CCTV Camera Market Demand Surge Due to Increased Security Concerns

The global CCTV camera market is estimated to reach a valuation of US$51.06 Bn by the year 2033, at a CAGR of 12.1%, during the forecast period 2024 to 2033. CCTV, technically the closed-circuit television cameras, serve as video surveillance cameras in monitoring and recording of activities in public and private areas.