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: ETC013581 | 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 | |
USA Cctv market currently, in 2023, has witnessed an HHI of 1874, Which has decreased slightly as compared to the HHI of 2424 in 2017. The market is moving towards moderately competitive. 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 Japan. It has registered a growth of 6.94% over the previous year. While Japan registered a growth of 15.98% 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, the USA has a Herfindahl index of 2424 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index ofย 1681 which signifies moderately concentrated in the market.
United States (US) CCTV Market is witnessing steady growth. The demand for surveillance systems has increased significantly due to advancements in technology. The sophisticated CCTV solution will be high in demand. Artificial integration technology is an emerging trend in the market. The surveillance system is integrated with artificial technology. These developments have enabled real-time data analysis and improved monitoring capabilities. The use of AI makes it easy to identify suspicious behaviors and potential threats can easily be identified. Cloud based energy solutions are increasing in demand. The data can be accessed securely from anywhere with the use of the internet. The cloud-based solution is a cost-effective option. The market is also shifting towards the use of wireless cameras. These wireless cameras have greater scalability and flexibility. The companies can easily expand their coverage. Due to these developments, the business's approach toward security measures has been revolutionized. There is a wide range of options available in the United States (US) CCTV Industry.
The United States (US) 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.
The United States (US) CCTV Market is estimated to grow in the coming years. There is the prevalence of high rate of crime in the US. The need for the security solution is increasing as the world is becoming unsafe. In recent years the CCTV system has become more advanced due to growth in technology. The popularity of CCTV is constantly increasing due to its affordability and ease of use.
According to 6Wresearch, the United States (US) CCTV Market size is estimated to register a sound growth during 2020-2026. The market is growing rapidly due to numerous factors. The demand for enhanced security systems, various government initiatives, and the rise in crimes have led to the expansion of the market. To meet the customer demand, companies in this sector need to keep up with the latest trends. The demand for safety and security is increasing in places like parks, railway stations, and malls. The CCTV market in the US is growing due to mass shootings and an increase in criminal and terror acts. There are various initiatives by the government to encourage the use of CCTV cameras. The market will witness growth in the forecast period due to an increase in the use of IP cameras. There are certain challenges faced by the market that are hindering the growth of the market. Many households and businesses are unable to afford the CCTV systems due to its high cost. The market in the US is highly fragmented due to the presence of small and medium-sized producers and manufacturers who find it difficult to attain a significant share in the market and due to this, there is a decline in the United States CCTV Market Share.
ย There was an increase in demand for CCTV surveillance systems in the US due to COVID-19. The new safety protocols were implemented by the businesses and public spaces and there was a need to install CCTV systems to monitor the activities of the public. There was a surge in the installation of the CCTV camera to monitor social distancing and mandate mask-wearing by the government. The CCTV Market In the United States (US) faced some setbacks due to the pandemic. It was difficult to obtain necessary equipment due to interruptions in the supply chains and it led to delays in the installation process. The pandemic brought economic uncertainties and many individuals faced monetary constraints and it led to a slowdown in the process of CCTV installation.
These are the notable players in the market and they are contributing to the growth of the CCTV Market-
On the basis of Product types, the market is segmented into Conventional, Discreet, Dome, and Bullet CCTV Cameras. Conventional CCTV will dominate the market as it is the primary type of CCTV camera and it is widely used for general surveillance and it will lead to an increase in the United States (US) CCTV Market Growth.
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 it provides quality image and scalability.
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 need for security and prevention of loss.
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 cameras will dominate the market as they easily capture the video of the monitored area.
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 United States (US) CCTV Market Overview |
3.1 United States (US) CCTV Market Revenues & Volume, 2016 - 2026F |
3.2 United States (US) CCTV Market - Industry Life Cycle |
3.3 United States (US) CCTV Market - Porter's Five Forces |
3.4 United States (US) CCTV Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.5 United States (US) CCTV Market Revenues & Volume Share, By Technology, 2019 & 2026F |
3.6 United States (US) CCTV Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.7 United States (US) CCTV Market Revenues & Volume Share, By Surveillance Components, 2019 & 2026F |
4 United States (US) CCTV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) CCTV Market Trends |
6 United States (US) CCTV Market Segmentation |
6.1 United States (US) CCTV Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 United States (US) CCTV Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 United States (US) CCTV Market Revenues & Volume, By Conventional, 2016 - 2026F |
6.1.4 United States (US) CCTV Market Revenues & Volume, By Discreet, 2016 - 2026F |
6.1.5 United States (US) CCTV Market Revenues & Volume, By Dome, 2016 - 2026F |
6.1.6 United States (US) CCTV Market Revenues & Volume, By Bullet CCTV Cameras, 2016 - 2026F |
6.2 United States (US) CCTV Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 United States (US) CCTV Market Revenues & Volume, By Analog CCTV Systems, 2016 - 2026F |
6.2.3 United States (US) CCTV Market Revenues & Volume, By Wireless CCTV Systems, 2016 - 2026F |
6.2.4 United States (US) CCTV Market Revenues & Volume, By IP-based CCTV Systems, 2016 - 2026F |
6.2.5 United States (US) CCTV Market Revenues & Volume, By Hybrid CCTV Systems, 2016 - 2026F |
6.3 United States (US) CCTV Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 United States (US) CCTV Market Revenues & Volume, By BFSIย , 2016 - 2026F |
6.3.3 United States (US) CCTV Market Revenues & Volume, By Healthcare, 2016 - 2026F |
6.3.4 United States (US) CCTV Market Revenues & Volume, By Transportation, 2016 - 2026F |
6.3.5 United States (US) CCTV Market Revenues & Volume, By Education, 2016 - 2026F |
6.3.6 United States (US) CCTV Market Revenues & Volume, By Business , 2016 - 2026F |
6.3.7 United States (US) CCTV Market Revenues & Volume, By Retail, 2016 - 2026F |
6.4 United States (US) CCTV Market, By Surveillance Components |
6.4.1 Overview and Analysis |
6.4.2 United States (US) CCTV Market Revenues & Volume, By CCTV Camera, 2016 - 2026F |
6.4.3 United States (US) CCTV Market Revenues & Volume, By Video Surveillance Storage Mechanisms, 2016 - 2026F |
6.4.4 United States (US) CCTV Market Revenues & Volume, By Video Surveillance Software, 2016 - 2026F |
6.4.5 United States (US) CCTV Market Revenues & Volume, By Analytics, 2016 - 2026F |
7 United States (US) CCTV Market Import-Export Trade Statistics |
7.1 United States (US) CCTV Market Export to Major Countries |
7.2 United States (US) CCTV Market Imports from Major Countries |
8 United States (US) CCTV Market Key Performance Indicators |
9 United States (US) CCTV Market - Opportunity Assessment |
9.1 United States (US) CCTV Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 United States (US) CCTV Market Opportunity Assessment, By Technology, 2019 & 2026F |
9.3 United States (US) CCTV Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.4 United States (US) CCTV Market Opportunity Assessment, By Surveillance Components, 2019 & 2026F |
10 United States (US) CCTV Market - Competitive Landscape |
10.1 United States (US) CCTV Market Revenue Share, By Companies, 2019 |
10.2 United States (US) CCTV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |