Security Cameras Market Is Estimated To Reach US$ 1,534.0 Mn By 2024 | Credence Research

According to a new market research report published by Credence Research “Security Cameras Market By Shape (Box-Shaped, Bullet-Shaped, Dome-Shaped), By System (Analog Cameras, Network Cameras), By Coverage (Fixed, Pan/Tilt/Zoom (PTZ), Panoramic, Thermal, Infrared/Nightvision), By Resolution (Analog Standard Resolution, VGA, Megapixel, HD), By Application (Indoor, Outdoor), By Connection (Wired, Wireless) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2024”, the global security cameras market stood at US$ 270.8 Mn in 2015 and is estimated to expand with a CAGR of 21.1% from 2016 to 2024.

The complete report is available at https://www.credenceresearch.com/report/security-cameras-market

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.

Some of the factors restraining the growth of security cameras market included lack of technological awareness among consumers and high initial costs. Despite declining costs of network cameras, customers in most of the developing countries are yet to adopt security camera solutions in their premises. In addition, lack of technological awareness among consumers has led to limited popularity of security cameras among various business owners in the emerging markets. However, with the rise of cheaper cameras and growing adoption of video surveillance as a service (VSaaS), the overall security cameras market is expected to witness a strong demand from these service providers. Thereby, the overall security cameras market is expected to witness strong growth across the world during the forecast period.

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.

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

Download Free PDF Sample Request: https://www.credenceresearch.com/sample-request/58347

Table of Content

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, 2014 – 2024, (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

Chapter 4 Market Inclination Insights: Security Cameras Market
4.1 Overview
4.1.1 Evolution of Security Cameras
4.1.2 Key Trends Analysis

Chapter 5 Global Security Cameras Market Analysis, By Shape
5.1 Market Analysis
5.2 Box-shaped
5.3 Bullet-shaped
5.4 Dome-shaped
5.5 Others

Chapter 6 Global Security Cameras Market Analysis, By System Type
6.1 Market Analysis
6.2 Analog Cameras
6.3 Network Cameras

Chapter 7 Global Security Cameras Market Analysis, By Coverage Type
7.1 Market Analysis
7.2 Fixed
7.3 Pan/Tilt/Zoom (PTZ)
7.4 Panoramic
7.5 Thermal
7.6 Infrared/Nightvision

Chapter 8 Global Security Cameras Market Analysis, By Resolution
8.1 Market Analysis
8.2 Analog Standard Resolution
8.3 VGA
8.4 Megapixel
8.5 HD

Chapter 9 Global Security Cameras Market Analysis, By Application
9.1 Market Analysis
9.2 Indoor
9.3 Outdoor

Chapter 10 Global Security Cameras Market Analysis, By Connection Type
10.1 Market Analysis
10.2 Wired
10.3 Wireless

Do Enquiry before Buying for research report: https://www.credenceresearch.com/inquiry-before-buying/58347

Medium Blog: https://medium.com/@kumarganesh028/security-cameras-market-is-estimated-to-reach-us-1-534-0-mn-by-2024-credence-research-e834635278be

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Media Contact

Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

Toll-Free (US/CANADA) Ph.: +1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Facebook Comments

Share this post