Analog Security Camera Market Size - By Camera Type (Dome Cameras, Bullet Cameras, Box Cameras, PTZ Cameras, 360-Degree Cameras, Thermal Cameras), Application (Residential, Commercial, Industrial), Distribution Channel, Resolution & Forecast, 2024 – 2032

Analog Security Camera Market Size

Analog Security Camera Market size was valued at USD 15.43 billion in 2023 and is anticipated to grow at a CAGR of 9.7% between 2024 and 2032. The increasing instances of theft, vandalism, and security breaches have heightened the demand for analog security camera systems. The security camera could be used to inspect housing for any kind of damage, exposed wires, cracked glass, and significant scratches on the camera lens.
 

Outdoor cameras are particularly vulnerable as they are always exposed to the environment, but manufacturers are developing and innovating cameras to address the issue. Various sectors, such as industry and residents, require a full security solution to safeguard the assets and at times help in identifying the thieves.
 

For instance, in December 2022, EverFocus Electronics Corporation launched EZA1281/EHA1281, which is a day/night outdoor IR analog camera outfitted with a 2.8-12 mm varifocal lens with ICR to capture the desired field of view. The camera is equipped with weather-resistance (IP66) metal housing and a wide operating temperature range of -20°C~50°C to ensure reliability and less susceptibility to weather. These flexibilities make them a great option for monitoring, security protection, and bringing safety effectively to diverse open areas.
 

The requirement for analog security cameras is growing with the rising demand for surveillance solutions. Organizations are making security solutions robust to provide safety to assets and people. With the increasing need for remote monitoring, 360-degree cameras are now used at various places to track the surroundings without leaving a blind spot. The devices enable users to view live or recorded footage from any location via mobile devices or web browsers. This remote accessibility enhances monitoring capabilities and facilitates remote management of surveillance systems.
 

Cleaning lenses is crucial to security camera maintenance as even small smudges can significantly reduce video clarity. Analog systems tend to have higher maintenance costs due to the need for regular manual checks, physical tape management for storage, and higher susceptibility to wear & tear. In addition to this, analog devices generally consume more power compared to their digital counterparts, leading to higher operational costs over time.
 

Analog Security Camera Market Trends

Advancements in analog security cameras are making them smaller and more discreet, making them suitable for installations where aesthetics and space constraints are important. Analog cameras are seamlessly integrating smart features, making them more suitable for security purposes. This includes motion detection, facial recognition, license plate recognition, and object counting. These features enhance security effectiveness and enable proactive monitoring. Bullet-styled models, dome cameras, and miniaturized form factors offer versatile options for various surveillance needs.
 

For instance, in July 2022, Hikvision announced the launch of its new DeepinView bullet network cameras with TandemVu technology, expanding the reach of TandemVu technology from PTZ units to bullet-styled models. The new TandemVu-enabled bullet cameras are also able to monitor large scenes and close-up details simultaneously, maintaining both viewpoints for improved situational awareness and security capability.
 

The ease of installation & use of analog security cameras stems from their compatibility, simplicity, intuitive interfaces, flexible placement options, scalability, and reliability. These qualities make analog cameras an accessible and practical choice for a wide range of surveillance applications. Analog cameras operate on a closed circuit unlike IP cameras, which require network configuration and IP addressing. This means that there is no need to configure network settings or worry about IP conflicts, simplifying the setup process. Users can simply connect the cameras to a compatible Digital Video Recorder (DVR) or monitor using coaxial cables.
 

Analog Security Camera Market Analysis

Based on camera type, the market is segmented into dome cameras, bullet cameras, box cameras, Pan-Tilt-Zoom (PTZ) cameras, 360-degree cameras, thermal cameras, and others. The thermal cameras segment is the fastest growing segment and is set to expand at a CAGR of over 11% between 2024 and 2032.
 

• The use of AI-based technology has increased in almost every domain. Thermal cameras use features of AI and enable advanced analytics and automation capabilities. By leveraging AI algorithms, these cameras are becoming useful to identify and analyze temperature variations in real-time, allowing for proactive maintenance, early detection of equipment malfunctions, and prevention of potential safety hazards. This enhances operational efficiency and reduces downtime, leading to cost savings for businesses.
   
• For instance, in February 2024, Hanwha Vision, a global vision solution provider, launched its AI-based high-performance radiometric thermal camera range. These compact cameras meet the needs of customers requiring precise temperature measurements, from -40°C to 550°C, in addition to security and surveillance functions, making them ideal for industrial applications (manufacturing, utilities, and energy) as well as airports, shipping, and mining industries.

Based on resolution, the analog security camera market is divided into Standard Definition (SD), High Definition (HD), and Ultra-High Definition (UHD). The High Definition (HD) segment dominated the market with a share of over 55% in 2023.
 

• Within the HD segment, there is a trend toward higher resolutions such as 720p (HD), 1080p (Full HD), and even higher. As technology advances, surveillance cameras are becoming more capable of capturing sharper and more detailed images, enhancing overall video quality and allowing for better identification of objects and individuals. For instance, in April 2024, Hikvision announced the latest generation of its Turbo HD range of analog security products. Turbo HD 8.0 delivers a more comprehensive & interactive security experience for users, enabling them to augment their visual security environment.

The North America analog security camera market size is projected to witness 9.5% CAGR from 2024 to 2032. This surge in demand can be attributed to several key factors, driving the adoption of analog security cameras across diverse industries. Many establishments in Asia Pacific already have analog CCTV systems in place. The compatibility of analog security cameras with existing coaxial cable infrastructure simplifies the upgrade process, allowing businesses to transition to higher-resolution analog cameras without the need for costly rewiring or infrastructure upgrades.
 

Analog security cameras remain a popular choice due to their proven track record of performance and reliability despite the emergence of digital and IP-based surveillance systems. Businesses and consumers in North America trust analog cameras for their surveillance needs, especially in critical applications where reliability is paramount.
 

Analog Security Camera Market Share

Hikvision and Dahua Technology held over 25% of the analog security camera industry share in 2023. Hikvision is a leading global provider of security and surveillance solutions, including analog security cameras. Founded in 2001 and headquartered in China, Hikvision has grown to become one of the largest manufacturers of video surveillance equipment in the world. The company offers a wide range of analog security cameras designed for various applications, from small-scale residential surveillance to large-scale commercial and industrial installations. Hikvision's analog camera lineup includes bullet cameras, dome cameras, Pan-Tilt-Zoom (PTZ) cameras, and specialty cameras with features such as night vision, Wide Dynamic Range (WDR), and thermal imaging.
 

In the analog security camera segment, Dahua has gained recognition for its high-quality, reliable cameras tailored to various surveillance needs. These cameras typically utilize analog technology, offering cost-effective solutions for businesses and organizations seeking to bolster their security infrastructure. Dahua emphasizes innovations and research, continually striving to enhance its products with the latest technological advancements. This commitment to innovation has helped the company stay at the forefront of the market, earning it a solid reputation among customers worldwide.
 

Analog Security Camera Market Companies

Major companies operating in the analog security camera industry are:

• Hikvision
• Dahua Technology
• Axis Communications
• Bosch Security Systems
• ACTi Corporation
• Honeywell International Inc.
• Panasonic Corporation
   

Analog Security Camera Industry News

• In January 2024, Xiaomi launched the 360 Home Security Camera 2K with Wi-Fi support and infrared LEDs. The Mi 360° Home Security Camera 2K uses ultra-clear HD technology to capture more detailed images. The fully upgraded lens effectively reduces light refraction for clearer & more detailed images.
   
• In July 2023, D-Link, a global leader in networking and connectivity, announced the launch of its Made in India range of Surveillance solution christened ‘Indigenous Series’. This is in line with D-Link’s commitment to governments ‘Make in India’ vision, that focuses on local manufacturing. D-Link Indigenous series includes a range of IP-based cameras and network video recorders.
   

The analog security camera market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2021 to 2032, for the following segments:

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Market, By Camera Type

• Dome cameras
• Bullet cameras
• Box cameras
• Pan-Tilt-Zoom (PTZ) cameras
• 360-degree cameras
• Thermal cameras
• Others

Market, By Resolution

• Standard Definition (SD)
• High Definition (HD)
  • 720p HD
  • 1080p full HD 
• Ultra-High Definition (UHD)
  • 4K UHD
  • 8K UHD

Market, By Application

• Residential
• Commercial
  • Retail
  • Offices
  • Hospitality
  • Banking and finance
  • Healthcare
  • Others 
• Industrial
• Government
  • Law enforcement
  • Public facilities
  • Military

Market, By Distribution Channel

• Online channels
• Offline channels
  • Brick-and-mortar stores
  • System integrators

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA