CCTV Surveillance Cameras Market set to Record 15.7% Yearly Growth Rate by 2025
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The global CCTV Surveillance Cameras Market is expected to reach a market value of over US$ 29,800 Mn by the end of 2025, growing at a CAGR of 15.7% during the forecast period, a recent market research report has been able to suggest.
The “CCTV Camera Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025” research report from Persistence Market Research points out that the increasing security concerns among people have increased the use of CCTV cameras worldwide.
Furthermore, the report suggests that companies in the global market are focusing on reaching untapped and rural areas to increase the scope of application for CCTV cameras. This expansion will help companies improve their customer base. The rural markets in developing regions have huge growth potential.
In order to target these markets, manufacturers can lower the prices of CCTV cameras, as these are price sensitive markets. There are also increasing safety concerns in various regions. Manufacturers are now focusing on advancing the technologies used in CCTV cameras so as to attract more customers. Among other trends the global CCTV camera market is expected to witness a rise in the usage of IP address based cameras.
Based on region, Asia Pacific is way ahead of all other regional markets in terms of market size and growth rate. The APAC CCTV camera market is expected to reach a market value of over US$ 11,800 Mn by the end of 2025, growing at a CAGR of 17.1%. North America takes the second position among the regions and is expected to be an attractive regional market during the forecast period.
Based on camera type, dome camera is expected to a highly lucrative segment with an expected market size of over US$ 10,500 Mn by the end of 2025, growing at an exponential CAGR of 17.1% during the forecast period. Bullet camera is also expected to be an attractive segment in the global CCTV camera market.
Based on Technology, the IP/Network camera segment dominates the market with the highest growth rate whereas, analog camera exhibits the highest market size during the forecast period.
Based on end user, the residential segment dominates the market with the highest growth rate. However, the commercial segment has the highest market size during the forecast period.
CCTV SURVEILLANCE – TOP UK SUPPLIER AND INSTALLATION CONTRACTOR OF DIGITAL CCTV SYSTEMS
One of the key elements enabling Stoke-on-Trent City Council to reduce security costs was remote monitoring.
At CCTV Surveillance, we can offer you this service. We have seen it save countless customers money just like the council due to less staff being needed on patrol and lower insurance costs.
The CCTV Surveillance monitoring centre is staffed 24/7 all year round by highly trained operators, all of whom share a passion for security. They can take immediate action on the video footage that they are alerted to, either by using the intercom link to warn away offenders or calling the police and specified keyholders.
Our top-range systems use the latest digital technology to provide real time viewing and control of cameras via a broadband connection. For further security and information gathering we can provide you with facial recognition CCTV software (including a revolutionary rapid deployment kit) and automatic number-plate recognition.
We provide several other security services as well as remote monitoring, such as our System Takeover, where we can take on the time and responsibility of running and maintaining your existing security system for you. All of our CCTV systems can also integrate with our access control systems. For example, this could allow the automatic opening or barring of doors if a certain person is picked up on the cameras.
If you are worried about the security of your premises, we can perform an in-depth assessment with a full spectrum penetration test which replicates real-life threats – everything from social engineering to lock picking and getting past alarms. We can also provide a smaller physical penetration-only test.
If you want to reduce security costs today, please contact us on firstname.lastname@example.org or ring 01480 223955.