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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.
North America market size is anticipated to grow at 9.5% CAGR between 2024 and 2032, attributed to rising need for cost-effective solutions, easy installation, and increasing crime rates.
The high definition (HD) resolution segment accounted for over 55% share in 2023, due to their ability to high video quality and better identification of objects and individuals.
The thermal cameras segment in the analog security camera industry is estimated to depict over 11% CAGR between 2024 and 2032, as these cameras are useful to identify and analyze temperature variations in real-time.
The market size of analog security camera reached USD 15.43 billion in 2023 and is set to witness 9.7% CAGR from 2024 to 2032, owing to the increasing instances of theft, vandalism, and security breaches.