China Taiwan Crises
AI CCTV Market

AI CCTV Market Size study, by Deployment (Cloud-Based, On-premise), by offering (Hardware, software, and services), by Camera type, (PTZ Camera, Dome Camera, Bullet Camera, Box Camera and Others), and by Applications (Residential, Commercial, and Industrial), and by Regional | Global Market Forecasts 2021-2028

Report Id: SNS/SEMI/1252 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

AI CCTV Market Size will be valued at USD 43.12 billion by 2028, and it is valued at USD 16.11 billion in 2021, and grow at a CAGR of 15.1% over the forecast period 2022-2028.

AI CCTV is an electronic device that uses an AI chip to process and improve its performance, allowing it to perform tasks like face recognition, motion detection, ANPR (automated number plate recognition), population counting, perimeter detection (the separation of man and beast), and stranger detection. The AI layer in AI CCTV is frequently added to various parts of the technology stack, such as the NVR (Network Video Recorder), camera, or cloud.

AI CCTV Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • The requirement for security.

  • Surge in demand for AI CCTV.

RESTRAINTS: 

  • High cost.

  • Privacy concern.

OPPORTUNITIES:

  • Demand for smart cities.

CHALLENGES: 

  • This will be covered under the final version of the report.

IMPACT OF COVID-19: 

COVID-19 has had a considerable impact on the electrical and semiconductor industries. Due to a rise in the number of cases of COVID-19, business and manufacturing units in several nations have been shuttered, and it is expected that they will remain closed. Furthermore, partial or complete silence has disrupted a worldwide supply chain, making it difficult for producers to reach their customers. The COVID-19 epidemic is doing havoc on society and the economy. The outbreak's influence is expanding by the day and is harming businesses all across the world. This issue causes stock market volatility, a drop in corporate confidence, a severe drop in purchasing power, and an increase in panic among client segments.

Due to the closure of production units in the region, Asian and European countries subject to the Lockdowns have lost a significant amount of business and money. The manufacturing and manufacturing industries' performance has had a big impact on the COVID-19 outbreak, resulting in a considerable contribution to the growth of the AI CCTV market by 2020.

The COVID-19 outbreak has had an influence on the electronics industry, as the manufacturing sector has remained stagnant, despite the industry's high demand for industrial and semiconductor products. Its main consequences include massive manufacturing delays across Europe and interruptions in China's export sectors, which could stymie the AI CCTV market's growth.

MARKET ESTIMATION:

Due to factors such as increased demand for a highly developed testing system and rising public safety and security concerns, the worldwide AI CCTV market is predicted to rise significantly during the forecast period. Furthermore, government authorities are increasingly using AI CCTV at road signals to obtain and view licence plates for mobile and stationary cars, which is driving the market growth. However, in the worldwide AI CCTV market, a lack of information about advanced products is a key roadblock. Furthermore, the increasing infrastructure sector in Asia-Pacific is likely to provide attractive prospects in the AI CCTV business.

COMPETITIVE LANDSCAPE:

The key market players in AI CCTV market are Bosch Security Systems, Eagle Eye Networks, Axis Communications AB, D-Link Corporation, Hangzhou Hikvision Digital Technology Co., Ltd., Panasonic Corporation, FLIR Systems, Inc., VIVOTEK Inc., Hanwha Techwin America, Swann and Other.

MARKET SEGMENTATION:

BY DEPLOYMENT

  • Cloud-Based

  • On-premise

BY OFFERING

  • Hardware

  • software

  • services

BY CAMERA TYPE

  • PTZ Camera

  • Dome Camera

  • Bullet Camera

  • Box Camera

  • Others

BY APPLICATION

  • Residential

  • Commercial

  • Industrial

AI CCTV Market Segment Pie Chart

REGIONAL ANALYSIS:

At a regional level, AI CCTV market trends are examined in North America (the United States, Canada, and Mexico), Europe (the United Kingdom, Germany, France, Russia, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) (Latin America, Middle East, and Africa). Because of the growth of the infrastructure sector, North America dominates the AI CCTV market. During the forecast period, however, Asia-Pacific is expected to see significant increase. Furthermore, LAMEA is in second place and is expected to develop faster towards the conclusion of the prediction period, followed by Europe.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

AI CCTV Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 16.11 Billion
Market Size by 2028 US$ 43.12 Billion
CAGR CAGR of 15.1% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Deployment (Cloud-Based, On-premise)
• by offering (Hardware, software, and services)
• by Camera type (PTZ Camera, Dome Camera, Bullet Camera, Box Camera and Others)
• by Applications (Residential, Commercial, and Industrial)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Bosch Security Systems, Eagle Eye Networks, Axis Communications AB, D-Link Corporation, Hangzhou Hikvision Digital Technology Co., Ltd., Panasonic Corporation, FLIR Systems, Inc., VIVOTEK Inc., Hanwha Techwin America, Swann and Other.
Key Drivers • The requirement for security.
• Surge in demand for AI CCTV.
RESTRAINTS • High cost.
• Privacy concern.


Frequently Asked Questions (FAQ) :

The AI CCTV Market size was valued at 43.1 billion in 2021 at a CAGR of 15.1%.

The requirement for security and Surge in demand for AI CCTV are the drivers of the AI CCTV Market.

The key market players in AI CCTV market are Bosch Security Systems, Eagle Eye Networks, Axis Communications AB, D-Link Corporation, Hangzhou Hikvision Digital Technology Co., Ltd., Panasonic Corporation, FLIR Systems, Inc., VIVOTEK Inc., Hanwha Techwin America, Swann and Other.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global AI CCTV Market, by Deployment

8.1 Cloud-Based

8.2 On-premise

 

9. Global AI CCTV Market, by offering

9.1 Hardware

9.2 software

9.3 services

 

10. Global AI CCTV Market, by Camera type

10.1 PTZ Camera

10.2 Dome Camera

10.3 Bullet Camera

10.4 Box Camera

10.5 Others

 

11. Global AI CCTV Market, by End user

11.1 Residential

11.2 Commercial

11.3 Industrial

 

12. Global AI CCTV Market, by Applications

12.1 Residential

12.2 Commercial

12.3 Industrial

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2    Canada

13.2.3    Mexico

13.3        Europe

13.3.1    Germany

13.3.2    UK

13.3.3    France

13.3.4    Italy

13.3.5    Spain

13.3.6    The Netherlands

13.3.7    Rest of Europe

13.4        Asia-Pacific

13.4.1    Japan

13.4.2    South Korea

13.4.3    China

13.4.4    India

13.4.5    Australia

13.4.6    Rest of Asia-Pacific

13.5        The Middle East & Africa

13.5.1    Israel

13.5.2    UAE

13.5.3    South Africa

13.5.4    Rest

13.6        Latin America

13.6.1    Brazil

13.6.2    Argentina

13.6.3    Rest of Latin America

 

14. Company Profiles

14.1 Swann.

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Bosch Security Systems

14.3 Eagle Eye Networks

14.4 Axis Communications AB

14.5 D-Link Corporation

14.6 Hangzhou Hikvision Digital Technology Co., Ltd.

14.7 Panasonic Corporation

14.8 FLIR Systems, Inc.

14.9 VIVOTEK Inc.

14.10 Hanwha Techwin America

14.11 Other

 

15. Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

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Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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