Global AI Surveillance Camera
Market Report
2024
AI surveillance Camera market will be USD XX billion in 2023 and expand at a compound annual growth rate (CAGR) of 23.10% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global AI surveillance Camera market will be USD XX billion in 2023 and expand at a compound annual growth rate (CAGR) of 23.10% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global AI Surveillance Camera Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 23.1% |
Middle East and Africa AI Surveillance Camera Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.8% |
North America AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.3% |
United States AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.1% |
Canada AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.1% |
Mexico AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.8% |
Europe AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.6% |
Germany AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.8% |
United Kingdom AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.4% |
France AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.8% |
Italy AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21% |
Russia AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.6% |
Spain AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.7% |
South America AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.5% |
Brazil AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 23.1% |
Argentina AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 23.4% |
Colombia AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.3% |
Asia Pacific AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.6% |
India AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 26.9% |
Japan AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 23.6% |
South Korea AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.2% |
Australia AI Surveillance Camera Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.8% |
Market Split by Type |
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Market Split by End-user |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of AI Surveillance Camera industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
AI Surveillance Camera Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An AI surveillance camera employs artificial intelligence to analyze and interpret visual information in real-time. It autonomously detects and tracks objects, individuals, or events, enhancing security by providing proactive monitoring and alerts. The growing security concerns, rise in crime rates, continuous advancements in technology, increasing trend toward smart city projects globally, governments investing in public safety, growing demand in transportation systems, integration in IoT, rising focus on health and safety compliance in various industries, the rise of cloud-based solutions, and growing consumer awareness are the major factors influencing the growth of Ai Surveillance Camera Market.
For instance, in June 2023, Milestone Systems announced its latest product, XProtect 2023 R2, an upgraded software launched to meet the demands of Video Management Software (VMS) users.
Source-www.milestonesys.com/company/news/press-releases/2023-r2/
The increasing integration of AI in surveillance systems is providing growth in the market. AI-powered surveillance systems enable advanced video analytics, facial recognition, and behavior analysis, significantly improving threat detection and response times. These technologies reduce false alarms, enhance object tracking, and provide intelligent alerts, revolutionizing traditional surveillance. The increasing demand for smart and automated security solutions, coupled with the ability of AI to process vast amounts of data in real time, fuels the growth of the AI surveillance camera market. They are integrating AI augments surveillance capabilities, making it a pivotal technology for safeguarding diverse environments.
For instance, Spot Al introduced an Al-driven camera system for video editing in October 2021. The company unveiled a video analytics solution backed by a Series A funding round of $22 million from Redpoint Ventures and Bessemer Venture Partners.
Source-www.spot.ai/blog/spot-ai-launches-ai-powered-camera-system-to-change-how-businesses-use-video
Privacy concerns hinder the growth of the market. As these cameras leverage advanced technologies like facial recognition and behavioral analysis, there's a growing apprehension regarding the potential misuse and invasion of personal privacy. Individuals fear unwarranted surveillance, leading to a loss of autonomy and the possibility of their sensitive data falling into the wrong hands. This heightened awareness has triggered debates around the ethical implications of widespread AI surveillance, prompting regulatory scrutiny and public resistance, hindering the market's growth. Balancing technological innovation with privacy safeguards is crucial to addressing these concerns and fostering societal acceptance of AI surveillance solutions.
The COVID-19 pandemic affected the AI surveillance Camera market significantly. The increased focus on public safety during the pandemic has boosted demand for advanced surveillance solutions. The heightened awareness of the need for contactless monitoring and social distancing enforcement further accelerated the adoption of AI-powered cameras. The market shifted towards innovative features like facial recognition and crowd monitoring to enhance safety measures. Despite challenges, the AI surveillance camera market adapted to the evolving landscape, showcasing resilience and potential for sustained growth in the post-pandemic era.
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The major players focus on innovation, advanced analytics, and strategic partnerships to gain an edge. Rising demand for intelligent video analytics and security applications fuels the market's growth, fostering intense competition.
(Source: www.iot-now.com/2023/05/15/130453-dahua-releases-acupick-technology-for-accurate-video-search/)
Top Companies Market Share in AI Surveillance Camera Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global AI Surveillance Camera Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing AI Surveillance Camera Industry growth. AI Surveillance Camera market has been segmented with the help of its Type, End-user , and others. AI Surveillance Camera market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, image/ face recognition held the major market share over the forecast period. Its cameras utilize advanced algorithms to identify and authenticate individuals based on facial features captured in real-time. This technology finds extensive applications in security systems, access control, and public safety.
Speech/voice recognition is the fastest-growing category over the forecast period. These cameras leverage AI to analyze and interpret spoken words, enabling audio surveillance and real-time event detection. This type is valuable in scenarios where identifying specific vocal patterns or detecting unusual sounds is crucial for security purposes.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of AI Surveillance Camera Industry. Request a Free Sample PDF!
According to Cognitive Market Research, BFSI holds a prominent market share. In the BFSI domain, AI-powered surveillance cameras are instrumental in bolstering security measures and ensuring the protection of sensitive financial assets and customer data. The technology aids real-time threat detection, fraud prevention, and overall risk management.
The government & defense is the fastest-growing category over the forecast period. AI surveillance cameras are crucial in enhancing public safety and safeguarding critical infrastructure. These cameras are deployed for monitoring public spaces, borders, and government facilities, providing advanced threat identification capabilities.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the AI Surveillance Camera market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominated the market in 2023. It accounted for around 40% of the global revenue, owing to the region's technological advancements and a growing demand for security solutions. The United States and Canada are key contributors to the regional market, with increased investments in smart city initiatives and the adoption of advanced surveillance systems. The market is propelled by integrating AI technologies like facial recognition and video analytics, enhancing security capabilities. The robust presence of key players and a high awareness of the benefits of AI-based surveillance fuels market growth. Stringent regulations and a proactive approach to public safety further support the expansion of North America's AI surveillance camera market.
Europe is the fastest-growing category due to the region's increasing security concerns and technological advancements. The stringent regulatory environment influences market dynamics, emphasizing data privacy and security. Integration of facial recognition and video analytics for public safety and urban planning is prominent in major cities. Additionally, collaborations between technology firms and government bodies contribute to market expansion. The European AI surveillance camera market is characterized by a competitive landscape focusing on innovation, ensuring its relevance in addressing evolving security challenges across the region.
The current report Scope analyzes AI Surveillance Camera Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global AI surveillance Camera market size was estimated at USD XX Billion, out of which the Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 22.8% from 2023 to 2030 due to rising security concerns, urbanization, and technological advancements. Increasing demand for smart city initiatives and a growing need for advanced video analytics fuels the market growth. Enhanced features such as facial recognition and object detection contribute to adopting AI-based surveillance systems. Additionally, government initiatives to enhance public safety and infrastructure development further drive the market in the region. Key segments include facial recognition, object detection, and video analytics, enhancing overall surveillance capabilities. Demand is rising across government, retail, and critical infrastructure industries.
According to Cognitive Market Research, the global Ai Surveillance Camera market size was estimated at USD XX Billion, out of which North America held the major market of more than 40% of the global revenue with market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 21.3% from 2023 to 2030 due to the increasing demand for advanced security solutions, rising awareness of the benefits of AI-powered surveillance, and a surge in smart city initiatives. Additionally, advancements in facial recognition technology, integration of AI algorithms for real-time threat detection, and the need for efficient monitoring solutions further fuel the expansion of North America's AI surveillance camera market. Key segments, including facial recognition, object detection, and smart analytics, are witnessing substantial demand. Rising commercial, residential, and government adoption is fueling market expansion. Innovations in AI algorithms enhance surveillance capabilities, propelling market players to invest in research and development.
According to Cognitive Market Research, with a market value of USD XX billion in 2023 and projected to expand at a compound annual growth rate (CAGR) of 21.6% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD XX billion due to the growing demand for real-time monitoring, enhanced video analytics, and the integration of AI for intelligent threat detection. The push for smart city initiatives, coupled with regulatory support, is fueling market expansion. Additionally, the bolstering awareness of the benefits of AI-powered surveillance systems, such as improved public safety and crime prevention, further accelerates regional market growth. Key segments include facial recognition, object detection, and behavioral analysis, enhancing security and operational efficiency. Growing investments in smart city initiatives and the need for proactive security measures contribute to the expanding market. European countries are adopting AI-powered surveillance systems for public safety and asset protection.
According to Cognitive Market Research, the global AI surveillance Camera market size was estimated at USD XX Billion, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2023 to 2030 due to the region's increasing security concerns, urbanization, and technological advancements. Rising crime rates, government initiatives for public safety, and the need for advanced monitoring solutions contribute to the market's expansion. Additionally, the influencing awareness of the benefits of AI-powered surveillance systems, such as real-time analysis and enhanced threat detection, further fuels demand. The convergence of artificial intelligence and video analytics is a key driver, propelling the market forward in the region. Key segments include government and public facilities, retail, and residential sectors. Integrating AI features enhances overall surveillance effectiveness, fostering market adoption. The region's evolving security landscape and technological advancements contribute to the market's promising outlook, with a focus on improving public safety and minimizing security risks
According to Cognitive Market Research, the global AI surveillance Camera market size was estimated at USD XX Billion, out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 25.1% from 2023 to 2030 due to the region's increasing security concerns, urbanization, and technological advancements. Demand for real-time monitoring, facial recognition, and video analytics fuels market expansion. Government initiatives to enhance public safety and the growing adoption of smart city solutions further propel the market. The integration of artificial intelligence enhances video surveillance capabilities, making it a key driver in the region's evolving security landscape. Key segments such as facial recognition, object detection, and behavior analytics are experiencing significant adoption. Governments, businesses, and public spaces are embracing AI-powered surveillance systems for enhanced security and efficiency.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global AI Surveillance Camera Market is witnessing significant growth in the near future.
In 2023, the Image/Face Recognition segment accounted for noticeable share of global AI Surveillance Camera Market and is projected to experience significant growth in the near future.
The BFSI segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Samsung Electronics Google LLC , LG Electronics and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Image/Face Recognition, Speech/Voice Recognition, Computer Vision, Others |
End-user | BFSI, Government & Defense, Manufacturing & Construction, Healthcare, Logistics & Transportation, Others |
List of Competitors | Samsung Electronics Google LLC, Xiaomi Inc., LG Electronics, Sony Corporation, Honeywell International, Huddly AS., Nikon Corporation, Fujitsu Ltd, Hik Vision, Huawei Technology Co Ltd, Canon Inc. |
This chapter will help you gain GLOBAL Market Analysis of AI Surveillance Camera. Further deep in this chapter, you will be able to review Global AI Surveillance Camera Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America AI Surveillance Camera Market Trends North America AI Surveillance Camera Technological Road Map North America AI Surveillance Camera Market Drivers North America AI Surveillance Camera Market Restraints North America AI Surveillance Camera Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-user Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global AI Surveillance Camera market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Image/Face Recognition have a significant impact on AI Surveillance Camera market? |
What are the key factors affecting the Image/Face Recognition and Speech/Voice Recognition of AI Surveillance Camera Market? |
What is the CAGR/Growth Rate of BFSI during the forecast period? |
By type, which segment accounted for largest share of the global AI Surveillance Camera Market? |
Which region is expected to dominate the global AI Surveillance Camera Market within the forecast period? |
Segmentation Level Customization |
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Company Level |
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Additional Data Analysis |
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Additional Quantitative Data |
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