Taiwan 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
Industry: ICT & Media | Publish Date: 22-May-2025 | No of Pages: 164 | No. of Tables: 128 | No. of Figures: 73 | Format: PDF | Report Code : IC1987
US Tariff Impact on Taiwan AI CCTV Market
Trump Tariffs Are Reshaping Global Business
Market Overview
Taiwan AI CCTV Market size was valued at USD 111.4 million in 2023 and is predicted to reach USD 604.0 million by 2030, with a CAGR of 25.2% from 2024 to 2030.
The AI CCTV market constitutes a segment within the global security and surveillance industry, concentrating on incorporating artificial intelligence (AI) technologies into Closed-Circuit Television (CCTV) systems. These AI-driven CCTV systems utilize sophisticated algorithms and computer vision to augment video analysis capabilities, facilitating real-time detection, identification, and response to diverse events and anomalies.
Beyond conventional surveillance, these systems introduce intelligent features such as facial recognition, object tracking, and behavior analysis. The growth of the AI CCTV market is substantial, fueled by heightened demand for advanced security solutions in commercial, industrial, and public settings. The market encompasses a variety of products and services, including AI-powered cameras, video analytics software, and integrated security systems.
Rising Demand For Ai-driven Surveillance Solutions Fuels Market Growth
Taiwan is experiencing the highest growth rate in the APAC region, with an impressive Compound Annual Growth Rate (CAGR) of 25.2%. The country’s significant vehicle density, as highlighted in a government statistical report, shows that Taiwan is home to approximately 23 million vehicles—nearly one for every person. This high vehicle-to-population ratio has driven an increasing demand for advanced surveillance solutions, particularly AI-powered CCTV systems, to ensure road safety and address key challenges.
AI-enabled CCTV systems are crucial for effectively managing issues such as red-light violations, unauthorized parking, and pedestrian safety. With Taiwan's urban areas rapidly expanding, the need for smart surveillance solutions has grown to meet the demands for enhanced security and efficient traffic management. As the adoption of AI-powered technologies continues to rise, these systems are becoming indispensable for maintaining public safety, improving traffic flow, and ensuring effective enforcement of laws across the country.
Growth Of Smart City Initiatives Drives Market Expansion
Taiwan’s push towards smart city infrastructure, highlighted by the integration of Iveda AI and sensor technology in Kaohsiung in January 2023, is significantly driving the growth of the AI CCTV market. This strategic initiative aims to leverage AI analytics, sensor networks, and video surveillance to enhance connectivity and improve services within urban environments.
By utilizing cutting-edge technologies such as AI-powered CCTV systems, Taiwan is focused on optimizing urban operations, boosting public safety, and elevating the overall quality of life for its residents. The incorporation of AI-driven solutions into smart city frameworks not only addresses current urban challenges but also paves the way for future technological advancements and sustainable development. These initiatives are laying a solid foundation for innovation in Taiwan’s urban landscapes, positioning the country as a leader in smart city evolution in the region and globally.
Rising Cybersecurity Concerns Restrain Market Growth
The integration of AI into CCTV systems brings about significant cybersecurity risks, which pose a major challenge to the growth of the market. While these advanced systems offer enhanced surveillance capabilities, they are also vulnerable to cyber-attacks, hacking, and unauthorized access. The threat of such cyber breaches jeopardizes the confidentiality and integrity of the sensitive data captured by these systems.
A security breach can compromise not only the data but also the reliability of the entire surveillance infrastructure, potentially allowing malicious actors to manipulate or disable critical system components. As the adoption of AI-powered CCTV systems continues to increase, addressing cybersecurity threats becomes essential to maintain the integrity and trustworthiness of these technologies. Safeguarding both public and private security through robust cybersecurity measures is crucial for ensuring the continued effectiveness and reliability of AI-driven surveillance systems in Taiwan.
Integration Of Behavioral Analytics Into Ai Cctv Systems Unlocks New Market Opportunities
As AI technology continues to evolve, the integration of behavioral analytics with CCTV systems is set to become a key driver in the future of security and surveillance. AI algorithms can be trained to analyze human behavior patterns, enabling the real-time detection of anomalous activities as they unfold.
This capability includes identifying suspicious movements, detecting loitering, or recognizing deviations in crowd behavior. By incorporating AI-driven behavioural analytics, both businesses and government agencies can enhance their security measures, positioning AI-powered CCTV systems as an essential tool for advanced threat detection and prevention. This integration not only strengthens security protocols but also creates significant growth opportunities for the AI CCTV market in Taiwan, as the demand for more intelligent, proactive surveillance solutions rises.
