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Sep 30, 2020 (AmericaNewsHour) —
The market can be segmented on the basis of model, technology and application. On the basis of model, it is sub-segmented into box, PTZ, bullet and dome. On the basis of technology, it is sub-segmented into wireless, analog, hybrid and IP-based. On the basis of application, it is sub-segmented into hospitality, retail, commercial infrastructure, BFSI, government and home security.
CCTV cameras market is anticipated to record a CAGR of 13% over the forecast period. The CCTV cameras market is expected to showcase a vibrant growth by the end of the forecast period. The market is expected to attain a total market size of USD 27 billion by 2027. The growth in market can be attributed to increasing application of CCTV cameras in rapidly expanding industrial and commercial sectors across the globe. Additionally,