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The analog security camera market size is estimated to grow by USD 1.36 billion at a CAGR of 5.37% between 2023 and 2028. Market expansion relies on several factors, such as heightened government security initiatives, the imperative to counter criminal and terrorist activities, and the growing adoption of video surveillance across residential and commercial sectors. These initiatives underscore the importance of enhancing security measures to safeguard communities and businesses. Video surveillance plays a pivotal role in this landscape, providing real-time monitoring and deterrence against unlawful activities. The integration of advanced technologies in surveillance systems contributes to more effective detection and response capabilities, bolstering overall security frameworks. This trend reflects a broader shift towards leveraging technological innovations to address evolving security challenges. As governments and businesses prioritize safety and risk management, the market for video surveillance solutions is poised for growth, driven by the increasing demand for robust security measures that ensure public safety and protect assets in an increasingly complex security environment.
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The market caters to both residential buildings and commercial buildings seeking robust safety and security solutions. Analog cameras like bullet, dome, and box cameras are pivotal for surveillance purposes, providing reliable video signals recorded on video cassette recorders or digital video recorders. These cameras are integrated with TV sets for monitoring, ensuring the protection of industrial buildings and their perimeters. As businesses increasingly prioritize data security, analog systems are adapting with advancements in cloud services for data storage and IoT integration. Analog CCTV camera remain essential for ensuring the reliability of video surveillance across various premises, supporting comprehensive security measures in a digital age while maintaining compatibility with existing infrastructure and operational needs. The market utilizes bullet cameras, detective cameras, and CCTV cameras to provide video signals for monitoring through analog signals recorded on Video cassette recorder (VCR) or digital video recorder, viewed on TV sets or smartphones for city surveillance and protection of workers against security breaches.
Increasing government security initiatives is notably driving market growth. The increasing number of criminal activities such as thefts, fraud, and illegal possession of firearms has pushed governments to improve their security measures. This has led them to roll out initiatives that mandate the installation of CCTV cameras across cities to enhance the security and safety of citizens. For instance, in October 2023. To increase the safety of women and the elderly, panic buttons and CCTV cameras have been installed in 21,155 buses, Ola, and Uber. 1,235 city buses, 9,840 Ola cars, 1,122 Uber cars, and 8,958 other private cars are among them.
Further, surveillance cameras capture footage of crimes, which can be used in court as evidence against the accused. Night vision surveillance cameras feature clear and long-range nighttime surveillance, which is helpful in identifying miscreants. Thus, the increasing demand for video surveillance to mitigate crimes and terrorist activities will drive the demand for analog security cameras, which, in turn, will drive the growth of the global market during the forecast period.
Integration of facial recognition technology in video surveillance is an emerging trend shaping the market growth. Facial recognition technology helps identify and verify a person's identity by comparing and analyzing facial patterns. It can be integrated into CCTV cameras to provide an advanced level of security. For instance, Q-See developed new smart surveillance DVRs with facial recognition analytics, which automatically identify and verify a person via video surveillance. This facial recognition technology can be employed with analog HD cameras with the help of compatible software. It compares selected facial features against a facial database, making it possible to verify, track, and authorize both employee and non-employee activities. It has features such as automatically clocking employees and detecting and triggering an alarm when an employee/unauthorized person enters an area without permission. This analog surveillance system delivers clear images, which are beneficial for facial recognition. Therefore, key companies are focusing on introducing facial recognition technology-based CCTV cameras in the market.
For instance, the Coimbatore City Police implemented AI-based CCTV face recognition systems (FRS) and metadata cameras in September 2023 to enhance their ability to identify potential suspects. The cameras are being installed within a 5-kilometer radius of the current control room, which is housed in the office of the City Police Commissioner. The growing popularity of facial recognition technology in CCTV cameras will have a positive impact on the growth of the market during the forecast period.
Issues related to privacy are a significant challenge hindering the market growth. Though video surveillance is used to prevent and detect crimes, its use can cause privacy issues. Public surveillance systems may cover private areas such as apartments and offices without the consent of owners, which can result in a privacy breach. Extensive video surveillance by governments can lead to the infringement of the privacy rights of citizens. Therefore, the line between legitimate monitoring and intrusion is blurred. The key constitutionally protected right challenged by extensive video surveillance is the right to anonymity.
In addition, video surveillance in stores and streets can be misused for voyeurism. Thus, the infringement of the moral and constitutional rights of people is a major challenge to the growth of the market during the forecast period.
