2024年中国安防视频监控SoC芯片行业研究报告：安防SoC市场喜迎百亿爆发，众企竞逐后海思时代（摘要版）

Industry Overview - Security video surveillance devices are categorized into analog cameras and network cameras, with network cameras offering superior transmission distance, video quality, installation, and functional expansion [3][4] - Network cameras, despite being at least 1.5 times more expensive than analog cameras, are increasingly preferred due to technological advancements and price reductions [4] - The network security video surveillance system consists of front-end cameras and back-end recorders, with IPC SoC chips integrating ISP and audio-video codec technologies, and NVR SoC chips handling recording, storage, and forwarding [6][7] Industry Development History - The security video surveillance SoC chip industry has evolved from the analog era (1999-2005) to the digital era (2005-2009), network HD era (2009-2015), and is now entering the intelligent era (2015 onwards) [9][10] - The transition from analog to HD and the integration of AI have driven hardware evolution and intelligent transformation in security video surveillance devices [9] Industry Chain Analysis - The upstream semiconductor materials and manufacturing equipment are relatively weak in China, with over 70% of the global market share dominated by the US, Japan, and Europe [12][15] - China dominates the midstream SoC chip design and sales, accounting for over 80% of the global market share [12] - The downstream application of security video surveillance SoC chips is expanding, with outdoor cameras primarily used in government and commercial sectors, and indoor cameras increasingly penetrating personal home scenarios [24][25] Market Analysis - The global IPC SoC and NVR SoC chip market is expected to grow significantly, with the total market size projected to increase from $863 million in 2023 to $1.619 billion in 2028 [27][28] - The demand for intelligent security devices and the continuous iteration of new SoC chips are driving the growth of the global security video surveillance SoC chip market [28] Competitive Landscape - The global IPC SoC and NVR SoC chip markets are highly concentrated, with China holding over 80% of the global market share [32][33] - Key players in the IPC SoC market include SigmaStar, Huawei HiSilicon, and Ambarella, while the NVR SoC market is dominated by SigmaStar, Huawei HiSilicon, and Novatek [33] - The integration of intelligent analysis technology and the application of advanced processes are critical for the development of security video surveillance SoC chips [32] Company Analysis - SigmaStar - SigmaStar is a leading video surveillance SoC chip design company, with smart security products accounting for 71.39% of its main business revenue in 2023 [38][39] - Despite supply chain risks, SigmaStar's high-performance and high-market-share video surveillance SoC chips ensure low substitution threats, maintaining its global leadership position [40][41] Company Analysis - Fullhan Microelectronics - Fullhan Microelectronics has a comprehensive product line, with IPC SoC chips becoming its main product, and its automotive product line expected to be a new revenue growth point [43][44] - Fullhan's high-profit model and stable customer base contribute to its revenue growth, but long-term risks include high supplier concentration [46][47] Company Analysis - Novatek - Novatek is a leading IC design company in Taiwan, specializing in LCD driver ICs and SoC chips, with a focus on bundled sales to ensure chip performance [49][50] - Novatek benefits from its geographical advantage in the global wafer supply shortage, allowing it to secure additional wafer market share and maintain a high-profit model [51]