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Network Cameras and Video Analytics: Global Strategic Business Report

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    Report

  • 182 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3397956

Global Network Cameras and Video Analytics Market to Reach $103.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Network Cameras and Video Analytics estimated at US$31.2 Billion in the year 2020, is projected to reach a revised size of US$103.2 Billion by 2027, growing at a CAGR of 18.6% over the analysis period 2020-2027. IP Cameras, one of the segments analyzed in the report, is projected to record 16.6% CAGR and reach US$69.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Video Analytics Software segment is readjusted to a revised 24% CAGR for the next 7-year period.

The U.S. Market is Estimated at $9.1 Billion, While China is Forecast to Grow at 18% CAGR

The Network Cameras and Video Analytics market in the U.S. is estimated at US$9.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$17.9 Billion by the year 2027 trailing a CAGR of 18% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16% and 16% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR.

Select Competitors (Total 19 Featured) -

  • ADT Security Services
  • Agent Video Intelligence
  • Axis Communications AB
  • Bosch Security Systems
  • Canon, Inc.
  • Cisco Systems, Inc.
  • Dahua Technology Co., Ltd.
  • Exacq Technologies
  • Genetec Inc.
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Hanwha Techwin Co., Ltd.
  • Honeywell International, Inc.
  • IC Realtime, LLC
  • MOBOTIX AG
  • Panasonic Corp.
  • Pelco Inc.
  • SightLogix Inc.
  • Verint Systems Inc.
  • VIVOTEK Inc.
  • Zhejiang Uniview Technologies Co., Ltd.

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Network Cameras and Video Analytics

What is the estimated value of the Global Market for Network Cameras and Video Analytics?

The Global Market for Network Cameras and Video Analytics was estimated to be valued at $31.2 Billion in 2020.

What is the growth rate of the Global Market for Network Cameras and Video Analytics?

The growth rate of the Global Market for Network Cameras and Video Analytics is 18.6%, with an estimated value of $103.2 Billion by 2027.

What is the forecasted size of the Global Market for Network Cameras and Video Analytics?

The Global Market for Network Cameras and Video Analytics is estimated to be worth $103.2 Billion by 2027.

Who are the key companies in the Global Market for Network Cameras and Video Analytics?

Key companies in the Global Market for Network Cameras and Video Analytics include ADT Security Services, Agent Video Intelligence, Axis Communications AB, Bosch Security Systems, Canon, Inc., Cisco Systems, Inc., Dahua Technology Co., Ltd., Exacq Technologies and Hangzhou Hikvision Digital Technology Co. Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Video Surveillance Evolves from CCTVs to Network Video Systems, Ushering in the Entry of Network Cameras
  • Recent Market Activity
  • Superior Benefits Pitch "Network Cameras" as a Direct Competitor to Analog Cameras
  • Video Analytics Software: A Perfect Ally for IP Based Network Cameras
  • Outlook - Higher Pixels, Low Prices and More Capabilities to Drive Growth
  • Sizing the Market
  • Market Opportunities Rapidly Shift Towards Emerging Countries
  • Network Cameras and Video Analytics - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • ADT Security Services (USA)
  • Agent Video Intelligence (Israel)
  • Avigilon Corporation (Canada)
  • Axis Communications AB (Sweden)
  • BASLER AG (Germany)
  • Bosch Security Systems (Germany)
  • Canon, Inc. (Japan)
  • Milestone Systems A/S (Denmark)
  • Cisco Systems, Inc. (USA)
  • Dahua Technology Co., Ltd. (China)
  • DIGIOP, Inc. (USA)
  • Exacq Technologies (USA)
  • Genetec Inc. (Canada)
  • Hangzhou Hikvision Digital Technology Co. Ltd. (China)
  • Hanwha Techwin Co., Ltd. (South Korea)
  • Honeywell International Inc. (USA)
  • IC Realtime, LLC (USA)
  • March Networks, Inc. (Canada)
  • MOBOTIX AG (Germany)
  • ObjectVideo, Inc. (USA)
  • Panasonic Corporation (Japan)
  • Pelco Inc. (USA)
  • SightLogix Inc. (USA)
  • Speco Technologies (USA)
  • Swann Communications Pty. Ltd. (Australia)
  • Verint Systems Inc. (USA)
  • Viasys Intelligent Video Analytics (Germany)
  • VIVOTEK Inc. (Taiwan)
  • Zhejiang Uniview Technologies Co., Ltd. (China)
3. MARKET TRENDS & DRIVERS
  • Rising Safety & Security Concerns Create Opportunities for IP-based Surveillance Products
  • High Public Perception of Crime Encourages Drives Demand for NCVSS
  • Rapid Urbanization & Ensuing Rise in Public Safety Requirements - A Business Case for Mass Surveillance
  • Positive Outlook for Global Construction Industry & Subsequent Rise in Security Deployments to Drive Demand
  • Increase in Business Starts & Growing Office Space Occupancy to Boost Market Prospects
  • Application Trends & Drivers
  • Government Safety Mandates Drive Adoption of Video Surveillance
  • Government Investments Contribute Major Share in Total Revenue
  • New Application Possibilities Beyond Security & Surveillance to Spur Demand Momentum in the Market
  • Rise in Visual Communications/Video Conferencing Spurs Demand for Network Cameras
  • Retail Sector: The Fastest Growing End-Use Market for IP/Network Cameras
  • Transportation: A Lucrative End-Use Market for Network Camera & Video Analytics
  • Healthcare & Hospitality Industries Add to the Demand
  • Video Surveillance Enters into Uncharted Territories, Benefits IP Cameras and Video Analytics
  • Technology Trends & Drivers
  • High Resolution Cameras - A Major Growth Factor
  • The Quest for Product Differentiation Continues among Network Camera Manufacturers
  • IP/Network Cameras with Wide Dynamic Range Capabilities Gaining Attention
  • Thermal Network IP Cameras Take Video Capture Capabilities a Step Further than Day/Night IP Cameras
  • PoE Based Cameras Continue to Rule, While Wi-Fi Enabled Wireless Cameras Grows in Popularity
  • CMOS Sensors Overshadows CCD Image Sensors in IP Network Cameras
  • H.264 technology Eases Bandwidth & Storage Needs for Network Cameras
  • PTZ Cameras Score Over Fixed Cameras for Surveillance at Crowded Areas
  • Dome Shape IP Cameras Gaining Popularity for Discrete & Non-Obtrusive Surveillance
  • Network Cameras with Facial Recognition Growing in Prominence Among Law Enforcement Agencies
  • Mobile Video Surveillance Made Possible by Network Cameras
  • Edge-Based Video Analytics - A Competitive Advantage for Network Camera Manufacturers
  • Data Storage Concerns Emerge with High Resolution Cameras
  • Huge Price Drops Call for Focus Elsewhere
  • Early Detection & Prevention of Crime Made Easy by Video Analytics
  • Prospects for Deep Learning in Analytics Aplenty
  • Need for Intelligent Video Analytics Spurs Demand for Open Standards Based Solutions
  • Rising Sophistication of Video Analytics Augurs Well for Video Surveillance Market
  • Cloud Solutions to Benefit Network Camera & Video Analytics Market
  • Integrated Solutions to Sway the Market
  • Hosted Security Services - The New Paradigm
  • Market Challenges
  • Cybersecurity Issues Come to the Fore
  • High Initial Costs & High Bandwidth Requirements - Major Challenges for Network Cameras
  • Lack of Data Privacy - A Major Issue for Network Cameras
  • Complexity & False Alarms - Major Issues for Video Analytics
  • Awareness Levels Continues to be Low - Particularly in Developing Markets
  • High Expectations
  • Competition
  • Pricing Pressures Squeeze Revenue Growth in the Market
  • Competitive Threats Push Manufacturers to Explore New Strategies
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Network Cameras and Video Analytics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Network Cameras and Video Analytics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Network Cameras and Video Analytics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for IP Cameras by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for IP Cameras by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for IP Cameras by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Video Analytics Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Video Analytics Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Video Analytics Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Banking & Financial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Banking & Financial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Banking & Financial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 24: World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 25: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 26: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 27: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 28: World Recent Past, Current & Future Analysis for Security / Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 29: World Historic Review for Security / Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 30: World 15-Year Perspective for Security / Surveillance by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 31: World Network Cameras and Video Analytics Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ADT Security Services
  • Agent Video Intelligence
  • Axis Communications AB
  • Bosch Security Systems
  • Canon, Inc.
  • Cisco Systems, Inc.
  • Dahua Technology Co., Ltd.
  • Exacq Technologies
  • Genetec Inc.
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Hanwha Techwin Co., Ltd.
  • Honeywell International, Inc.
  • IC Realtime, LLC
  • MOBOTIX AG
  • Panasonic Corp.
  • Pelco Inc.
  • SightLogix Inc.
  • Verint Systems Inc.
  • VIVOTEK Inc.
  • Zhejiang Uniview Technologies Co., Ltd.