Japan Video Surveillance Market Size
| Study Period | 2022 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 8.10 Billion |
| Market Size (2029) | USD 11.30 Billion |
| CAGR (2024 - 2029) | 7.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Video Surveillance Market Analysis
The Japan Video Surveillance Market size is estimated at USD 8.10 billion in 2024, and is expected to reach USD 11.30 billion by 2029, growing at a CAGR of 7% during the forecast period (2024-2029).
- Video surveillance systems usually consist of cameras, recorders, monitoring/display units, and video management systems with various design features and functionalities. These systems can be applied to a building or the interior and exterior areas of a property/public place. These systems are usually designed to operate 24/7, with capabilities to only record events continuously, in response to movement, or during specific hours/periods of the day.
- Japan has remained among the prominent markets for video surveillance systems in Asia-Pacific for years. A higher focus of government on ensuring the safety of the inhabitants, along with the higher proliferation of advanced security and surveillance solutions among the consumers, continues to remain among the key driving factors to the market's growth in the country.
- Technological evolution in video surveillance systems/solutions drives their use cases and demand across various end-user verticals. In Japan, initiatives have been taken by law and enforcement authorities to leverage AI-enabled surveillance systems to enhance security services. For instance, in 2023, Japanese police announced plans to leverage AI-based technologies to protect public figures.
- Controlling the rising crime rates in various areas of the country is another major challenge faced by security agencies, encouraging them to adopt advanced surveillance solutions. For instance, the Japanese National Police Agency announced installing about one thousand security cameras around the earthquake that hit Ishikawa prefecture to control crime rates.
- However, factors such as the higher cost of procuring and installing advanced video surveillance systems/solutions remain among the major challenging factors for the market's growth. Also, the need to develop a pool of skilled workforce to manage and operate advanced video surveillance infrastructure is another major challenge the market faces.
- The pandemic outbreak is observed to impact the market's growth notably. During the pandemic, surveillance cameras emerged among effective lockdown implementation tools. Despite the influence of the pandemic being reduced, the exposure to the use of technology during the pandemic is anticipated to encourage consumers and businesses across sectors such as healthcare to invest in advanced video surveillance technology, which will drive the market's growth during the forecast period.
Japan Video Surveillance Market Trends
The Camera Segment to Hold a Significant Market Share
- Surveillance cameras have been growing in Japan in both residential and commercial segments. Due to a higher rate of urbanization, the use of security cameras is prevalent in Japanese households. According to the data provided by the World Bank, more than 90% of the Japanese population lives in urban areas.
- A higher share of the aged population is another major factor driving the adoption of surveillance cameras. It helps the users track activities at their households/residential premises even when they are not physically present. Also, video surveillance can help family members monitor elderly members/kids. Hence, the forecast period is anticipated to witness a higher adoption of surveillance cameras in the residential segment.
- Also, crime in residential/commercial places is anticipated to encourage consumers and business enterprises to adopt video surveillance cameras. For instance, according to the data provided by e-stat (Japan) and the National Police Agency, Kanto was the region with the highest number of homicide cases recorded by the police, followed by areas such as Kinki, Tokyo Prefecture, and Kyushu.
- Japan also has a higher footprint in the industrial sector. Over the years, the number of business enterprises operating in the country has grown significantly. As business enterprises, especially in the more significant segment, usually operate from multiple sites or multistorey buildings, security cameras are used considerably to ensure the safety and security of premises and assets. Hence, the expanding footprint of the industrial segment/ offices in the country will support the market's growth during the forecast period.
Adoption in the Commercial Segment to Witness Substantial Growth
- Japan is a highly urbanized country, with most of the population living in urban areas. As a result, the number of commercial establishments in the country is high. With the growing urban population and consumer demand, the number is anticipated to continue growing, driving opportunities in the market. Security cameras have become essential to maintain security across such establishments.
- For instance, according to MLIT (Japan) and e-Stat (Japan), Japan has witnessed a stable growth in the number of office buildings. In 2023, the country witnessed construction start for about 9,580 office buildings across different regions.
- Similarly, according to the 2023 survey report of Mori Building Co. Ltd, a leading urban landscape developer in Japan, the supply ratio of properties in Tokyo's 23 core cities with total office-floor space of 100,000 sq. m or more was estimated to increase to 80% in 2023 and 75% in 2027, indicating an upward trend in building scale.
- Considering the growing urban population, the demand for commercial establishments such as retail/convenience stores, shopping malls, hotels, etc., is also anticipated to remain high in the country, creating a favorable outlook for the studied market's growth. For instance, according to data provided by Nippon Software, in 2023, Seven-Eleven was the major convenience store operator in the country with 21,111 stores, followed by FamilyMart and Lawson.
Japan Video Surveillance Industry Overview
The video surveillance market in Japan is competitive owing to the presence of several local and global players. The competition among the vendors is anticipated to grow during the forecast period as the growing demand for video surveillance systems will attract more vendors. Vendors are expected to compete primarily in technological development and acquiring new consumers. Hence, a significant part of their strategy will be gaining technological expertise, developing innovative solutions, expanding new regions, and acquiring/partnerships with other vendors. Some major market players include Honeywell, Bosch, Panasonic, and Sony Corporation.
May 2024 - Secom VMS was launched in Japan. According to the company, the newly launched VMS is compatible with over 600 models of surveillance cameras from 25 manufacturers. It can collectively manage hundreds of surveillance cameras installed in extensive facilities. Also, Secom VMS enables users to check recorded and live videos from surveillance cameras from a tablet, computer, or smartphone and easily switch between split displays and choose recorded data.
February 2024 - The National Police Agency of Japan announced installing about 1,000 security cameras at evacuation centers and other places in Ishikawa Prefecture to prevent crimes such as burglaries and sexual assaults in the quake-stricken region.
Japan Video Surveillance Market Leaders
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Honeywell Security Group
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Panasonic System Networks Co., Ltd.
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Sony Corporation
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Hangzhou Hikvision Digital Technology Company Limited
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BOSCH Security Systems
*Disclaimer: Major Players sorted in no particular order
Japan Video Surveillance Market News
- February 2024: Yokogawa Electric Corporation's subsidiary, Yokogawa Solution Service Corporation, completed the design, supply, and commissioning of a remote monitoring and operation system for the offshore wind turbines at the Ishikari Bay New Port Offshore Wind Farm. According to the company, the solution is based on the OpreX Collaborative Information Server. Also, the company received the contract to provide maintenance services at this wind farm, operated by the Green Power Investment Corporation and JERA Co. Inc.
- December 2023: Canon Inc., a leading Japanese firm, announced its plans to start selling cameras with AI-generated photo distinguishing capabilities in early 2024. According to the company, the new cameras will meet advanced technological standards for securing the trustworthiness of digital data through a special software product.
Japan Video Surveillance 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 Attractiveness - Porter's Five Force Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Technology Snapshot
4.5 Impact of Other Macroeconomic Trends On the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Public and Private Investments in Security and Surveillance Systems
5.1.2 Technological Innovation in Video Surveillance Solutions
5.2 Market Restraints
5.2.1 Privacy and Security Concerns
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Hardware
6.1.1.1 Camera
6.1.1.1.1 Analog
6.1.1.1.2 IP Cameras
6.1.1.1.3 Hybrid
6.1.1.2 Storage
6.1.2 Software
6.1.2.1 Video Analytics
6.1.2.2 Video Management Software
6.1.3 Services (VSaaS)
6.2 End-user Vertical
6.2.1 Commercial
6.2.2 Infrastructure
6.2.3 Institutional
6.2.4 Industrial
6.2.5 Defense
6.2.6 Residential
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Honeywell Security Group
7.1.2 Panasonic System Networks Co. Ltd
7.1.3 Sony Corporation
7.1.4 Vivotek Inc.
7.1.5 Hangzhou Hikvision Digital Technology Company Limited
7.1.6 Dahua Technology
7.1.7 Teledyne Flir LLC
7.1.8 BOSCH Security Systems
7.1.9 Tescom Japan Co. Ltd
7.1.10 Japan Security System Corporation
7.1.11 Kanematsu Sustech Corporation (Kanematsu Corporation)
7.1.12 Johnson Controls
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
Japan Video Surveillance Industry Segmentation
Video surveillance uses advanced surveillance systems such as security cameras, video recording or video management systems, and various analytics solutions to deter improper behavior or detect unlawful activities at public and private places/buildings.
The Japanese video surveillance market is segmented by type and end-user vertical. By type, the market is segmented by hardware, software, and services. The hardware segment is further segmented into camera and storage. The cameras segment is further subsegmented into analog, IP cameras, and hybrid. The market is segmented into video analytics and video management software by software. By end-user vertical, the market is segmented into commercial, infrastructure, institutional, industrial, defense, and residential. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
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| Services (VSaaS) |
| End-user Vertical | |
| Commercial | |
| Infrastructure | |
| Institutional | |
| Industrial | |
| Defense | |
| Residential |
Japan Video Surveillance Market Research FAQs
How big is the Japan Video Surveillance Market?
The Japan Video Surveillance Market size is expected to reach USD 8.10 billion in 2024 and grow at a CAGR of 7% to reach USD 11.30 billion by 2029.
What is the current Japan Video Surveillance Market size?
In 2024, the Japan Video Surveillance Market size is expected to reach USD 8.10 billion.
Who are the key players in Japan Video Surveillance Market?
Honeywell Security Group, Panasonic System Networks Co., Ltd., Sony Corporation, Hangzhou Hikvision Digital Technology Company Limited and BOSCH Security Systems are the major companies operating in the Japan Video Surveillance Market.
What years does this Japan Video Surveillance Market cover, and what was the market size in 2023?
In 2023, the Japan Video Surveillance Market size was estimated at USD 7.53 billion. The report covers the Japan Video Surveillance Market historical market size for years: 2022 and 2023. The report also forecasts the Japan Video Surveillance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Video Surveillance Industry Report
Statistics for the 2024 Japan Video Surveillance market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Video Surveillance 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.
