China Surveillance Analog Camera Market Size (2024 - 2029)

China Surveillance Analog Camera Market Analysis

The China Surveillance Analog Camera Market size is estimated at USD 3.79 billion in 2024, and is expected to reach USD 4.91 billion by 2029, growing at a CAGR of 5.27% during the forecast period (2024-2029).

• China boasts an extensive analog camera infrastructure, with millions of cameras spread across diverse sectors. Businesses and authorities continue to use these analog systems, fueling a sustained demand for compatible analog cameras. Transitioning from analog to digital IP cameras necessitates substantial investments in new equipment and infrastructure, posing a significant hurdle for numerous organizations, especially in the SME segment.
• Analog surveillance cameras offer several advantages, e.g., a more straightforward installation process than IP-based digital systems. They require less specialized equipment and labor, which reduces overall installation costs. This makes analog cameras a more accessible and cost-effective option, especially for projects with limited budgets.
• Specific industries and governmental bodies in China enforce regulations stipulating cameras for security and surveillance. These mandates, primarily motivated by data privacy and security apprehensions, sustain the demand for analog cameras. For instance, in February 2024, the National Development and Reform Commission (NDRC) announced that government-funded Chinese developers would be required to incorporate monitoring equipment into their projects. This regulation applies to companies with a minimum of CNY 30 million (~USD 4.2 million) in government funding. Such initiatives are anticipated to support the studied market's growth during the forecast period.
• However, analog cameras have inherent limitations in terms of image quality, resolution, and advanced features compared to digital IP-based cameras. As the demand for higher-quality and smart surveillance solutions grows, the technological gap between analog and IP cameras becomes more apparent. This can make it challenging for analog cameras to remain specific to applications that require more advanced capabilities.
• The Chinese Surveillance industry has been significantly affected by macroeconomic factors, notably the US-China trade war. The US government's restrictions on exporting high-end chips and chip technology to China have had profound implications. Consequently, Chinese companies are encountering hurdles in sourcing these sophisticated chips, leading to a decline in chip imports and a direct improvement of hardware components in the surveillance analog camera market. However, with the local ecosystem for semiconductor/electronic device manufacturing bolstering, the future appears promising for the studied market's growth.

China Surveillance Analog Camera Industry Segmentation

Analog cameras are employed in legacy surveillance systems. They capture non-digital video streams and transmit them, typically over coaxial cables, to Digital Video Recorders (DVRs) or video management systems (VMSs) for monitoring, storage, and analysis. The market size is gauged by the accruing sales of analog camera products across various end-user industries, with the study also delving into the market's growth patterns and macroeconomic influencers.

China's surveillance analog camera market is segmented by end-user industry (government, banking, healthcare, transportation, and logistics, industrial, and others [education institutions, retail, and enterprises]). The report offers market forecasts and size in value (USD) for all the above segments.