The CCTV cameras are used for surveillance purpose. It is used for the protection of people, assets and systems. The CCTV cameras are used to support the security systems and also provide the video coverage of security alarms for barriers, intrusion detection and access control. A CCTV system provides the direct linkage of camera with monitor. The various components associated with CCTV cameras includes cameras, lenses and power. The growing advancement in CCTV technologies has led to component miniaturization and automated imaging analysis.
The global CCTV cameras market is witnessing significant growth on the account of increasing security threat. This is anticipated to be major reason for the expansion of the CCTV cameras market during the forecast period.CCTV cameras market is anticipated to record a CAGR of 13% over the forecast period. The CCTV cameras market is expected to attain a total market size of USD 27 billion by 2027.
MARKET SIZE & FORECAST