Security surveillance, the act of monitoring a certain activity, place, or person for safety reasons, is a growing market. Technology plays a major role in enhancing security and surveillance capabilities by offering many increasingly technical solutions, such as alarms, access control devices, and video surveillance. In 2023, the video surveillance market is projected to be worth 62.6 billion U.S. dollars, with infrastructure applications forecast to make up over 36 percent of the global market.
Smart home refers to a house in which interconnected devices and home appliances are performing certain actions in order to save money, time, and energy. Security and control systems have been among the most popular smart home devices over the last few years. A smart home can integrate the security alarm into a complex system in which other actions are performed, such as blocking exits or providing access to surveillance footage via the Internet. Overall, the smart home security market is forecast to grow to over 30 billion U.S. dollars worldwide by 2023.
Artificial intelligence (AI) technology, hardware or software that can replicate "human" behaviors such as learning and problem solving, is rapidly being implemented around the world. In the AI surveillance space, technologies and solutions involved include smart city or safe city platforms, facial recognition systems, and smart policing. A growing number of countries are deploying these AI surveillance tools to monitor and track citizens, although experts have raised questions as to how lawful some of the methods may be.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.
In the following 6 chapters, you will quickly find the 32 most important statistics relating to "Security & surveillance technology".