CCTV Market Research Report - Global Forecast to 2030

CCTV Market [By Camera Type (IP, Analogue) By Technology (CMOS, CCD) By End User (Hospital, Hotel, Real Estate, IT Sector) By Channel (Distribution, Retail) By Country (India, China, USA, Canada, France, Germany, Italy, Spain)] - Forecast to 2030

ID: MRFR/SEM/0206-CR | March 2016 | Region: Global | 110 Pages         

1 Introduction

1.1 Definition

1.2 Scope of the study

1.2.1 Research Objectives

1.2.2 Assumptions & Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

3 Report Excerpt

4 Forecast Indicators

4.1 Introduction

4.2 Growth Drivers

4.3 Growth Barriers

4.4 Market Opportunities

4.5 Macroecnomical Indicators

5 Market Analysis

5.1 Porter's Five Force

5.2 Supply Chain Analysis

5.3 Value chain Analysis

6 Global CCTV Market, by Type

6.1 Introduction

6.2 Analogue Camera

6.3 HD Analogue Camera

6.4 Internet Protocol (IP) Camera

6.4.1 Wired

6.4.2 Wireless

7 Global CCTV Market, by Technology

7.1 Introduction

7.2 CMOS Technology

7.3 CCD Technology

8 Global CCTV Market, by End-user

8.1 Introduction

8.2 Educational Centers

8.3 Hospitals

8.4 Hotels

8.5 Real Estates

8.6 Religious Places

8.7 Government

8.8 Retail

8.9 IT Sector

8.10 Transport Sector

9 Global CCTV Market, by Channel Structure

9.1 Introduction

9.2 Distribution Channel

9.3 System Integrator/Retail Channel

10 Global CCTV Market, by Region

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.3 Europe

10.3.1 Germany

10.3.2 France

10.3.3 UK

10.3.4 Italy

10.3.5 Spain

10.3.6 Rest of Europe

10.4 Asia

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Rest of Asia

10.5 Rest of the World

11 Competitive Landscape

11.1 USA: Market Share Analysis

11.2 Europe: Market Share Analysis

11.3 China: Market Share Analysis

India: Market Share Analysis

12 Company Profiles

12.1 Hikvision Digital Technology

12.2 Honeywell Security

12.3 Bosch Security System

12.4 Safran Security

12.5 Dahua Technology

12.6 Assa Abloy (Global Technologies)

12.7 Tyco Security Products

12.8 Flir Systems

12.9 Samsung

12.10 Axis Communications

12.11 Allegion

12.12 Aiphone

12.13 TKH Group

12.14 Avigilon

12.15 Infinova

12.16 Vevotech

12.17 Movotix

12.18 Geovision

12.19 Indovision

12.20 AV TECH

12.21 Vicon Industry

CCTV Market

Global CCTV Market can grow approximately USD 46.52 Billion at a 13.1% CAGR during the forecast period (2020-2030).


By Camera Type Analog Camera Hd Analog Camera Internet Protocol (Ip) Camera Wired Wireless
By Technology Cmos Ccd
By End-User Hospital Hotel Real Estate It Sector
By Channel Distribution Channel System Integrator/Retail Channel
By Region North America Europe Asia Pacific Rest Of The World (Ro W)

Key Players

  • Honeywell Security
  • Hikvision Digital Technology
  • Bosch Security System
  • Dahua Technology
  • Safran Security
  • Assa Abloy
  • Flir Systems
  • Tyco Security Products
  • Samsung
  • Axis Communications


  • Rising adoption of CCTV cameras across commercial
  • residential
  • industrial
  • and infrastructural sectors. Increasing awareness of surveillance technologies benefits in safety and security purposes.
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Market Overview

Global CCTV Market stood at USD 19 Billion in 2015 and can grow approximately USD 46.52 Billion at a 13.1% CAGR during the forecast period (2020-2030). 

CCTV synonyms for video surveillance and the CCTV market comprises manufacturing, distribution, and sale of various components and technology, including software, hardware, and services. The phenomenal rise of the CCTV industry is due to a combination of competitive pricing, innovative solutions, and a burgeoning video surveillance market. 

The global video surveillance equipment market is to grow modestly, mainly due to the steps taken by the CCTV market players to drive growth and increase market share, such as expanding their geographic reach. The booming adoption of CCTV cameras and systems for video surveillance is driven by the government's safe city initiatives and a burgeoning private sector.

COVID-19 Analysis

The COVID-19 outbreak seems to have impacted the CCTV market growth positively. During the pandemic, there have been significant innovations in AI-based surveillance systems and CCTV cameras offering contact free tech solutions that could detect any anomalies related to the virus. The market is witnessing increasing product development of AI-enabled CCTV solutions that could allow organizations and other institutions to detect and track Covid-19 violations as a preventive measure.

