The UK AI CCTV Market by Component (Hardware and Software), by Camera Type (Dome Cameras, Bullet Cameras, and Box Cameras), by Deployment (Cloud-Based and On-Premise), and End User (Commercial, Residential, and Industrial)–Opportunity Analysis and Industr

The UK AI CCTV Market by Component (Hardware and Software), by Camera Type (Dome Cameras, Bullet Cameras, and Box Cameras), by Deployment (Cloud-Based and On-Premise), and End User (Commercial, Residential, and Industrial)–Opportunity Analysis and Industry Forecast, 2024–2030

The UK AI CCTV market size was valued at USD 360.0 million in 2023 and is predicted to reach USD 1366.4 million by 2030, with a CAGR of 19.1% from 2024 to 2030.

The growth of the AI CCTV market in the UK is significantly propelled by increasing government initiatives aimed at enhancing road safety and addressing offenses in public and private spaces. As the need for more sophisticated and intelligent monitoring solutions rises to combat violations and prevent crimes, governmental bodies are increasingly investing in advanced surveillance technologies. A significant initiative in this regard is the collaboration between the Edinburgh City Council and North, the UK's leading provider of IoT-based services and solutions. Launched in 2022, this project aims to establish a smart center for video security surveillance systems, leveraging an innovative model based on public-private partnership. With funding totaling 51.41 million euros, the partnership involves seven local authorities across the country.

The project encompasses the renovation of the central surveillance facility's control room and the integration of smart systems to upgrade video surveillance cameras. These enhanced systems will play a pivotal role in road safely operations, offering advanced analytical functions such as vehicle detection and identification, facial recognition, crowd monitoring to limit gathering sizes, and traffic tracking. This initiative not only addresses immediate safety concerns but also lays the groundwork for the continued growth and advancement of the AI CCTV market in the UK.

In addition, the incorporation of AI-driven CCTV systems into Smart City initiatives stands out as a significant catalyst propelling the expansion of the AI CCTV market in the UK. Through seamless data sharing and collaboration with diverse surveillance systems and devices, AI-driven CCTV solutions elevate security measures and situational awareness across a wider scope.

However, the substantial expenses related to both the initial setup and ongoing maintenance of AI-driven CCTV systems present substantial barriers to the market's expansion. These costs not only constrain the availability of advanced security solutions to a wider audience but also create hurdles for small businesses and homeowners seeking to enhance their security measures. On the contrary, the incorporation of AI-driven CCTV systems with 5G connectivity and Edge Computing marks a revolutionary phase in the surveillance sector, paving the way for prospective advancements in the UK AI CCTV market. Leveraging real-time processing capabilities at the Edge, facilitated by 5G's rapid connectivity, these systems can promptly analyze video streams and address potential security risks with unmatched speed and effectiveness.

Segment Overview

The UK AI CCTV industry is segmented based on offering, camera type, deployment, end user, and region.

 By component, the market is classified into hardware and software.

 By camera type, the market is segmented into dome cameras, bullet cameras, and box cameras.

 By deployment, the market is divided into cloud-based and on-premise.

 By end user, the market is classified into commercial, residential, and industrial.

Key Players

The key players in the UK AI CCTV market include companies such as:
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Zhejiang Dahua Technology Co., Ltd.
• Axis Communications AB
• Motorola Solutions, Inc.
• Hanwha Vision Co., Ltd.
• Tiandy Technologies
• Zhejiang Uniview Technologies Co. Ltd.
• IDIS Ltd.
• Arlo Technologies, Inc.
• Vivotek Inc.

Recent Developments

February 2024

IDIS launched Edge AI camera with nine new models that cater to a wide range of surveillance applications. These cameras are designed with advanced features such as the ability to distinguish between vehicles, humans, and other objects, reducing false alarms and enhancing operational efficiency.

November 2023

Axis Communications launched its range of CCTV cameras including multidirectional panoramic cameras, high-performance bullet cameras, and stainless-steel dome camera.

September 2023

Arlo Technologies, Inc. launched the essential cameras to provide an affordable smart home security solution. This camera is integrated with AI to enhance the smart home security solutions with features such as night vision and motion detection.

Key Benefits
• The UK AI CCTV market report provides a quantitative analysis of the current market and estimations from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a comprehensive analysis of the UK AI CCTV market trends, including current and future trends to depict prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the UK AI CCTV market is provided in the report.
• The competitive analysis of the market players along with their market share in the The UK AI CCTV market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the report.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.