Japan Surveillance Camera Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.60 Billion |
| Market Size (2029) | USD 5.80 Billion |
| CAGR (2024 - 2029) | 10.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Japan Surveillance Camera Market Analysis
The Japan Surveillance Camera Market size is estimated at USD 3.60 billion in 2024, and is expected to reach USD 5.80 billion by 2029, growing at a CAGR of 10.80% during the forecast period (2024-2029).
The Japanese surveillance camera market, a pivotal player in the digital transformation sector, is witnessing a surge in demand. This uptick is fueled by heightened security concerns, a growing embrace of smart city projects, an increasing appetite for business intelligence, and notable technological advancements, especially in AI-powered video analytics.
- Japan boasts an extensive Closed-Circuit Television (CCTV) network overseen by the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) that vigilantly monitors the nation's coasts, rivers, and roads. Integral to Japan's disaster prevention framework, these cameras swiftly relay real-time footage to local authorities and TV stations, aiding in prompt damage assessments during crises. Highlighting the urgency, following a significant earthquake in central Japan in January 2024, local and national police announced plans to bolster security.
- Moreover, citing a surge in thefts and other crimes, the National Police Agency, in collaboration with prefectural forces, aims to deploy approximately 1,000 security cameras, notably at evacuation centers. Notably, Ishikawa Prefecture reported 32 criminal incidents, including break-ins at evacuated residences and shelter thefts.
- With a heightened emphasis on security, Japan is poised to witness a surge in surveillance infrastructure. The Ministry of Transport, for instance, is mandating security camera installations on trains, including the prestigious Shinkansen lines. Specifically, these cameras will be a prerequisite for new train cars in heavily trafficked areas like Tokyo, Osaka, and Nagoya, as well as across all Shinkansen routes. The directive mandates operators to retain camera footage, focusing solely on security functions to alleviate financial concerns.
- Beyond their traditional crime-fighting role, security cameras are now diversifying in their applications. Advancements in technology have elevated their capabilities, leading to novel uses in tourism, behavior analysis, and even pet monitoring at homes.
- Illustrating this trend, Chubu Electric Power Co.'s Mirai Tower in Nagoya has set up a live feed on YouTube, showcasing the view around Hisaya-odori Park. This feed, originating from a security camera installed in a third-floor office, provides real-time insights into crowd density, traffic, and weather, underscoring the evolving utility and popularity of surveillance cameras in Japan.
Japan Surveillance Camera Market Trends
Rising Importance of Video Analytics is Driving the Importance of IP-based Camera
- Video analytics, a computer-based tool, is widely embraced across industries to extract actionable insights from live or recorded video feeds. Leveraging algorithms, this technology focuses on security tasks, utilizing digital video signals to identify, isolate, and categorize objects for intelligent video analysis. In Japan, the adoption of video analytics is driven by a critical need to bolster security and surveillance systems, a response to escalating cyber threats and security breaches.
- Japan's susceptibility to natural disasters, notably due to its location along the Ring of Fire, has underscored the importance of video analytics, especially through IP-based surveillance cameras. The country faces risks from earthquakes, tsunamis, and volcanic eruptions, with the 2024 Noto Peninsula earthquake ranking as the seventh-largest insured loss from a Japanese earthquake, as reported by GIAJ.
- Coastal CCTV cameras are increasingly deployed, enhancing the observational network's coverage and resolution for tsunami detection, complementing specialized offshore equipment. The significance of IP-based camera analytics in Japan is two-fold:
- Firstly, these cameras offer real-time monitoring and early warnings, complementing traditional offshore detection methods. Secondly, the data they capture aids in detailed post-tsunami assessments, enabling a comprehensive analysis of the disaster's impact and the efficacy of existing prevention measures. These applications underscore the rising importance of surveillance cameras in Japan.
Government Segment Gradually Gaining Momentum
- Japan, a frontrunner in smart city initiatives, is harnessing IoT technologies to revolutionize its urban landscape. Japanese cities are deploying intelligent systems from transportation networks to energy management to bolster efficiency and sustainability. This shift underscores the growing significance of video surveillance in public spaces, especially for tasks like traffic management and bolstering public safety.
- Additionally, a surge in crime rates has spurred the Japanese government's investments in surveillance infrastructure. Data from the National Police Agency highlights a concerning trend: "street crimes," encompassing robberies, assaults, and thefts, surged by 21.0% year-on-year. The agency attributes this rise to heightened foot traffic after the easing of COVID-19 restrictions.
- In 2023, Japan reported 12,372 major crimes, marking a 29.8% uptick from the previous year. These included a notable rise in cases of rape, indecent assault, and other serious offenses. Notably, the Penal Code was amended in July 2023, broadening the definition of nonconsensual sexual acts.
- Moreover, bolstered by a surge in defense spending, Japan's demand for surveillance cameras is rising. In a landmark move, Japan's Cabinet greenlit a defense budget of 7.95 trillion yen (USD 55.9 billion) for FY2024, a 16.5% leap from the previous year. This budget is set to rise steadily, aiming to peak at 8.9 trillion yen (USD 62.5 billion) by FY2027. The government's overarching goal is to allocate a staggering 43 trillion yen (USD 302 billion) to defense between 2023 and 2027.
Japan Surveillance Camera Industry Overview
The Japanese Surveillance Camera Market has several players, making it fragmented. Considering the growing competition owing to the entry of more players, vendors continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some major players include Dahua Technology Co. Ltd, Panasonic Corporation Ltd., Hanwha Vision Co. Ltd., Sony Corporation, and others.
- May 2024: Eagle Eye Networks announced to showcase its premier open platform, the Eagle Eye Cloud VMS, along with its Eagle Eye Camera Direct, now launched in Japan, at the Interop Tokyo 2024 security show at Makuhari Messe. The company will also highlight its Smart Video Search and other AI features. Japanese business owners are particularly drawn to Eagle Eye Camera Direct for its AI enhancements, competitive pricing, and the convenience of direct camera-to-cloud connectivity.
- April 2024: Hikvision unveiled its newest iteration of analog security products, the Turbo HD 8.0 range. This upgraded line promises users an enhanced and more interactive security experience, empowering them to elevate their visual security setup. Turbo HD 8.0 introduces four groundbreaking features: real-time communication, 180-degree video coverage, and significantly improved night vision capabilities.
Japan Surveillance Camera Market Leaders
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Hangzhou Hikvision Digital Technology Co., Ltd.
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Dahua Technology Co., Ltd
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Panasonic Corporation
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Japan Security System Corporation
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Sony Corporation
*Disclaimer: Major Players sorted in no particular order
Japan Surveillance Camera Market News
- July 2024: i-PRO, a surveillance company, has introduced a cutting-edge AI-enabled corner camera specifically designed for high-security settings. Manufactured in Japan with a focus on prison applications, this camera, crafted from compact stainless steel, boasts the smallest form factor in its class. Notably, it's IK11 compliant, showcasing its robustness by withstanding a 70 Joule (70J) impact, significantly surpassing the typical 20J rating of similar devices, which are usually IK10 compliant.
- May 2024: The Secom VMS launched in Japan is compatible with over 600 models of surveillance cameras from 25 manufacturers worldwide. This system collectively managed hundreds of surveillance cameras or more installed in large facilities. Secom VMS allows users to check live and recorded video from a computer, tablet, or smartphone surveillance cameras and easily switch between split displays and select recorded data.
Japan Surveillance Camera Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Impact of Macroeconomic Factors on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Presence of an Established Ecosystem for Surveillance Camera Manufacturing
5.1.2 Supportive Government Outlook Towards Security and Surveillance of Public and Private Spaces
5.2 Market Restraints
5.2.1 Growing Concern About Misuse of Surveillance Cameras
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Analog Based
6.1.2 IP Based
6.2 By End-user Industry
6.2.1 Government
6.2.2 Banking
6.2.3 Healthcare
6.2.4 Transportation and Logistics
6.2.5 Industrial
6.2.6 Others (Education Institutions, Retail, Enterprises)
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Hangzhou Hikvision Digital Technology Co., Ltd.
7.1.2 Dahua Technology Co., Ltd
7.1.3 Japan Security System Corporation
7.1.4 Panasonic Corporation
7.1.5 Sony Corporation
7.1.6 Honeywell International Inc.
7.1.7 Hanwha Vision Co., Ltd.
7.1.8 Axis Communications AB
7.1.9 Bosch Security and Safety Systems
7.1.10 Eagle Eye Networks
7.1.11 Kowa Company Limited
7.1.12 i-PRO
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
Japan Surveillance Camera Industry Segmentation
Surveillance cameras, also known as security cameras, are video cameras designed to monitor specific areas. Typically, they link to a recording system or an IP network and are monitored, particularly in commercial settings. The study evaluates the trends and dynamics related to different types of surveillance cameras across various end-user verticals in Japan. Furthermore, the study considered the sales of surveillance cameras by major market vendors in Japan as the baseline for market estimation.
The Japan surveillance camera market is segmented by type (analog-based, IP-based) and by end-user industry (government, banking, healthcare, transportation and logistics, industrial, and others). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Type | |
| Analog Based | |
| IP Based |
| By End-user Industry | |
| Government | |
| Banking | |
| Healthcare | |
| Transportation and Logistics | |
| Industrial | |
| Others (Education Institutions, Retail, Enterprises) |
Japan Surveillance Camera Market Research FAQs
How big is the Japan Surveillance Camera Market?
The Japan Surveillance Camera Market size is expected to reach USD 3.60 billion in 2024 and grow at a CAGR of 10.80% to reach USD 5.80 billion by 2029.
What is the current Japan Surveillance Camera Market size?
In 2024, the Japan Surveillance Camera Market size is expected to reach USD 3.60 billion.
Who are the key players in Japan Surveillance Camera Market?
Hangzhou Hikvision Digital Technology Co., Ltd., Dahua Technology Co., Ltd, Panasonic Corporation, Japan Security System Corporation and Sony Corporation are the major companies operating in the Japan Surveillance Camera Market.
What years does this Japan Surveillance Camera Market cover, and what was the market size in 2023?
In 2023, the Japan Surveillance Camera Market size was estimated at USD 3.21 billion. The report covers the Japan Surveillance Camera Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Surveillance Camera Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Surveillance Camera Industry Report
Statistics for the 2024 Japan Surveillance Camera market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Surveillance Camera analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
