CCTV Camera Market Size to see 11.6% Growth Through 2029
The global CCTV camera market is projected to experience steady revenue growth, increasing from US$ 18.66 billion in 2024 to US$ 70.14 billion by 2035, representing a compound annual growth rate (CAGR) of 11.6%.
The report titled “Global CCTV Camera Market” is segmented by: By Pixel Resolution (Less than 1.0 MP, 1.1-3.0 MP, 3.1-5 MP, and More than 5 MP), By Direction Type (Omnidirectional and Unidirectional), By Use Type (Indoor and Outdoor), By Type (Infrared, Box, Dome, PTZ, Bullet, and Others), By System Type (Analog Based and IP Based), By Application (Infrastructure, Border Security, Commercial, Residential, Industrial, Institutional, and Others), By Sales Channel (Dealers, Retailers, Direct Sales, and Online Sale), and Region, Market Forecast, 2025-2035 gives a detailed insight into current market dynamics and provides analysis on future market growth.
The CCTV camera market is witnessing robust growth with escalating security requirements in residential, commercial, and public areas worldwide. Rising crime rates & the need for enhanced surveillance in public places, companies, and homes are fuelling demand for advanced CCTV systems. In addition, the integration of advanced technologies such as AI, ML, face recognition, and cloud storage has enabled traditional CCTV cameras to evolve into intelligent surveillance systems that offer real-time monitoring, improved accuracy, and remote viewing. The CCTV camera market opportunities are increasing with the expanding trend of smart cities and infrastructure development. Government policy measures to enhance security in urban areas have generated enormous demand for mass installations of CCTV cameras. The increasing trend in Internet of Things (IoT)-based devices also presents new opportunities for multi-device security solutions that integrate CCTV with other intelligent devices such as access control & alarm systems. Additionally, the growing trend towards wireless and IP-based CCTV cameras replacing the traditional analog cameras offers scope for innovation and market growth.
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Key Highlights of the Reports
• Based on pixel resolution, the 3.1 - 5 MP is the most dominant segment in the global CCTV camera market. 3.1 - 5 MP is the best balance between image clarity, storage needs, and affordability.
• By use type, the outdoor is the largest and fastest growing segment in the CCTV camera market. Outdoor cameras are crucial for external perimeter security, public area observation, and monitoring of industrial and commercial buildings.
• By type, the dome is the largest type segment in the CCTV Camera market. Dome cameras dominated the market in 2024 with 42.5% share, as they are discreet in design, vandal-resistant in construction, and have a wide angle of view, hence being extremely adaptable to a wide variety of indoor as well as outdoor installations.
• Based on system type, IP-based segment is growing at the fastest rate, led by constant technological developments, such as the widespread use of AI & IoT, which are inherently associated with IP networks.
• Based on application, the commercial segment is the largest in the CCTV camera market. Commercial segment includes retail businesses, offices, banking and finance infrastructures and hospitality spaces.
• By sales channel, the online sale is the most rapidly growing segment in the CCTV Camera market, driven by the growing consumer affinity for e-commerce, affordability, and ease of operation.
Regional Insights
The Asia-Pacific held the largest share of the CCTV camera market in 2024 at around 37.8% and is anticipated to expand with a CAGR of 13.3% during the forecast period. This expansion is led by urbanization at a high rate, massive government investments in smart city initiatives, and huge expenditures on security infrastructure from the public as well as private sectors, especially in India and China. The high population density of the region, coupled with increasing crime rates, encourages the spread of surveillance adoption. China, being one of the largest production bases for CCTV cameras, is instrumental in keeping these systems cost-effective & widely available. North America is anticipated to witness the highest growth rate, with a CAGR of 12.5% during the forecast period. The market growth is the rising adoption of sophisticated IP-based and AI-enabled surveillance technologies, the demand for smart home security systems, and large-scale investments in the installation of new security infrastructure in commercial and public sectors.
Key players in the global CCTV camera market include Samsung, Sanyo, Honeywell, FLIR Systems, Sony, Avtech, Zicom, Panasonic, LG Electronics, Schneider Electric, Hikvision Digital Technology, Bosch Security Systems, Safran Security, Dahua Technology, Assa Abloy, Tyco Security Products, Axis Communications, ADT LLC, Guardian Protection Services, Mobotix AG, and Geovision Inc.
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