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Global CCTV Camera Market - Wishtree Insight

Global CCTV Camera Market -Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption, and Forecast 2021 – 2031

  • Report ID: WT-10016

  • No. Of Pages: 135

  • Pub. Date: 2022-11-18

Global CCTV Camera Market by Camera Sensor Type (CMOS Sensor-based Cameras and CCD Sensor-based Cameras), Model Type (Dome Cameras, Fixed Bullet Cameras, Box Cameras, and PTZ Cameras), Application (Commercial, Government, Residential, and Industrial), and Regions (The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The global CCTV camera market size was valued at USD 11.2 billion in 2021 and is expected to surpass USD 15.4 billion by 2031, expanding at a CAGR of 11.4% during the forecast period, 2021–2031. The growth of the market is attributed to the need for infrastructure protection and the high demand for IoT-based CCTV cameras.

INTRODUCTION

The CCTV system, also known as video surveillance, is used for monitoring, security, and surveillance purposes. It stands for Closed Circuit Television. It is installed in companies, big industries, schools, homes, streets, parking lots banks, stores, and other places to record and monitor the activity going on in the surrounding area. CCTV provides a more efficient way of guarding than human guards alone. In CCTV video cameras are used to transmit a signal to a specific location. A digital video recording program has been added to CCTV video cameras, to store information. CCTV cameras are used for a variety of purposes such as gathering evidence, monitoring activities, and recording. In addition, they help reduce crime rates. There are various types of CCTV cameras available in the market such as a detector and an IP camera to detect motion, and they also offer additional features such as video audio recording, etc. this camera occurs in different sizes and specifications making it easy to install. Many CCTV systems combine IP cameras, dome cameras, bullet cameras, etc., to ensure proper CCTV surveillance coverage.

Market Trends, Drivers, Restraints, and Opportunities

  • Rise in companies worldwide and office spaces lead to setting up CCTV cameras.
  • Government making it necessary to place CCTV cameras in certain places has boosted the market.
  • Security has become a major concern in recent times considering the risk of thefts and other security-related issues have made people choose to place CCTV cameras in homes for safety has made lucrative growth in the CCTV market.
  • A growing urbanization and digitization factor, as well as technological advancements in CCTV cameras, are expected to majorly influence the CCTV camera market.
  • The manufacturers of CCTV cameras are developing new products to meet technological advancements and incorporate technologies like artificial intelligence and facial recognition. With an increasing demand for surveillance cameras and security systems, CCTV camera companies are launching new, advanced cameras.
  • There are rising costs due to newer technologies, CCTV cameras equipped with built-in internet networks may not be affordable by every individual or organization, which may hamper market adoption.
  • CCTV manufacturers can face barriers to their business growth since the technology will be restricted to a specified area due to privacy concerns. Since a large majority of CCTV feeds contain facial recognition, business growth may be hindered.

Scope of the Report

Attributes

Details

Report Title global CCTV camera Market - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast
Base Year 2021
Historic Data 2020–2021
Forecast Period 2021–2031
Segmentation camera sensor type (CMOS sensor-based cameras and CCD sensor-based cameras), model type (dome cameras, fixed bullet cameras, box cameras, and PTZ cameras), application (commercial, government, residential, and industrial)
Regional Scope The Asia Pacific, Middle East Africa, Europe, North America, and Latin America
Report Coverage Market Analysis Company Share & Size, Growth Factors, Trends, Competitive Landscape, Trends, and Revenue Forecast
Key Players Covered in the Report Dahua Technology Co. Ltd.; Samsung; LG Electronics; FLIR Systems; Panasonic; Honeywell; Axis Communications; Sony Corporation; CP PLUS; Bosch Security Systems

Market Segment Insights

The CMOS sensor-based cameras are expected to grow at a rapid pace

Based on camera sensor type, the global CCTV camera market is bifurcated into CMOS sensor-based cameras and CCD sensor-based cameras. The CMOS sensor-based cameras are expected to grow at a rapid pace due to their growing capabilities and cost-effectiveness. However, the CCD sensor-based camera is expected to grow at a steady pace due to its high cost.

The dome camera segment is expected to propel the market in the forecast period

Based on the model type, the global CCTV camera market is segmented into dome cameras, fixed bullet cameras, box cameras, and PTZ cameras. The dome camera segment is expected to propel the market in the forecast period. Due to their high reliability and performance standards, the dome camera type has a huge demand among various product types. However, bullet cameras are more portable due to their ability to fit in a pocket or bag; they are therefore convenient to install in different places like car parks and offices. Whereas, box cameras provide higher resolution images at a lower cost than bullet cameras, making them more popular.

The government segment holds the largest key share

Based on application, the global CCTV camera market is divided into commercial, government, residential, and industrial. The government segment holds the largest key share in the market and is anticipated to be dominant in the forecast period. The ride government security projects, terror attacks, crime rates, and demand from military & defense have propelled the market in case of security. However, the commercial and industrial sector is anticipated to hold a major share in improving security and reducing the risk of fraudulent & illegal activities. Whereas, the residential segment holds a steady share.

Geographical Overview

Based on a geographical view the North American region dominates the global CCTV cameras market, due to the high popularity of CCTV cameras for security and surveillance in the region. The Asia Pacific region is also anticipated to play a major role in the global CCTV cameras market owing to increasing public safety concerns in the region.

Competitive Landscape

Key players competing in the global CCTV camera market are Dahua Technology Co. Ltd.; Samsung; LG Electronics; FLIR Systems; Panasonic; Honeywell; Axis Communications; Sony Corporation; CP PLUS; Bosch Security Systems.

FAQs

Mention the market size of the Global CCTV camera in 2021.

The global CCTV camera market size was valued at USD 11.2 billion in 2021

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 11.4%.

What are the key drivers of the market?

  • Rise in companies worldwide and office spaces lead to setting up CCTV cameras.
  • Government making it necessary to place CCTV cameras in certain places has boosted the market.
  • Security has become a major concern in recent times considering the risk of thefts and other security-related issues have made people choose to place CCTV cameras in homes for safety has made lucrative growth in the CCTV market.
  • A growing urbanization and digitization factor, as well as technological advancements in CCTV cameras, are expected to majorly influence the CCTV camera market.

What segments are covered in the Global CCTV camera report?

camera sensor type (CMOS sensor-based cameras and CCD sensor-based cameras), model type (dome cameras, fixed bullet cameras, box cameras, and PTZ cameras), application (commercial, government, residential, and industrial

Mention the region is expected to hold the highest share in the Global CCTV camera.

The North American region is expected to hold the highest share in the global CCTV camera market.

Mention the key players in the market.

Dahua Technology Co. Ltd.; Samsung; LG Electronics; FLIR Systems; Panasonic; Honeywell; Axis Communications; Sony Corporation; CP PLUS; Bosch Security Systems.

1 INTRODUCTION TO THE GLOBAL CCTV CAMERA MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 GLOBAL CCTV CAMERA MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Value Chain Analysis

5 GLOBAL CCTV CAMERA MARKET, BY CAMERA SENSOR TYPE

5.1 Overview

5.2 CMOS sensor-based cameras

5.3 CCD sensor-based cameras

6 GLOBAL CCTV CAMERA MARKET, MODEL TYPE

6.1 Overview

6.2 Dome Cameras

6.3 Fixed Bullet Cameras

6.4 Box Cameras

6.5 PTZ Cameras

7 GLOBAL CCTV CAMERA MARKET, BY APPLICATION

7.1 Overview

7.2 Commercial

7.3 Government

7.4 Residential

7.5 Industrial

8 GLOBAL CCTV CAMERA MARKET, BY GEOGRAPHY

8.1 Overview

8.2 North America

8.2.1 U.S.

8.2.2 Canada

8.2.3 Mexico

8.3 Europe

8.3.1 Germany

8.3.2 U.K.

8.3.3 France

8.3.4 Rest of Europe

8.4 Asia Pacific

8.4.1 China

8.4.2 Japan

8.4.3 India

8.4.4 Rest of Asia Pacific

8.5 Rest of the World

8.5.1 Latin America

8.5.2 The Middle East & Africa

9 GLOBAL CCTV CAMERA MARKET COMPETITIVE LANDSCAPE

9.1 Overview

9.2 Company Market Ranking

9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Dahua Technology Co. Ltd.

10.1.1 Overview

10.1.2 Financial Performance

10.1.3 Product Outlook

10.1.4 Key Developments

10.2 Samsung

10.2.1 Overview

10.2.2 Financial Performance

10.2.3 Product Outlook

10.2.4 Key Developments

10.3 LG Electronics

10.3.1 Overview

10.3.2 Financial Performance

10.3.3 Product Outlook

10.3.4 Key Developments

10.4 FLIR Systems

10.4.1 Overview

10.4.2 Financial Performance

10.4.3 Product Outlook

10.4.4 Key Developments

10.5 Panasonic

10.5.1 Overview

10.5.2 Financial Performance

10.5.3 Product Outlook

10.5.4 Key Developments

10.6 Honeywell

10.6.1 Overview

10.6.2 Financial Performance

10.6.3 Product Outlook

10.6.4 Key Developments

10.7 Axis Communications

10.7.1 Overview

10.7.2 Financial Performance

10.7.3 Product Outlook

10.7.4 Key Developments

10.8 Sony Corporation

10.8.1 Overview

10.8.2 Financial Performance

10.8.3 Product Outlook

10.8.4 Key Developments

10.9 CP PLUS

10.9.1 Overview

10.9.2 Financial Performance

10.9.3 Product Outlook

10.9.4 Key Developments

10.10 Bosch Security Systems

10.10.1 Overview

10.10.2 Financial Performance

10.10.3 Product Outlook

10.10.4 Key Developments

11 Appendix

11.1 Related Research

Segments Covered in the Report

Camera Sensor Type

  • CMOS sensor-based cameras
  • CCD sensor-based cameras

Model Type

  • Dome Cameras
  • Fixed Bullet Cameras
  • Box Cameras
  • PTZ Cameras

Application

  • Commercial
  • Government
  • Residential
  • Industrial

Regions

  • The Asia Pacific
  • Middle East Africa
  • Europe
  • North America
  • Latin America

Key Players

The global CCTV camera market has a presence of some of the key major players across the globe which include:

  • Dahua Technology Co., Ltd.
  • Samsung
  • LG Electronics
  • FLIR Systems
  • Panasonic
  • Honeywell
  • Axis Communications
  • Sony Corporation
  • CP PLUS
  • Bosch Security Systems

WishTree Insights uses recent research tools and provides accurate data to the clients. Our expert team delivers the perfect research report that generates revenue and recommendations.

By using the Bottom-Up and Top-Down methods we carry out extensive research. Our focus is on the following parameters:

  • Market drivers, opportunities, and restraints.
  • Raw material, supply, and economic estimate.
  • Current and expected estimations up to 2031

Our expertise uses primary research with Key for validating the market forecasts:

  • Established market players
  • Distributors
  • End Users

WishTree Database

Primary research

Secondary research

  • Manufacturers
  • Case Study
  • Distributors
  • Company reports and publications
  • Consumer Survey
  • Government publications
  • End-User survey
  • Economic and demographic data
 
  • Customer Reference

Industry Analysis

Qualitative analysis

Quantitative analysis

  • Industry landscape and trends
  • Market revenue estimates and forecast up to 2031
  • Technology landscape
  • Market revenue estimates and forecasts up to 2031, by technology
  • Market dynamics and key issues
  • Market revenue estimates and forecasts up to 2031, by application
  • Market opportunities
  • Market revenue estimates and forecasts up to 2031, by type
  • Policy and regulatory scenario
 
  • Competitive landscape
 

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  • Breaking Down Competitive Landscape as per Your Requirements

  • Any Level of Customization

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