Video Surveillance Market size was over USD 61.94 billion in 2024 and is anticipated to cross USD 283.1 billion by 2037, witnessing more than 12.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of video surveillance is assessed at USD 68.08 billion.
The growth can be primarily accredited to the increasing rate of crime incidents. The United States had a violent crime rate of 395.7 incidents per 100,000 people in 2021.
The deployment of IP security cameras in the government sector has increased the demand for video surveillance. In order to enhance community safety and an alternative response framework, 40% of police agencies will reportedly use digital technologies by 2022, according to an estimation by the International Data Corporation (IDC).
Author Credits: Abhishek Verma
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