United Kingdom Video Surveillance Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 4.5% from 2023 to 2033
• The UK Video Surveillance Market Size is expected to reach a significant share by 2033

United Kingdom Video Surveillance Market is anticipated to hold a significant share by 2033, at a CAGR of 4.5% during the forecast period 2023-2033.

Market Overview

Using security cameras to keep an eye on and document conduct at a particular area or site for safety, security, or monitoring is known as video surveillance. Live footage from security cameras can be captured for later viewing or viewed in real-time. Another name for video surveillance is CCTV. Analog or digital cameras are available, and there are many features to choose from, including resolution, frame rate, color type, and more. It works around the clock, both inside and outside the structure, and is only intended to record movement when required. Cameras used for surveillance could be hidden or visible. The camera is meant to discourage inappropriate behavior, and the recorded video can be used as proof when security personnel or law police need to check it later. Video surveillance systems come in a variety of forms to suit needs, including live streaming, IP-based remote access, and digital video recorders (DVRs) that store video. Growing security requirements in both public and private spaces, including homes, businesses, airports, and schools, are the main drivers of the expansion. The rise of smart cities needs smart video surveillance to keep an eye on a variety of activities.

Report Coverage

This research report categorizes the market for the United Kingdom video surveillance market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the video surveillance market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the video surveillance market.

Driving Factors

The demand for city monitoring is driving the expansion of the video surveillance market in the U.K., and the government of the United Kingdom has increased its investment in security equipment, including cameras for video surveillance.  The UK government's substantial investments in smart transportation are anticipated to increase market potential for the video surveillance market. Furthermore, the rising security demands in private and public places, like schools, airports, businesses, and homes are the factors driving the growth of the market.

Restraining Factors

In particular, small enterprises and groups with limited budgets may find the initial costs associated with implementing video surveillance systems which include camera purchases, software licenses, storage infrastructure, and installation costs to be unaffordable. These factors restrain the growth of the market.

Market Segmentation

The United Kingdom video surveillance market share is classified into component, vertical, and system type.

• The hardware segment is expected to hold the largest market share through the forecast period.

The United Kingdom video surveillance market is segmented by component into hardware, software, and services. Among these, the hardware segment is expected to hold the largest market share through the forecast period. The primary driver of the segment's expansion is the high demand for security cameras, monitors, and storage devices. Cameras that record video are essential for keeping an eye on a variety of settings, including homes, workplaces, schools, and public areas.

• The commercial segment dominates the market with the largest market share over the predicted period.

The United Kingdom video surveillance market is segmented by vertical into commercial and government. Among these, the commercial segment dominates the market with the largest market share over the predicted period. The large percentage might be ascribed to the expanding market for companies that make use of video surveillance systems. Data centers and companies for protecting vital infrastructure, as well as retail settings for customer behavior monitoring and theft prevention, are some examples of these applications.

• The IP video surveillance systems segment is expected to hold the largest share of the United Kingdom video surveillance market during the forecast period.      

Based on the system type, the United Kingdom video surveillance market is divided into analog video surveillance systems, IP video surveillance systems, and hybrid video surveillance systems. Among these, the IP video surveillance systems segment is expected to hold the largest share of the United Kingdom video surveillance market during the forecast period. This is ascribed to the growing trend of cloud-based video surveillance, the decreasing cost of IP cameras, and the growing demand for high-quality video surveillance solutions.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom video surveillance market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Dahua Technology Co., Ltd
• AxxonSoft UK
• Star Catering Supplies Limited
• Axis Communications AB
• Robert Bosch GmbH
• vCloud.ai
• Motorola Solutions, Inc.
• Eocortex
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In December 2023, Version 2.0 of AxxonSoft's Axxon One VMS, which has interfaces with a range of physical security systems, has been released.

Market Segment

This study forecasts revenue at the United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Video Surveillance Market based on the below-mentioned segments:

United Kingdom Video Surveillance Market, By Component

• Hardware
• Software
• Services

United Kingdom Video Surveillance Market, By Vertical

• Commercial
• Government

United Kingdom Video Surveillance Market, By System Type

• Analog Video Surveillance Systems
• IP Video Surveillance Systems
• Hybrid Video Surveillance Systems