Japan Video Surveillance Market Size (2024 - 2029)

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 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.