According to the research report titled ‘Global Surveillance Camera Market: Analysis By Product Type, End User, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with Market Study Report, global surveillance camera market garnered a value of USD 26.41 billion in 2020 and is expected to grow substantially during the forecast period 2021-2026.
 

Increasing concerns regarding safety and security of environment and property across various sectors along with favorable government policies are promulgating global surveillance camera market growth. Moreover, heightened investments in small and medium scale industries is boosting industry expansion, claims the study.
 

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Elaborating on the Covid-19 impact, the industry is slated to witness robust demand post the pandemic as various leading manufacturers have resumed production of security cameras and are also developing new variants catering to different industries like BFSI, manufacturing, and construction.
 

Based on product type, dome camera, box style cameras, and bullet cameras are the major segments covered in global surveillance camera market report. Among these, dome cameras are anticipated to generate strong returns in the forthcoming years. Although this type of camera can be utilized both indoors and outdoors, it is prominently deployed indoors in businesses like retail stores, hotels, and restaurants.
 

With respect to the end-users spectrum, global surveillance camera market is fragmented into government & defense, BFSI, commercial, healthcare, manufacturing & construction, residential, and others. Of these, BFSI segment is slated to grow considerably as the sector experiences strong demand for modern video monitoring solutions that can operate day and night while allowing transmission of footage from multiple sites to a centralized site or the cloud.
 

Meanwhile, government & defense segment will exhibit a healthy growth rate over the forecast duration as concerned authorities actively use surveillance systems for safeguarding borders and entry points such as airports and seaports. Moreover, critical use cases like monitoring of military assists and military installations, prevention & investigation of a crime, and protection of a process, group, person, or object are favoring the segmental expansion.
 

Considering the geographical scope, Asia Pacific surveillance camera industry size is anticipated to multiply at a significant pace over the analysis period. This can be ascribed to low production cost facilitated by rapid industrialization which is prompting manufacturers to invest in emerging economies like India and China.
 

Top-tier industry players are Plus International, Robert Bosch GmbH, Pelco Inc., Axis Communications AB, Teledyne FLIR LLC, Panasonic Corp., Canon Inc., Zhejiang Dahua Technology Co. Ltd., Ambarella Inc., and Hangzhou Hikvision Digital Technology Co. Ltd.