The market share growth by the public segment will be significant during the forecast period. The need to ensure the safety and welfare of citizens has increased the demand for analog security cameras. In the public sector, analog security cameras are installed at several places, such as healthcare buildings, educational buildings, government buildings, religious buildings, and transportation infrastructure (roads and traffic junctions).
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The public segment was the largest and was valued at USD 2.17 billion in 2018. The adoption of analog security cameras by the traffic department is high. The traffic department uses dedicated and high-performance cameras and centralized video management platforms. Video surveillance systems are deployed to count vehicles to enable traffic flow and monitor traffic violations such as red light skipping, speeding, wrong parking, and wrong-way travel. The need for secure military surveillance systems in borders, ports, and military and army bases also drives the growth of the segment. For instance, strategic locations such as borders and ports require security cameras for the implementation of effective surveillance systems to mitigate untoward security incidents. This will increase the demand for analog security cameras, which in turn will drive the growth of the market during the forecast period.
The following are examples of offline distribution channels for the market: Specialty stores and physical retailers with a focus on security gear, such as analog security cameras. These shops frequently have knowledgeable employees on hand to help consumers select the ideal camera for their needs. Electronics stores are big electronics stores that stock a variety of products, including analog security cameras, are Best Buy and Media Markt. Wholesale distributors are distributors who sell analog security cameras in bulk to retailers, integrators, or other resellers. They have a wide reach and can distribute products to various offline channels. These offline distribution channels complement online sales channels, allowing customers to physically view and compare analog security camera products, get advice from experts, and have face-to-face interactions with sales representatives, which in turn will drive the growth of the market during the forecast period.
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APAC is estimated to contribute 48% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The APAC (Asia-Pacific) market is anticipated to grow significantly during the forecast period. In a variety of industries, including retail, residential, commercial, and government, analog cameras are frequently utilized for surveillance. The growing emphasis on improving security measures is one of the main reasons propelling the growth of the market in Asia Pacific. Analog security camera usage is a result of increased criminal activity, terrorist concerns, and the demand for improved surveillance equipment in public areas. Another aspect driving market expansion is analog cameras low cost compared with their digital counterparts.
However, the growing popularity of digital IP cameras is posing problems for the analog security camera industry in Asia-Pacific. The improved characteristics of digital IP cameras, such as their greater resolution, remote accessibility, and intelligent video analytics, are driving the segment's rapid expansion. The market expansion for analog security cameras in the Asia-Pacific area is anticipated to be somewhat hampered by this move toward IP cameras. The market in APAC will experience significant growth due to the increasing focus on security, low cost, and demand from smart city projects during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Advanced Technology Video Inc. - The company offers various security camera such as IP Video Solutions, Analog Cameras, and Analog Recorders and Clearance Items.
Amcrest Technologies LLC - The company offers various analog security cameras such as Amcrest 5MP AI IP PoE Bullet Cam and Amcrest 4K AI Bullet POE Camera.
Costar Technologies Inc. - The company offers various analog security camera such as OCTIMA 3430HD Series, and OCTIMA 3490HD Series.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
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The market remains crucial for security and surveillance systems across diverse sectors including the construction sector and physical retail stores. Analog cameras such as bullet and dome cameras capture video signals transmitted to video cassette recorders (VCR) or digital video recorders (DVR) for remote monitoring and live video feed on TV sets or smartphones. These systems play a vital role in safeguarding residential premises and public and private spaces against security threats and robbery incidents. However, challenges like hacking, cybersecurity concerns, and data breaches highlight the need for advanced technology-driven solutions and Big Data analytics to mitigate cyber threats and enhance security measures. As emerging economies adopt analog systems, addressing technical expertise gaps and ensuring privacy protection are critical for maintaining market growth and effectively combating crime rates and security risks.
Market Scope |
|
Report Coverage |
Details |
Page number |
168 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.37% |
Market Growth 2024-2028 |
USD 1.36 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.93 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 48% |
Key countries |
US, China, India, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Advanced Technology Video Inc., Amcrest Technologies LLC, Costar Technologies Inc., D Link Corp., Dicsan Technology, EverFocus Electronics Corp., Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Hitron Systems Inc., Honeywell International Inc., i PRO Co. Ltd., IDIS Ltd., Infinova Group, Motorola Solutions Inc., RevLight Solutions Pte Ltd., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Teledyne Technologies Inc., Vicon Industries Inc., and Zhejiang Dahua Technology Co. Ltd. |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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