CCTV Cameras Market Growing at a CAGR of 15.7% during 2017-2025
Companies in the global market are focusing on reaching untapped and rural areas to increase the scope of application for CCTV cameras. This expansion will help companies improve their customer base. The rural markets in developing regions have huge growth potential. In order to target these markets, manufacturers can lower the prices of CCTV cameras, as these are price sensitive markets. There are also increasing safety concerns in various regions. Manufacturers are now focusing on advancing the technologies used in CCTV cameras so as to attract more customers. Among other trends the global CCTV camera market is expected to witness a rise in the usage of IP address based cameras.Request Sample Report@ https://www.persistencemarketresearch.com/samples/21760
Increasing security concerns among people have increased the use of CCTV cameras worldwide. CCTV is the use of video cameras to transmit signals to a specific place on a designated device. It may employ point to point (P2P), point to multipoint or mesh wireless links. Applicable for surveillance in areas that may need monitoring such as banks, casinos, airports, military installations and convenience stores. CCTV systems may operate continuously or only as required to monitor/capture a particular event.
A new research report by Persistence Market Research highlights the scenario of the global CCTV camera market – the report is titled “CCTV Camera Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025.” This comprehensive research report highlights the factors that are impacting the growth of the global CCTV camera market. According to the analysis, the global CCTV camera market is expected to reach a market value of over US$ 29,800 Mn by the end of 2025, growing at a stellar CAGR of 15.7% during the forecast period.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/cctv-cameras-market/toc
This exceptional growth is the result of introducing new and advanced technology enabled cameras in the global market and also owing to rising safety concerns in both residential as well as commercial areas.
Based on region, Asia Pacific is way ahead of all other regional markets in terms of market size and growth rate. The APAC CCTV camera market is expected to reach a market value of over US$ 11,800 Mn by the end of 2025, growing at a CAGR of 17.1%. North America takes the second position among the regions and is expected to be an attractive regional market during the forecast period.
Based on camera type, dome camera is expected to a highly lucrative segment with an expected market size of over US$ 10,500 Mn by the end of 2025, growing at an exponential CAGR of 17.1% during the forecast period. Bullet camera is also expected to be an attractive segment in the global CCTV camera market.
Based on Technology, the IP/Network camera segment dominates the market with the highest growth rate whereas, analog camera exhibits the highest market size during the forecast period.
Based on end user, the residential segment dominates the market with the highest growth rate. However, the commercial segment has the highest market size during the forecast period.
Report overview @ https://www.persistencemarketresearch.com/market-research/cctv-cameras-market.asp
The research report consists of a brief profile of all the major players in the industry. Some of these key players included in the report are Hangzhou Hikvision Digital Technology Co. Ltd, Dahua Technology Co., Ltd., Bosch Security Systems, Hanwha Techwin Co. Ltd., FLIR Systems, Inc, Honeywell International Inc, CP PLUS International, Sony Corporation, Digital Watchdog, Axis Communications AB etc.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Cameras Market Growing at a CAGR of 15.7% during 2017-2025 here
News-ID: 956290 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
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…
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…
CCTV Digital Video Recorders Market by Types(Embedded CCTV DVRs, Hybrid CCTV DVR …
This report on the Global cctv digital video recorders dvr market offers a detailed overview of this market and discusses the predominant factors affecting the market’s growth. The impact of Porter’s five forces on the market over the next few years has also been discussed at length in this study. It further forecasts the size and valuation of the Global cctv digital video recorders dvr market for the forthcoming years.
Get…
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…