CCTV Market Report 2025

The CCTV market size has grown rapidly in recent years. It will grow from $17.85 billion in 2024 to $20.32 billion in 2025 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to security concerns, corporate and industrial security, public safety and urban surveillance, retail loss prevention, traffic monitoring and management.

The CCTV market size is expected to see rapid growth in the next few years. It will grow to $33.71 billion in 2029 at a compound annual growth rate (CAGR) of 13.5%. The growth in the forecast period can be attributed to smart city initiatives, integration with IoT and analytics, increasing adoption in residential security, health and safety compliance, remote monitoring and cloud services. Major trends in the forecast period include integration with IoT devices, cybersecurity measures, mobile and remote monitoring, privacy-enhancing features, integration with access control systems.

The rising demand for security systems is anticipated to drive the expansion of the CCTV market in the future. Security systems are designed to safeguard individuals and property from various threats, including crime, theft, accidents, espionage, sabotage, subversion, and attacks. The primary goal of system security is to protect data and assets from loss, tampering, and other forms of damage while ensuring their accessibility and usability. As a result, the growing demand for security systems is playing a significant role in the development of the CCTV market. For example, a report from the International Trade Administration, a U.S. federal agency, indicated that the UK's security and resilience market is valued at approximately $29 billion and is currently on the rise. Thus, the increasing need for security systems is fueling the growth of the CCTV market.

The anticipated rise in cybersecurity threats is expected to boost the growth of the CCTV market in the future. Cybersecurity threats involve harmful attempts to compromise the confidentiality, integrity, or availability of information systems, networks, and data. The increase in these threats can be attributed to various factors, such as the ongoing digital transformation, the surge in remote work, and the growing sophistication of attack techniques. CCTV systems play a crucial role in enhancing the security of physical locations by reducing the risk of unauthorized access to vital infrastructure and data centers, which is vital for overall cybersecurity. For example, a report from the Australian Cyber Security Centre, an agency based in Australia, revealed that there were 76,000 reports of cybercrime in 2022, marking a 13% rise from the previous year. Thus, the escalation of cybersecurity threats is driving the growth of the CCTV market.

Technological advancements play a pivotal role in the evolution of the CCTV market. Companies within this sector are leveraging new technologies to maintain their market position. For instance, Lorex Technology Inc., a Canadian security company, introduced a 4k Wi-Fi Security Camera with Smart Security Lighting technology. This camera's innovative features allow users to customize LED signals based on specific camera settings and motion events, enhancing security while minimizing false alarms through AI-driven Smart Motion Detection Plus.

Major players in the CCTV market are actively innovating with AI-based surveillance cameras to gain a competitive edge. These cameras, equipped with artificial intelligence, perform advanced functions such as human detection, facial recognition, and object tracking. South Korea-based Idis introduced a new line of edge AI surveillance cameras with features such as the Idis Deep Learning Engine, offering superior edge processing capabilities. These cameras enable faster investigations, smart failover options, and seamless integration with Idis network recorders, promising cost-effective surveillance solutions.

In May 2022, Motorola Solutions acquired Videotec S.p.A., an Italian manufacturer of CCTV products. This strategic move aims to diversify Motorola Solutions' portfolio, particularly in the fixed video camera segment, solidifying its position in the video security systems market. This acquisition strengthens the company's offerings in professional video surveillance, including analog and IP PTZ cameras, indoor and outdoor surveillance systems, and related accessories.

Major companies operating in the CCTV market include Hangzhou Hikvision Digital Technology Co. Ltd., Bosch Security and Safety Systems Inc., Honeywell Commercial Security, Panasonic i-PRO Sensing Solutions, Dahua Technologies Co. Ltd., Samsung Electronics Co. Ltd., Zhejiang Dahua Technology Co. Ltd., Avigilon, Motorola Solutions Inc., Huawei Technologies Co. Ltd., Sony Corporation, Cisco Systems Inc, Axis Communications AB, CP Plus, Hanwha Vision, Pelco Inc., Vivotek Inc., FLIR Systems Inc., Canon Inc., Tiandy Technologies Co. Ltd., Dallmeier electronic GmbH & Co. KG, Genetec Inc., IDIS Co. Ltd., Mobotix AG, Arecont Vision Costar LLC, Lorex Technology Inc., Vicon Industries Inc., March Networks Corporation, Raytec Ltd., Merit LILIN Ent. Co. Ltd.

North America was the largest region in the CCTV market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global CCTV market report during the forecast period. The regions covered in the cctv market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cctv market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

CCTV (closed-circuit television) constitutes a television system where signals aren't publicly broadcast but are monitored, primarily used for surveillance and security purposes, aiding in crime prevention and detection. These systems are strategically placed in public areas to capture relevant footage and provide evidence when necessary.

The key components of CCTV encompass hardware, software, and associated services. Hardware refers to the internal and external components enabling a computer to execute crucial operations such as input, output, storage, communication, and processing. CCTV technology comprises CMOS and CCD technologies, employing camera types such as analog and IP cameras, distributed through online and offline sales channels. The end-users of CCTV systems vary across sectors, including educational institutions, hospitals, hotels, real estate, religious establishments, government entities, retail businesses, the IT sector, and transportation services. These entities utilize CCTV for diverse security and surveillance needs within their respective domains.

The CCTV market research report is one of a series of new reports that provides CCTV market statistics, including CCTV industry global market size, regional shares, competitors with a CCTV market share, detailed CCTV market segments, market trends, and opportunities, and any further data you may need to thrive in the CCTV industry. This CCTV market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The CCTV market consists of revenues earned by entities by providing services such as alarm monitoring services, location surveillance, monitoring traffic, boarder surveillance. The market value includes the value of related goods sold by the service provider or included within the service offering. The CCTV market also includes sales of monitors, video cassette recorders, cameras, lenses, mountings, coverings, power cables, switches, and synchronizers which are used in providing CCTV related services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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