The global market for Network Cameras and Video Analytics is estimated at US$34.0 Billion in 2023 and is projected to reach US$117.0 Billion by 2030, growing at a CAGR of 19.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth of the network camera and video analytics market is propelled by several key factors including the rising demand for smart home devices and the expansion of smart city projects, which integrate these technologies for enhanced public safety, traffic management, and urban planning. Technological advancements in AI and machine learning continually refine the capabilities of video analytics, increasing their accuracy and expanding their application scope. Strategic partnerships and collaborations among tech providers broaden the utility and integration potential of these technologies, making them indispensable in modern surveillance and security systems. Additionally, as urban areas expand, the demand for sophisticated surveillance systems grows to ensure public safety and manage complex infrastructures, further driving the adoption of network cameras and video analytics. These technologies also support large-scale infrastructure projects by providing scalable surveillance solutions that ensure security and operational efficiency. As digital transformation accelerates, the integration of these technologies with IoT and other digital systems enhances the overall functionality and intelligence of security operations, ensuring they remain robust in increasingly connected and technologically advanced environments.
The growth of the network camera and video analytics market is propelled by several key factors including the rising demand for smart home devices and the expansion of smart city projects, which integrate these technologies for enhanced public safety, traffic management, and urban planning. Technological advancements in AI and machine learning continually refine the capabilities of video analytics, increasing their accuracy and expanding their application scope. Strategic partnerships and collaborations among tech providers broaden the utility and integration potential of these technologies, making them indispensable in modern surveillance and security systems. Additionally, as urban areas expand, the demand for sophisticated surveillance systems grows to ensure public safety and manage complex infrastructures, further driving the adoption of network cameras and video analytics. These technologies also support large-scale infrastructure projects by providing scalable surveillance solutions that ensure security and operational efficiency. As digital transformation accelerates, the integration of these technologies with IoT and other digital systems enhances the overall functionality and intelligence of security operations, ensuring they remain robust in increasingly connected and technologically advanced environments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the IP Cameras segment, which is expected to reach US$78.7 Billion by 2030 with a CAGR of a 17.5%. The Video Analytics Software segment is also set to grow at 24.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $9.1 Billion in 2023, and China, forecasted to grow at an impressive 18.0% CAGR to reach $17.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Network Cameras and Video Analytics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Network Cameras and Video Analytics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Network Cameras and Video Analytics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ADT Security Services, Agent Video Intelligence, Axis Communications AB, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 19 Featured):
- ADT Security Services
- Agent Video Intelligence
- Axis Communications AB
- Bosch Security Systems
- Canon, Inc.
- Cisco Systems, Inc.
- Dahua Technology Co., Ltd.
- Exacq Technologies
- Genetec Inc.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Hanwha Techwin Co., Ltd.
- Honeywell International, Inc.
- IC Realtime, LLC
- MOBOTIX AG
- Panasonic Corp.
- Pelco Inc.
- SightLogix Inc.
- Verint Systems Inc.
- VIVOTEK Inc.
- Zhejiang Uniview Technologies Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- ADT Security Services
- Agent Video Intelligence
- Axis Communications AB
- Bosch Security Systems
- Canon, Inc.
- Cisco Systems, Inc.
- Dahua Technology Co., Ltd.
- Exacq Technologies
- Genetec Inc.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Hanwha Techwin Co., Ltd.
- Honeywell International, Inc.
- IC Realtime, LLC
- MOBOTIX AG
- Panasonic Corp.
- Pelco Inc.
- SightLogix Inc.
- Verint Systems Inc.
- VIVOTEK Inc.
- Zhejiang Uniview Technologies Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 34 Billion |
| Forecasted Market Value ( USD | $ 117 Billion |
| Compound Annual Growth Rate | 19.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
