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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
CCTV Camera Market Share by Type
Dome camera is anticipated to account for a significant portion of the market in the coming years. They are suspended from a wall mounted bracket or ceiling mounted as per the requirements. These cameras are mounted inside a transparent dome which are often tinted to obscure the position of the camera. The various advantages offered by dome cameras including weather resistance, high resolution, night vision, and discreate positioning, among others are further aiding in boosting the CCTV camera market demand. Additionally, dome CCTV cameras allow passage of video footage to the recorder via ethernet cables and coaxial depending upon the recording device.
CCTV Camera Market Share by Region
The Asia Pacific is anticipated to account for a significant portion of the market, owing to the rising investments and initiatives by various government across the region in smart city projects. Additionally, growing concerns regarding safety and security and increasing criminal activities in various countries in the region are further propelling the demand for CCTV camera installation. Presence of major market players including Hangzhou Hikvision Digital Technology Co. Ltd and Panasonic Corporation, among others in countries such as China and Japan is further anticipated to boost the CCTV camera market growth in the region.
CCTV Camera Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 11.80% between 2024 and 2032.
The major market drivers include increasing adoption of video surveillance systems in commercial and residential areas and rising security threats and crime rates.
The key trends fuelling the growth of the market include increasing illegal activities, introduction of CCTV cameras with advanced features and technologies, and rising requirements for remote security solutions.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant type available in the market include box cameras, dome cameras, PTZ cameras, and fixed bullet cameras, among others.
The various technologies available in the market include analogue-based CCTV cameras, IP-based CCTV cameras, and AI-based CCTV cameras.
The various end uses of CCTV cameras include residential, commercial, industrial, and government and defence.
The key players in the market are Hangzhou Hikvision Digital Technology Co. Ltd, Honeywell International Inc., Panasonic Corporation, Axis Communications AB, Sony Corporation, Bosch Sicherheitssysteme GmbH, Dahua Technology Co., Ltd, Hanwha Vision CO., LTD., AVTECH Corporation, and Aditya Infotech Ltd, among others.
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