Industry players have always been committed to developing technology that is innovative and drives change. They are fostering investments in ramping up products based on the new AI and machine learning, building the online video ecosystem. In the US, one-third of smart device owners have increased usage of their devices during the COVID-19 pandemic, including smart home & business security that can be integrated with the existing CCTV networks and upgraded to real-time notifications.

Market Dynamics 


Rising Adoption of CCTV Cameras to Bolster Growth

The global CCTV market is growing rapidly, mainly due to the rising adoption of CCTV cameras across commercial, residential, industrial, and infrastructural sectors. Increasing awareness of surveillance technologies benefits in safety and security purposes drives the CCTV industry. 

Also, the rising uptake of IP surveillance to manage social distancing during COVID-19 challenges is projected to accelerate the market valuation. The CCTV market size is also boosted by the increased adoption of IP-surveillance in perimeter security, alongside the rising smart homes trend.


Emerging Economies to Present Robust Opportunities

Emerging markets worldwide present untapped opportunities for CCTV uses in various industry verticals. Significant demand for CCTV cameras to control rising criminal activities in emerging countries would offer vast opportunities to global firms in the nearing future. Besides, the benefits of AI capabilities enable real-time monitoring of any location through a contact-free setup, and smart alarm systems to detect & monitor COVID-19 related anomalies would boost the CCTV market share significantly. 


Lack of Awareness to Restrain Market Growth

The lack or low awareness regarding advanced CCTV products is a major challenge projected to restrain the ongoing market growth, affecting the sales and uses of CCTV systems in the coming years. 


Fluctuating CCTV Products' Prices to Challenge Players

High costs alongside the fluctuating CCTV product prices across countries could be a major challenge for the market players. 

Cumulative Growth Analysis

CCTV Market to Expand at a Strong Rate 

Citing the potential demand in the CCTV market, various venturing capitalists are substantially investing in the development of new and advanced products. This is another major reason expected to influence the CCTV market size in the nearing future. Other major trends observed during the CCTV market analysis include rising uses of video content analysis (VCA) and smart CCTVs that can enable automatic video analyzing to detect and determine temporal and spatial events. 

Another major trend in the industry includes a growing preference for fixed dome cameras over box cameras as fixed dome cameras are easy to install and aesthetically pleasing. The CCTV industry is witnessing various other trends, which are discussed in the report in detail.

Segment Overview 

Analogue, HD Analogue, and IP camera to Witness Significant Demand 

CCTV Market is primarily segmented on the basis of Camera Type, Technology, End-User, Channel, and Regions. 

The Camera Type segment is further bifurcated into analog camera, HD analog camera, and internet protocol (IP) camera (wired IP cameras and wireless IP cameras). Among these, analog, HD analog, and internet protocol camera segments account for major market shares. The IP camera segment is poised to register the highest CAGR in the CCTV market due to technological advancements.  

CMOS Segment takes the Lead 

The technology segment is further sub-segmented into CMOS and CCD technology. The CMOS technology segment witnesses a significant market share. The CMOS technology demand is poised to hike up in the coming years due to its user-friendliness. 

Government Accounts for the Largest End User Segment 

Based on end users, the CCTV market is sub-segmented into educational centers, hotels, hospitals, real estate, government, retail, IT sector, transport, religious places, and other sectors. Among these, the government segment accounts for the largest end user of CCTVs due to wide usages of CCTVs in government offices, infrastructures, and roads. 

Distribution Channel to be the Top Segment 

Based on the channel structure, the market is further divided into distribution channels and system integrator/retail channels. The distribution channel segment has always remained the largest since 2015. However, the retail segment would witness high growth during the assessment period.

Regional Analysis

North America to Maintain its Winning Streak 

North America has always been leading the global CCTV market. Factors driving the regional market growth include rising needs for public and personal safety and extensive adoption of advanced CCTV cameras to meet the growing demand for office safety and working premises. Moreover, the growing end-use industries create opportunities for the market to grow colossally.

Europe Holds Second Highest Share in Global CCTV Market 

Europe accounts for the second-largest CCTV market globally. Factors such as the increasing uptake of surveillance solutions in government establishment and public protection policies foster market growth. Additionally, the rising adoption of cloud-based surveillance services by small and large organizations in the region boosts the CCTV market size. 

Competitive Landscape

Players Focus on New Product Development and Expansin Plans to Gain Impetus

The worldwide CCTV market appears extremely fragmented, considering the presence of well-established manufacturers and distributors. They seek opportunities to integrate across the extensive value chain while focusing on R&D investments, production facility expansion, and M&A activities to gain impetus. New CCTV manufacturers enter the market with aggressive pricing to undercut the established providers and gain footholds in international markets. 

Also, they improve the quality of their products by innovating new concepts that can challenge suppliers of more advanced surveillance systems. They could do this partly because they reinvested a significant portion of their revenues back into research and development. 

So these manufacturers start moving up the value chain and expand their distribution channels and system integrators. Leading CCTV companies have also expanded their offering well beyond just camera hardware to include video analytics at the edge, sophisticated NVRs, deep learning algorithms, and video management systems.

Hangzhou Hikvision Digital Technology Co., Ltd., (Hikvision), is a Chinese manufacturer and supplier of video surveillance equipment for civilian and military purposes. The company, with its primary focuses on Embedding switchable algorithms, drives its AI product development. With ever-changing technologies and functionalities, Hikvision's approach creates great value for end users to ensure security, implement business intelligence, and other applications. 

List of Key Companies 

  • Honeywell Security

  • Hikvision Digital Technology

  • Bosch Security System

  • Dahua Technology

  • Safran Security

  • AssaAbloy

  • Flir Systems

  • Tyco Security Products

  • Samsung

  • Axis Communications 

Recent Developments

  • December 2, 2020 – Hikvision announced a new distribution agreement with COP UK, which would see the company offer a comprehensive range of Hikvision products as an authorized distributor from early 2021.

  • August 07, 2020 – CCTV Manufacturer LILIN announced the development of an innovative range of COVID solutions to aid a safe return back to work. LILIN's HD camera uses face detection software with a temperature measuring camera for high-temperature checks of employees, shoppers, visitors, and more. 

  • July 02, 2020 – Hikvision, an IoT solution provider with video as its core competency, announced an addition to its DeepinView camera line. This addition loads a batch of AI-powered deep learning algorithms into each unit, boasting stunning performance and cost-effective pricing.

  • May 04, 2020 – Hanwha Techwin launched the new High resolution 8K camera - Wisenet TNB-9000. Capable of 'super high resolution' 8K recording, the unit is said to be ideal for security personnel at airports, stadiums, and other open environments prone to the risk of terrorist activity.

  • October 02, 2019 – Video surveillance products and solutions company Prama Hikvision launched its first end-to-end Make in India production facility at Vasai. Capable of producing one CCTV camera per second, the facility, spread over 12 acres.

Report Overview 

The report features unique and relevant factors expected to significantly impact the CCTV market during the forecast period. The detailed and considerable amount of information in the report would help industry players understanding the market better. The MRFR report elaborates on the historical and current trends boosting the growth of the CCTV market. 

Besides, the analysis of COVID-19 impact on the CCTV industry is also included in the report. Regional assessment explained in this report unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling in the region enables users to evaluate company shares analysis, emerging product lines, the scope of the product in new markets, pricing strategies, innovation possibilities and much more.

Segmentation Table

By Camera Type

  • Analog Camera

  • HD Analog Camera

  • Internet Protocol (IP) Camera

  • Wired

  • Wireless

By Technology

  • CMOS

  • CCD

  • Others

By End-User

  • Hospital

  • Hotel

  • Real Estate

  • IT Sector

  • Others

By Channel

  • Distribution Channel

  • System Integrator/Retail Channel

  • Others

By Region

  • North America

  • Europe

  • Asia Pacific

  • Rest of the World (RoW)

Report Scope:
Report Attribute/Metric Details
  Market Size   USD 46.52 Billion
  CAGR   13.1% CAGR
  Base Year   2019
  Forecast Period   2020-2030
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Camera Type, Technology, End User, Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Honeywell Security, Hikvision Digital Technology, Bosch Security System, Dahua Technology, Safran Security, Assa Abloy, Flir Systems, Tyco Security Products, Samsung, and Axis Communications
  Key Market Opportunities   Significant demand for CCTV cameras to control rising criminal activities in emerging countries.
  Key Market Drivers

  • Rising adoption of CCTV cameras across commercial, residential, industrial, and infrastructural sectors.
  • Increasing awareness of surveillance technologies benefits in safety and security purposes.

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    Frequently Asked Questions (FAQ) :

    The global CCTV market is expected to garner USD 46.52 Billion by 2030

    Hikvision Digital Technology, Bosch Security System, Honeywell Security, and Safran Security are some reputed players of the CCTV market.

    Video content analysis (VCA) is an ongoing trend of the market.

    Governments are focusing on security and surveillance solutions that can impel the global CCTV market growth.

    Rapid infrastructural development in Europe to support the CCTV market.

    CCD and CMOS are technologies that are used by CCTV.

    Internet Protocol (IP) camera, HD analogue camera, and analogue camera are types of CCTV.