Security Cameras Market(Type – Analog, and Network) – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025, the global security cameras market stood at US$ 385.0 Mn in 2017 and is estimated to expand with a CAGR of 21.1% from 2017 to 2025.
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Market Insights
The global security cameras market has been primarily driven by increasing adoption of video surveillance systems and services across the world. With rising security threats and increasing instances of crime and terror attacks, there has been a growing need for public safety and protection. It has become imperative for various government bodies and businesses to deploy security cameras within the premises and around the perimeter to ensure law enforcement and public protection. Other factors such as technological advancements in cameras and rising applications in video analytics have opened up new avenues in the overall security cameras market across the world. End-use industries including retail, hospitability, and entertainment have been adopting security cameras with features such as facial recognition, behavior analysis, and event prediction. Moreover, declining cost of network or IP-based cameras has further fuelled the growth of the security cameras market across the world. In addition, technological advancements in thermal cameras, motion detection cameras, and day/night cameras have led to its increasing adoption in various high-end sectors in the developed market such as the U.S., UK, Germany, France, Japan, South Korea and China, among others.
Competitive Insights:
The overall security cameras market is highly consolidated with the presence of numerous well established players operating all across the world. With limited innovations in the camera products, the market participants in the security cameras market have been experiencing intense price-based competition. Furthermore, rise of camera manufacturers in China providing cheaper products has further led to the strain on numerous global camera manufacturers. Leading companies in the security cameras market have been engaged in design and development of advanced cameras with enhanced features and capabilities. Camera providers have been working closely with various sensors and video analytics providers to offer better products and increase their market share in the developed markets. Thereby, the market is expected to witness a rise in innovative applications which would further fuel the adoption of high-end security cameras across the world.
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Key Trends:
• Shift from analog cameras to network or IP-based cameras
• Increasing affordability of network or IP-based cameras due to declining prices and rise of cheaper cameras
• Increasing incorporation of various sensors and analytics in the security cameras to offer effective applications for end-users
• Increasing use of advanced cameras including thermal cameras, multi-megapixel cameras, super low-light cameras, and panoramic cameras, among others
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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Security Cameras Market
2.2 Global Security Cameras Market, By Shape
2.3 Global Security Cameras Market, By System Type
2.4 Global Security Cameras Market, By Coverage Type
2.5 Global Security Cameras Market, By Resolution
2.6 Global Security Cameras Market, By Application
2.7 Global Security Cameras Market, By Connection Type
2.8 Global Security Cameras Market, By Geography
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Security Cameras Market Revenue, 2015 – 2025, (US$ Mn)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Growth Inhibitors
3.2.3 Impact Analysis of Market Drivers and Restraints
3.3 Attractive Investment Proposition
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