Competitive Landscape
Taiwan AI CCTV market comprises various market players, such as Hangzhou Hikvision Digital Technology Co., Ltd., Zhejiang Dahua Technology Co., Ltd., Axis Communications AB, Motorola Solutions, Inc., Hanwha Vision Co., Ltd., Koninklijke Philips N.V., IDIS Ltd., CP Plus International, Vivotek Inc., Bosch Security Systems, Zhejiang Uniview Technologies Co., Ltd., Panasonic Holdings Corporation, Honeywell Security Group, D-Link Corporation, Marson Corporation, and others. These market players are adopting various strategies such as collaboration and product launches across various regions to maintain their dominance in the AI CCTV market.
Taiwan AI CCTV Market Key Market Segments
By Component
-
Hardware
-
Cameras
-
Storage Devices
-
Others
-
-
Software
-
Video Analytics Software
-
Video Management Software
-
By Camera Type
-
Dome Cameras
-
Bullet Cameras
-
Box Cameras
By Deployment
-
Cloud-Based
-
On-Premise
By End User
-
Commercial
-
Residential
-
Industrial
Key Players
-
Hangzhou Hikvision Digital Technology Co., Ltd.
-
Zhejiang Dahua Technology Co., Ltd.
-
Axis Communications AB
-
Motorola Solutions, Inc.
-
Hanwha Vision Co., Ltd.
-
Koninklijke Philips N.V.
-
IDIS Ltd.
-
CP Plus International
-
Vivotek Inc.
-
Bosch Security Systems
-
Zhejiang Uniview Technologies Co., Ltd.
-
Panasonic Holdings Corporation
-
Honeywell Security Group
-
D-Link Corporation
-
Marson Corporation
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 111.4 Million |
|
Revenue Forecast in 2030 |
USD 604.0 Million |
|
Growth Rate |
CAGR of 25.2% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
At Next Move Strategy Consulting, we understand that insightful market research is the cornerstone of successful business decisions. That's why we employ a robust and multifaceted approach, combining various methodologies to deliver the most accurate and actionable data for our clients.
Research Landscape
We navigate the world of research with two primary approaches:
Qualitative Approach
Our qualitative research methodologies involve immersive techniques such as in-depth interviews, focus groups, and observational studies. By engaging directly with individuals and stakeholders, we uncover valuable insights that quantitative data alone may overlook.
Quantitative Research
In tandem with qualitative methodologies, NMSC leverages the power of Quantitative Research to provide a robust foundation of numerical insights. Through systematic data collection and analysis, we quantify patterns, preferences, and market trends, offering a comprehensive view of the business landscape.
Our quantitative research approach employs diverse tools, including surveys, experiments, and statistical modelling. These methodologies enable us to gather data from a large and representative sample, ensuring the statistical significance of our findings. By employing structured questionnaires and standardized data collection methods, we guarantee the reliability and validity of the information we present to our clients.
Quantitative research is particularly effective in measuring the prevalence of trends, assessing market size, and gauging the impact of various factors on consumer behavior. The numerical precision attained through this approach equips our clients with actionable insights, facilitating data-driven decision-making and strategy formulation.
Our Specialized Toolbox for Industry-Specific Market Research
We deploy a specialized arsenal of techniques tailored to meet your unique requirements. Here's a glimpse into our comprehensive toolbox:
Information Procurement
The stage entails acquiring market data or relevant information through various sources and methodologies.
Market Research Approach
We utilize both top-down and bottom-up approaches in market research analysis to achieve a comprehensive understanding of the market dynamics, leveraging the broad perspective of industry trends and macroeconomic factors alongside detailed insights from specific segments and individual companies.
Porters Five Forces Analysis
We conduct Porter's Five Forces analysis to evaluate the competitive landscape of an industry, providing us with insights into factors that affect profitability and strategic positioning.
SWOT Analysis
We conduct SWOT analysis to understand market trends, identify potential threats, capitalize on opportunities, and assess our strengths and weaknesses.
Forecasting
We utilize a forecasting model to predict future consumption by considering parameters like population, economics, regulations, market competition, drivers, constraints, technology, and pricing. We also employ statistical techniques such as multilinear regression, exponential smoothing, moving average, ARIMA, and Monte Carlo simulations for accurate predictions. In econometric forecasting, we analyzed short-term and long-term event impacts, attributing values based on regulatory frameworks, economic factors, and market events.
Frequently Asked Questions
Download Free Sample
Speak to Our Analyst
Related Report
Related Blogs
How Generative Artificial Intelligence is Making Voice Assistants Smarter and More Human-Like
Introduction The Voice Assistant Market is undergoing a s...
Voices of the Future: How Tech Giants are Shaping the Voice Assistant Market
Next Move Strategy Consulting forecasts the Voice Assistant...
How Cutting-Edge Innovations are Driving AI Chip Evolution
In the fast-paced landscape of Artificial Intelligence (AI) the development of h...
