CCTV Market By Pixel Resolution (Less than 1.0 MP,1.1 - 3.0 MP,3.1 - 5 MP, More than 5 MP), By Direction type (Omnidirectional, Unidirectional), By Use type (Indoor, Outdoor), By Type (Infrared, Box, Dome, PTZ, Bullet, Others), By System Type (Analog Based, IP Based), By Application (Infrastructure, Border Security, Commercial, Residential, Industrial, Institutional, Others), By Sales channel (Dealers, Retailers, Direct Sales, Online Sale), By Geography - Global Opportunity Analysis & Industry Forecast, 2022-2027

Report Code: ESR 0457 Report Format: PDF + Excel

CCTV Market

The CCTV Market size was valued at $15.2 billion in 2021, and the demand is estimated to grow at a CAGR of 14.2% during the forecast period 2022-2027. Increasing number of commercial buildings and small and medium enterprises are strengthening the deployment of CCTVs in these sectors, owing to security and surveillance applications. The use of omnidirectional camera has been increasing in robotics including through utilization of artificial intelligence and internet of things, due to their wide field of view. Due to development in cloud services and networking technology particularly network attached storage, digital video recorders, IP omnidirectional cameras are becoming affordable for some major segments in video surveillance market. Infrared CCTVs are vital for industries such as banking, government, military and others where thermal data management is critical. The World Bank’s 2021 study highlights that the unsafe food costs low-and middle-income economies about $110 billion in lost productivity and medical expanses every year. To reduce some proportion of this cost, preventative measures such as usage of infrared CCTV will play a major role. Dealers grant special exchange offers related to low transaction cost and fast trade execution that include simple and easy trading mechanism, skipping the role of brokers and thus, avoiding extra cost. The application of CCTVs in outdoor applications is continuously increasing in response to increased safety monitoring in public places. Due to harsh and extreme temperatures, thermal or infrared cameras which have great stability are gaining popularity

CCTV Market Report Coverage

The report: “CCTV Market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the CCTV Market Report.

By Pixel Resolution: Less than 1.0 MP,1.1 - 3.0 MP,3.1 - 5 MP, More than 5 MP.
By Direction type: Omnidirectional, Unidirectional.
By Use type: Indoor, Outdoor.
By Type: Infrared, Box, Dome, PTZ, Bullet, Others.
By System Type: Analog Based, IP Based
By Application: Infrastructure, Border Security, Commercial, Residential, Industrial, Institutional, Others.
By Sales channel: Dealers, Retailers, Direct Sales, Online Sale.
By Geography: North America (U.S, Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

Key Takeaways

  • The adoption of surveillance cameras for security in BFSI buildings, electric grids, malls, metro stations and others has raised the requirement for CCTVs in such infrastructure. 
  • The construction segment in the CCTV market is anticipated to grow at a CAGR of 15.3% during the forecast period.
  • In February 2018, Arlo Technologies, Inc. declared its partnership with Eagle Eye Networks with plans to launch a unique commercial video surveillance technology that support wired and wireless IP security devices.

CCTV Market, By System Type


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CCTV Market Segment Analysis - By Pixel Resolution

3.1 to 5.0 megapixels segment generated a revenue of $5.8 billion in 2021, and is projected to grow with a CAGR of 14.6% during the forecast period. This category supports H.264 Zip+ technology, which reduces the bandwidth and increases around 50% of storage space, making it suitable for indoor and outdoor applications such as in governmental infrastructure, offices, educational facilities and retail stores for Point of Sale (POS) monitoring. The fastest growing segment will be More than 5.0 MP, and projected to grow with a CAGR of 19% during the forecast period. 

CCTV Market Segment Analysis - By Application 

The rapidly growing population which is projected to be $8.6 billion by 2030 by the United Nations, will enable real-estate industry to observe a disruptive growth. The Commercial constructions such as office and retail buildings are growing in countries like the U.S. and India. Thus, it will increase the usage of CCTVs for security applications in commercial sector over the forecast period, the commercial application CCTV market was estimated to be $6,364.2 million in 2021. 

CCTV Market Segment Analysis - By Geography

North America is the leading region in CCTV Market, where the U.S. is the major contributor, owing to increased demand for small installations and advanced workplace surveillance, which simultaneously drives demand for the CCTV market. According to the report by BuiltWorlds Inc., 50% of all constructions in the U.S. from 2019 to 2023 are expected to occur in just 20 cities. From those cities, New York, Los Angeles, Dallas, Houston and Washington, are expected to generate higher demand for CCTVs. This will drive the North America market by 12.9% CAGR through 2027.

CCTV Market Drivers

Growth in the Real Estate 

The U.N. has projected that world population will grow rapidly to 8.6 billion by 2030, which will lead to disruptive growth in the real-estate industry. Hence, real-estate industry growth will boost the CCTV market to aid in security & surveillance applications. According to JLL, Although the impact of COVID is still being felt, many parts of the world are now moving towards living with the virus as opposed to operating with strict restrictions. This is flowing through to real estate markets with demand picking up in those sectors highly impacted by restrictions such as office, retail and hotels. Uncertainty however remains a key theme going forward as concerns remain around new variants, emerging geopolitical issues and elevated inflation. On the back of a broadening recovery, the global capital markets recovered in a profound manner during 2021. As such, investment activity surged by 54% in 2021, totaling a record US$1.3 trillion. This rise in investment in Real Estate market will drive the market growth.

Stringent Government Regulations

The CCTV market is positively influenced by the government regulations. Governments in the Middle East region are highly concerned regarding safety and security of public and private infrastructure. IP-based surveillance systems have already been deployed in Dubai, Abu Dhabi, and other Gulf nations. Surveillance systems have undergone drastic transformations, owing to real-time video analytics. The UK in particular has been a driver in the adoption of CCTV Cameras. According to the Freedom of Information Act 2000 requests, the total number of local government operated CCTV cameras was around 52,000 over the entirety of the UK. Highway surveillance has benefitted from evolution of CCTVs. Government regulations are also embracing technologies for enhancing safety and security, and the infrastructure. The implementation of GDPR has led to increased focus on CCTV utilization inline with privacy laws. For example, in Sweden, the use of CCTV in public spaces is regulated both nationally and via GDPR (the European privacy act). Despite these privacy laws, CCTV usage continues to be driven by Govenrment safety regulations.

CCTV Market Challenges 

Data Privacy and Internet speed Issues with IP Based CCTV Cameras

Less Internet penetration and inadequate Internet speed is also an issue that can pose hurdles in the growth of the IP Based CCTV market in many under developed and developing countries. Good internet connection, reliability and adequate Internet speed is the primary factor considered while incorporating IP Based CCTVs. Transferring data over the internet, increase the chances of data exposure to remote attacks, thus, CCTV Cameras market is facing a major challenge of security breach that involve transferring of sensitive data. 

Market Landscape

Companies operating in the CCTV Market are focusing more on product launches which accounted for 72% of the total developments during 2019-2021. The CCTV top 10 Companies include

  1. Samsung
  2. Sanyo
  3. Honeywell
  4. FLIR
  5. Sony
  6. Avtech
  7. Zicom
  8. Panasonic
  9. LG Electronics
  10. Schneider Electric

Recent Developments

  • In November 2020, Secureye launched India’s most advanced 8MP CCTV camera range. A first in the segment, S-CCI3 Bullet Camera & S-CCI2 Dome Camera has 8-megapixel resolution for far more clearer images
  • In December 2021, MOBOTIX Launched 18 New Products consisting of innovative hardware and software solutions. Including a new CCTV Solution.
  • In July 2021,, the AI-powered video analytics platform, announced the launch of new SaaS-based and simplified version of its product This video analytics platform is compatible for CCTV applications.

Relevant Report Titles:

Report Code: ITR 0003

Report Code: ESR 77566

Report Code: ESR 0576 

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1. CCTV Camera Market - Overview
    1.1. Definitions and Scope
2. CCTV Camera Market - Executive summary
    2.1. Market Revenue, Market Size and Key Trends by Company
    2.2. Key Trends by type of Application
    2.3. Key Trends segmented by Geography
3. CCTV Camera Market 
    3.1. Comparative analysis
        3.1.1. Product Benchmarking - Top 10 companies
        3.1.2. Top 5 Financials Analysis
        3.1.3. Market Value split by Top 10 companies
        3.1.4. Patent Analysis - Top 10 companies
        3.1.5. Pricing Analysis 
4. CCTV Camera Market – Startup companies Scenario Premium Premium
    4.1. Top 10 startup company Analysis by
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Market Shares
        4.1.4. Market Size and Application Analysis
        4.1.5. Venture Capital and Funding Scenario
5. CCTV Camera Market – Industry Market Entry Scenario Premium Premium
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing business index
    5.3. Case studies of successful ventures
    5.4. Customer Analysis – Top 10 companies
6. CCTV Camera Market Forces
    6.1. Drivers
    6.2. Constraints
    6.3. Challenges
    6.4. Porters five force model
        6.4.1. Bargaining power of suppliers
        6.4.2. Bargaining powers of customers
        6.4.3. Threat of new entrants
        6.4.4. Rivalry among existing players
        6.4.5. Threat of substitutes 
7. CCTV Camera Market -Strategic analysis
    7.1. Value chain analysis
    7.2. Opportunities analysis
    7.3. Product life cycle
    7.4. Suppliers and distributors Market Share
8. CCTV Camera Market – By Type (Market Size -$Million / $Billion)
    8.1. Market Size and Market Share Analysis 
    8.2. Application Revenue and Trend Research
    8.3. Product Segment Analysis
        8.3.1. Infrared
        8.3.2. Box
        8.3.3. Dome
        8.3.4. PTZ
        8.3.5. Bullet
        8.3.5. Others
9. CCTV Camera Market – By Use Type (Market Size -$Million / $Billion)
    9.1. Indoor
    9.2. Outdoor
10. CCTV Camera Market – By Pixel Resolution (Market Size -$Million / $Billion)
    10.1. Less than 1 MP
    10.2. 1-3 MP
    10.3. 3.1-5 MP
    10.4. More than 5 MP
11. CCTV Camera Market – Direction Type (Market Size -$Million / $Billion)
    11.1. Unidirectional
    11.2. Omnidirectional
12. CCTV Camera Market – By System Type (Market Size -$Million / $Billion)
    12.1. Analog Based
    12.2. IP Based
13. CCTV Camera Market – By Sales Channel (Market Size -$Million / $Billion)
    13.1. Dealers
    13.2. Retailers
    13.3. Direct Sales
    13.4. Online Sales
14. CCTV Camera Market – Applications (Market Size -$Million / $Billion)
    14.1. Infrastructure
    14.2. Border Security
    14.3. Commercial
    14.4. Residential
    145. Industrial
    14.6. Institutional
    14.7. Others
15. CCTV Camera - By Geography (Market Size -$Million / $Billion)
    15.1. CCTV Camera Market - North America Segment Research
    14.2. North America Market Research (Million / $Billion)
        15.2.1. Segment type Size and Market Size Analysis 
        15.2.2. Revenue and Trends
        15.2.3. Application Revenue and Trends by type of Application
        15.2.4. Company Revenue and Product Analysis
        15.2.5. North America Product type and Application Market Size
    15.3. CCTV Camera - South America Segment Research
    15.4. South America Market Research (Market Size -$Million / $Billion)
        15.4.1. Segment type Size and Market Size Analysis 
        15.4.2. Revenue and Trends
        15.4.3. Application Revenue and Trends by type of Application
        15.4.4. Company Revenue and Product Analysis
        15.4.5. South America Product type and Application Market Size
   Costa Rica
   Rest of South America
    15.5. CCTV Camera - Europe Segment Research
    15.6. Europe Market Research (Market Size -$Million / $Billion)
        15.6.1. Segment type Size and Market Size Analysis 
        15.6.2. Revenue and Trends
        15.6.3. Application Revenue and Trends by type of Application
        15.6.4. Company Revenue and Product Analysis
        15.6.5. Europe Segment Product type and Application Market Size
   Rest of Europe
    15.7. CCTV Camera – APAC Segment Research
    15.8. APAC Market Research (Market Size -$Million / $Billion)
        15.8.1. Segment type Size and Market Size Analysis 
        15.8.2. Revenue and Trends
        15.8.3. Application Revenue and Trends by type of Application
        15.8.4. Company Revenue and Product Analysis
        15.8.5. APAC Segment – Product type and Application Market Size
   South Korea
   Rest of APAC
    15.7. CCTV Camera – RoW Segment Research
    15.8. RoW Market Research (Market Size -$Million / $Billion)
        15.8.1. Segment type Size and Market Size Analysis 
        15.8.2. Revenue and Trends
        15.8.3. Application Revenue and Trends by type of Application
        15.8.4. Company Revenue and Product Analysis
        15.8.5. RoW Segment – Product type and Application Market Size
   Middle East 
16. CCTV Camera Market - Entropy
    16.1. New product launches
    16.2. M&A's, collaborations, JVs and partnerships
17. CCTV Camera Market – Industry / Segment Competition landscape Premium Premium
    17.1. Market Share Analysis
        17.1.1. Market Share by Country- Top companies
        17.1.2. Market Share by Region- Top 10 companies
        17.1.3. Market Share by type of Application – Top 10 companies
        17.1.4. Market Share by type of Product / Product category- Top 10 companies
        17.1.5. Market Share at global level- Top 10 companies
        17.1.6. Best Practises for companies
18. CCTV Camera Market – Key Company List by Country Premium Premium
19. CCTV Camera Market Company Analysis
    19.1. Market Share, Company Revenue, Products, M&A, Developments
    19.2. Bosch Security Systems
    19.3. Hikvision Digital Technology
    19.4. Honeywell Security
    19.5. Tyco International 
    19.6. Company 5
    19.7. Company 6
    19.8. Company 7
    19.9. Company 8
    19.10. Company 9
    19.11. Company 10