolving market landscape.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Surveillance And Security Equipment Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
183 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.61% |
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Market growth 2024-2028 |
USD 47.83 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
10.19 |
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Key countries |
US, China, Germany, Japan, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Surveillance And Security Equipment Market Research and Growth Report?
- CAGR of the Surveillance And Security Equipment industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the surveillance and security equipment market growth of industry companies
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