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, sports, etc, use security cameras at their sites.
These types of cameras are typically used to provide protection and hence have the ability to track and record everything in their range, which can be reviewed later for any details.
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SECURITY CAMERA MARKET DYNAMICS
The global security market is basically driven by the increase in the security concerns, which raises the demand for the use of video surveillance devices in households and various industries. One of the main driving factors for the market of security cameras is also the increase in the budget by various governments over the public safety measures, which are being handled through the video surveillances at various public places. Some other factors, driving the growth of the market are increase in the terror threats and rising crime rates in various countries across the globe.
COVID 19 IMPACT ON SECURITY CAMERA MARKET
The world was hit by a sudden virus which spread across the globe in no time. This spread of an unusual tiny virus, stopped everything; the governments across the globe instituted lockdowns and travel restrictions in order to control the spread of the disease.
The sudden lock downs across the globe, gave rise to huge unemployment, which definitely gave rise to robberies, murders, various other threats to life. Therefore, the security camera market would see a rise in demand post COVID, owing to the reason of the people’s concern towards the safety.
Also, the medical sector, which makes enough use of the security cameras, showed high demand in the COVID era; the medical sector also introduced new technologies of monitoring the COVID infected patients, which further increased the demand of the security cameras in the market.
SECURITY CAMERA MARKET SEGMENTAL OVERVIEW
The report analyses the security camera market based on the system type, shape, coverage, connection type, resolution, application, and geography. On the basis of system type, the market is classified into analog cameras, and network cameras. Based on the shape of the cameras, the market is classified into box shaped, bullet shaped, and dome shaped. Based on the coverage, the market is divided into fixed, PTZ, panoramic, thermal, and infrared / night vision. The connection type segment classifies the market into wired and wireless. On the basis of resolution, the market is divided into analog standard resolution, VGA, megapixel, and HD. And, on the basis of applications, the market is divided into indoor and outdoor.
SECURITY CAMERA MARKET BY SYSTEM TYPE
Based on the system type, the security camera market is divided into analog cameras and network cameras. The analog security cameras are the standard definition cameras, used when the user only needs to see the live tracking on a monitor. Whereas, the network security cameras are digital video cameras that are capable of receiving control data and sending image data using an internet protocol network.
SECURITY CAMERA MARKET BY SHAPE
On the basis of the shape and functionalities of the cameras, the security camera market is classified into box shaped, bullet shaped, and dome shaped.
SECURITY CAMERA MARKET BY COVERAGE
On the basis of coverage, the security camera market is classified into fixed, PTZ (Pan/Tilt/Zoom), panoramic, thermal, and infrared. The PTZ cameras are the types of cameras which can move to the left and right direction (panning) and can be zoomed closer and farther (Tilting & Zooming). The thermal cameras are those cameras that use thermal detectors, which provide excellent image performance with high efficiency.
SECURITY CAMERA MARKET BY CONNECTION TYPE
Based on the connection type, the market is classified into wired connection, which uses cables to connect devices, and the wireless connection, which is set up by skipping the use of cables for connecting the devices using radio frequencies ranging from 1 GHz to 2.4 GHz.
SECURITY CAMERA MARKET BY RESOLUTION
By resolution, the security camera market is classified into analog standard resolution, having a resolution of 640 * 480; VGA (Video Graphics Array), used to support high – definition video, up to resolutions of at least 1080p; megapixel, which equals to one million pixels and HD (High Definition), which is a display resolution measuring 1280 * 720 pixels (horizontally).
SECURITY CAMERA MARKET BY APPLICATION
On the basis of applications, the security camera market is classified into indoor applications and the outdoor applications. The security cameras for the indoor applications are found in residential sectors and the private buildings; owing to the surge in the number of burglary cases. The security cameras help to record everything which can be used to track and investigate later. For the outdoor applications, the security cameras are found in various public places and industries in the concern of numerous safety issues.
SECURITY CAMERA MARKET BY GEOGRAPHY
Geographically, the security camera market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East &Africa.
The Asia Pacific region is expected to dominate the market, owing to the higher acceptance of smart cameras by the military & defence sector over there. Also, high growth of electronics and the semiconductor industries in the region is another factor supporting the growth of the region.
SECURITY CAMERA MARKET KEY PLAYERS
Some of the major players operating in this market include Arecont Vision LLc (US), Avigilon Corporation (Canada), Axis Communication (Sweden), Bosch Security Systems (Germany), Canon Inc. (Japan), Cisco Systems Inc. (US), Dahua Technology (China), Hikvision Digital Technology Co. Ltd. (China), Honeywell International Inc. (US), JVCKENWOOD (Japan), Mitsbishi Electric (Japan), Panasonic Corporation (Japan), Samsung Techwin (South Korea), Sony Electronics Inc. (Japan), among many others.
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