CCTV Market is predicted to reach USD 58 billion at a CAGR of 13.50% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global CCTV Market”.

MRFR recognizes the following companies as the key players in the global CCTV market— Hikvision Digital Technology, Honeywell Security, Bosch Security System, Safran Security, Dahua Technology, AssaAbloy, Tyco Security Products, Flir Systems, Samsung, Axis Communications, Panasonic Corporation, Sony electronics, ADT LLC, Guardian Protection Services, and Mobotix AG.

CCTV Market Highlights

The global CCTV market is accounted to register a CAGR of 13.50% during the forecast period and is estimated to reach USD 58 billion by 2032.

The CCTV (Closed-Circuit Television) market encompasses the production and distribution of video surveillance cameras and related equipment. It serves a wide range of industries and sectors, including residential, commercial, industrial, and public spaces, aiming to enhance security and monitoring capabilities. The market has been driven by advancements in camera technology, increased demand for safety measures, and growing concerns about security threats.

Segment Analysis

The global CCTV market has been segmented based on Camera Type, Technology, End User .

On the basis of Camera Type, the market is segmented into Analogue Camera and Internet Protocol (IP) Camera. An increasingly popular and common sort of CCTV technology is Internet Protocol (IP) cameras. These cameras broadcast audio and video across an IP network, such as the internet or a local area network (LAN), using digital technology.

Based on Technology, the global CCTV market has been segmented into CMOS Technology and CCD Technology. In the CCTV market as a whole, the CMOS Technology category had the top spot in 2021, and it is anticipated that it will hold that position throughout the projected period. CCTV cameras often use image sensors with CMOS technology.

Based on End User, the global CCTV market has been segmented into Educational Centers, Hospitals, Hotels, Real Estates, Religious Places, Government, Retail, IT Sector, and Transport Sector. Churches, temples, and mosques are just a few examples of the many religious institutions that make up the CCTV industry. To maintain the safety and security of both the guests and the property, these locations frequently have a large number of visitors, necessitating surveillance. CCTV cameras can serve as a deterrent to crime and a source of proof in the event of an incident.

Regional Analysis

The global CCTV market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe CCTV market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The CCTV market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World CCTV market comprises of Middle East, Africa, and Latin America.

The North America CCTV Market dominated this market in 2022 North America North America is driven by a growing demand for office safety and secure working premises. In the wake of increased security concerns and the need for remote monitoring, businesses have been investing in advanced CCTV cameras to enhance their security systems. Europe accounts for the second-largest CCTV industry globally. The increasing uptake of surveillance solutions in government establishments and public protection policies in Europe is driven by the need for enhanced security and public safety. Governments in Europe have been investing in advanced surveillance technologies such as CCTV cameras, facial recognition systems, and license plate recognition systems to improve their ability to detect and prevent crime and terrorist activities.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of CCTV Market Research Report

Key Findings of the Study

• The global CCTV market is expected to reach USD 58 billion by 2032, at a CAGR of 13.50% during the forecast period.


• The North America CCTV Market dominated this market in 2022 North America North America is driven by a growing demand for office safety and secure working premises.


• Based on Technology, In the CCTV market as a whole, the CMOS Technology category had the top spot in 2021, and it is anticipated that it will hold that position throughout the projected period.


• Hikvision Digital Technology, Honeywell Security, Bosch Security System, Safran Security, Dahua Technology, AssaAbloy, Tyco Security Products, Flir Systems, Samsung, Axis Communications, Panasonic Corporation, Sony electronics, ADT LLC, Guardian Protection Services, and Mobotix AG.