Global CCTV Market 2016 to 2020 Industry, Size, Share, Growth Prospects, Key Opportunities, Trends and Forecasts
Market Synopsis
Global CCTV Market is likely to be valued around $ 19 billion in 2015. This market is expected to grow at a CAGR of approximately 20 %. There is a precipitous rise in the demand of CCTVs across the globe due to growing focus of governments towards public safety and city surveillance. Furthermore, the CCTV market is shifting from unorganized sector to organized which is another factor fueling the growth of the market. Citing the demand and potential of CCTV market, various venturing capitalist firms are also investing in this market and aiding companies to develop new and advanced products.
Video Content Analysis( VCA) is one of the major trends observed in this industry. There is a clear trend to embed intelligence in the CCTVs for automatically analyzing video to detect and determine temporal and spatial events.
Request a Sample Report @ https:// www. marketresearchfuture. com / sample _ request / 677 Key Players of CCTV Market:
� Bosch Security System, � Axis Communications, � Honeywell Security, � Hikvision Digital Technology, � Safran Security, � Dahua Technology, � AssaAbloy,
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Segmentations
CCTV market is segmented on the basis of types of CCTVs. Analogue, HD analogue, and internet protocol cameras are the major types of CCTVs. The IP cameras market is further sub divided into wired IP cameras, and wireless IP cameras. The IP camera market is poised to witness the highest CAGR in the CCTV market by type due to technological advancements.
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