CCTV Camera Market

2019 Analysis and Review of CCTV Camera Market by Technology - Analog CCTV Systems and IP/Network-based CCTV Systems for 2019-2029

  • 2020-04-14
  • REP-GB-1009
  • 52 Tables
  • 182 Figures
  • 404 pages
  • Format: PDF/PPT/Excel
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CCTV Camera Market Value to Surge 2X Over 2019-2029

Security of critical infrastructure is amongst the paramount aspect of the physical security market, as these assets are subject to intrusions, thefts, and terrorism threats. Governments across the world are scaling up their security measures in an effort to protect critical infrastructure such as oil and gas refineries, power plants, water utilities, and smart grids from possible trespassing. Among these measures, closed-circuit television (CCTV) cameras are considered as a favorable option. Expanding at a healthy CAGR, the CCTV camera market would create around two-fold revenue by 2029.

Global CCTV Camera Market Scenario

  • The global CCTV camera will surpass the US$ 10 Bn mark in 2022.
  • The market is expected to expand at a CAGR of more than 6% over the forecast period (2019-2029), majorly driven by large-scale spending on public security and surveillance.
  • Preference for CMOS sensor-based cameras remains intact; CCD sensor-based cameras to witness notable drop in their deployment.
  • IP/network-based CCTV systems continue to attract stakeholders’ attention; analog CCTV systems to falter notably.
  • Commercial and government sectors would be key end users of CCTV cameras; residential sector to represent potential growth avenues.
  • North America maintains its supremacy in global CCTV camera market, Latin America to offer new revenue lines.

KEY FACTORS SHAPING CCTV CAMERA MARKET  

Increasing Thermal Imaging Technology-based CCTV Cameras Spurring Market Growth

Thermal cameras need no light and are based on subtle differences in temperature, called heat signatures. Thermal imaging cameras create a crisp image, and can also see through light, fog, and smoke. These cameras also overcome surveillance issues involving natural scene camouflages. Regular cameras can be tricked by landscapes, in which analogous colors or patterns conceal objects of interest, raising the possibility of something going undetected. Moreover, a thermal camera can also detect elevated body temperatures in public and private spaces, which can alert security and healthcare teams of the need to test scanned subjects for an illness in a way that does not slow the flow of foot traffic.

Increasing Security Demand across Various Industries Driving Growth of CCTV Camera Market

The demand for security and surveillance equipment is on the rise across all verticals, given the increasing awareness among customers about security. The CCTV market for network cameras is growing swiftly, as enterprises, small and medium businesses, and end customers are looking to increase perimeter security for critical infrastructures. Also, existing CCTV cameras paired with the latest video analytics software can be used as sophisticated IoT sensors with both, audio and video data, to help with everything from traffic management to public safety. This rising demand in various verticals across the globe is expected to create increased growth opportunity for the global CCTV camera market.

The global economic order is, at present, confronting a detrimental situation due to the coronavirus (COVID-19) pandemic, thus disrupting the supply chain and logistic operations of video surveillance system providers. In the recent past, the global CCTV camera market has grown by nearly 6% annually. In 2019, the market valued around US$ 9 Bn. Given the COVID-19 pandemic, demand for video surveillance has surged in Q1 of 2020, and the trend would continue in Q2, 2020. This is expected to be driven by rising demand for public video surveillance for security monitoring amidst nationwide lockdowns.

Increasing Adoption for IP/Network-based CCTV Cameras

IP network cameras often require low power and have advanced thermal efficiency, multiple sensors, and two-way audio communications. IP cameras are gaining traction as they offer cost efficiency and convenience to the end user. Also, network-based CCTV systems provide numerous benefits to users, such as remote monitoring, better work productivity, protection against theft, traffic management, and also support in gathering evidence in legal cases. Thus, IP/network-based CCTV cameras will create potential growth opportunities for the CCTV camera market.

CCTV Camera Market: Structure Analysis

  • Acquisition and collaboration of market players is one of the key strategies followed by leading CCTV camera providers in the market.
  • Hangzhou Hikvision Digital Technology Co Ltd., Canon Inc., and Dahua Technology, Inc. are the largest and most experienced in the global CCTV camera market.
  • The global CCTV camera market is highly concentrated in nature, which remains a key factor for its dynamic competitive structure.

Report Metrics

Details

Base Year

2018

Historical Period

2014-2018

Forecast Period

2019-2029

Market Value in 2018

US$ 8.2 Bn

Segments Covered

Model Type, Technology, Camera Sensor Type, Application

Regions Covered

North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan & India, Japan, India, MEA

Key Companies

Hangzhou Hikvision Digital Technology Co Ltd., Canon Inc., Bosch Security Systems Inc., Honeywell International Inc., Panasonic Corporation, Dahua Technology Co. Ltd., Pelco, Sony Corporation, Samsung, Cisco Systems, Tyco International, Radiant Info Solutions Pvt. Ltd., E Vision India Pvt. Ltd., Samriddhi Automations Pvt. Ltd., Matrix Comsec, Secureye, Vantage Security, Vintron Informatics Ltd., and Digitals India Security Products Pvt. Ltd.

Growth Drivers

  • Surging investments in security and surveillance
  • Rising need to protect critical infrastructure
  • Swelling adoption of video analytics
  • Upsurge in smart city and hi-tech infrastructure projects 

CMOS Sensor-based Cameras Maintain Positive Trend

Both, CCD and CMOS sensor-based cameras share identical functions. While the former is used in advanced astrophotography equipment and low-end point-and-shoot cameras, the latter predominates the large mid-range market. However, CMOS sensor-based CCTV cameras are overshadowing their CCD counterparts in myriads of industrial use cases. CCD sensor-based cameras come with an expensive price tag and are power-intensive, and, as such, they will fade away over the decade ahead. Furthermore, CMOS sensor-based CCTV cameras would register revenue nearly thrice that of the CCD variant.

Manufacturers Target the Americas for Sustained Value Creation

Given the high adoption of network-based video surveillance solutions in the region, North America continues to generate greater total returns to shareholders (TRS). The U.S. represents the most prospective CCTV camera market. By 2029, the CCTV camera market in North America will hit the US$ 5 Bn mark. Market players are also turning their sights to Latin America, owing to the rising demand for IP/network-based CCTV systems. Manufacturers in the region are experiencing upsurge in the demand for security information monitoring (SIM) and security event monitoring (SEM) to enhance alerting mechanisms or identify security incidents manually.

CCTV Cameras in Combating COVID-19 Pandemic

At present, CCTV cameras are finding immense utilization in detecting cases of the novel coronavirus (COVID-19) and help curb its spread. Case in point, Moscow is deploying facial recognition cameras to alleviate the transmission of the pandemic. Despite protests and legal complaints, the government has equipped the capital city with 100,000 cameras linked to artificial intelligence (AI).While it was reported that the technology might prove to be inept in identifying individuals wearing medical masks, a China-based company has underlined that the facial tracking solution can also identify those who are wearing masks.

Surging demand for dome cameras

PTZ cameras to garner traction

IP/network-based CCTV systems remain highly preferred

Analog CCTV systems to falter markedly

CMOS sensor-based cameras hold leading revenue share

CCD sensor-based cameras to witness adoption decline

Commercial sector remains key end user

Demand upsurge residential sector witnessed

How Growth will Unfold

Driven by video analytics, CCTV cameras are able to zoom in to reveal the identity of an individual - intruder and guest - that is highly beneficial to prevent crimes when utilized properly. Moreover, criminals or muggers can be apprehended quickly. Governments, worldwide, are heavily investing in security and surveillance equipment across every sector. A majority of returns would be realized by the commercial and government sectors, wherein, CCTV cameras valuing around US$ 10 Bn will equipped by 2029, collectively. Furthermore, this study highlights a demand upsurge from the residential sector too.

CCTV Camera Market by Application

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

A recent market report published by Future Market Insights on the CCTV camera market includes global industry analysis of 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters, growth prospects of this market are obtained with maximum precision.

CCTV Camera Market Taxonomy

The global CCTV camera market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.

Model Type

  • Box Cameras
  • Dome Cameras
  • PTZ Cameras
  • Fixed Bullet Cameras
  • Positioning Cameras
  • Onboard Cameras
  • Others

Technology

  • Analog CCTV Systems
  • IP/Network-based CCTV Systems

Camera Sensor Type

  • CCD Sensor-based Cameras
  • CMOS Sensor-based Cameras

Application

  • Residential
  • Commercial
  • Industrial
  • Government

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan & India
  • Japan
  • India
  • Middle East & Africa

What's Included

The report begins with the executive summary of the CCTV camera market, which includes a summary of key findings and statistics of the market. It also includes demand- and supply-side trends pertaining to this market.

Readers can find the definition and a detailed taxonomy of the CCTV camera market in this chapter, which will help them to understand basic information about the market. Along with this, comprehensive information pertaining to storage area network and its properties are provided in this section. This section also highlights CCTV camera market report.

The CCTV camera market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.

This chapter explains the key macroeconomic factors that are expected to influence growth of the CCTV camera market during the forecast period. Along with macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, and value chain analysis of the CCTV camera market. Moreover, in-depth information about market dynamics and their impact analysis on the market have been provided in the successive section.

Based on model type, the CCTV camera market is segmented into box cameras, dome cameras, PTZ cameras, fixed bullet cameras, positioning cameras, onboard cameras, and others. In this chapter, readers can find information about key trends and developments in the CCTV camera market and market attractiveness analysis.

Based on technology, the CCTV camera market is segmented into analog CCTV systems and IP/network-based CCTV systems. In this chapter, readers can find information about developments and key trends in the CCTV camera market.

Based on camera sensor type, the CCTV camera market is segmented CCD sensor-based cameras and CMOS sensor-based cameras. In this chapter, readers can find information about developments and key trends in the CCTV camera market.

Based on application, the CCTV camera market is segmented into residential, commercial, industrial, and government. In this chapter, readers can find information about developments and key trends in the CCTV camera market.

This chapter explains how the CCTV camera market is anticipated to grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan & India, Japan, India, and the Middle East & Africa.

This chapter includes a detailed analysis on the growth of the North America CCTV camera market, along with a country-wise assessment including the U.S. and Canada. Readers can also find regional trends and market growth based on model type, technology, camera sensor type, application, and countries in North America.

This chapter provides the growth scenario of the CCTV camera market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided.

Important growth prospects of the CCTV camera market in several countries such as Germany, the U.K., France, Spain, Italy, BENELUX and the Rest of Western Europe are included in this chapter.

This chapter provides the growth scenario of the CCTV camera market in Eastern Europe countries such as Russia, Poland, and the Rest of Eastern Europe.

This chapter highlights the growth prospects of the CCTV camera market in APEJ by focusing on China, ASEAN, Australia & New Zealand, and Rest of Asia Pacific Excluding Japan & India. This section also helps readers understand key factors that are responsible for the growth of the CCTV camera market in Asia Pacific Excluding Japan & India.

This section helps readers understand key factors that are responsible for the growth of the CCTV camera market in Japan.

This section helps readers understand key factors that are responsible for the growth of the CCTV camera market in India.

This chapter provides information about how the CCTV camera market is anticipated to grow in major countries in the Middle East & Africa region, such as GCC Countries, Turkey, Northern Africa, South Africa, and Rest of Middle East and Africa during the forecast period.

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the CCTV camera market, along with detailed information about each company, which include the company overview, revenue shares, strategic overview, and recent developments. Some market players featured in the report are Hangzhou Hikvision Digital Technology Co Ltd., Canon Inc., Bosch Security Systems, Inc., Honeywell International Inc., Panasonic Corporation, Dahua Technology Co., Ltd, Pelco, Sony Corporation, Samsung, Cisco Systems, Tyco International, Radiant Info Solutions Pvt. Ltd., E Vision India Pvt. Ltd., Samriddhi Automations Pvt. Ltd., Matrix Comsec, Secureye, Vantage Security, Vintron Informatics Ltd., and Digitals India Security Products Pvt. Ltd.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the CCTV camera market report.

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the CCTV camera market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Sales Heads
  • Sales Executives
  • Technical Advisors
  • CCTV cameras manufacturer
  • Distributors 
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near-term and Long-term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity of Assumptions

Secondary Research

  • Company White Papers
  • Annual Reports and Investor Presentations
  • Research Papers
  • Company Press Releases 
  • Government Websites and Publications

Primary Interview Splits

Primary Interview Splits cctv camera market designation

Primary Interview Splits cctv camera market stakeholder

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