Global CCTV Market – Overview:

Global CCTV Market is in its happier days and experiencing substantial growth across the globe for the past few years owing to the rising concerns of security and safety. This eventually, has resulted into an increased demand for technically advanced surveillance system and creating a huge growth opportunities for CCTV Market players.

The Segment – ‘Analog CCTV camera’ dominated the global CCTV Market in the past owing to emerging network IP as the leading technology. The threat of terrorism and an increase in crime rate have also fueled the evolution of video analytics.

CCTV systems are being widely utilized in the transportation sector to manage traffic flow and enhance highways safety, and they continue to play a significant role in retail sector for valuable management information. On observing the latest trends in the global CCTV market, it’s found that cloud-based video surveillance is the next generation of video surveillance.

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Global Competitive Analysis

Owing to the lucrative potential of this market, the contenders in the industry are aiming to grow their market portion to a by the usage of key assets to enable growth transformations which will be beneficial for the long run transformation of the sector. This outlook is favorable for the volume driven growth of the sector. Diverse products will increase the demand levels of the industry which will lead to speedy growth in the market. The industry is maintaining the growth potential of the market through continuous ongoing course advances and supporting financial flexibility to spend in the finest strategies when they arise.

The major players in this industry include Bosch Security System, Honeywell Security, AssaAbloy, Hikvision Digital Technology, Safran Security, Dahua Technology, Flir Systems, Samsung, Tyco Security Products, and Axis Communications amongst others.

Industry Updates:

Mar 2018 The state of Maharashtra in India after being directed by the Bombay High Court, in February 2016 to install Close Circuit Television Cameras (CCTVs) in all police stations, has of late made provisions in the state budget worth Rs 165.92 crore to install CCTV cameras. This move is said to enable the interchange of essential information between the concerned police stations as and when needed. This will further help in keeping respectable synchronization between bodies such as concerned police station, forensic laboratory and court which will further help in speeding up the investigation.

Industry Segments

The CCTV market is divided on the types of CCTVs. The types include HD analogue, analogue and internet protocol cameras are the main types of CCTVs that are present in the market. The IP cameras segment type is further sub categorized into wireless IP cameras and wired IP cameras. In this category, The IP cameras are equipped to observe the maximum CAGR per cent in the due to technological advancements taking place in the industry.

The technology basis has divided the market into CCD and CMOS technology. The demand for CMOS technology is set to rise in approaching years owing to its user friendliness features. The CCTV industry is subdivided on end users basis into hospitals, religious places, real estates, hotels, educational centers, government, IT sector, retail, and transport sector. Amongst the end users category, the government sector is the biggest end user type for CCTVs. Their large demand share is credited to varied usage of CCTVs in government offices and on roads.

According to the channel structure, the market is further separated into retail channel and distribution channel. The principal share in the global CCTV market is credited to the distribution channel. The retail channel structure will also observe a high growth period in the forecast period.

Key Players:

The prominent players in this market include Hikvision Digital Technology, Honeywell Security, Bosch Security System, Safran Security, Dahua Technology, AssaAbloy, Tyco Security Products, Flir Systems, Samsung, and Axis Communications amongst others.

Global CCTV Market – Regional Analysis

Based on region, North America is the largest market for CCTV followed by Europe and Asia. The Asian market especially India and China are focus for the growth the global CCTV market. Improving infrastructure, government initiatives, and high economic growth in this region has triggered the growth of this market.

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TABLE OF CONTENTS

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

Continued…

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