CCTV Camera Market was worth US$ 17.07 Bn in 2023 and total revenue is expected to grow at a rate of 11.4 % CAGR from 2024 to 2030, reaching almost US$ 36.35 Bn in 2030.
CCTV Camera Market Overview:
CCTV is also called as video surveillance system market. The market of CCTV growing rapidly as growing infrastructural development, increasing terrorist activity. Security concern increases. Companies focusing on manufacturing of variety of cameras network using IOT technologies. These camers are hug in demand in industry. Video camera is used in CCTV for recording purpose and store data. The application of CCTV cameras is vast such as recording evidences, monitor all the activities and reduces the crime rate. Latest technologies offers CCTV camera which contains monitor detector camera and IP camera, which contain advanced features like record video along with the audio.