Security Cameras Market

Introduction of the Security Cameras Market Report

A security camera is composed system of cameras, monitors/display units, and recorders. The cameras are either analog or digital with a host of different design features, which can be discussed momentarily. The installation of a video surveillance system helps in preventing crimes due to its visual control unit.

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Market Dynamic

Key Drivers and Emerging Trends

Smart home penetration has led to the adoption of smart home solutions and services that includes security cameras.  Security and safety are the two major factors that are responsible for the growth of the market. Strategic initiatives by the governmental bodies across the globe has pushed the growth of the market. For instance, in 2019 Govt. of India teamed up with the state governmental bodies for a cause “Safe City Project”, to be run in eight metropolitan cities in India, Mumbai, Delhi, Kolkata, Chennai etc. which stated that security cameras will be installed in the public places with live streaming, which projects the high demand for the security cameras. In addition, cybersecurity is another factor which is responsible for the acceleration of the security camera market. With the increased adoption of IOT in the security cameras, sophisticated security protocols in video solutions are now being offered, leading to the stable and secure featured rich video. The emergence of thermal cameras and the penetration of IoT in video surveillance have led to a steep rise in the demand for Internet Protocol (IP)-based camera systems. IoT has reshaped the future of video surveillance whereby devices are able to record and analyse video data in one go, and they can provide security managers with deep insights instead of single pieces of information, leading an upsurge in the demand for the security cameras.

In addition, strategic initiatives by the key players in the market, like technological advancements, expansion, acquisitions are the factors that are expected to drive the growth of the market. For instance, in 2021 Kami smart cameras are now available for purchase from Argos. In 2020 Kami launched its mini security camera with face recognition feature.  Furthermore, video surveillance systems which is mostly adopted by the financial and banking services, transportation and retail has uplifted the demand for the security cameras.

Restraint in the Security Cameras Market

However, difficult configuration system of cameras coupled with rise in number of cost-effective products by the unorganized players, are the major factors that are hampering the growth of the market.

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Product – Segment Analysis

Based on the product, wired is expected to dominate the global security cameras market over the forecast period. This is due to stronger and longer durability and reliability, which makes the device crucial the home security. Wired smart home security cameras are widely used for various household purposes owing to their low installation and maintenance costs. Furthermore, smart wired security camera witness low failure rates, leading to the growth of the market.

Application – Segment Analysis

Based on the application, commercial segment is expected to dominate the global security cameras market over the forecast period. Strategic initiatives by the key players which has surged the share of the segment, like in 2018, Arlo Technologies, Inc. officially announced its partnership with Eagle Eye Networks for the development of commercial video surveillance technology which supports wireless and wired IP secured systems. These commercial systems are expected to experience a robust growth in different sectors such as healthcare, retail etc.

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Regional – Segment Analysis:

Based on the region, North America is expected to dominate the global security cameras market over the forecast period. This is attributed to increasing number of nuclear families in American households, such as Canada, and U.S. thus urging consumers to spend more on households security devices or smart home devices. Increasing penetration of smart homes is also boosting the demand for smart home security camera to access control over the safety of the households.

Top Market Players

Various notable players operating in the market, include, Vivint, Inc., ADT, SimpliSafe, Inc., Brinks Home Security, Axis Communications., LiveWatch Security LLC, Skylinkhome, Protect America, Inc., SAMSUNG, Frontpoint Security Solutions, LLC, among others. 

Key Developments:

• • In 2020, Axis Communications introduced a new addition in its AXIS M30 Network Camera Series. AXIS M3068-P, is a 12 MP mini-dome with up to 15 fps with Forensic WDR, whereas AXIS M3067-P is a 6 MP camera that has up to 30 fps with Forensic WDR and has Lightfinder technology.

Segments covered in the Report:

The global security cameras market has been segmented based on product, application, and regions. Based on product, the market is segmented into wired and wireless. Based on type the market has been segmented into analog and IP. Based on application, the market is segmented into doorbell camera, indoor camera, and outdoor camera. 

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Key questions answered in this research report:

• • At what pace is global security cameras market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in security cameras market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global security cameras market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various application areas of global security cameras market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Vivint, Inc., ADT, SimpliSafe, Inc., Brinks Home Security, Axis Communications., LiveWatch Security LLC, Skylinkhome, Protect America, Inc., SAMSUNG, Frontpoint Security Solutions, LLC, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Security Cameras Market by Product

• • Wired
  • Wireless

Global Security Cameras Market by Type

• • Analog
  • IP

Global Security Cameras Market by Application

• • Residential
  • Commercial
  • Infrastructural

Global Security Cameras Market by Region

• • North America Security Cameras Market (Option 1: As a part of the free 25% customization)
    • North America Security Cameras Market by Product
    • North America Security Cameras Market by Type
    • North America Security Cameras Market by Application
    • US Security Cameras Market All-Up
    • Canada Security Cameras Market All-Up
  • Europe Security Cameras Market (Option 2: As a part of the free 25% customization)
    • Europe Security Cameras Market by Product
    • Europe Security Cameras Market by Type
    • Europe Security Cameras Market by Application
    • UK Security Cameras Market All-Up
    • Germany Security Cameras Market All-Up
    • France Security Cameras Market All-Up
    • Spain Security Cameras Market All-Up
    • Rest of Europe Security Cameras Market All-Up
  • Asia-Pacific Security Cameras Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Security Cameras Market by Product
    • Asia-Pacific Security Cameras Market by Type
    • Asia-Pacific Security Cameras Market by Application
    • China Security Cameras Market All-Up
    • India Security Cameras Market All-Up
    • Japan Security Cameras Market All-Up
    • Rest of APAC Security Cameras Market All-Up
  • RoW Security Cameras Market (Option 4: As a part of the free 25% customization)
    • RoW Security Cameras Market by Product
    • RoW Security Cameras Market by Type
    • RoW Security Cameras Market by Application
    • Brazil Security Cameras Market All-Up
    • South Africa Security Cameras Market All-Up
    • Saudi Arabia Security Cameras Market All-Up
    • UAE Security Cameras Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Security Cameras Market All-Up

Major Players Operating in the Security Cameras (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Vivint, Inc.
  • ADT
  • SimpliSafe, Inc.
  • Brinks Home Security
  • Axis Communications.
  • LiveWatch Security LLC
  • Skylinkhome
  • Protect America, Inc.
  • SAMSUNG
  • Frontpoint Security Solutions, LLC