Analog Security Camera Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, India, UK, Germany - Size and Forecast 2024-2028

Analog Security Camera Market 2024-2028 :

The analog security camera market size is estimated to grow at a CAGR of 5.37% between 2023 and 2028. The market size is forecast to increase by USD 1.36 billion. The growth of the market depends on several factors, including increasing government security initiatives, the need to mitigate criminal and terrorist activities and the increasing application of video surveillance in residential and commercial sectors. Analog security cameras are used for video surveillance. These cameras monitor the perimeters of various areas and provide information in the form of images and videos. They are used to oversee spaces of properties such as houses, schools, retail shops, banks, restaurants, airports, parking spaces, hospitals, streets, parks, rivers, traffic junctions, and squares. An analog security camera records the captured content on a digital video recorder (DVR) and also can be connected directly to a regular television (TV) or monitor.

The report offers extensive research analysis on the analog security camera market with a categorization based on end-user, including public, commercial and industrial, and residential. It further segments the market by distribution channel, encompassing offline and online. Additionally, the report provides geographical segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD million) for all the mentioned segments.

What will be the Size of the Analog Security Camera Market During the Forecast Period?

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Analog Security Camera Market Overview

 Driver

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. In an effort 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 analog security camera market during the forecast period.

Trends

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.

Restrain

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 global analog security camera market during the forecast period.

Analog Security Camera Market Segmentation By End-user Segment

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 global analog security camera market during the forecast period.

Analog Security Camera Market Segmentation By Distribution Channel Segment  

The following are examples of offline distribution channels for the global analog security camera 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 analog security camera market during the forecast period.

Regional Overview

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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) analog security camera 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 analog security camera 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 analog security camera 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 COVID-19 pandemic in 2020 had a significant impact on the analog security camera market in APAC.  However, the government initiation on vaccination drives in 2021 helped in the reduction of COVID-19 cases, which further helped in the resumption of manufacturing and supply chain operations of analog security cameras. The need for analog security cameras is being driven by the significant investments made by APAC governments in security infrastructure. Businesses and homeowners are finding analog security cameras more appealing, which, in turn, will drive the growth of the regional analog security camera market during the forecast period.

Analog Security Camera Market Customer Landscape

The Analog Security Camera 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 Analog Security Camera Market Customer Landscape

Who are the Major Analog Security Camera Market Companies?

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:

• 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.
• Zhejiang Dahua Technology Co. Ltd.

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.

Segment Overview

The analog security camera market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2022.

• End-user Outlook
  • Public
  • Commercial and industrial
  • Residential

• Distribution Channel Outlook
  • Offline
  • Online

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile
    • Brazil
    • Argentina 
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Analog Security Camera 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 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 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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What are the Key Data Covered in this Analog Security Camera Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2024 and 2028
• Precise estimation of the market  size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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