13 Best Video Surveillance and Private Security Stocks to Buy

Ramish Cheema
9 min read

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In this piece, we will take a look at the 13 best video surveillance and private security stocks to buy. If you want to skip our introduction to the private security and video surveillance industry, then take a look at 5 Best Video Surveillance and Private Security Stocks to Buy.

The video surveillance and private security industry is another sector that has been transformed due to advances in connectivity and technology. Closed circuit (CCTV) cameras can be accessed by their operators virtually through the internet and at the same time, other devices such as smart robots also enable people to detect home intruders remotely. Additionally, the growth in mass production has also allowed more people to access security cameras and other services, making private security more affordable than it was during its early days.

In terms of monetary value, the global surveillance and private security industry was worth $224 billion in 2022 and is expected to grow to $235 billion by the end of this year. From then until 2030, the industry is expected to grow at a compounded annual growth rate (CAGR) of 5.3% for a final value of $230 billion by the end of the forecast period. Research shows that the coronavirus pandemic was actually helpful to the private surveillance industry since hospitals and companies hired security firms and invested in technologies such as thermal cameras to ensure that people were complying with the virus related restrictions.

As should be expected, industrial users are the biggest customer segment of private security companies, since they often rely on them to safeguard valuable inventory stored in warehouses and other facilities. Segregating the private security market according to geography, Asia Pacific is the biggest market due to its large population, rapid economic growth, and a growing number of users who require video surveillance and private security. While America is the largest economy in the world in nominal terms, some of the world's biggest ecconomies and most populous regions such as China, India, and Japan are Asian countries, which naturally makes the region quite lucrative.

Moving forward to industry trends, private surveillance is perhaps one of the biggest beneficiaries of the current advances in machine learning and artificial intelligence. This is because image recognition is a central part of this industry, and heavy duty applications of AI and ML carry the chance of revolutionizing it by running real time algorithms on camera footage to determine whether a known criminal is in the frame or if there is a threat of a break in, arson, or any other illegal activity. However, this is causing privacy concerns. They are already surfacing in France, where the next summer's Olympic Games are set to take place. The Olympics are among the biggest events in the world, and they see thousands of athletes and supporters rush to the hosting country to prove their sporting mettle and support their country. As part of providing security coverage to Paris for the Olympic Games, the city plans to use AI equipped surveillance cameras to detect suspicious activities. France has recently passed a new law that allows CCTV cameras to use AI to detect rowdy activities, but facial recognition for suspicious actions is still prohibited in the country. While the Olympics have cast fresh light on the European power's digital surveillance plans, several cities in France have already employed similar technologies. One example is the Northern Paris suburb Massy, where a team of four police officials use an AI monitoring device to analyze footage from more than two hundred security cameras. However, the use of AI during the Olympics makes rights groups worry that special legal provisions aimed to facilitate the Olympics could end up becoming a permanent feature of French laws and harm individual freedoms.

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