Chicago, IL -- (SBWIRE) -- 09/30/2016 -- According to the report, "CCTV Market, by Surveillance (Surveillance Components, Surveillance Technologies), Systems (Camera Systems, System Components), End-users (Banking Sector, Retail Sector, Education Sector, Healthcare Sector, Transportation Sector), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the market for CCTV is expected to witness impressive growth during the forecast period, with rising demand and advancing technologies.

The CCTV market report focuses on the drivers and restraints for the global market. It offers in-depth analysis of the key players, growth trends, and revenue forecasts for the market.

Leaf through our data-driven infographic report on Global CCTV Market:
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According to the report, the CCTV market is set to witness growth at a healthy Compound Annual Growth Rate (CAGR) during the forecast period. The report attributes this healthy growth of the market to the increasing terror attacks and security threats around the world. Apart from that, the improved security policies, advancing technologies, and the increased emphasis on the safety of the employees and intellectual assets are also expected to create a strong rise in demand for the global market during the forecast period. The major restraining factors mentioned in the report include lack of knowledge about the advanced technologies and the high initial investment costs.

The CCTV market report segments the global market by surveillance, systems, end-users, and geographic regions. The surveillance segments include surveillance technologies and surveillance components. The systems include cameras and system components. The end-users include retail, banking, transportation, healthcare, and education. The major geographic segments include North America, Asia-Pacific, Europe, and Middle East & Africa. According to the report, the Asia-Pacific region is expected to grow at the fastest rate during the forecast period. The rising demand and advancing technologies are expected to boost the demand for the market in this region.

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The CCTV market report includes some of the key players. These players include Axis Communication AB, Bosch Security System GmbH, FLIR Systems, Inc., Hanwha Techwin CO, Honeywell International, Inc., Panasonic Systems Networks Co., Ltd., Pelco, Inc., Sony Corporation, Toshiba Corporation, Vicon Industries, Inc., and such others. According to the report, the key market players are expected to come across attractive business opportunities from the emerging markets. The regions such as North America and Asia-Pacific are expected to fuel the growth of the key market players during the forecast period.

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