CCTV Camera Market Technological Advancements Stoke Market Growth
Some of the prominent participants in the global CCTV camera market are Axis Communications AB, Bosch Security Systems, Inc., Geovision Inc, Hangzhou Hikvision Digital Technology Co Ltd, Hanwha Techwin Co. Ltd, Honeywell International Inc., Panosonic System Network Co. Limited, Pelco Inc, Toshiba Corporation, and Zhejiang Dahau Technology Co. Ltd.
Obtain Report Details:
As per a report by Transparency Market Research, the global CCTV camera market is slated to expand at robust 12.7% CAGR during the period between 2017 and 2025 to become worth US$23.32 bn by 2025.
Depending upon the type of model, the global CCTV camera market can be segmented into PTZ camera, box camera, dome camera, bullet camera, etc. Of them, the segment of dome camera leads the market and in 2016 its leading share came to about 45% share in 2016. The segment is expected to grow at a healthy clip in the years ahead as well on account of the investments in its technology.
Geographically, the key segments of the global CCTV camera market are North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Of them, Asia Pacific is a market leader and will likely remain so in the years to come as well.
This is primarily on account of the low priced CCTV camera systems, manufactured mainly in China, which gives tough competition to higher priced products from other regions. The TMR report predicts the market in Asia Pacific to expand at 14.6% CAGR from 2017 to 2025.
Pressing Security Issues Benefits Market
At the forefront of driving growth in the global CCTV camera market is the burgeoning modern retail outlets and hospitality sector where surveillance becomes important in order prevent shoplifting and also to keep a tab on other activities of attendants and customers.
Besides, increasing need for surveillance to tackle security issues is also having a positive impact on the market. Rising threat of terrorism and other geopolitical problems have had a direct bearing on the sales in the market.
Make Enquiry @
Technological Advancements Stoke Market Growth
Another factor majorly fuelling the global CCTV camera market is the technologically advanced cameras with better image quality and other functionalities.
Adds the lead analyst of the TMR report, “Digitization in the surveillance market has led to the emergence of effective CCTV cameras having integrated solutions.
On account of gigantic strides made in the domain of technology, various types of CCTV cameras are available in the market that differ on the basis of model types and technology. The software and hardware integrators of CCTV cameras are engaged in offering effective design and installation facilities to their customers.”
Robust investments in research and development initiatives have had a positive impact on the growth of CCTV camera market worldwide. The CCTV camera market is governed by technology advancements in the areas of software, hardware, service, and maintenance.
Get TOC @ https://www.transparencymarketresearch.com/report-toc/30941
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Camera Market Technological Advancements Stoke Market Growth here
News-ID: 839269 • Views: 92
More Releases from Transparency Market Research
Food Premix Market Observe Substantial Growth by 2018-2026
Global Food Premix Market: Overview Globally, the parents are more conscious about their baby food. They prefer to give healthy and high nutritional content to their babies. This has led the demand in the global food premix market Read report Overview- https://www.transparencymarketresearch.com/food-premix-market.html Based on form and application are likely to be the key segments in which the market can be divided. Food & beverages, early life nutrition/ baby food, pharma OTC drugs, dietary supplements,
Calcium Silicate Market with Positive Long-Term Growth Outlook, 2016-2023
Calcium silicate, also known as calcium orthosilicate, is a white powder derived from diatomaceous earth and limestone. It is obtained by reacting calcium oxide and silica in various ratios. Calcium silicate possesses properties such as high physical water absorption and low bulk density. Due to these special physical characteristics calcium silicate has several applications in the construction sector. It is also used as a food additive in the food processing
Polysulfides Market Scope and Opportunities Analysis 2015– 2023
Polysulfides are chemical compounds that primarily comprise chains of sulfur atoms. These compounds exhibit various functional properties due to which they are chiefly consumed in building & construction, marine, aerospace, glass insulation, and polymer processing industries. Polysulfides possess high flexibility, high tensile strength, impermeability, chemical and weather resistance, and heat insulation. Read report Overview- https://www.transparencymarketresearch.com/polysulfides-market.html Hence, they are favorably used in coating and sealing applications. These sulfur compounds are generally classified as anionic
CRISPR and Cas Genes Market Compnies Size, Future Trends, Segmentation, Gross Ma …
Transparency Market Research (TMR) has published a new report titled, “CRISPR and Cas Genes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global CRISPR and Cas genes market was valued at US$ 7,234.5 Mn by 2026, expanding at a CAGR of around 20.1% from 2018 to 2026. Increase in applications of CRISPR and Cas gene editing technology in bacteria and usage
More Releases for CCTV
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
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
Utility Locating: The Importance of CCTV Inspection
The need for utility locating in any process; construction, demolition or excavation is a very important and necessary step for any further job to be done. CCTV inspection underground is a very popular method for locating underground drain, sewerage and electrical lines, especially in inaccessible areas. CCTV inspection is a non-destructive and proactive method of utility locating. This method is using mobile camera technology, collecting visual data about the location of
CCTV Camera Market Technological breakthroughs By 2025
CCTV (Closed circuit television) is the utilization of video cameras to communicate a signal to a particular place, on a limited set of monitors. It is basically a system in which signals are not publicly distributed but are examined, majorly for closed observation and security purposes. The CCTV’s are frequently utilized for surveillance in locations that may require regular monitoring such as casinos, banks, military installations, airports, shopping malls, convenience
CCTV Market Technological Breakthroughs 2024
Global CCTV Market: Overview With millions of CCTV cameras monitoring individuals, places of historic importance, traffic signals, healthcare premises, educational institutes, airports, shopping malls, and every possible place or event of significance, ubiquitous surveillance has become a norm. The global CCTV market has obtained traction and regular product and technology developments are being introduced in the market on a regular basis. The report on the global CCTV market gives a detailed outlook
India CCTV Market Outlook 2016
The security systems sector in India can broadly be divided into four main categories: Access Control, Detector & Scanners, CCTV and Alarm Systems. The largest amongst these is the CCTV segment, accounting for more than 50% of the entire electronic security equipment market in India . With the high-success rate of CCTV surveillance devices worldwide, security conscious organizations (both government and non-government) in India are implementing CCTV surveillance, reflecting