South Africa CCTV Market (2020-2026) | Outlook, Growth, Trends, Industry, Value, Revenue, Size, Analysis, Share, Segmentation & COVID-19 IMPACT

South Africa CCTV Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Japan. It has registered a growth of 52.42% over the previous year. While Japan registered a growth of 4.51% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, South Africa has a Herfindahl index of 2543 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  3696 which signifies high concentration in the market.

South Africa CCTV Market - Export Market Opportunities

Latest (2023) Development of the South Africa CCTV Market

South Africa CCTV Market is significantly growing due to the incorporation of artificial intelligence (AI) and facial recognition technology. Unusual behavior or potential threats can be automatically detected due to the integration of surveillance systems with AI. Facial recognition system is another emerging trend in the market. This technology helps in identifying individuals who are a threat to the public. There is a major shift towards IP-Based cameras. These cameras offer higher-resolution images than analog cameras. The Ip based cameras provide image clarity even in low and dim lights and it helps in easy identification of the criminals. The cloud–based storage solutions are becoming immensely popular as they can store high amounts of footage and with the use of internet connections, this footage can be accessed from any location. There is also increasing adoption of environmentally friendly CCTV installations. The companies are using solar-powered cameras and motion-activated lighting systems to reduce power usage.

Topics Covered In South Africa CCTV Market Report

South Africa CCTV Market report thoroughly covers the market by product types, by technology, by applications, by surveillance components. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Africa CCTV Market Synopsis

South Africa CCTV Market is likely to grow in the forecast period. The CCTV market in South Africa is one of the most promising and rapidly growing markets. Due to rising concerns over security and surveillance, there is a significant increase in the adoption of CCTV.  The Key drivers for the growth are the installation of CCTV cameras in public places due to government regulations. The demand for CCTV cameras is fuelling due to increasing acts of crime and terrorism.

According to 6Wresearch, South Africa CCTV Market size is anticipated to grow during 2020-2026. There is advancement in CCTV technology. There are new versions of CCTV which are available in the market and it offers better performance than their predecessors. Commercial and government organizations are demanding CCTV products. The government is promoting the use of CCTV systems on account of rising concern over security issues. There is a rising number of crime and vandalism and due to this effective security solution is needed to identify criminals and protection of people and property. There are some factors that are restraining the growth of the market. There is a lack of standardization in the South Africa CCTV Industry. There is a lack of knowledge about the existence of technologies in the market. There are numerous producers offering a wide range of products and solutions, which makes it hard for the end users to make a valid decision.

COVID-19 Impact on South Africa CCTV Market

The outbreak of the COVID-19 pandemic brought unprecedented changes in all sectors.  Due to lockdowns and restrictions on movement, there was rising demand for CCTV Systems to observe compliance, enforce social distancing norms, and track cases. There was also a financial impact of the pandemic as many businesses reduced their budgets and downgraded their security instrument. There was an increase in crime rates and residents were investing heavily in security solutions. There was a shift towards residential installations of CCTV Systems and it led to an increase in South Africa CCTV Market Share.

South Africa CCTV Market: Key players

The major key players in the market are:-

• Hikvision
• Dahua Technology
• Axis Communications
• Bosch Security Systems
• Avigilon
• FLIR Systems
• Honeywell International
• Pelco
• Zhejiang Uniview Technologies
• CP Plus.

Market By Product Types

On the basis of Product types, the CCTV Market In South Africa is segmented into Conventional, Discreet, Dome, and Bullet CCTV Cameras. Dome CCTV will dominate the market due to its discreet design and use in offices and retail stores

Market By Technology

On the basis of technology, the market is divided into Analog CCTV Systems, Wireless CCTV Systems, IP-Based CCTV Systems, and Hybrid CCTV Systems. IP-Based CCTV Systems will dominate the market as they provide high-resolution images and it will lead to an increase in South Africa CCTV Market Growth.

Market By Applications

On the basis of applications, the market is segmented into FSI, Healthcare, Transportation, Education, Business, and Retail. The business and retail segment will dominate the market due to the increasing need for surveillance in these sectors.

Market By Surveillance Components

According to Dhaval, Research Manager, 6Wresearch, on the basis of surveillance components, the market is segmented into CCTV cameras, Video Surveillance Storage Mechanisms, Video Surveillance Software, and Analytics. CCTV Camera will dominate the market as it is the basic component of any CCTY system.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Africa CCTV Market Outlook
• Market Size of South Africa CCTV Market, 2019
• Forecast of South Africa CCTV Market, 2026
• Historical Data and Forecast of South Africa CCTV Revenues & Volume for the Period 2016 - 2026
• South Africa CCTV Market Trend Evolution
• South Africa CCTV Market Drivers and Challenges
• South Africa CCTV Price Trends
• South Africa CCTV Porter's Five Forces
• South Africa CCTV Industry Life Cycle
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Product Types for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Conventional for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Discreet for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Dome for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Bullet CCTV Cameras for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Technology for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Analog CCTV Systems for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Wireless CCTV Systems for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By IP-based CCTV Systems for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Hybrid CCTV Systems for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By BFSI for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Healthcare for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Transportation for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Education for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Business for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Retail for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Surveillance Components for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By CCTV Camera for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Video Surveillance Storage Mechanisms for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Video Surveillance Software for the Period 2016 - 2026
• Historical Data and Forecast of South Africa CCTV Market Revenues & Volume By Analytics for the Period 2016 - 2026
• South Africa CCTV Import Export Trade Statistics
• Market Opportunity Assessment By Product Types
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Surveillance Components
• South Africa CCTV Top Companies Market Share
• South Africa CCTV Competitive Benchmarking By Technical and Operational Parameters
• South Africa CCTV Company Profiles
• South Africa CCTV Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Types

• Conventional
• Discreet
• Dome
• Bullet CCTV Cameras

By Technology

• Analog CCTV Systems
• Wireless CCTV Systems
• IP-Based CCTV Systems
• Hybrid CCTV Systems

By Applications

• BFSI
• Healthcare
• Transportation
• Education
• Business
• Retail

By Surveillance Components

• CCTV Camera
• Video Surveillance Storage Mechanisms
• Video Surveillance Software
• Analytics