Global Video Surveillance Market: Trends Driving the Next Wave of Smart Security
A Rapidly Growing Industry with Huge Potential The global video surveillance market isn’t just big it’s exploding . Industry research shows that the market is expected to grow from around USD 73 billion in 2024 to nearly USD 148 billion by 2030 , with a strong annual growth rate of over 12% . What’s driving this growth? Security concerns are rising everywhere from businesses and city streets to homes and transportation hubs. Technological breakthroughs like cloud storage, AI analytics, and high-definition cameras are making systems smarter and more powerful. Smart infrastructure and IoT (Internet of Things) are connecting cameras with other data sources to create real-time, actionable insights not just footage. What Makes Modern Surveillance So Powerful? Gone are the days when video systems just recorded footage for later viewing. Today’s surveillance technology does much more: AI-Driven Intelligence Smart sy...