0

CCTV Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71524
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

The CCTV market share is expected to increase by USD 9.87 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 11.66%.

This CCTV market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers CCTV market segmentation by product (dome camera, PTZ camera, bullet camera, and box camera) and geography (APAC, North America, Europe, MEA, and South America). The CCTV market report also offers information on several market vendors, including Axis Communications AB, Avigilon Corp., CP PLUS International, Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Honeywell International Inc., Panasonic Corp., Robert Bosch GmbH, Zhejiang Dahua Technology Co. Ltd., and Zhejiang Uniview Technologies Co. Ltd. among others.

What will the CCTV Market Size be During the Forecast Period?

CCTV Market Size

Download the Free Report Sample to Unlock the CCTV Market Size for the Forecast Period and Other Important Statistics

 

CCTV Market: Key Drivers and Trends

The increasing government security initiatives are notably driving the CCTV camera market growth, although factors such as cyber security risks may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the CCTV industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key CCTV Market Driver

One of the key factors driving growth in the CCTV market is the increasing government security initiatives. The increasing number of criminal activities such as thefts, fraud, and illegal possession of firearms has pushed governments to improve their security measures. This has led them to roll out initiatives that mandate the installation of CCTV cameras across cities to enhance the security and safety of residents. In addition, the government has agreed on providing subsidies on power consumption to those using CCTV cameras. In January 2019, the Government of India announced that Mumbai, along with seven other cities (Delhi, Hyderabad, Kolkata, Lucknow, Chennai, Bengaluru, and Ahmedabad), would receive central funding under the Nirbhaya fund to install CCTV cameras for women safety. Earlier in May 2018, the Home Department of the Government of Maharashtra, India, proposed a Safe City project proposal to install around 1,500 CCTV cameras in Mumbai city. 

Key CCTV Market Challenge

The cyber security risks will be a major challenge for the CCTV market during the forecast period. Cybersecurity involves the protection of hardware and software against cyberattacks such as distributed denial-of-service (DDoS) attacks, malware attacks, and password attacks. Malware attacks such as ransomware, spyware, rootkit, riskware, trojans, worms, and viruses can cause huge losses to businesses. To avoid such cyberattacks, firms must secure their systems such as hardware and software with firewalls, antiviruses, and malware protection tools. Cybercriminals are increasingly targeting CCTV cameras, primarily IP-based and wireless. The rising number of cyberattacks on internet-connected CCTV cameras is adversely affecting the sales of IP-based CCTV cameras and becoming a major challenge for vendors.

This CCTV market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major CCTV Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Axis Communications AB
  • Avigilon Corp.
  • CP PLUS International
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Hanwha Corp.
  • Honeywell International Inc.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Zhejiang Dahua Technology Co. Ltd.
  • Zhejiang Uniview Technologies Co. Ltd.

 

This statistical study of the CCTV market encompasses successful business strategies deployed by the key vendors. The CCTV camera market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The CCTV market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for CCTV Market?

CCTV Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

43% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for CCTV in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The increasing investment in the development of infrastructure in airports, shopping centers, and retail shops will facilitate the CCTV market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the CCTV Market?

CCTV Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The CCTV market share growth by the dome camera segment will be significant during the forecast period. The dome camera market will witness growth as these cameras offer functionalities such as long-distance coverage and 360° view. Also, several vendors are integrating advanced technologies such as AI, deep learning, and machine learning in their dome cameras. The growing popularity of dome cameras is encouraging vendors to develop mini-dome cameras that are smaller in size and priced lower than their regular counterparts.

This report provides an accurate prediction of the contribution of all the segments to the growth of the CCTV camera market size and actionable market insights on post COVID-19 impact on each segment.

 

CCTV Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.66%

Market growth 2021-2025

$ 9.87 billion

Market structure

Fragmented

YoY growth (%)

9.25

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 43%

Key consumer countries

US, China, UK, India, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Axis Communications AB, Avigilon Corp., CP PLUS International, Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Honeywell International Inc., Panasonic Corp., Robert Bosch GmbH, Zhejiang Dahua Technology Co. Ltd., and Zhejiang Uniview Technologies Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this CCTV Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive CCTV market growth during the next five years
  • Precise estimation of the CCTV market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the CCTV camera industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of CCTV camera market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis 2020 & 2025
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Dome camera - Market size and forecast 2020-2025
    • PTZ camera - Market size and forecast 2020-2025
    • Bullet camera - Market size and forecast 2020-2025
    • Box camera - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive Scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Axis Communications AB
      • Avigilon Corp.
      • CP PLUS International
      • Hangzhou Hikvision Digital Technology Co. Ltd.
      • Hanwha Corp.
      • Honeywell International Inc.
      • Panasonic Corp.
      • Robert Bosch GmbH
      • Zhejiang Dahua Technology Co. Ltd.
      • Zhejiang Uniview Technologies Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      CCTV market growth will increase by $9873.83 million during 2020-2025.
      The cctv market is expected to grow at a CAGR of 11.66% during 2020-2025.
      Technavio has segmented the cctv market by product (Dome camera, PTZ camera, Bullet camera, and Box camera) and geographic (APAC, North America, Europe, MEA, and South America).
      Axis Communications AB, Avigilon Corp., CP PLUS International, Hangzhou Hikvision Digital Technology Co. Ltd., Hanwha Corp., Honeywell International Inc., Panasonic Corp., Robert Bosch GmbH, Zhejiang Dahua Technology Co. Ltd., Zhejiang Uniview Technologies Co. Ltd. are a few of the key vendors in the cctv market.
      APAC will register the highest growth rate of 43.36% among the other regions. Therefore, the cctv market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • UK
      • India
      • Japan
      The key factors driving the cctv market growth are:
      • Increasing government security initiatives
      The cctv market vendors should focus on grabbing business opportunities from the dome camera segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
      • Off-the-shelf research reports
      • Reports can be tailored to meet the customer's needs
      • Trusted by more than 100 fortune 500 organizations
      • Information about the market's key drivers, trends, and challenges
      • Parent market analysis
      • Every week, 50,000 people visit our subscription platform
      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

      Certified ISO 9001 : 2015

      We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

      We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

      Safe and Secure SSL Encrypted
      Technavio

      info
      close
      • Single User:

        Quick and easy buy and download option

      • Enterprise:

        Flexible option - Complimentary customization included

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Customized Report as per your Business Needs

      • Our analysts will work directly with you and understand your needs
      • Get data on specified regions or segments, competitor and Vendors
      • Data will be formatted and presented as per your requirements
      • We offer $1000 worth of FREE customization at the time of purchase

      Let us help you make report more suited to your requirements.

      • Get a competitive breakdown as per your niche industry
      • Customize the data with various metrics that meet your business prerequisite
      • Understand Revenue Sources, Customers and many more
      • Details on Market Share
      • These customizations are done in a short amount of time by our analysts and industry experts
      Technavio
      Enquire Before Buying
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>