Global HD Security Cameras Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:
The latest research study on the global HD Security Cameras market finds that the global HD Security Cameras market reached a value of USD 6595.9 million in 2022. It’s expected that the market will achieve USD 11021.5 million by 2028, exhibiting a CAGR of 8.93% during the forecast period.
LimitationsAffected by alternatives.
HD Security Cameras may be affected by alternatives. Although it is relatively expensive compared to current IP Cameras, its use and rendering are better than HD Security Cameras. Therefore, with the rapid development of IP Cameras, IP Camera will be the demand for HD Security Cameras.
There are still technical flaws
The first is that the back-end device can no longer get the original image, and it cannot be satisfied in some applications where the original bit stream needs to be preserved or where the demand for the bit stream is high. Secondly, image restoration is a process of encoding and decoding, which brings delay (more than 50ms), but it cannot be satisfied in some occasions with high real-time requirements.
OpportunitiesIntelligent HD
HD is an important factor in the rapid expansion of HD Security Cameras in recent years. The leap from standard definition to high definition. High-resolution surveillance images cannot make people see more clearly and extract more accurate information that people pay attention to, such as the attributes of people and cars in the images. This is the process of intelligent analysis and video structuring, which is also the basis of intelligent and large-data applications.
Networking and intelligence
With the development of network communication technology, video monitoring system can transmit video data through the Internet remotely, thus realizing the function of remote monitoring, which greatly expands the scope of video monitoring. Of course, the development trend of network also makes the amount of video data become larger and larger, which requires the system to have stronger functions such as storage, retrieval and backup. At the same time, massive video data also put forward higher requirements for the intelligent development of video surveillance system.
Region Overview:In 2022, the share of the HD Security Cameras market in China stood at 37.61%.
Company Overview:Hikvision Digital Technology is one of the major players operating in the HD Security Cameras market, holding a share of 25.23% in 2023.
Hikvision Digital Technology
Hikvision is an intelligent Internet of things solution and big data service provider with video as the core.
Dahua Technology
Zhejiang Dahua Technology Co., Ltd. (Dahua Technology) is a world-leading video-centric smart IoT solution and service provider. Based on technological innovations, Dahua Technology offers end-to-end security solutions, systems, and services to create values for city operations, corporate management, and consumers.
Segmentation Overview:As for product types, the Indoor segment held the largest market share in 2022.
Application Overview:By application, the City Infrastructure segment occupied the biggest share from 2018 to 2022.
Key Companies in the global HD Security Cameras market covered in Chapter 3:Dahua Technology
Panasonic Corporation
Cisco Systems
Bosch Security Systems
Vivint, Inc.
Schneider Electric
Tyco International
Vicon Industries
Canon (Axis Communications)
JVCKENWOOD
Nest Labs, Inc
Arlo Technologies Inc
Sony Electronics
Honeywell International
Avigilon Corporation
Hanwha Techwin
Hikvision Digital Technology
Costar (Arecont Vision)
In Chapter 4 and Chapter 14.2, on the basis of types, the HD Security Cameras market from 2018 to 2029 is primarily split into:Indoor
Outdoor
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the HD Security Cameras market from 2018 to 2029 covers:City Infrastructure
Commercial
Institutional
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)