AI-powered CCTV is transforming the surveillance industry, providing a more advanced and proactive approach to security. Modern CCTV systems leverage artificial intelligence to significantly improve the effectiveness and efficiency of video surveillance. These systems incorporate advanced capabilities such as object recognition, facial recognition, behaviour analysis, and anomaly detection, enabling smarter and more responsive monitoring. AI CCTV cameras can analyse and interpret visual data using machine learning algorithms and image recognition contrary to conventional cameras that only record footage. This allows for real-time threat detection and automated decision-making, making CCTV systems more efficient and reliable.
Leading companies in the AI CCTV market are enhancing security and improving operational efficiency by utilizing AI-driven video analysis. With real-time processing and interpretation of video data, AI-powered CCTV systems enable a more proactive and responsive approach to surveillance. The growth of the global AI CCTV market reflects this growing emphasis on safety, with a recorded value of USD 22.95 billion in 2023. As per Extrapolate, the market is expected to reach USD 71.08 billion by 2031. This blog explores the leading companies in AI CCTV market and how they are reforming the industry with latest innovations in AI CCTV.
Top 10 Key Players in the AI CCTV Market
1. Hangzhou Hikvision Digital Technology Co., Ltd.
Hikvision is a major player known for its advanced network cameras with enhanced image quality and intelligence. Hikvision provides a broad range of physical security products in the AI CCTV market, covering video security, access control, and alarm systems. They also provide integrated security solutions powered by AI technology to offer end-users new applications for safety management.
In April 2024, Hikvision launched its NVR 5.0 Series, a next-generation network video recorder equipped with AI and Internet of Things (IoT) capabilities. These next-generation network video recorders (NVRs) offer intuitive operations, smart search functionalities, centralized alarm management, and self-learning perimeter protection, setting new benchmarks in intelligent video surveillance.
2. Dahua Technology Co., Ltd.
Dahua Technology is one of the leading player in AI CCTV market that specializes in AI-driven video surveillance solutions, integrating facial recognition, object detection, and deep-learning capabilities. The company focuses on intelligent security monitoring for various applications, including smart cities and traffic management.
3. Bosch Security Systems
Bosch Security Systems combines AI and deep learning to develop cutting-edge surveillance cameras with predictive analytics. Its intelligent video analytics technology enables automated threat detection, crowd management, and anomaly identification, making security systems more proactive and efficient.
In March 2024, Bosch unveiled its latest AI-powered video and audio solutions at ISC West 2024, designed to enhance security, safety, and operational efficiency across various industries. The showcase featured AI-powered Smart City Solutions for automated incident detection and traffic management, along with an AI Gun Detection System that integrates video and audio AI to identify firearms in schools. This multi-layered approach strengthens safety measures while preserving a welcoming environment.
4. Axis Communications
Axis Communications specializes in IP-based surveillance solutions, leveraging AI for behavioral recognition, license plate recognition, and real-time analytics. The company’s latest AI-powered cameras offer edge-based processing and enhanced cybersecurity features, ensuring robust and scalable security solutions.
5. Honeywell International
Honeywell integrates AI and IoT in its security and surveillance solutions to provide comprehensive protection for businesses and public spaces. Its AI-powered video management systems enhance situational awareness through advanced threat detection, predictive analytics, and automated security protocols.
In March 2023, Honeywell collaborated with the Indian government to enhance the surveillance infrastructure of Indian cities as part of the Safe City Project. The initiative involved the deployment of over 7,000 AI-powered CCTV cameras across Bengaluru to improve public safety and crime prevention. By integrating advanced video analytics, facial recognition, and real-time monitoring, the project aims to create a smarter and more responsive security network.
6. Hanwha Techwin (Hanwha Vision)
Hanwha Techwin focuses on AI-driven security solutions with deep learning algorithms for facial recognition, intrusion detection, and object tracking. The company’s latest AI-powered cameras in the AI CCTV market, enhance situational awareness while ensuring data security and compliance.
In June 2024, Hanwha Vision introduced the XNP-C9310R and XNP-C7310R, two new high-performance AI PTZ Plus cameras. These cameras use AI for quick zoom and focus, enabling operators to rapidly see specific details, which is helpful in high-traffic areas. They also feature AI-powered video analytics for accurate object detection and classification, loitering and line-crossing alerts, and AI-based auto tracking.
7. Avigilon Corporation
Avigilon, a subsidiary of Motorola Solutions, offers advanced AI-based surveillance solutions in the AI CCTV market, including self-learning video analytics and appearance search technology. Its cloud-based security platform integrates AI and IoT, enabling remote monitoring and proactive threat management.
8. FLIR Systems
FLIR Systems is known for its thermal imaging and AI-powered surveillance cameras, widely used in critical infrastructure and defense applications. Its AI-driven analytics enhance threat detection in low-visibility environments, making it a key player in high-security surveillance.
In April 2024, FLIR launched the TrafiBot AI, a 4K visible camera system designed to improve interurban traffic flow and road safety. This AI-powered camera utilizes proprietary AI models to identify and classify vehicles including e-scooters and car-hauler trucks.
9. Panasonic Corporation
Panasonic’s AI-powered CCTV solutions incorporate facial recognition, behavior analysis, and real-time monitoring. The company’s AI-driven security cameras are specifically engineered for smart city applications, providing enhanced traffic management and public safety capabilities.
In December 2024, Panasonic launched new i-PRO AI-powered surveillance solutions at IFSEC India 2024. These include an AI-enabled High Zoom Bullet Camera with long-range IR and AI-driven object detection, ideal for traffic and perimeter surveillance
10. Uniview Technologies
Uniview Technologies is a fast-growing player in the AI CCTV market, focusing on intelligent video surveillance solutions. Its AI-powered cameras offer advanced analytics, automated alerts, and cloud-based video management, making security systems more efficient and responsive.
Conclusion
The AI CCTV market continues to evolve, driven by technological advancements that enhance security, operational efficiency, and real-time monitoring capabilities. Leading companies are now integrating IoT with artificial intelligence, enabling interconnected surveillance networks that offer enhanced situational awareness. These systems can communicate with other smart devices, allowing for automated responses, remote access, and seamless data sharing across platforms. As AI-powered CCTV solutions become more sophisticated, industries ranging from public safety to retail and industrial monitoring is expected to benefit from intelligent, connected, and responsive security measures.