Market Forecast By Offering (Hardware, Software, Service), By System (Analog Video Surveillance Systems, IP Video Surveillance Systems, Hybrid Video Surveillance Systems), By Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, Industrial) And Competitive Landscape
Product Code: ETC4456790 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Nigeria Video Surveillance Market report thoroughly covers the market by offering, by systems, and by verticals. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Nigeria Video Surveillance Market is expected to grow, driven mainly by infrastructure development, increasing public spending, expanding middle-class population, and rising terrorist attacks. The demand for video surveillance equipment has been sustained by the private sector in Nigeria for years, and recently, the demand has become more prominent in government installations such as seaports, airports, and government buildings. This has resulted in a boost in the Nigeria Video Surveillance Market Growth. The rise of video surveillance technology as a solution for crime prevention has been on the increase globally. The market for video surveillance systems in Nigeria is expected to grow at a remarkable rate.
According to 6Wresearch, the Nigeria Video Surveillance Market size is expected to reach a value of USD 241.5 million, growing at a CAGR of 8.4% during the forecast period of 2025-2031. The government's initiative to deploy security systems to enhance public safety in Nigeria is creating a major opportunity for surveillance system manufacturers and suppliers in the country. Additionally, Nigeria's expanding middle-class population and increased urbanization drive the demand for surveillance solutions in homes, hotels, and other environments. There are significant challenges associated with the implementation of video surveillance systems in Nigeria. These challenges include unreliable power supply, poor infrastructure, public perception, and low level of regulatory compliance. The constant power outages and insufficient supply in Nigeria have affected the effectiveness of surveillance systems that require uninterrupted power supply. Nigeria's infrastructure is underdeveloped, which makes it challenging to deploy the required technology for the surveillance systems. The video surveillance industry in Nigeria is gradually shifting towards a more comprehensive surveillance framework that will integrate AI, machine learning, and facial recognition technologies. Also, the adoption of high-resolution cameras, drones, and body-worn cameras are becoming increasingly necessary as they provide real-time monitoring, early warning, and high-quality images. The increasing convergence of IT and OT technologies will enhance the communications between different systems and devices, complementing the use of big data analytics and improving operational efficiency.
One of the government policies that have played a significant role in the growth of the video surveillance market in Nigeria is the implementation of the National Public Security Communication System (NPSCS). The NPSCS is a communication system that aims to enhance communication and collaboration among various security agencies, including the police, military, and paramilitary forces. The scheme has facilitated the installation of integrated surveillance systems that use advanced video surveillance technologies. Another notable government scheme that has impacted the Nigeria Video Surveillance Market is the Community-Based Policing Scheme. The scheme is a community-oriented approach to policing, whereby security agents work with the local population to maintain law, order, and security. This approach to policing has led to an increase in the demand for video surveillance systems and solutions, especially in urban areas. Security companies have seen a rise in installations of video surveillance solutions in housing estates and gated communities in response to the demand.
Prominent players in the Nigeria Video Surveillance Industry include ZTE Corporation, Hikvision Digital Technology, and Dahua Technology. ZTE Corporation has been in the market for several years and offers cutting-edge video surveillance technologies. Dahua Technology is a market leader in the provision of advanced video surveillance solutions, with a focus on integrating Artificial Intelligence in their products. Hikvision Digital Technology has a considerable market share in Nigeria, with years of experience in providing end-to-end video surveillance solutions.
By Offering, the hardware segment currently dominates the Nigeria Video Surveillance Market Share due to the increased demand for hardware components such as cameras, recorders, and other accessories. The software segment is expected to grow rapidly due to the increasing adoption of video analytics solutions. The service segment is also expected to grow in the coming years, owing to the shift towards managed services and the need for technical support.
According to Kapil, Senior Research Analyst, 6Wresearch, the IP video surveillance systems segment is expected to grow rapidly over the forecast period as they have technological advantages such as higher image resolution, remote access, and better storage capacity. In contrast, analog video surveillance systems are expected to witness a gradual decline in demand in the coming years.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Video Surveillance Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Video Surveillance Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Video Surveillance Market - Industry Life Cycle |
3.4 Nigeria Video Surveillance Market - Porter's Five Forces |
3.5 Nigeria Video Surveillance Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 Nigeria Video Surveillance Market Revenues & Volume Share, By System, 2021 & 2031F |
3.7 Nigeria Video Surveillance Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Nigeria Video Surveillance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Video Surveillance Market Trends |
6 Nigeria Video Surveillance Market, By Offering |
6.1 Overview and Analysis |
6.1.2 Nigeria Video Surveillance Market Revenues & Volume, By Hardware, 2021 & 2031F |
6.1.3 Nigeria Video Surveillance Market Revenues & Volume, By Software, 2021 & 2031F |
6.1.4 Nigeria Video Surveillance Market Revenues & Volume, By Service, 2021 & 2031F |
6.2 Nigeria Video Surveillance Market, By System |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Video Surveillance Market Revenues & Volume, By Analog Video Surveillance Systems, 2021 & 2031F |
6.2.3 Nigeria Video Surveillance Market Revenues & Volume, By IP Video Surveillance Systems, 2021 & 2031F |
6.2.4 Nigeria Video Surveillance Market Revenues & Volume, By Hybrid Video Surveillance Systems, 2021 & 2031F |
6.3 Nigeria Video Surveillance Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Video Surveillance Market Revenues & Volume, By Commercial, 2021 & 2031F |
6.3.3 Nigeria Video Surveillance Market Revenues & Volume, By Infrastructure, 2021 & 2031F |
6.3.4 Nigeria Video Surveillance Market Revenues & Volume, By Military & Defense, 2021 & 2031F |
6.3.5 Nigeria Video Surveillance Market Revenues & Volume, By Residential, 2021 & 2031F |
6.3.6 Nigeria Video Surveillance Market Revenues & Volume, By Public Facility, 2021 & 2031F |
6.3.7 Nigeria Video Surveillance Market Revenues & Volume, By Industrial, 2021 & 2031F |
7 Nigeria Video Surveillance Market Import-Export Trade Statistics |
7.1 Nigeria Video Surveillance Market Export to Major Countries |
7.2 Nigeria Video Surveillance Market Imports from Major Countries |
8 Nigeria Video Surveillance Market Key Performance Indicators |
9 Nigeria Video Surveillance Market - Opportunity Assessment |
9.1 Nigeria Video Surveillance Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 Nigeria Video Surveillance Market Opportunity Assessment, By System, 2021 & 2031F |
9.3 Nigeria Video Surveillance Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Nigeria Video Surveillance Market - Competitive Landscape |
10.1 Nigeria Video Surveillance Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Video Surveillance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |