The Artificial Intelligence (AI) in Video Surveillance market is rapidly evolving, becoming a critical component in enhancing security and safety across various sectors globally. With a projected Compound Annual Growth Rate (CAGR) of 21.3% from 2025 to 2030, the market is expected to grow significantly, reaching $12.46 billion by 2030 from $3.90 billion in 2024.
The growth of the AI in Video Surveillance market can be attributed to increasing security concerns, advancements in AI technology, and the rising demand for smart surveillance. Key factors influencing this growth include the integration of Internet of Things (IoT) technologies, machine learning advancements, and an increasing reliance on data analytics for decision-making. Additionally, the proliferation of smart city initiatives and the push for automation in surveillance systems are contributing to market expansion.
The Asia Pacific region is expected to witness the highest CAGR during the forecast period, driven by rapid urbanization and smart city developments. Innovations in AI technologies and their integration with IoT and smart home systems are expected to further drive market expansion. Moreover, advancements in hardware and AI chipsets integrated into surveillance cameras are enabling more cost-effective and scalable solutions.
