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Network Cameras and Video Analytics: Global Strategic Business Report

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    Report

  • 182 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3397956

Global Network Cameras and Video Analytics Market to Reach $104.2 Billion by 2030

The global market for Network Cameras and Video Analytics estimated at US$25.5 Billion in the year 2022, is projected to reach a revised size of US$104.2 Billion by 2030, growing at a CAGR of 19.2% over the analysis period 2022-2030. IP Cameras, one of the segments analyzed in the report, is projected to record 17.5% CAGR and reach US$70.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Video Analytics Software segment is readjusted to a revised 23.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 18.1% CAGR

The Network Cameras and Video Analytics market in the U.S. is estimated at US$7.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17.4 Billion by the year 2030 trailing a CAGR of 18.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.3% and 16.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14% 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?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • 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

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 2022 through 2030 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 2021 and % CAGR
  • Table 3: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 6: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 9: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 12: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 15: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 18: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 21: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 24: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 27: World 18-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, 2023 & 2030
  • 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 2022 through 2030 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 2021 and % CAGR
  • Table 30: World 18-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, 2023 & 2030
  • Table 31: World Network Cameras and Video Analytics Market Analysis of Annual Sales in US$ Million for Years 2012 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Network Cameras and Video Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.

Table Information