CCTV Camera Market Scope
The CCTV camera stands for a closed-circuit television camera, is sometimes simply called video surveillance. CCTV refers to a system of video feeds, which are transmitted within a closed system from various security cameras. CCTV is different from broadcast television, in that signals are not sent out for just anyone to intercept. Rather, video streams are available only to authorized users. In practical terms, any home security camera surveillance system is technically a CCTV system. Nowadays, CCTV cameras now feature high-resolution full-color feeds, and many are capable of switching seamlessly to infrared at night. Moreover, Night vision is a technological advance that allows a user to penetrate even the deepest dark to see images.
The market study is segmented, by Application (Retail, Hospitality, BFSI, Commercial Infrastructure, Home Security, Government and Others (Transportation, Healthcare, etc.)) and major geographies with country level break-up. According to AMA, the Global CCTV Camera market is expected to see growth rate of 15.8%
CCTV Camera Manufacturers, CCTV Camera Sub Component Manufacturers, CCTV Camera Traders/Distributors, CCTV Camera Importer/Exporter, Potential Technology Investors, End Users and Others Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global CCTV Camera market throughout the predicted period.
Bosch security systems Inc. (United States), Honeywell International Inc. (United States), Panasonic System Network Co. Limited (Japan), Hikvision (China), Axis Communications AB (Sweden), Toshiba Corporation (Japan), Samsung Techwin (South Korea), Vicon Industries, Inc. (United States), Mitsubishi Electric (Japan) and Schneider Electric (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Checkpoint Systems (United States), Maxwell Security Systems (Thailand), ADT fire and security (United States), Hi-Focus (India) and CP Plus International (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global CCTV Camera market by Type, Application and Region.
On the basis of geography, the market of CCTV Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Model Type, the sub-segment i.e. PTZ camera will boost the CCTV Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Analog CCTV Systems will boost the CCTV Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 9 April 2019, Honeywell has announced a first-of-its-kind technology integration with Intel that will enable new artificial intelligence (AI) capabilities in its MAXPRO connected security platform. The new security platform, which will support MAXPRO Network Video Recorders (NVR) and Video Management Systems (VMS), will incorporate Intel® Vision products that enable advanced analytics, deep learning, and facial recognition capabilities. These greatly enhanced security solutions will drive cost and time savings by significantly reducing false alarms and will meet compliance requirements such as General Data Protection Regulation (GDPR) through identity anonymization.
On 26 March 2018, Cemtrex Inc., a world-leading technology and manufacturing company, announced that it has entered into an agreement to acquire ownership of approximately 46% of the outstanding common stock of Vicon Industries, Inc., a New York-based leading provider of mission-critical security and video surveillance systems.
- More Cloud-To-Cloud Integration
- Smart Tech to Deliver Environmental Benefits
- Sensor Integration to Drive Smart Actions
- Rising Penetration of CCTV’s In Education, Hospital and Retail Sectors
- Rising Terrorism and Threat of Crime Are Also Fostering the Demand for CCTV
- Increasing Demand from Residential Sector Owing To Taking Care Of Elders, Children & Pets
- The Introduction of New CCTV Technology Cameras
- High Costs Associated With New Technology and Privacy Concerns
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase