The global video surveillance market was valued at USD 73.75 billion in 2024 and is projected to reach USD 147.66 billion by 2030, registering a CAGR of 12.1% from 2025 to 2030. Market expansion is primarily driven by continuous technological advancements and the growing need for enhanced security across multiple industries.
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The global video management software (VMS) market was valued at USD 11,670.6 million in 2024 and is expected to reach USD 40,933.7 million by 2033, expanding at a CAGR of 14.3% during the forecast period from 2025 to 2033. Market growth is primarily driven by increasing security and safety concerns, the adoption of AI-enabled analytics, real-time monitoring capabilities, and continuous advancements in consumer electronics and wireless audio devices.