The rising concern for public safety and security and rising demand for technologically advanced surveillance systems, is expected to drive market expansion in the near future at a CAGR of 15.20% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a half cooked research report on the “AI CCTV Market” that contains the information from 2023 to 2032.

Market Research Future (MRFR) has published a cooked research report on the “Global AI CCTV Market” that contains information from 2018 to 2032. The AI CCTV market is estimated to register a CAGR of 15.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global AI CCTV market— Axis Communications Ab, Bosch Security Systems GmBH (Robert Bosch GmBH), D-Link Corporation, Eagle Eye Networks, xHangzhou Hikvision Digital Technology Co., Ltd., Hanwha Techwin., Panasonic Corporation, Swann, FLIR Systems, Inc., VIVOTEK INC

Market Highlights

The global AI CCTV market is accounted to register a CAGR of 15.20% during the forecast period and is estimated to reach USD 54.0 Billion by 2032.

The AI CCTV market is being driven by several factors, including increasing concerns over security and safety, advancements in computer vision and deep learning technologies, demand for real-time video analytics and object recognition, improved surveillance capabilities, cost-effective solutions, and integration with other smart systems such as smart cities and smart homes.

Segment Analysis

The global AI CCTV market has been segmented based offering, camera type, deployment and end user.

On the basis of offering, the market is segmented into managed hardware (modules, monitor, storage, others), software, and services. In 2022, the software segment will rule the world market. This is a result of various factors, including as the rise in worries about public safety and security and the demand for technologically advanced surveillance systems.

Based on camera type, the global AI CCTV market has been segmented into PTZ camera, dome camera, bullet camera, box camera, and others. In 2022, the dome camera segment dominated the world market. This can be attributed to the world-class features of the AI dome CCTV camera, which allow it to perform far better than other cameras.

Based on deployment, the global AI CCTV market has been segmented into cloud-based and on-premise. In 2022, the cloud-based category was the largest worldwide. The increase in demand for AI CCTVs globally and their trustworthy implementation using cloud-based storage account for this.

Based on end user, the global AI CCTV market has been segmented into residential, commercial, and industrial. In 2022, the commercial segment ruled the global AI CCTV market. This is a result of both developed and emerging countries' growing commercial demand for AI CCTV modules.

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Regional Analysis

The global AI CCTV market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe AI CCTV market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The AI CCTV market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World AI CCTV market comprises of Middle East, Africa, and Latin America.

The largest market share for AI CCTV was maintained by the North American regional sector. This is a result of a number of factors, including the rise in public security and safety worries and the demand for highly advanced monitoring equipment. The widespread use of AI CCTV equipment in the region, which is driven by the need to maintain personal and domestic security, serves as additional support for this.

Moreover, the Europe accounted for the healthy market share in 2022. It is anticipated that a key factor driving growth in Europe would be the growing application of AI and machine learning in the industrial sector.

Additionally, Asia Pacific market has been fastest growing over the forecast period. This is a result of a number of factors, including growing public security and safety worries and rising demand for highly advanced monitoring equipment. Additionally, the most market share was held by China's AI CCTV market.

Furthermore, the rest of the world's AI CCTV market is divided into the Middle East, Africa, and Latin America. In Latin America and the Middle East Africa regions, the AI CCTV market is driven by growing urbanization, rising security threats, government initiatives for public safety, increasing adoption of smart city technologies, and the need for advanced video surveillance solutions to combat crime and ensure safety.

Key Findings of the Study

• The global AI CCTV market is expected to reach USD 54.00 Billion by 2032, at a CAGR of 15.20% during the forecast period.


• The Asia Pacific accounted for the fastest-growing global market. Due to the growing public security and safety worries and rising demand for highly advanced monitoring equipment. Additionally, the most market share was held by China's AI CCTV market.


• Based on offering, the software sector segment was attributed to holding the largest market share.


• Axis Communications Ab, Bosch Security Systems GmBH (Robert Bosch GmBH), D-Link Corporation, Eagle Eye Networks, xHangzhou Hikvision Digital Technology Co., Ltd., Hanwha Techwin., Panasonic Corporation, Swann, FLIR Systems, Inc., VIVOTEK INC