Demand Of Security Cameras In 2022

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Demand Of Security Cameras In 2022

The global video surveillance market revenues are set to reach $24 bn by the end of 2021 according to Omdia’s latest Video Surveillance and Analytics Intelligence Database.

CCTV cameras are gaining popularity these days due to increasing thefts, workplace aggression, school violence, etc. Best CCTV Services In Pakistan various innovations including the latest Sony Starvis technology or the products with features like facial recognition are also propelling the growth of CCTV cameras. IP-based CCTV system meant for the purpose of security can be used for Business Intelligence (BI) especially in retail and other sectors.

This marks a quick recovery for the video surveillance market as demand that was suppressed in 2020 will return and revenues will be bolstered by projects that were postponed in 2020 due to COVID getting the greenlight in 2021. Omdia forecasts that total video surveillance market revenues will grow to $31.9bn by 2025 with a total CAGR of 7.1% between 2020-2025.  

In their latest research study “Global CCTV Market Forecast 2022”, analysts identify that the market for global CCTV is expected to grow at a CAGR of around 11% during 2018-2022. Also as per the research’s findings, IP CCTV cameras are revolutionizing security measures, and technology has evolved to allow for a more diverse security monitoring system through high resolution, larger digital storage options and compatibility for integrated analytical software’s, etc. Due to this capability, IP CCTV dominates the global CCTV market, as many of the organizations are updating or installing new IP-based surveillance systems.

The demand of IP-based CCTV has been increasing as it allows video to be transferred over an IP infrastructure, making it accessible from anywhere in the world. People are using IP-based systems over traditional analog systems because of greater flexibility, high resolution, superior value, etc. The Global IP surveillance market is anticipated to grow at a CAGR of around 16% for the forecasted period 2016-2022 to reach around US$ 30 Billion by the end of 2022.

The CCTV market is gaining huge popularity across the world due to rising concerns for security and safety. This has resulted into an increased demand for technically advanced surveillance system, thereby, creating huge growth opportunities for CCTV manufacturers. Best CCTV Services in addition, decreasing prices and advanced features are adding growth to the CCTV market, making it affordable for even smaller firms to embrace the CCTV technology.

The CCTV market is gaining huge popularity across the world due to rising concerns for security and safety. This has resulted into an increased demand for technically advanced surveillance system, thereby, creating huge growth opportunities for CCTV manufacturers. In addition, decreasing prices and advanced features are adding growth to the CCTV market, making it affordable for even smaller firms to embrace the CCTV technology.

On the technical front, IP Storage Area Network (IP SAN) is gaining momentum over digital and network video recorders (DVR/NVR) for storage, as it offers improved scalability, storage capacity, and retention. We observed that the threat of terrorism and an increase in crime rate have also fueled the evolution of video analytics.

Also, with a view to understanding the competitive landscape, the profiles of key market players with business overview, key financials and recent developments have been included in the report to present a complete picture of the global CCTV market.

The report also offers a geographical picture of the CCTV market in five regions viz. North America, Europe, Asia, Latin America and Middle East. Additionally, through country level analysis, the report portrays the CCTV market in major countries like US, Canada, UK, China, India, etc., which includes study of market size, player’s level analysis, government initiatives and recent developments.

To provide a clear picture, the CCTV market has been divided into three segments viz. by technology, components and services. By technology, the market is divided into Analog-based CCTV system, IP-based CCTV system, and wireless-based CCTV system; while by components, the market is divided into network camera, video analytics, video servers and video management software. The report also analyzes the video surveillance industry by its application in major sectors like retail, healthcare, education, transport and banking.

The CCTV market is gaining huge popularity across the world due to rising concerns for security.


This has resulted into an increased demand for technically advanced surveillance system, thereby, creating huge growth opportunities for CCTV manufacturers. In addition, decreasing prices and advanced features are adding growth to the CCTV market, making it affordable for even smaller firms to embrace the CCTV technology.

On the technical front, IP Storage Area Network (IP SAN) is gaining momentum over digital and network video recorders (DVR/NVR) for storage, Best CCTV Services In Pakistan offers improved scalability, storage capacity, and retention. We observed that the threat of terrorism and an increase in crime rate have also fueled the evolution of video analytics.

In their latest research study “Global CCTV Market Forecast 2022”, RNCOS analysts identify that the market for global CCTV is expected to grow at a CAGR of around 11% during 2018-2022. Also as per the research’s findings, IP CCTV cameras are revolutionizing security measures, and technology has evolved to allow for a more diverse security monitoring system through high resolution, larger digital storage options and compatibility for integrated analytical software’s, etc. Due to this capability, IP CCTV dominates the global CCTV market, as many of the organizations are updating or installing new IP-based surveillance systems.

Also, with a view to understanding the competitive landscape, the profiles of key market players with business overview, key financials and recent developments have been included in the report to present a complete picture of the global CCTV market.

The report also offers a geographical picture of the CCTV market in five regions viz. North America, Europe, Asia, Latin America and Middle East. Additionally, through country level analysis, the report portrays the CCTV market in major countries like US, Canada, UK, China, India, etc., which includes study of market size, player’s level analysis, government initiatives and recent developments.

To provide a clear picture, the CCTV market has been divided into three segments viz. by technology, components and services. By technology, the market is divided into Analog-based CCTV system, IP-based CCTV system, and wireless-based CCTV system; while by components, the market is divided into network camera, video analytics, video servers and video management software. The report also analyzes the video surveillance industry by its application in major sectors like retail, healthcare, education, transport and banking.

Courtesy: Best CCTV Services In Pakistan.

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