Analog Security Camera Market Worth USD 460.46 Million During 2020-2024 | Technavio

LONDON--(BUSINESS WIRE)--Nov 27, 2020--

The analog security camera market is expected to grow by USD 460.46 million, decelerating at a CAGR of over 2% during the forecast period.

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Increasing government security initiatives is one of the major factors propelling the market growth. However, factors such as limitations of data storage will hamper market growth.

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Analog Security Camera Market: End-user Landscape

In the public sector, analog security cameras are installed at several places, such as healthcare buildings, educational buildings, government buildings, religious buildings, and transportation infrastructure (roads and traffic junctions). The use of analog security cameras for video surveillance systems improves situational awareness, prevents untoward incidents, and simplifies response to emergencies. As a result, the demand for analog security cameras is increasing from government offices and organizations, as well as public infrastructures such as metro stations, traffic signals, and federal prisons. Market growth in this segment will be faster than the growth of the market in the commercial and industrial, residential segment.

Analog Security Camera Market: Geographic Landscape

APAC was the largest analog security camera market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Rapid urbanization and the increasing focus on smart city initiatives will significantly drive analog security camera market growth in this region over the forecast period. 53% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for analog security cameras in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

Advanced Technology Video Inc.
Costar Technologies Inc.
Hangzhou Hikvision Digital Technology Co. Ltd.
Hanwha Group
Hitron Systems Inc.
Honeywell International Inc.
Panasonic i-PRO Sensing Solutions Co. Ltd.
Pelco
Robert Bosch GmbH
Vicon Industries Inc.

What our reports offer:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

Market ecosystem
Market characteristics
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five forces analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by End-user

Market segments
Comparison by End-user
Public - Market size and forecast 2019-2024
Commercial and industrial - Market size and forecast 2019-2024
Residential - Market size and forecast 2019-2024
Market opportunity by End-user

Customer Landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Advanced Technology Video Inc.
Costar Technologies Inc.
Hangzhou Hikvision Digital Technology Co. Ltd.
Hanwha Group
Hitron Systems Inc.
Honeywell International Inc.
Panasonic i-PRO Sensing Solutions Co. Ltd.
Pelco
Robert Bosch GmbH
Vicon Industries Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: MARKETING CONSUMER ELECTRONICS COMMUNICATIONS SECURITY TECHNOLOGY PHOTOGRAPHY AUDIO/VIDEO

SOURCE: Technavio Research

PUB: 11/27/2020 06:17 AM/DISC: 11/27/2020 06:17 AM

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