CCTV Cameras Market Analysis

  • Report ID: 1298
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

CCTV Cameras Market Analysis

Camera Type (Dome CCTV, Box CCTV, Bullet CCTV, C-Mounted, PTZ Camera)

Dome camera segment is poised to hold CCTV camera market share of over 42.1% by the end of 2037. The aesthetically enhancing design of such cameras is expected to drive market adoption.  Their design can also make it impossible for invaders to predict the orientation of camera. Dome-shaped CCTVs also offer several features such as HD video resolution, pan-tilt-zoon (PTZ), infrared night vision, two-way communication, motion detection, and many more.

For instance, in April 2024, Axis Communications unveiled the AXIS Q9307-LV Dome Camera, which is integrated with two-way audio, visual warnings, intelligent analytics, and high-definition video. These features increase the flexibility and control that customers have over their security operations, while also raising the overall effectiveness of monitoring systems. Moreover, while having comparatively better image quality and features, C-mount cameras are getting more affordable, and giving a wider range of users more options.

Technology (IP Camera, Analog)

The IP camera segment in CCTV camera market is expected to be the fastest-growing segment with a lucrative size during the forecast period. This growth is propelled by the presence of advanced technologies during surveillance. Digital video data is processed and digitized simultaneously by IP cameras, as compared to analog CCTV cameras. The digital method also offers various advantages in terms of image quality and resolution. IP cameras can also send data via computer networks or over the internet. This allows users to watch live or recorded video remotely from any location with an internet connection.

Furthermore, when connected to more comprehensive security systems, IP cameras offer centralized monitoring and control. Growth in this sector will boost the security cameras value in the near future. In addition, a home security system with surveillance was introduced by ACT HomeCam. It connects to Wi-Fi, is affordable, and is easy to install. Users are also able to view the live footage for security purposes from any location by pairing the camera with the TP-Link Tapo application available on the Google Play store.

Our in-depth analysis of the global market includes the following segments:

          Camera Type

  • Dome CCTV
  • Box CCTV
  • Bullet CCTV
  • C- Mounted
  • PTZ Camera

          Technology

  • IP Camera
  • Analog

          End User

  • BFSI
  • Homeland Security
  • Retail
  • Residential
  • Logistics & Transportation
  • Hospitality
  • Government
  • Commercial Spaces
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Author Credits:  Abhishek Verma


  • Report ID: 1298
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of CCTV camera is estimated at USD 48.3 billion.

The CCTV camera market size was valued at USD 42.85 billion in 2024 and is set to exceed USD 291.77 billion by 2037, registering over 15.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by increasing crime rates in both public and private spaces.

Asia Pacific industry is predicted to hold largest revenue share of 50% by 2037, impelled by surge in the presence of various companies that offer technologically advanced products and services in this region.

The major players in the market are Axis Communications AB, Honeywell Security Group, Bosch Security Systems Inc., Hangzhou Hikvision Digital Technology C0., Ltd., Mobotix AG, Zhejiang Dahua Technology Co., Ltd, Geovision Inc., FLIR Systems Inc., Avigilon, Nowon Technologies Pvt Ltd., and others.
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