Market Forecast By Product Types (Conventional, Discreet, Dome, Bullet CCTV Cameras), By Technology (Analog CCTV Systems, Wireless CCTV Systems, IP-based CCTV Systems, Hybrid CCTV Systems), By Applications (BFSI, Healthcare, Transportation, Education, Business, Retail), By Surveillance Components (CCTV Camera, Video Surveillance Storage Mechanisms, Video Surveillance Software, Analytics) And Competitive Landscape
Product Code: ETC013608 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Cctv market currently, in 2023, has witnessed an HHI of 3340, Which has increased slightly as compared to the HHI of 2645 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In the year 2021, China was the largest exporter in terms of value, followed by Japan. It has registered a growth of 39.3% over the previous year. While Japan registered a growth of 78.6% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has a Herfindahl index of 2645 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 3442 which signifies high concentration in the market.
Indonesia CCTV Market report thoroughly covers the market by product types, by technology, by applications, and by surveillance components. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia CCTV Market continues to grow underpinned by some key companies that are likely to continue to invest in widening their product portfolio to cater to the different demands of consumers. Additionally, advanced analytics capabilities are one of the ongoing trends bolstering the product demand, such as facial recognition, iris scanning, and object tracking is estimated to surge the Indonesia CCTV Market growth in the estimated years. Furthermore, cloud-based solutions now have gained traction in the market owing to their greater flexibility and scalability is estimated to be an opportunity for market expansion in the country. Also, rising security measures initiatives by the government will leave a positive impact on the market growth and will continue to grow over the upcoming years.
Indonesia CCTV Market is estimated to surge in the country on the back of rising adoption by various industries such as retail, transportation, healthcare, and hospitality. On the other hand, government regulations on data privacy limit the use of CCTV footage which can be acted a threat to market growth. However, the rising adoption and shift towards using cloud-based technology solutions are estimated to bolster market growth.
According to 6Wresearch, the Indonesia CCTV Market size is projected to gain momentum during 2020-2026. The market has been driven by an increase in crime rates and security threats have surged the security concerns among companies and individuals which have further accelerated the adoption of CCTVs in the country. However, high installation costs and a lack of awareness among the end users are impeding the market growth. Despite these challenges, the integration of AI-based analytics into surveillance systems, this technology advancement has been becoming popular in facilitating smart & comprehensive security and detecting suspicious activities before they happen is a great opportunity in the country likely to secure tremendous growth of Indonesia CCTV industry in the upcoming years.
The COVID-19 pandemic had leave a profound impact on the Indonesia CCTV Market. Strict lockdown and social distancing measures were imposed by the government to cease the virus spread, causing businesses to shut down which further reduced the demand for CCTVs temporarily. On the other side, remote working culture during the pandemic time due to safety concerns had surged the need for remote monitoring solutions, and cloud-based solutions were increased to access remotely and flexibly. Nevertheless, for the time being during the COVID-19, CCTVs product demand declined and also affected the Indonesia CCTV Market shares.
Below mentioned are some key players who are serving their customers by providing a range of security solutions across the country.
Based on the product types, each of these product types are contributing to the market growth due to their common use across various sectors to cater to different security needs and to detect abnormal behaviors.
Based on the technology, Analog CCTV systems cameras have traditionally been used in the country, nevertheless, these cameras are gradually being replaced by IP-based cameras due to technological advancement.
According to Shivankar, Research Manager, 6Wresearch, many sectors are adopting CCTVs to prevent their operations from any crime or suspicious activities. Nonetheless, the BFSI sector is gaining traction in the country due to high-security demand to monitor banking halls, and ATMs to protect from fraud.
Based on the Surveillance Components, it is difficult to say the dominating components among CTV Camera, Video Surveillance Storage Mechanisms, and Video Surveillance Software all have unique features and also require different to cater to different surveillance needs.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia CCTV Market Overview |
3.1 Indonesia CCTV Market Revenues & Volume, 2016 - 2026F |
3.2 Indonesia CCTV Market - Industry Life Cycle |
3.3 Indonesia CCTV Market - Porter's Five Forces |
3.4 Indonesia CCTV Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.5 Indonesia CCTV Market Revenues & Volume Share, By Technology, 2019 & 2026F |
3.6 Indonesia CCTV Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.7 Indonesia CCTV Market Revenues & Volume Share, By Surveillance Components, 2019 & 2026F |
4 Indonesia CCTV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia CCTV Market Trends |
6 Indonesia CCTV Market Segmentation |
6.1 Indonesia CCTV Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia CCTV Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Indonesia CCTV Market Revenues & Volume, By Conventional, 2016 - 2026F |
6.1.4 Indonesia CCTV Market Revenues & Volume, By Discreet, 2016 - 2026F |
6.1.5 Indonesia CCTV Market Revenues & Volume, By Dome, 2016 - 2026F |
6.1.6 Indonesia CCTV Market Revenues & Volume, By Bullet CCTV Cameras, 2016 - 2026F |
6.2 Indonesia CCTV Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Indonesia CCTV Market Revenues & Volume, By Analog CCTV Systems, 2016 - 2026F |
6.2.3 Indonesia CCTV Market Revenues & Volume, By Wireless CCTV Systems, 2016 - 2026F |
6.2.4 Indonesia CCTV Market Revenues & Volume, By IP-based CCTV Systems, 2016 - 2026F |
6.2.5 Indonesia CCTV Market Revenues & Volume, By Hybrid CCTV Systems, 2016 - 2026F |
6.3 Indonesia CCTV Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Indonesia CCTV Market Revenues & Volume, By BFSI, 2016 - 2026F |
6.3.3 Indonesia CCTV Market Revenues & Volume, By Healthcare, 2016 - 2026F |
6.3.4 Indonesia CCTV Market Revenues & Volume, By Transportation, 2016 - 2026F |
6.3.5 Indonesia CCTV Market Revenues & Volume, By Education, 2016 - 2026F |
6.3.6 Indonesia CCTV Market Revenues & Volume, By Business, 2016 - 2026F |
6.3.7 Indonesia CCTV Market Revenues & Volume, By Retail, 2016 - 2026F |
6.4 Indonesia CCTV Market, By Surveillance Components |
6.4.1 Overview and Analysis |
6.4.2 Indonesia CCTV Market Revenues & Volume, By CCTV Camera, 2016 - 2026F |
6.4.3 Indonesia CCTV Market Revenues & Volume, By Video Surveillance Storage Mechanisms, 2016 - 2026F |
6.4.4 Indonesia CCTV Market Revenues & Volume, By Video Surveillance Software, 2016 - 2026F |
6.4.5 Indonesia CCTV Market Revenues & Volume, By Analytics, 2016 - 2026F |
7 Indonesia CCTV Market Import-Export Trade Statistics |
7.1 Indonesia CCTV Market Export to Major Countries |
7.2 Indonesia CCTV Market Imports from Major Countries |
8 Indonesia CCTV Market Key Performance Indicators |
9 Indonesia CCTV Market - Opportunity Assessment |
9.1 Indonesia CCTV Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Indonesia CCTV Market Opportunity Assessment, By Technology, 2019 & 2026F |
9.3 Indonesia CCTV Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.4 Indonesia CCTV Market Opportunity Assessment, By Surveillance Components, 2019 & 2026F |
10 Indonesia CCTV Market - Competitive Landscape |
10.1 Indonesia CCTV Market Revenue Share, By Companies, 2019 |
10.2 Indonesia CCTV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |