Global Closed Circuit Television (CCTV) Camera Market Size, Trends, and Growth Opportunity, By Product (Bullet Security Camera, Dome Security Camera, PTZ Security Camera, Box Security Camera, and Thermal Security Camera), Resolution (HD, Non-HD), Services (Professional Service, Managed Service), Technology (IP Security Camera, Analog Camera), Application (Commercial, Residential, Industrial, Government Use) By Region and forecast till 2030.

Global Closed Circuit Television (CCTV) Camera Market Size, Trends, and Growth Opportunity,  By Product (Bullet Security Camera, Dome Security Camera, PTZ Security Camera, Box Security Camera, and Thermal Security Camera), Resolution (HD, Non-HD), Services (Professional Service, Managed Service), Technology (IP Security Camera, Analog Camera), Application (Commercial, Residential, Industrial, Government Use) By Region and forecast till 2030.
Global Closed Circuit Television (CCTV) Camera Market
Global Closed Circuit Television (CCTV) Camera Market was valued at USD 10.44 Billion in 2022 and is slated to reach USD 26.92 Billion by 2030 at a CAGR of 12.57 % from 2023-2030.
The term "video surveillance" also refers to the closed-circuit television (CCTV) system, which is primarily used for security and surveillance. There are many uses for closed-circuit television (CCTV) cameras, including activity monitoring, evidence gathering, and recording. They also aid in lowering the crime rate. The global market offers a variety of CCTV camera types, including IP cameras and motion detector cameras that record audio along with video and other features in addition to detecting movement. The digital CCTV camera system comes in a variety of sizes and shapes, making installation simple. It also provides clear, colored images.
 

Market Drivers
Over the past few years, there has been a noticeable increase in criminal activity, leading to a significant rise in the demand for closed-circuit television (CCTV) cameras to protect the safety of the public. Sales of the dome, bullet, IP, and other types of surveillance cameras have increased as a result of government initiatives to use more security systems in public places. The demand for CCTV cameras for homes has also increased as a result of the rising crime rate. As urbanization picks up speed, a surge in demand for home CCTV systems is expected. As a result, it is anticipated that rising crime rates and security-related worries will fuel market expansion. Since so many businesses rely heavily on security systems, closed-circuit television (CCTV) camera demand has increased as a result of the widespread use of video system solutions. As an illustration, the European company InfiNet Wireless successfully installed video surveillance system solutions in North West Mexico in November 2021. This project was approved in conjunction with a system integrator and a global VoIP provider. To route data and video streams to a central control room, they also installed several high-performance base station sectors.

Market Restraints
It is anticipated that major market growth will be significantly constrained by concerns about Chinese manufacturing technology in many countries, including the U.S. In June 2021, for instance, U.S. regulators were considering a ban on some Chinese products, which included brands of surveillance cameras like Dahua Technology and Hangzhou Hikvision Digital Technology. After passing in October 2021, the bill was sent to the American president for his approval.
Impact of COVID-19
Most markets around the world suffered as a result of the COVID-19 pandemic's outbreak. Numerous nations imposed lockdowns to stop the coronavirus's global spread and subsequent pandemic situation. These "lockdown" orders restricted activities like product distribution and manufacturing while also causing supply chains to break down. Despite this, the market for CCTV cameras held strong throughout the pandemic due to the expanding range of applications for CCTV cameras in the detection of coronavirus infections. The post-pandemic era is anticipated to see a significant increase in the consumption of CCTV cameras, and products like Wi-Fi CCTV cameras, wireless CCTV systems, wireless IP cameras, dome cameras, and others are likely to see strong sales.

Recent Developments
Johnson Controls stated that they would be releasing their new IP cameras in 2021, primarily in the dome camera format. In 8 MP, 4 MP, and 2MP configurations, Tyco Illustra Pro Gen4 has been released. Johnson Controls' expanding IP camera portfolio, which focuses on Edge AI classifications, includes these mini-dome cameras in its entirety.

Market Segmentation
Global Closed Circuit Television (CCTV) Camera is segmented into By Product, Resolution, Services, Technology, and Application. By Products such as Bullet Security Cameras, Dome Security Cameras, PTZ Security Cameras, Box Security Cameras, and Thermal Security Cameras. By Resolution such as HD, Non-HD. By Services such as Professional Service, Managed Service. By Technology such as IP Security cameras, Analog Camera. By Applications such as Commercial, Residential, Industrial, and Government Use.

Regional Analysis
Global Closed Circuit Television (CCTV) Cameras are segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the rising number of businesses providing cutting-edge services and goods, Asia-Pacific currently dominates the closed circuit television (CCTV) camera market in terms of revenue growth. In this region, analog surveillance is increasingly giving way to IP cameras. North America is anticipated to experience the fastest growth during the forecast period of 2022–2030 due to rising concerns about road safety and an increase in the need for safety in high-risk areas in this region.

Key Players
This report includes a list of numerous Key Players, namely Honeywell International Inc (U.S.), Axis Communications AB. (Sweden), Canon India Pvt Ltd. (India), Bosch Sicherheitssysteme GmbH (Germany), Schneider Electric (France), Johnson Controls (Ireland), Panasonic Corporation (Japan), SAMSUNG (South Korea), Cisco (U.S.), Sony Corporation (Japan), Dahua Technology Co., Ltd (China).

Market Taxonomy  

By Product
• Bullet Security Camera
• Dome Security Camera
• PTZ Security Camera
• Box Security Camera
• Thermal Security Camera

By Technology
• IP Security Camera
• Analog Camera

By Application
• Commercial
• Residential
• Industrial
• Government Use

By Resolution
• HD
• Non-HD

By Services
• Professional Service
• Managed Service

By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.