Closed-Circuit Television (CCTV) Market

By Product Type;

Dome Cameras, Bullet Cameras, PTZ Cameras and Box Cameras

By Components;

Camera, Lens, Storage Device and Monitor

By Technology;

Analog, IP Camera, HD-TVI and HDCVI

By Application;

Residential, Commercial, Industrial, Government and Transportation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn009943645 Published Date: August, 2025 Updated Date: September, 2025

Closed-Circuit Television (CCTV) Market Overview

Closed-Circuit Television (CCTV) Market (USD Million)

Closed-Circuit Television (CCTV) Market was valued at USD 1,735.35 million in the year 2024. The size of this market is expected to increase to USD 3,741.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.


Closed-Circuit Television (CCTV) Market

*Market size in USD million

CAGR 11.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.6 %
Market Size (2024)USD 1,735.35 Million
Market Size (2031)USD 3,741.43 Million
Market ConcentrationLow
Report Pages304
1,735.35
2024
3,741.43
2031

Major Players

  • Hikvision Digital Technology
  • Honeywell Securit
  • Bosch Security System
  • Safran Security
  • Dahua Technology
  • AssaAbloy
  • Tyco Security Products

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Closed-Circuit Television (CCTV) Market

Fragmented - Highly competitive market without dominant players


The Closed-Circuit Television (CCTV) Market is experiencing steady growth as organizations and households prioritize security. Nearly 59% of businesses deploy CCTV networks to enhance protection, while about 46% of homes use these systems for real-time monitoring and crime prevention.

Strengthening Security and Safety
CCTV has become essential for both public and private safety measures. Around 54% of infrastructure projects integrate CCTV solutions into their security plans, and nearly 42% of enterprises adopt them for access control, surveillance, and incident tracking. This highlights their importance in comprehensive safety strategies.

Innovation Transforming Surveillance
Technological advancements are fueling industry progress, with over 45% of recent CCTV setups featuring AI-driven tools such as facial recognition and motion analytics. Approximately 38% of companies are shifting toward cloud-based storage and remote viewing, making surveillance systems more responsive and data-driven.

Applications Across Diverse Sectors
CCTV is also being widely adopted outside traditional security applications. More than 52% of retail stores use cameras to track consumer activity and reduce losses, while 44% of transportation facilities depend on surveillance to ensure passenger safety and streamline traffic operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Components
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Closed-Circuit Television (CCTV) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Surveillance mandates in certain sectors
        2. Expansion of transportation sector
        3. Crime prevention awareness
        4. Wireless and mobile surveillance solutions
      2. Restraints
        1. Technology resistance in some regions
        2. Low-light and weather limitations
        3. Video quality and storage issues
      3. Opportunities
        1. Smart home integration
        2. Cloud-based storage enhancement
        3. Big data analytics utilization
        4. Surveillance-as-a-service models
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Closed-Circuit Television (CCTV) Market, By Product Type, 2021 - 2031 (USD Million)
      1. Dome Cameras
      2. Bullet Cameras
      3. PTZ Cameras
      4. Box Cameras
    2. Closed-Circuit Television (CCTV) Market, By Components, 2021 - 2031 (USD Million)
      1. Camera
      2. Lens
      3. Storage Device
      4. Monitor
    3. Closed-Circuit Television (CCTV) Market, By Technology, 2021 - 2031 (USD Million)

      1. Analog
      2. IP Camera
      3. HD-TVI
      4. HDCVI
    4. Closed-Circuit Television (CCTV) Market, By Application, 2021 - 2031 (USD Million

      1. Residential
      2. Commercial
      3. Industrial
      4. Government
      5. Transportation
    5. Closed-Circuit Television (CCTV) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Hikvision Digital Technology
      2. Honeywell Securit
      3. Bosch Security System
      4. Safran Security
      5. Dahua Technology
      6. AssaAbloy
      7. Tyco Security Products
  7. Analyst Views
  8. Future Outlook of the Market