PUBLISHER: 360iResearch | PRODUCT CODE: 1464814
PUBLISHER: 360iResearch | PRODUCT CODE: 1464814
[197 Pages Report] The City Surveillance Systems Market size was estimated at USD 15.63 billion in 2023 and expected to reach USD 16.71 billion in 2024, at a CAGR 7.34% to reach USD 25.67 billion by 2030.
City surveillance systems refer to a comprehensive network of monitoring devices and technologies implemented across urban areas to enhance public safety, prevent crime, and ensure the efficient operation of city services. City surveillance systems involve deploying various components, including video cameras, sensors, and analytical software strategically placed throughout the city in public spaces such as parks, streets, and around critical infrastructure and buildings. The expansion of urban areas and infrastructure development and an increased focus on ensuring safety and security are primary drivers for the growth of the city surveillance systems market. The rising global crime rates and terrorism threats lead to concerns about security and safety, emphasizing the need for enhanced city surveillance systems, further driving city surveillance systems market growth. However, cybersecurity threats and associated technological limitations hinder the adoption of city surveillance systems. Integrating city surveillance systems with the Internet of Things (IoT) and smart technologies represents a significant opportunity for growth in the city surveillance systems market. This convergence enables enhanced real-time monitoring and data analysis capabilities, improving public safety and more efficient city management.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 15.63 billion |
Estimated Year [2024] | USD 16.71 billion |
Forecast Year [2030] | USD 25.67 billion |
CAGR (%) | 7.34% |
Component: Increasing demand for software components in city surveillance systems to efficiently process and interpret large amounts of video data
Cameras serve as the eyes of the city surveillance system, capturing real-time video feeds from multiple locations. Monitors & display devices are used to view the live footage or recorded videos captured by the cameras, allowing surveillance personnel to monitor activities. Networking equipment includes routers, switches, and other devices facilitating video data transmission across networks, ensuring seamless connectivity between cameras and control centers. Storage servers store the vast amounts of video data captured by cameras, providing archives for future reference or analysis. Integration services involve the seamless installation and configuration of city surveillance systems, ensuring all components work together effectively.
Maintenance services encompass ongoing support and repair services to ensure the surveillance system functions optimally, covering hardware maintenance and software updates. Analytics software applies algorithms to video footage to detect patterns, count people or vehicles, recognize license plates, and more, providing valuable insights. Control centers & command & control software facilitate centralized surveillance system management, allowing operators to control cameras, view live feeds, and manage alarms from a single interface. Video management software (VMS) is crucial for organizing, storing, and accessing video footage, offering features such as playback, live viewing, and event tagging for easy investigation.
Application: Widening adoption of city surveillance systems to monitor public areas
City surveillance systems monitor and safeguard vital installations such as power plants, water treatment facilities, and transportation hubs against sabotage, terrorism, or accidental damage, helping maintain public service continuity. In areas prone to large gatherings, city surveillance helps to oversee crowd density and movements, enabling prompt action to prevent stampedes, organize evacuations, or manage large events safely. City surveillance systems assist emergency responders in assessing situations accurately and deploying resources effectively, enhancing the speed and efficiency of their response by providing real-time visual information. City surveillance systems are pivotal in immediately detecting unusual activities or crimes, allowing for quick response from authorities to mitigate damages or apprehend perpetrators. In secured zones such as governmental buildings or sensitive areas, city surveillance systems ensure unauthorized access is detected promptly, reinforcing the security of these perimeters against intrusion. Surveillance systems significantly aid law enforcement agencies in crime prevention, investigation, and gathering evidence, contributing to public safety and order maintenance. City surveillance systems facilitate traffic management, reduce congestion, and enhance road safety by monitoring real-time road conditions, traffic flow, and incidents.
Regional Insights
In the Americas, there is a high focus on enhancing public safety and reducing crime rates, especially in major urban centers. The United States and Canada are implementing advanced surveillance technologies, incorporating AI and machine learning for real-time crime detection and traffic management, driving the growth of the city surveillance systems market. The city surveillance systems market in the Asia-Pacific region is showcasing rapid growth, primarily due to the swift urbanization in countries including China, India, and Southeast Asia. Governments are investing in smart city projects, of which city surveillance is critical. The focus is not only on crime prevention but also on traffic management, crowd control during large events, and disaster response. Adopting advanced technologies such as facial recognition and big data analytics is particularly notable in Asia-Pacific. In the EMEA region, the approach to city surveillance varies significantly across different countries, owing to the need for safety, security, and surveillance. The collected data from sensors and cameras aids in traffic management and developing efficient transportation systems. European countries implement regulations that balance public security with privacy rights, with GDPR being a prime example. The Middle East showcases market growth driven by government-led initiatives to ensure high-level security in urban areas, incorporating advanced surveillance tech. The city surveillance systems market in Africa is experiencing steady growth, driven by increasing urbanization, an increased focus on public safety, and the adoption of smart city initiatives.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the City Surveillance Systems Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the City Surveillance Systems Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the City Surveillance Systems Market, highlighting leading vendors and their innovative profiles. These include Avigilon Corporation by Motorola Solutions Inc., Axon Enterprise, Inc., Canon Group, Cisco Systems, Inc., CP Plus by Aditya Infotech Limited, Dahua Technology Co. Ltd, Genetec Inc., HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO. LTD, Hanwha Vision CO., LTD. by Hanwha Corporation, Honeywell International Inc., Huawei Technologies Co., Ltd., Irisity AB publ., LG Electronics Inc, NEC Corporation, NICE Ltd., Panasonic Corporation, Qognify Inc. by Hexagon AB, Siemens AG, Sony Corporation, The Infinova Group, Tyco International by Johnson Controls, Verint Systems Inc., VIVOTEK Inc., Zhejiang Uniview Technologies Co., Ltd., and ZTE Corporation.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the City Surveillance Systems Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the City Surveillance Systems Market?
3. What are the technology trends and regulatory frameworks in the City Surveillance Systems Market?
4. What is the market share of the leading vendors in the City Surveillance Systems Market?
5. Which modes and strategic moves are suitable for entering the City Surveillance Systems Market?