DUBLIN--(BUSINESS WIRE)--The "Global CCTV Market Forecast 2022" report has been added to ResearchAndMarkets.com's offering.
The market for global CCTV is expected to grow at a CAGR of around 11% during 2018-2022.
CCTV cameras are gaining popularity these days due to increasing thefts, workplace aggression, school violence, etc. Various innovations including the latest Sony Starvis technology or the products with features like facial recognition are also propelling the growth of CCTV cameras. IP-based CCTV system meant for the purpose of security can be used for Business Intelligence (BI) especially in retail and other sectors.
The demand of IP-based CCTV has been increasing as it allows video to be transferred over an IP infrastructure, making it accessible from anywhere in the world. People are using IP-based systems over traditional analog systems because of greater flexibility, high resolution, superior value, etc. The Global IP surveillance market is anticipated to grow at a CAGR of around 16% for the forecasted period 2016-2022 to reach around US$ 30 Billion by the end of 2022.
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 firms to embrace the CCTV technology.
Key Topics Covered:
1. Analyst View
2. Research Methodology
3. Introduction to CCTV Technology
4. CCTV Market Outlook to 2022
5. Country-level Analysis: Studying the Future Potential
6. Industry Analysis by Vertical
7. Key Players
- Axis Communications
- Bosch Security Systems, Inc.
- Flir Systems Inc.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Hanwha Techwin
- Honeywell International Inc.
- Panasonic System Networks Co., Ltd.
- Pelco, Inc.
- Sony Corporation
- Toshiba Corporation
- Tyco International Ltd.
- Vicon Industries, Inc.
- Zhejiang Dahua Technology Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/87dj38/global_cctv?w=4