This article helps readers understand the key considerations for choosing between a digital and analog surveillance camera. Contact us at Jay 360 for help in choosing the right security camera model to help secure your home or business. Though digital wins out in terms of features and total cost of ownership, analog is still a contender when considering its lower initial costs which make them accessible for homes and businesses. This article is geared to the context of residences and small businesses.
Enjoy this video highlighting the best value cameras that are under $200:
Digital Camera Cost Trends and Key Components
In this study comparing the relative costs of cameras from 2010-2014, it was found that costs have been declining at about 5% per year for over a hundred digital cameras, including:
- 720p models
- 1080p models
- Integrated IR cameras
- ‘True’ WDR cameras
Consumers should feel confident that as technology innovations continue, cost savings will allow companies to offer more competitive and cost-effective solutions.
The key components of cost (adjusted from USD at &1 USD /$0.7CDN) for a surveillance system are:
- Digital Cameras (estimated at 2): $650
- Digital video storage equipment: $240
- Installation costs for approximately 4 hours: contact us
Based on these projections a surveillance system will cost about $890 for a basic setup along with labour costs typically requiring four hours of work for an experienced service provider. The main driver for costs is the camera model, which is reported to be in the range of $130-$1357. The next cost analysis surveyed will be the difference between the main branches of digital versus analog cameras.
Aside from the bells and whistles of the major types of surveillance cameras, understanding the total cost of ownership is important in assessing the financial investment required. In a white paper provided by Axis, total ownership is defined as hard (i.e. initial purchase of equipment, setup costs, one-time costs, etc.) and soft costs (i.e. maintenance, repairs, etc.). A cost analysis was conducted based on setups of 14, 25, and 40 cameras of both digital and analog setups. Below are the comparative cost savings, which favour the IP cameras as far as the total cost of ownership. The cost savings metrics below are relative to each tier of the benchmark, so when comparing the ownership of 14 digital cameras and 14 analog cameras the savings are 11% with digital.
- 14 Cameras: 11% savings
- 25 Cameras: 13% savings
- 40 Cameras: 16% savings
For details on the analysis conducted along with the cost savings for each variety of camera deployment and maintenance, see here. For those who are more concerned with upfront costs, analog cameras are clearly the better choice.
Cost of the Top Security Camera Models
Here is a list of the actual cost of security cameras that have been consumer tested. Each of these cameras boasts at least 100 amazon reviews (combined US and Canadian) to ensure consensus and quality.
These cameras are ideal and offer consumer-proven service in a home surveillance setting. They offer feature-rich and cost-effective solutions for your home security monitoring.
- Number of cameras:2
- Notables: HD definition video and convenient monitoring using their free App
- Number of cameras:1
- Notables: Intelligent notifications offer you peace of mind as irregular activity notification can be sent to your mobile device or computer
Small Business Surveillance
The following list of surveillance equipment have been tested in small business environments. They offer feature-rich and cost-effective solutions for organizational security needs.
- Number of cameras:4
- Notables: Offers on-board storage of 500GB and backup for later review
- Number of cameras:4
- Notables: Live stream video to a computer and intelligent monitoring of activity
Jay360 Goes Above and Beyond to Help Clients Manage Costs
Cost is directly tied to the quality of installation, meaning the difference between an effective or defective security solution. Jay360 has experience helping countless customers in installing and improving their property and business security. Jay360’s team of experts helps you manage the cost by delivering quality solutions that are worth every dollar.
Call on Jay360 to help you to plan the ideal security camera system to suit you and your needs, all at the very best value.
Read more from the Ultimate Guide to Surveillance Cameras:
This series helps you choose and set up the best camera system for your next surveillance project by offering insights and direction to those wishing to secure their home and small business premises.
- Chapter 1 – Overview major manufacturers of surveillance cameras
- Chapter 2 – How to choose the best security camera model for your project
- Chapter 3 – What is the best analog surveillance cameras vs digital surveillance cameras
- Chapter 4 – Where to place surveillance cameras for the most security
- Chapter 5- The different types of security cameras
- Chapter 6 – How much do surveillance cameras cost?
- The Ultimate Guide to Surveillance Cameras – Overview