Market Forecast By Components (Video Surveillance System Cameras (Analog & IP/ Network Camera), Video Surveillance System Recorder (DVR & NVR), Video Surveillance System Encoder and Video Management Software, By Verticals (Banking & Financial, Government & Transportation, Retail & Logistics, Commercial Offices, Industrial & Manufacturing, Residential, Hospitality & Healthcare, and Educational Institutions), By Regions (England, Northern Ireland, Scotland, and Wales) and Competitive Landscape.
Product Code: ETC000873 | Publication Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 3 |
Report Name | United Kingdom Video Surveillance System Market |
Forecast period | 2024-2030 |
CAGR | 7.3% |
Growing Sector | Security Technology |
The United Kingdom Video Surveillance System Market report presents an in-depth evaluation by components, application verticals, leading players, and key government initiatives. This detailed analysis provides stakeholders with critical insights into current and projected market trends, main drivers, high-growth segments, and key challenges, assisting in strategic decision-making and alignment with the evolving industry landscape.
The UK Video Surveillance System Market is experiencing robust growth due to increased security concerns and technological advancements. There is heightened demand for advanced surveillance solutions across various sectors, including government, commercial establishments, and residential areas. Key trends driving the market include the adoption of IP/network cameras, cloud-based storage solutions, and AI-driven analytics. However, challenges such as data privacy concerns and high costs of advanced systems pose hurdles.
According to 6Wresearch, The United Kingdom Video Surveillance System Market size is expected to grow at a significant CAGR of 7.3% during the forecast period 2024-2030. The market is propelled by several factors, including technological innovations like high-definition imaging, intelligent analytics, and integrative solutions that provide enhanced security. Government initiatives focused on public safety and infrastructure development significantly bolster market growth. Furthermore, rising concerns over crime and terrorism have spurred the adoption of sophisticated surveillance systems. Consumer preferences are also shifting towards smart home security solutions, further driving market demand.
Despite its growth, the market encounters obstacles such as stringent data protection regulations that limit the deployment and operation of surveillance systems. Economic factors, including the substantial initial investments and maintenance costs, can deter small and medium-sized enterprises. Additionally, ensuring cybersecurity to protect surveillance data from breaches adds another layer of complexity and cost.
The UK market includes key players like Hikvision, Dahua Technology, Axis Communications, and Bosch Security Systems. These companies lead the market with their diverse product portfolios, continuous innovation, and robust distribution networks. Their emphasis on quality, durability, and advanced technologies helps them maintain a competitive edge.
The UK government supports market growth through initiatives such as the "Project Servator" and the "Safer Streets Fund." These programs focus on enhancing public security and reducing crime rates by deploying advanced surveillance systems in strategic locations across the country. Efforts to modernize public infrastructures and priority funding for smart city projects also play a crucial role.
The market outlook appears promising, driven by continuous technological advancements and increasing security consciousness. Future trends include the rise of AI and machine learning to provide predictive analytics and automated threat detection. The growing integration of IoT in surveillance systems and the adoption of cloud-based solutions for efficient data management will further enhance market growth. However, addressing privacy concerns and the need for skilled personnel to manage advanced systems will be essential.
According to Ravi Bhandari, Research Head, 6Wresearch, According to industry analysts, Video Management Software (VMS) is the fastest growing segment in the UK video surveillance market. The increasing importance of data analytics and the need for sophisticated management tools to handle large volumes of video data are driving demand. Furthermore, advancements in artificial intelligence and machine learning are enhancing the capabilities of VMS, making it a crucial component for modern video surveillance systems.
In the sector of video surveillance by verticals, the Government & Transportation segment is experiencing the most rapid growth. The heightened focus on public safety, counter-terrorism, and efficient traffic management has fueled investments in advanced surveillance systems. The adoption of smart city initiatives across various regions of the UK is also a significant factor contributing to this growth.
Among the regions, England leads as the fastest growing market for video surveillance systems in the UK. The concentration of major commercial hubs, financial centres, and critical infrastructure in England results in higher demand for sophisticated surveillance solutions. Additionally, ongoing urban development projects and stringent regulatory requirements further enhance the market growth in this region.
The report offers a comprehensive study of the following market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. UK Video Surveillance System Market Overview |
3.1 UK Country Indicators |
3.2 UK Video Surveillance System Market Revenues 2020-2030F |
3.3 UK Video Surveillance System Market Revenue Share, By Components, 2020 & 2030F |
3.4 UK Video Surveillance System Market Revenue Share, By Verticals, 2020 & 2030F |
3.5 UK Video Surveillance System Market Revenue Share, By Regions, 2020 & 2030F |
3.6 UK Video Surveillance System Market - Industry Life Cycle |
3.7 UK Video Surveillance System Market - Porter’s Five Forces |
4. UK Video Surveillance System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. UK Video Surveillance System Market Trends |
6. UK Video Surveillance Camera Market Overview |
6.1 UK Video Surveillance Camera Market Revenues, 2020-2030F |
6.2 UK Video Surveillance Camera Market Revenues, By Types, 2020-2030F |
6.2.1 UK Analog Video Surveillance Camera Market Revenues, 2020-2030F |
6.2.2 UK IP/Network Video Surveillance Camera Market Revenues, 2020-2030F |
7. UK Video Surveillance Recorder Market Overview |
7.1 UK Video Surveillance Recorder Market Revenues, 2020-2030F |
7.2 UK Video Surveillance Recorder Market Revenues, By Types |
7.2.1 UK Video Surveillance Network Video Recorder (NVR) Market Revenues, 2020-2030F |
7.2.2 UK Video Surveillance Digital Video Recorder (DVR) Market Revenues, 2020-2030F |
8. UK Video Surveillance Encoder Market Overview |
8.1 UK Video Surveillance Encoder Market Revenues, 2020-2030F |
9. UK Video Surveillance Software Market Overview |
9.1 UK Video Management Software Market Revenues, 2020-2030F |
10. UK Video Surveillance System Market Overview, By Verticals |
10.1 UK Video Surveillance System Market Revenues, By Banking & Financial Institutions, 2020-2030F |
10.2 UK Video Surveillance System Market Revenues, By Government & Transportation, 2020-2030F |
10.3 UK Video Surveillance System Market Revenues, By Retail & Logistics, 2020-2030F |
10.4 UK Video Surveillance System Market Revenues, By Commercial Offices & Buildings, 2020-2030F |
10.5 UK Video Surveillance System Market Revenues, By Hospitality & Healthcare, 2020-2030F |
10.6 UK Video Surveillance System Market Revenues, By Industrial & Manufacturing, 2020-2030F |
10.7 UK Video Surveillance System Market Revenues, By Residential, 2020-2030F |
10.8 UK Video Surveillance System Market Revenues, By Educational Institutions, 2020-2030F |
11. UK Video Surveillance System Market Overview, By Regions |
12. UK Video Surveillance System Market - Key Performance Indicators |
13. UK Video Surveillance System Market - Opportunity Assessment |
13.1 UK Video Surveillance System Market Opportunity Assessment, By Components, 2030F |
13.2 UK Video Surveillance System Market Opportunity Assessment, By Verticals, 2030F |
14. UK Video Surveillance System Market Competitive Landscape |
14.1 UK Video Surveillance System Market Revenue Share, By Company |
14.2 UK Video Surveillance System Market Competitive Benchmarking, By Operating & Technical Parameters |
15. Company Profiles |
16. Key Recommendations |
17. Disclaimer |
Market Forecast By Components (Video Surveillance System Cameras (Analog & IP/ Network Camera), Video Surveillance System Recorder (DVR & NVR), Video Surveillance System Encoder and Video Management Software, By Verticals (Banking & Financial, Government & Transportation, Retail & Logistics, Commercial Offices, Industrial & Manufacturing, Residential, Hospitality & Healthcare, and Educational Institutions), By Regions (England, Northern Ireland, Scotland, and Wales) and Competitive Landscape.
Product Code: ETC000873 | Publication Date: Aug 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Kingdom Video Surveillance System Market is expected to gain momentum during the upcoming years on account of growing security concerns. Increasing spending by the government in order to develop the infrastructure is driving the development of the market. Moreover, increasing spending along with surging initiatives to develop advanced security systems is accelerating the UK Video Surveillance Market Growth. Growth in private and public infrastructure is driving the demand for safety and security which is further creating lucrative opportunities for the growth of the industry. Moreover, the opening of shopping malls and commercial offices is also one of the key factors adding to the UK Video Surveillance Market Share.
United Kingdom video surveillance system market report is a part of Europe Video Surveillance Market Growth thoroughly covers the market by components, verticals, and regions. The United Kingdom video surveillance system outlook report provides an unbiased and detailed analysis of the ongoing United Kingdom video surveillance system trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United Kingdom video surveillance system market has registered growth over the last five years due to growing construction, retail and commercial sectors, technological development across every aspect of the systems resulting in greater resolution, increasing government regulations regarding security concerns as well as growing investment in the commercial and transportation verticals.
According to 6Wresearch, the United Kingdom Video Surveillance System Market size has substantial growth prospects during 2019-2025. Rising crime rates have resulted in the setting up of minimum-security requirements for surveillance cameras in the United Kingdom. Further, the integration of cloud-based services for centralized data, as well as growing industrial and commercial activities, are some of the key factors which are driving the demand for video surveillance systems In the United Kingdom. Growing advancement of technology coupled with increasing deployment of IP-based cameras is driving the growth of the industry. Rising security concern in various verticals is adding to the Video Surveillance System Market Share.
The United Kingdom video surveillance system market is segmented into surveillance cameras, surveillance recorders, surveillance encoder,s and video management software. Whereas, based on verticals, the market is segmented into banking & financial, government & transportation, retail & logistics, commercial offices, industrial & manufacturing, residential, hospitality & healthcare, and educational institutions.
England accounts for the major portion of the video surveillance system market in the United Kingdom.
The IP network-based systems continue to dominate the overall market, as they offer improved flexibility as well as advanced products which help in remote viewing and control of video data from one or more interfaces across diverse locations. Additionally, the commercial offices and government & transportation verticals are witnessing huge demand as a result of stringent government regulations and rising security concerns.
The United Kingdom video surveillance system Market report provides a detailed analysis of the following market segments: