Market Forecast 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) And Competitive Landscape
Product Code: ETC013618 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Turkey Cctv market currently, in 2023, has witnessed an HHI of 2553, Which has increased slightly as compared to the HHI of 2149 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In the year 2021, China was the largest exporter in terms of value, followed by Viet Nam. It has registered a growth of 57.82% over the previous year. While Viet Nam registered a growth of 825.22% as compared to the previous year. In the year 2017, China was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Turkey has a Herfindahl index of 2149 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index ofย 2860 which signifies a high concentration in the market.
Turkey CCTV Market report thoroughly covers the market by product types, by technology, by applications, and 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.
Turkey CCTV Market is fuelling at a higher growth rate in country on account of some latest trends & opportunities including, with technological advancements and innovative solutions are being performed to develop upgraded systems to improve security measures. Furthermore, the rising integration of Artificial Intelligence into surveillance cameras increases video analytics capabilities, allowing CCTVs to suspect suspicious activities and behaviors. Additionally, cloud-based CCTV systems have been gaining popularity in the country due to their features such as remote access and greater flexibility, also this technology convenient to use and cost-effective is an opportunity driving the growth of the Turkey CCTV Industry.
Turkey CCTV Market is projected to gain traction in the country underpinned by the Rising adoption of surveillance systems across various end users including retail, transportation, BFSI, and hospitality with growing security concerns. On the other hand, the high cost of advanced CCTV integrated with advanced features can be a major threat to market growth. However, the rising security threats at a massive rate are leading to burgeoning the demand for CCTVs in the country.
According to 6Wresearch, the Turkey CCTV Market size is projected to gain momentum during 2020-2026. The market has been accelerating underpinned by the technology advancements in CCTVs for efficient security. Additionally, the increasing shift towards IP-based CCTVs backed by their flexibility and scalability in comparison with traditional analog cameras is estimated to surge the market in the estimated years in the country. Furthermore, many companies have been investing in the research & development of the CCTVs to improve security measures, this is another factor anticipated to widen the market landscape. Also, machine learning integration are being performed into surveillance cameras for better security measures is likely to fuel the Turkey CCTV Market growth in the country.
The COVID-19 pandemic had affected the Turkey CCTV Market. Installation of CCTVs declined at a massive rate due to the pandemic lockdown caused at times of COVID-19 phase with the closure of all businesses. Also, the disrupted product supply chain and the slowdown of economic conditions led to reducing the purchasing power of the population, this affected the purchase of CCTVs and had further led to hampering the market growth adversely.
Certain key players in the market have gained popularity and are shaping the market by offering a range of CCTVs products and services including:
According to Shivankar, Research Manager, 6Wresearch, each product type is growing on account of various factors such as technological advancements and cost-effectiveness. All types including, Conventional, Discreet, Dome, and Bullet CCTV Cameras are holding the largest Turkey CCTV Market share in the country.
Based on the technology, Analog CCTV cameras have been used traditionally in the country due to their reliable performance, nevertheless, IP-based CCTVs are also gaining popularity at a massive rate owing to the rising shift from analog to IP-based CCTVs due to great flexibility and scalability.
Based on the applications, the BFSI sector is estimated to dominate in the country underpinned by the rising security measures demand to detect theft, and unauthorized activities, and to protect other financial institutions.
Based on the surveillance components, it is difficult to determine which is dominating the market as all the components include, CTV Camera, Video Surveillance Storage Mechanisms, and Video Surveillance Software have their unique features and are used differently to serve different security purposes.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey CCTV Market Overview |
3.1 Turkey CCTV Market Revenues & Volume, 2016 - 2026F |
3.2 Turkey CCTV Market - Industry Life Cycle |
3.3 Turkey CCTV Market - Porter's Five Forces |
3.4 Turkey CCTV Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.5 Turkey CCTV Market Revenues & Volume Share, By Technology, 2019 & 2026F |
3.6 Turkey CCTV Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.7 Turkey CCTV Market Revenues & Volume Share, By Surveillance Components, 2019 & 2026F |
4 Turkey CCTV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey CCTV Market Trends |
6 Turkey CCTV Market Segmentation |
6.1 Turkey CCTV Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Turkey CCTV Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Turkey CCTV Market Revenues & Volume, By Conventional, 2016 - 2026F |
6.1.4 Turkey CCTV Market Revenues & Volume, By Discreet, 2016 - 2026F |
6.1.5 Turkey CCTV Market Revenues & Volume, By Dome, 2016 - 2026F |
6.1.6 Turkey CCTV Market Revenues & Volume, By Bullet CCTV Cameras, 2016 - 2026F |
6.2 Turkey CCTV Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Turkey CCTV Market Revenues & Volume, By Analog CCTV Systems, 2016 - 2026F |
6.2.3 Turkey CCTV Market Revenues & Volume, By Wireless CCTV Systems, 2016 - 2026F |
6.2.4 Turkey CCTV Market Revenues & Volume, By IP-based CCTV Systems, 2016 - 2026F |
6.2.5 Turkey CCTV Market Revenues & Volume, By Hybrid CCTV Systems, 2016 - 2026F |
6.3 Turkey CCTV Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Turkey CCTV Market Revenues & Volume, By BFSI, 2016 - 2026F |
6.3.3 Turkey CCTV Market Revenues & Volume, By Healthcare, 2016 - 2026F |
6.3.4 Turkey CCTV Market Revenues & Volume, By Transportation, 2016 - 2026F |
6.3.5 Turkey CCTV Market Revenues & Volume, By Education, 2016 - 2026F |
6.3.6 Turkey CCTV Market Revenues & Volume, By Business, 2016 - 2026F |
6.3.7 Turkey CCTV Market Revenues & Volume, By Retail, 2016 - 2026F |
6.4 Turkey CCTV Market, By Surveillance Components |
6.4.1 Overview and Analysis |
6.4.2 Turkey CCTV Market Revenues & Volume, By CCTV Camera, 2016 - 2026F |
6.4.3 Turkey CCTV Market Revenues & Volume, By Video Surveillance Storage Mechanisms, 2016 - 2026F |
6.4.4 Turkey CCTV Market Revenues & Volume, By Video Surveillance Software, 2016 - 2026F |
6.4.5 Turkey CCTV Market Revenues & Volume, By Analytics, 2016 - 2026F |
7 Turkey CCTV Market Import-Export Trade Statistics |
7.1 Turkey CCTV Market Export to Major Countries |
7.2 Turkey CCTV Market Imports from Major Countries |
8 Turkey CCTV Market Key Performance Indicators |
9 Turkey CCTV Market - Opportunity Assessment |
9.1 Turkey CCTV Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Turkey CCTV Market Opportunity Assessment, By Technology, 2019 & 2026F |
9.3 Turkey CCTV Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.4 Turkey CCTV Market Opportunity Assessment, By Surveillance Components, 2019 & 2026F |
10 Turkey CCTV Market - Competitive Landscape |
10.1 Turkey CCTV Market Revenue Share, By Companies, 2019 |
10.2 Turkey CCTV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |