Press release
CCTV Market Size, Share & Competitive Landscape 2024-2033
CCTV Market Size
According to The Business Research Company's, The cctv market size has grown rapidly in recent years. It will grow from $15.79 billion in 2023 to $18.14 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to security concerns, corporate and industrial security, public safety and urban surveillance, retail loss prevention, traffic monitoring and management.
The cctv market size is expected to see rapid growth in the next few years. It will grow to $30.26 billion in 2028 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to smart city initiatives, integration with iot and analytics, increasing adoption in residential security, health and safety compliance, remote monitoring and cloud services. Major trends in the forecast period include integration with iot devices, cybersecurity measures, mobile and remote monitoring, privacy-enhancing features, integration with access control systems.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/cctv-global-market-report
Market Drivers and Trends:
The increasing demand for security systems is expected to propel the growth of the CCTV market going forward. The security system is a piece of equipment created to protect people and property against various dangers, such as crime, theft, accidents, espionage, sabotage, subversion, and attack. System security aims to keep data and assets safe against loss, tampering, and other sorts of harm while enabling access to and usefulness of the data and assets. Hence, increasing demand for security systems is contributing to the growth of the CCTV market. For instance, in December 2022, according to the 2021 Nationwide Crime Statistics released by the Federal Bureau of Investigation, a US-based Law enforcement agency, the expected murder rate increased by 4.3% (from 22,000 in 2020 to 22,900 in 2021). Therefore, the increasing demand for security systems is driving the growth of the CCTV market.
Technology advancements are a key trend gaining popularity in the CCTV market. Companies operating in the CCTV market are adopting new technologies to sustain their position in the market. For instance, in September 2022, Lorex Technology Inc, a Canada-based home and business security company, launched a 4k Wi-Fi Security Camera with Smart Security Lighting technology. Customers can customize and change the camera's LED band using the Smart Security Lighting function. The users can create customized illumination signals by assigning different colors to specific camera settings and motion occurrences. The AI technology with Smart Motion Detection Plus helps to prevent unwanted notifications and false alarms.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=10687&type=smp
Major Key Players of the Market:
Hangzhou Hikvision Digital Technology Co. Ltd.; Bosch Security and Safety Systems Inc.; Honeywell Commercial Security; Panasonic i-PRO Sensing Solutions; Dahua Technologies Co. Ltd.; Samsung Electronics Co. Ltd.; Zhejiang Dahua Technology Co. Ltd.; Avigilon; Motorola Solutions Inc.; Huawei Technologies Co. Ltd.; Sony Corporation; Cisco Systems Inc; Axis Communications AB; CP Plus; Hanwha Vision; Pelco Inc.; Vivotek Inc.; FLIR Systems Inc.; Canon Inc.; Tiandy Technologies Co. Ltd.; Dallmeier electronic GmbH & Co. KG; Genetec Inc.; IDIS Co. Ltd.; Mobotix AG; Arecont Vision Costar LLC; Lorex Technology Inc.; Vicon Industries Inc.; March Networks Corporation; Raytec Ltd.; Merit LILIN Ent. Co. Ltd.
CCTV Market 2024 Key Insights:
• The cctv market size will grow to $30.26 billion in 2028 at a compound annual growth rate (CAGR) of 13.7%.
• Rising Demand For Security Systems Boosts Growth Of The Cctv Market
• Technological Advancements Drive Innovation In The Cctv Market
• North America was the largest region in the CCTV market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=10687&type=sm
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release CCTV Market Size, Share & Competitive Landscape 2024-2033 here
News-ID: 3748244 • Views: …
More Releases from The Business research company
Top Trends Transforming the Fluoropolymer Films Market Landscape in 2025: Techno …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Fluoropolymer Films Industry Market Size Be by 2025?
The fluoropolymer films market has seen strong growth recently. It will expand from $2.5 billion in 2024 to $2.65 billion in 2025 at a CAGR of 5.7%. Growth drivers in the past included high thermal stability, electronics manufacturing…
Driving Digitally Printed Wallpaper Market Growth in 2025: The Role of Rising Ur …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Digitally Printed Wallpaper Market Size Growth Forecast: What to Expect by 2025?
The digitally printed wallpaper market has expanded rapidly in recent years. It will grow from $9.13 billion in 2024 to $10.26 billion in 2025, at a CAGR of 12.4%. Historic growth was fueled by interior design preferences,…
Top Market Shifts Transforming the Biodegradable Paper and Plastic Packaging Mar …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Biodegradable Paper and Plastic Packaging Market Through 2025?
Over the past few years, we've witnessed a significant expansion in the size of the biodegradable paper and plastic packaging market. It is projected to rise from $12.97 billion in 2024 to $14.12 billion…
Acrylic Rubber Market Landscape to 2034: Key Forces Shaping the Next Decade of G …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Acrylic Rubber Market Size By 2025?
The acrylic rubber industry has seen robust growth in the past few years. The market value, which is projected to escalate from $1.63 billion in 2024 to $1.74 billion in 2025, implies a compound annual growth rate (CAGR) of…
More Releases for CCTV
CCTV Planet Expands Its CCTV Camera Rental Services Across Gurgaon - Making Prof …
Gurgaon, India - October 2025:
As Gurgaon continues to grow as a business and residential hub, the need for practical, affordable security solutions is stronger than ever. CCTV Planet, a trusted name in surveillance technology, has announced the expansion of its CCTV camera on rent services across the city - offering customers flexible, cost-effective, and professionally managed security systems.
Visit: https://cctvcameraonrent.com/
Security Made Simple and Affordable
For many homeowners, shop owners, and event organizers,…
CCTV Installation Technician : A Complete Guide
Content:
Security is important for every home and office. One of the best ways to stay safe is by using CCTV cameras. A CCTV installation technician (https://homesetupkw.com/surveillance-camera-installation-service/) is the person who sets up these cameras the right way. A trusted technology solutions company in Kuwait, now offers expert CCTV Installation Technician services.
Home and business safety is more important today or tomorrow than ever. Home Setup Kuwait provides easy, fast,…
CCTV Market Size to Worth USD 46.52 Billion by 2030 | CCTV Market CAGR of 13.2% …
Market Overview:
As per the market research that has been made on the global CCTV market, it is showing good growth at the valuation of USD 31,190 Million during the forecast timeline till 2030 which is still at the CAGR of 13.2%.
The market of CCTV has gained popularity simply because it has been playing an important role in today's time. There are many security uses of such devices. Detect any security…
Best CCTV Cameras in India!!
For additional security of any building or area, CCTV cameras have become an essential thing. These not only offers peace of mind, but keeps the entire place secure. You can find them everywhere nowadays, like in a market place there’ll be 100s of CCTV cameras for surveillance of highly vulnerable areas. Not just malls and schools, but even at homes or personal residences CCTV cameras are an urgent need. Considering…
CCTV and Video Surveillance Systems Market 2019-2025 Industry Types, Demand, Top …
The global CCTV & video surveillance systems market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2025, at a CAGR of XX% during 2018 to 2025. Rising concerns over public safety is propelling the growth of CCTV & video surveillance systems market across the world. Moreover, increasing adoption of IP cameras is further boosting the global CCTV &…
Global CCTV Market Forecast 2022
The Future of CCTV Markets to 2022- Trends, Drivers and Supply, Demand Outlook
The CCTV market is gaining huge popularity across the world due to rising concerns for security and safety. This has resulted into an increased demand for technically advanced surveillance system, thereby, creating huge growth opportunities for CCTV manufacturers. In addition, decreasing prices and advanced features are adding growth to the CCTV market, making it affordable for even smaller…
