Germany Video Surveillance Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.66 Billion |
| Market Size (2029) | USD 6.54 Billion |
| CAGR (2024 - 2029) | 7.02 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Germany Video Surveillance Market Analysis
The Germany Video Surveillance Market size is estimated at USD 4.66 billion in 2024, and is expected to reach USD 6.54 billion by 2029, growing at a CAGR of 7.02% during the forecast period (2024-2029).
The need for enhanced security and safety measures is a primary driver behind the adoption of video surveillance in Germany. With growing concerns about crime, terrorism, and public safety, organizations and individuals are turning to video surveillance as a proactive measure to deter potential threats, monitor activities, and provide evidence in case of incidents.
Germany has stringent data protection regulations, including the General Data Protection Regulation (GDPR). Video surveillance systems must comply with these regulations, ensuring the protection of individual privacy and the secure handling of personal data. As a result, organizations are adopting video surveillance solutions that meet legal requirements, including data encryption, access controls, and privacy-enhancing features. Hence, in most cases, before adopting a video surveillance system, the decision-makers think first and foremost of the General Data Protection Regulation (GDPR), the German Federal Data Protection Act (BDSG), or state data protection laws.
Further, video surveillance systems help gather business intelligence and improve operational effectiveness. Hence, commercial businesses in several sectors, such as retail, transport, and hospitality, can derive valuable information from advanced analytics like people counting, heat mapping, or queue management. Organizations can optimize operations, improve customer experience, and make informed decisions through video surveillance information.
Moreover, the German government and municipalities invest in developing innovative city initiatives and public infrastructure projects. For instance, in August 2023, the Federal Ministry for Digital Affairs and Transport (BMDV) announced that the German cabinet had allocated EUR 12.5 billion to rail from the Climate and Transformation Fund (KTF), prioritizing this climate-friendly mode of transport. Video surveillance plays a crucial role in these endeavors by enhancing public safety, traffic management, and urban planning. As a result, there is a growing demand for video surveillance hardware, software, and services to support these initiatives.
In addition, there is a greater awareness of the benefits and capabilities of video surveillance systems. Advancements in technology, such as high-resolution cameras, intelligent video analytics, and cloud-based solutions, have made video surveillance more effective, reliable, and accessible. This has increased the acceptance and adoption of these systems across various sectors.
However, there is a heightened sensitivity to privacy concerns in Germany, which may hurt the growth. For instance, the increasing use of facial recognition technology in video surveillance systems creates concerns such as improper data storage, misuse of data, and infringement on individual privacy, which may restrict market demand.
Germany Video Surveillance Market Trends
The Hardware Segment Is Expected to Witness Significant Growth
- The security system usually has several hardware components, including cameras, back-end local video servers, and storage units. The single view/stereo intelligent internet protocol (IP)-based cameras capture video footage. Back-end video servers with storage and graphics cards support high-level video analysis and other processing algorithms, such as display image labeling and decompression. These hardware components work together to enable real-time surveillance and analysis of video data.
- The hardware segment in the video surveillance market is continuously evolving with technological advancements. There is a growing demand for high-resolution cameras, such as megapixel and UHD cameras, which offer superior image quality and finer details for better identification and analysis. Other technological advancements, such as network cameras, panoramic cameras, and edge-based processing, also contribute to the growth of the hardware segment.
- Further, major market players are introducing innovative products that can play a significant role in the segmental growth in the market. For instance, in June 2023, Bosch launched the FLEXIDOME 5100i fixed cameras that improve building security and operational efficiency with the new Intelligent Video Analytics (IVA) Pro Buildings. These video analysis techniques are based on deep learning and support reliable detection of intrusions and accurate counting of people in crowded areas, especially around buildings. With the new FLEXIDOME 5100i, owing to starlight, HDR, and Intelligent IR illumination, users can achieve high image quality over 24 hours.
- Moreover, a rising tide of security concerns is prompting a nationwide surge in the deployment of surveillance cameras, spanning various sectors and vertical markets. According to the Bundeskriminalamt, in 2023, German police documented around 214,100 violent crime cases, a notable uptick from the previous year, particularly in several sectors. It is worth highlighting that these figures have not been seen since their peak in 2007. With rising crime rates, the government is poised to respond, potentially catalyzing further growth in the video surveillance hardware market.
The Commercial End-user Segment Is Expected Witness Significant Growth
- Commercial entities, such as retail stores, banks, hotels, and office buildings, face security challenges such as theft, vandalism, and unauthorized access. These concerns drive the adoption of video surveillance systems as a proactive security measure. Commercial end-users invest in video surveillance to protect their assets, deter criminal activities, and ensure the safety of employees, customers, and visitors.
- Further, commercial establishments in Germany need to comply with safety regulations to maintain a secure environment. Video surveillance systems help monitor compliance with safety protocols, identify potential hazards, and investigate incidents. Industries such as healthcare, manufacturing, and hospitality have specific safety regulations that require video surveillance for compliance, further driving the growth of the commercial segment.
- The banking sector places a high emphasis on security due to the sensitive nature of financial transactions and customer data. Banks and financial institutions extensively use video surveillance systems to monitor ATMs, cash handling, and customer service areas. These systems help deter robberies, detect fraud, and provide evidence for investigations.
- In November 2023, Dutch and German law enforcement arrested eight people allegedly responsible for several violent ATM robberies in Germany, which have caused at least EUR 3.5 million (USD 3.8 million) in property damage and the theft of EUR 2 million (USD 2.2 million). According to the Dutch News Site, NH Nieuws, from January 2023 to April 2023, there were 58 explosive ATM thefts in a German state. These situations force the adoption of video surveillance systems in commercial premises.
