Market Overview:
The global CCTV security cameras market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for security cameras across different applications such as retail, hospitality, BFSI, commercial infrastructure, home security and government sectors. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. The global CCTV security cameras market by type is segmented into IP Cameras, Analog Cameras and Others. The IP Cameras segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to its advantages such as high resolution images, easy installation process and remote access facility. On basis of application, retail sector held majority share in 2017 followed by hospitality sector owing to increase in number of shopping malls and hotels across different regions worldwide.
Product Definition:
CCTV stands for Closed Circuit Television. CCTV Security Cameras are video cameras that transmit a signal to a specific, limited number of monitors. CCTV Security Cameras are often used in businesses and homes to monitor activity. The importance of CCTV Security Cameras is that they provide a visual deterrent to crime and can help authorities identify criminals after the fact.
IP Cameras:
IP cameras are the next generation of surveillance devices and have been gaining popularity in the CCTV security camera market. These cameras can be used for both video surveillance as well as still photography. They are also known by different names such as Internet Protocol or IP camera, cyber-cameras, internet eyes, digital eyes or webcams depending upon their form factor and application usage.
Analog Cameras:
Analog cameras are still used by many security camera manufacturers. They are cheaper than their digital counterparts and consume less power. However, they have one major drawback; the image quality is not as good as a digital camera. Analog cameras use an electronic circuit to convert the image signal into electrical signals that are then amplified and converted back to video images when needed. The circuits in analog cameras do not record continuously; instead, they take pictures in short succession with intervals between them.
Application Insights:
The retail segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth of this application can be attributed to rising consumer spending on luxury goods and services, as well as high-end products. Furthermore, increasing penetration of smart stores with integrated security systems is expected to drive demand over the forecast period.
The hospitality segment is projected to exhibit a significant CAGR from 2018 to 2030 owing to an increase in investments by various companies in order To expand their portfolio of services globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in infrastructure development, rising adoption of IP cameras, and growing demand for surveillance systems across various applications. Furthermore, government initiatives encouraging installation of Closed-Circuit Television (CCTV) systems are also anticipated to drive the regional market growth.
North America region is projected to witness significant growth over the forecast period owing to an increase in spending on public safety & security by governments along with other factors such as civil unrests.
Growth Factors:
- Increasing security concerns among the public and businesses
- Proliferation of digital technologies and their incorporation into security systems
- Growing demand for video analytics to improve situational awareness and security operations
- Rising installation costs of traditional security systems, driving interest in CCTV cameras as a more affordable option 5. Increased government spending on surveillance and homeland security
Scope Of The Report
Report Attributes
Report Details
Report Title
CCTV Security Cameras Market Research Report
By Type
IP Cameras, Analog Cameras, Others
By Application
Retail, Hospitality, BFSI, Commercial Infrastructure, Home Security, Government, Others
By Companies
Hikvision Digital Technology, Dahua Technology, Axis Communications (Canon), Avigilon, Hanwha, Uniview, Tiandy Technologies, Tyco (Johnson Controls), Infinova Group, Bosch, Sony, Panasonic, Vivotek, Honeywell, Schneider Electric (Pelco), Flir Systems, Cisco Systems, JVCKENWOOD, CP Plus, Geovision Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global CCTV Security Cameras Market Report Segments:
The global CCTV Security Cameras market is segmented on the basis of:
Types
IP Cameras, Analog Cameras, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Hospitality, BFSI, Commercial Infrastructure, Home Security, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hikvision Digital Technology
- Dahua Technology
- Axis Communications (Canon)
- Avigilon
- Hanwha
- Uniview
- Tiandy Technologies
- Tyco (Johnson Controls)
- Infinova Group
- Bosch
- Sony
- Panasonic
- Vivotek
- Honeywell
- Schneider Electric (Pelco)
- Flir Systems
- Cisco Systems
- JVCKENWOOD
- CP Plus
- Geovision Inc
Highlights of The CCTV Security Cameras Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- IP Cameras
- Analog Cameras
- Others
- By Application:
- Retail
- Hospitality
- BFSI
- Commercial Infrastructure
- Home Security
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CCTV Security Cameras Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CCTV security cameras are surveillance devices that use digital video technology to capture and store footage of events. They can be used in businesses, homes, or other locations to monitor activity. CCTV security cameras can also be used for monitoring entrances and exits, tracking the movements of people or objects, and recording incidents.
Some of the major companies in the cctv security cameras market are Hikvision Digital Technology, Dahua Technology, Axis Communications (Canon), Avigilon, Hanwha, Uniview, Tiandy Technologies, Tyco (Johnson Controls), Infinova Group, Bosch, Sony, Panasonic, Vivotek, Honeywell, Schneider Electric (Pelco), Flir Systems, Cisco Systems, JVCKENWOOD, CP Plus, Geovision Inc.
The cctv security cameras market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CCTV Security Cameras Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 CCTV Security Cameras Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 CCTV Security Cameras Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the CCTV Security Cameras Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global CCTV Security Cameras Market Size & Forecast, 2018-2028 4.5.1 CCTV Security Cameras Market Size and Y-o-Y Growth 4.5.2 CCTV Security Cameras Market Absolute $ Opportunity
Chapter 5 Global CCTV Security Cameras Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 CCTV Security Cameras Market Size Forecast by Type
5.2.1 IP Cameras
5.2.2 Analog Cameras
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global CCTV Security Cameras Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 CCTV Security Cameras Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Hospitality
6.2.3 BFSI
6.2.4 Commercial Infrastructure
6.2.5 Home Security
6.2.6 Government
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CCTV Security Cameras Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CCTV Security Cameras Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America CCTV Security Cameras Analysis and Forecast
9.1 Introduction
9.2 North America CCTV Security Cameras Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America CCTV Security Cameras Market Size Forecast by Type
9.6.1 IP Cameras
9.6.2 Analog Cameras
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America CCTV Security Cameras Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Hospitality
9.10.3 BFSI
9.10.4 Commercial Infrastructure
9.10.5 Home Security
9.10.6 Government
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe CCTV Security Cameras Analysis and Forecast
10.1 Introduction
10.2 Europe CCTV Security Cameras Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe CCTV Security Cameras Market Size Forecast by Type
10.6.1 IP Cameras
10.6.2 Analog Cameras
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe CCTV Security Cameras Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Hospitality
10.10.3 BFSI
10.10.4 Commercial Infrastructure
10.10.5 Home Security
10.10.6 Government
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific CCTV Security Cameras Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific CCTV Security Cameras Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific CCTV Security Cameras Market Size Forecast by Type
11.6.1 IP Cameras
11.6.2 Analog Cameras
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific CCTV Security Cameras Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Hospitality
11.10.3 BFSI
11.10.4 Commercial Infrastructure
11.10.5 Home Security
11.10.6 Government
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America CCTV Security Cameras Analysis and Forecast
12.1 Introduction
12.2 Latin America CCTV Security Cameras Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America CCTV Security Cameras Market Size Forecast by Type
12.6.1 IP Cameras
12.6.2 Analog Cameras
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America CCTV Security Cameras Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Hospitality
12.10.3 BFSI
12.10.4 Commercial Infrastructure
12.10.5 Home Security
12.10.6 Government
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) CCTV Security Cameras Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) CCTV Security Cameras Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) CCTV Security Cameras Market Size Forecast by Type
13.6.1 IP Cameras
13.6.2 Analog Cameras
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) CCTV Security Cameras Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Hospitality
13.10.3 BFSI
13.10.4 Commercial Infrastructure
13.10.5 Home Security
13.10.6 Government
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CCTV Security Cameras Market: Competitive Dashboard
14.2 Global CCTV Security Cameras Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hikvision Digital Technology
14.3.2 Dahua Technology
14.3.3 Axis Communications (Canon)
14.3.4 Avigilon
14.3.5 Hanwha
14.3.6 Uniview
14.3.7 Tiandy Technologies
14.3.8 Tyco (Johnson Controls)
14.3.9 Infinova Group
14.3.10 Bosch
14.3.11 Sony
14.3.12 Panasonic
14.3.13 Vivotek
14.3.14 Honeywell
14.3.15 Schneider Electric (Pelco)
14.3.16 Flir Systems
14.3.17 Cisco Systems
14.3.18 JVCKENWOOD
14.3.19 CP Plus
14.3.20 Geovision Inc