About Security Cameras
Security cameras are the cameras used for the effective surveillance and monitoring systems at various locations. Security cameras find their applications at numerous organizations for providing safety and security around the surrounding areas. Various sectors like banking and finance, commercial, education, government, healthcare, manufacturing, residential, and sports use security cameras at their sites. Increasing consumer interest, greater concerns over security, shift from traditional security cameras, and brands' marketing push through discounts and promotions are the key market drivers enhancing the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Security Cameras market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Security Cameras Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Security Cameras market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sony Corporation (Japan), Swann Communications Pty. Ltd (United States), Shenzhen Leshi Video Tech. Co. Ltd (China), Arlo Technologies Inc (United States), ADT Inc. (United States), FrontPoint Security Solutions LLC (United States), Vivint Inc. (United States), SimpliSafe Inc. (United States), Panasonic Corporation (Japan), Ring LLC (United States), Reolink Digital Technology Co. Ltd (China) and Godrej Security Solutions (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Xiaomi Corporation (China), Canary Connect Inc (United States), Logitech International S.A (Switzerland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Security Cameras market by Type (Infrared Bullet Camera, Dome Camera, Box Camera, IP Camera, PTZ Camera, Wireless Camera and Others), Application (Indoor and Outdoor) and Region.
On the basis of geography, the market of Security Cameras has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Security Cameras market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the Security Cameras market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Resolution, the sub-segment i.e. 1080P will boost the Security Cameras market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing demand for wireless and cloud based security cameras.
Market Growth Drivers:
Increasing awareness of security cameras and their benefits. and Increase in Government Spending on Installation of Security Cameras.
Challenges:
Regulatory and compliance issues related to data privacy and security.
Restraints:
High cost of installation and maintenance. and Limited field of view.
Opportunities:
Technological advancement such as AI, facial recognition, and cloud based services.
Market Leaders and their expansionary development strategies
In April 2024, BearCom, a premier North American integrator of voice, security & data solutions, announced the acquisition of The Surveillance Shop ("TSS"), a leading Canadian commercial security integrator. Terms of the transaction were not disclosed.
In February 2023, Idis has launched a powerful but easy-to-deploy range of edge AI cameras. The new cameras to built on the company’s focus of extending the scalable use of its self-developed Idis Deep Learning Engine to meet security, safety, and operational needs with AI-powered appliances, servers, and software to suit organisations of all sizes in a wide range of vertical markets.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.