The Canada AI in Video Surveillance Market was valued at $133.8 Million in 2026 and projected to reach to $351.4 Million by 2031, representing a compound annual growth rate of 17.5%. Canada's AI in video surveillance market is positioned for sustained expansion through 2031, fueled by government initiatives supporting smart city development and increasing cybersecurity awareness among enterprises.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Canada's AI in video surveillance market is valued at $133.8 million in 2026 and is projected to reach $351.4 million by 2031, representing a 162% increase over the five-year forecast period.
The Canadian market is growing at a 17.5% CAGR, slightly outpacing the global average of 17.9%, indicating robust domestic adoption and investment in intelligent security technologies.
Canadian municipalities and government bodies are increasingly investing in smart city initiatives, driving demand for AI-powered video surveillance solutions across urban centers and public safety applications.
Canadian enterprises across retail, banking, healthcare, and manufacturing sectors are accelerating adoption of AI video surveillance for enhanced operational security, loss prevention, and compliance with evolving regulatory standards.
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | GENERATIVE AI (Technology) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 17.9% from 2026 to 2031 |
| Largest Segment | INFERENCE (Function) |
| Market Size Base Year (Billions) | ~USD 4.05 (2026) |
| Revenue Forecast (Billions) | ~USD 9.23 (2031) |
| Segments Covered | Offering, Vertical, Type, Deployment, Function, Technology, Application |
7 segment dimensions are covered across the global market.
| Segment | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|
| COMMERCIAL | 35.3 | 40.7 | 48.4 | 58.1 | 69.1 | 81.5 | 95.5 | 18 |
| CRITICAL INFRASTRUCTURE | 20.4 | 23.5 | 27.9 | 33.3 | 39.2 | 47.4 | 55.7 | 18.2 |
| GOVERNMENT AND PUBLIC FACILITIES | 42 | 48.7 | 58.3 | 70.4 | 84.3 | 99.9 | 117.7 | 18.7 |
| INDUSTRIAL | 15.4 | 17.6 | 20.7 | 24.6 | 29.1 | 34 | 39.5 | 17 |
| MILITARY AND DEFENSE | 11.6 | 12.8 | 14.5 | 16.6 | 18.9 | 20.6 | 22.6 | 11.8 |
| RESIDENTIAL | 9.1 | 10.1 | 11.6 | 13.5 | 15.6 | 17.9 | 20.4 | 14.4 |
| TOTAL | 133.8 | 153.4 | 181.3 | 216.6 | 256.3 | 301.3 | 351.4 | 17.5 |
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| ZHEJIANG DAHUA TECHNOLOGY COMPANY LIMITED | China | Public Company | Video Surveillance Hardware (cameras, HDCVI, PT/PTZ, thermal, recorders, storage),Access Control, Intercom, and Perimeter (turnstiles, video intercom, alarms, screening, bollards),Traffic, Parking, and Mobility (intelligent traffic, smart parking, mobile/MPT/dash cameras), |
| CLOUDWALK TECHNOLOGY CO. LTD. | China | Public Company | Computer-vision devices (face terminals, cameras, structured-light modules, smart containers),AI platforms and operating systems (human–machine OS, Galaxy AI platform, AIoT platform),Data and privacy-computing platforms (Bai Ze Data, privacy computing, VisionCloud), |
| PANASONIC CORPORATION | Japan | Public Company | Energy (EV and storage batteries, battery systems),HVAC & Cold Chain (air conditioners, heat pumps, commercial refrigeration),Electric Works (lighting, wiring devices, solar PV, fuel cells), |
| HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD. | China | Public Company | Video surveillance hardware (cameras, recorders, CCTV accessories),Access control, intercom, and entrance management,Displays, visualization, and monitors, |
| DAHUA TECHNOLOGY CO., LTD. | China | Public Company | Video surveillance hardware (cameras, recorders, transmission, display/control),Access control, alarms, and security screening,Smart traffic, parking, and critical infrastructure solutions, |
| HANWHA VISION CO., LTD. | South Korea | Public Company | Network cameras (PTZ, dome, bullet, panoramic, fisheye),Analog cameras and DVR-centric systems,NVR/DVR/IP storage hardware, |
| SENSETIME | China | Public Company | SenseFoundry (Enterprise + Smart City),SenseME / SenseMARS / SenseMart (IoT, AR, Smart Retail),SenseCare Smart Health Platform, |
| IRISITY | Sweden | Public Company | IRIS+ Core Software & AI Detection Agents,Edge Appliances (Irisity Edge 10, Custom Edge),Embedded Camera Solutions (Irisity Edge for Axis), |
| NEC CORPORATION | Japan | Public Company | Systems Integration & Managed Services (incl. DX consulting, cloud, SaaS),Telecom Networks & Carrier Solutions (RAN, core, OSS/BSS, submarine cable),Enterprise IT Platforms (servers, HPC, ERP, PLM, WebOTX, MasterScope), |
| MOBOTIX AG | Germany | Public Company | IP Cameras (fixed dome, PTZ, hemispheric, bullet, thermal, multidirectional, M-design, bundles),Video Management Software (MOBOTIX HUB, MxManagementCenter, MOVE NVR, QVR Pro integrations),Cloud, Apps, and Analytics (MOBOTIX CLOUD, LIVE App, SYNC, Certified apps), |
| TELEDYNE TECHNOLOGIES INCORPORATED | United States | Public Company | Digital Imaging (visible, IR, UV, X-ray, MEMS, semiconductors),Instrumentation (monitoring, control, test, connectivity),Aerospace and Defense Electronics, |
| HONEYWELL INTERNATIONAL INC. | United States | Public Company | Industrial Automation,Building Automation,Energy and Sustainability Solutions (UOP and related), |
| VIVOTEK INC. | Taiwan | Private Company | Network cameras (fixed, PTZ, panoramic, thermal, Vortex cloud cameras),NVRs, appliances, and onboard/mobile NVR,Video management software, cloud services, and integration plug-ins, |
Zhejiang Dahua Technology Company Limited is a public company founded in 2002 and based in China, employing 22,131 people. The company operates as a major technology enterprise in the Chinese market.
CloudWalk Technology Co. Ltd is a public company founded in 2015 and based in China with 327 employees. The company operates in the technology sector.
Panasonic Corporation is a Japanese public company founded in 1918 with 183,685 employees. The company is a major multinational electronics and technology conglomerate.
Hangzhou Hikvision Digital Technology Co., Ltd is a public company founded in 2001 and based in China with 57,202 employees. The company is a major player in digital technology and surveillance solutions.
Dahua Technology Co., Ltd is a public company founded in 2002 and based in China with 22,131 employees. The company operates as a significant technology enterprise in the Chinese market.
Hanwha Vision Co., Ltd is a public company founded in 1952 and based in South Korea. The company operates in the technology and vision systems industry.
SenseTime is a public company founded in 2014 and based in China with 2,472 employees. The company operates in the artificial intelligence and technology sector.
Irisity is a public company founded in 2006 and based in Sweden with 52 employees. The company operates in the technology industry.
NEC Corporation is a Japanese public company founded in 1899 with 101,800 employees. The company is a major multinational technology and electronics enterprise.
Mobotix AG is a public company founded in 1999 and based in Germany with 249 employees. The company operates in the technology industry.
Teledyne Technologies Incorporated is a public company founded in 1960 and based in the United States with 15,800 employees. The company operates as a major technology and electronics conglomerate.
Honeywell International Inc. is a public company founded in 1885 and based in the United States with 101,000 employees. The company is a major multinational technology and industrial conglomerate.
Vivotek Inc. is a private company founded in 2000 and based in Taiwan. Specific employee count information is not available.
Canada's AI video surveillance market is valued at $133.8 million in 2026 and is projected to reach $351.4 million by 2031.
Canada's AI video surveillance market is growing at a compound annual growth rate (CAGR) of 17.5% from 2026 to 2031.
Key drivers include Canada's smart city initiatives, increased public safety investments, strong data privacy regulations, and enterprise demand for intelligent security solutions.
Canada's stringent data privacy and cybersecurity standards require AI surveillance solutions to be compliant with PIPEDA and other regulations, creating demand for locally-tailored, privacy-first technologies.
Primary sectors include retail, transportation, government, municipalities, and critical infrastructure, all investing in AI-powered analytics and real-time threat detection capabilities.
The study involved four major activities in estimating the current size of the AI in video surveillance market. Extensive secondary research was conducted to gather information on the market, adjacent markets, and the broader imaging systems ecosystem. This was followed by primary research with industry stakeholders across the value chain, including manufacturers, distributors, technology providers, and end users, to validate assumptions and market sizing. Both top-down and bottom-up approaches were used to estimate the overall market size. Market breakdown and data triangulation techniques were then applied to derive the size of individual segments and subsegments. Secondary and primary sources were jointly used to support a comprehensive technical and commercial analysis of the AI in video surveillance market.
Various secondary sources have been referred to in the secondary research process to identify and collect information important for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, the market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), regional markets, and key developments from market- and technology-oriented perspectives. The secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.
Extensive primary research was conducted after gaining knowledge about the current scenario of the AI in video surveillance market through secondary research. Several primary interviews were conducted with experts from the demand and supply sides across four major regions: North America, Europe, Asia Pacific, and RoW. This primary data was collected through questionnaires, emails, and telephonic interviews.
Note: The three tiers of the companies are defined based on their total revenue in 2023: Tier 1 - revenue greater than or equal to USD 1 billion; Tier 2 - revenue between USD 100 million and USD 1 billion; and Tier 3 revenue less than or equal to USD 100 million. Other designations include sales managers, marketing managers, and product managers.
To know about the assumptions considered for the study, download the pdf brochure
Both top-down and bottom-up approaches have been used to estimate and validate the total size of the AI in video surveillance market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:

After arriving at the overall size of the AI in video surveillance market from the market size estimation process explained above, the total market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data has been triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size has been validated using both top-down and bottom-up approaches.
The scope of AI in video surveillance encompasses a range of applications and capabilities that revolutionize traditional security systems. AI-powered video surveillance leverages advanced algorithms and machine-learning techniques to analyze vast amounts of real-time visual data. It enables intelligent video analytics, such as object detection, tracking, and recognition, allowing automated identification of suspicious activities, persons of interest, or potential threats. AI algorithms can also enhance video quality, optimize camera placements, and facilitate intelligent search and retrieval of relevant footage.
Additionally, AI-based video surveillance systems can integrate with other technologies, such as facial recognition, biometrics, and data analytics, enabling comprehensive security solutions for various domains, including public spaces, transportation, retail, and critical infrastructure. The scope of AI in video surveillance holds promise for enhancing public safety, crime prevention, and operational efficiency while raising concerns related to privacy, ethical considerations, and the responsible use of such technologies.
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Full forecast, segment splits, and company analysis for all AI in Video Surveillance Market.
Customize this report to your needs
Get 10% FREE Customization
Customize This Report