Germany Video Surveillance Industry Overview
The German video surveillance market is semi-consolidated with several global and local players. The companies include Axis Communications AB, Bosch Security Systems GmbH, Mobotix AG, Videotec SpA, and Grundig Security. They maintain their competitive position by offering various surveillance products and solutions, including cameras, video management systems, and related software. In addition, they try to remain competitive through innovations, collaborations, mergers, and acquisitions.
- April 2024: Axis Communications announced the launch of the next generation of Axis Camera Station Video Management Software (VMS). To meet customers' needs, this well-packaged offering enables a more flexible approach. The AXIS Camera Station offers a variety of options, from smaller single sites to more extensive and demanding deployments, including multisite installations. This makes it possible to install the ideal system in a private network, using cloud services, or a combination of both.
- November 2023: MOBOTIX launched the new MOBOTIX MOVE Vandal multisensor PTZ Combo, an all-in-one video solution, especially for larger surveillance areas. A 360-degree panoramic view combined with comprehensive PTZ functionalities, such as pan, tilt, and zoom, is provided by the camera in one unit. The camera can be used indoors and outdoors, such as in parking spaces or waiting areas, Smart cities, airports, train stations, and port facilities. In challenging environments, the MOBOTIX MOVE Vandal Multisensor PTZ camera, combined with its slim and robust housing, provides security while setting new standards in video surveillance of densely populated areas.
Germany Video Surveillance Market Leaders
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Axis Communications AB
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Bosch Security Systems GmbH
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Videotec SpA
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Mobotix AG
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Teledyne FLIR LLC
*Disclaimer: Major Players sorted in no particular order
Germany Video Surveillance Market News
- February 2024: Berlin-based company PromiseQ, which provides AI-based video surveillance software, successfully secured a seven-figure investment from existing investors and venture capital investment firms ExtraVallis and APY Ventures. The commitment of PromiseQ to drive innovation in the security sector is reinforced by this new financing round, which also represents a vote of confidence from industry-led investors. The new funding will expand the company’s range of products and services and continue its growth trajectory.
- February 2024: Dallmeier Electronic provided video surveillance equipment for the Munich Security Conference 2024. The technology supplied is a comprehensive system comprising over 30 conventional video cameras from the company’s Domera family and several multifocal sensor cameras from the Panamera range. The experts from Dallmeier Systems GmbH installed three masts with video technology, operated in parallel and independently of the police system. A comprehensive overview of the relevant zones is provided by this installation to the security service.
Germany Video Surveillance Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Impact of Macro Trends on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Concerns Regarding the Security of Public Infrastructure
5.1.2 Growing Investment to Adopt Advanced Video Surveillance Technology
5.2 Market Restraint
5.2.1 Increasing Concerns Regarding Personal Rights Violation
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Hardware
6.1.1.1 Camera
6.1.1.1.1 Analog
6.1.1.1.2 IP Camera
6.1.1.1.3 Hybrid
6.1.1.2 Storage
6.1.2 Software
6.1.2.1 Video Analytics
6.1.2.2 Video Management Software
6.1.3 Services (VSaaS)
6.2 By End-user Vertical
6.2.1 Commercial
6.2.2 Infrastructure
6.2.3 Institutional
6.2.4 Industrial
6.2.5 Defense
6.2.6 Residential
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Axis Communications AB
7.1.2 Bosch Security Systems GmbH
7.1.3 Videotec SpA
7.1.4 Mobotix AG
7.1.5 Teledyne FLIR LLC
7.1.6 ABUS Security Tech Germany
7.1.7 Dallmeier Electronic GmbH & Co. KG
7.1.8 Grundig Security
7.1.9 Hangzhou Hikvision Digital Technology Co. Ltd
7.1.10 Johnson Controls
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Germany Video Surveillance Industry Segmentation
A video surveillance system comprises cameras, monitors, display units, and recording equipment. Different features, like resolution, frame rate, and color type, can be applied to analog or digital cameras. From the view, surveillance cameras can be easily seen or concealed. The cameras shall aim to prevent unlawful conduct, and video footage may also serve as evidence for future review by security personnel or law enforcement agents. The market size encompasses the revenue generated from various vendors' sales of video surveillance systems in Germany.
The German video surveillance market is segmented by type (hardware [camera [analog, IP camera, and hybrid], storage), software [video analytics, video management software], and services [VSaaS]), and end-user verticals (commercial, infrastructure, institutional, industrial, defense, and residential). The report offers market size and forecasts for all the above segments in value (USD).
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Germany Video Surveillance Market Research FAQs
How big is the Germany Video Surveillance Market?
The Germany Video Surveillance Market size is expected to reach USD 4.66 billion in 2024 and grow at a CAGR of 7.02% to reach USD 6.54 billion by 2029.
What is the current Germany Video Surveillance Market size?
In 2024, the Germany Video Surveillance Market size is expected to reach USD 4.66 billion.
Who are the key players in Germany Video Surveillance Market?
Axis Communications AB, Bosch Security Systems GmbH, Videotec SpA, Mobotix AG and Teledyne FLIR LLC are the major companies operating in the Germany Video Surveillance Market.
What years does this Germany Video Surveillance Market cover, and what was the market size in 2023?
In 2023, the Germany Video Surveillance Market size was estimated at USD 4.33 billion. The report covers the Germany Video Surveillance Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Video Surveillance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Video Surveillance Industry Report
Statistics for the 2024 Germany Video Surveillance market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Video Surveillance analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
