According to the recent 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 was worth USD 26.41 billion in 2020 and is anticipated to showcase an appreciable growth during 2021-2026.
 

Global surveillance camera market growth is largely fueled by rising cognizance among consumers regarding security, favorable government policies, and strict regulatory norms about environment conservation.
 

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For those unversed, a surveillance camera system captures photographs and videos, which can then be stored, compressed, or transmitted over communication networks and can be used in any setting.
 

Governments, financial institutions, businesses, and healthcare organizations are all projected to have reliable surveillance systems in place in the upcoming years. As a result, demand for security applications such as video surveillance to monitor & track activities at borders, corporate offices, ports, public places, educational institutes, buildings, and other locations has skyrocketed.
 

Rapid industrialization across emerging and developed economies, coupled with positive outlook towards automobile and electronic sectors are also adding significant traction to global surveillance camera industry progression.
 

Moreover, surging demand from customers, and increasing investments by private and public firms in small and medium scale industries are further enhancing worldwide surveillance camera market outlook.
 

The market is also expected to experience a surge in demand following the COVID-19 pandemic, indicating that many leading manufacturers have started producing the cameras for various sectors such as BFSI, construction, and manufacturing, etc.
 

Based on product type, the market is split into box style camera, bullet camera, dome camera, and others. The dome surveillance camera is protected by a transparent dome and can be used both indoors and outdoors, although many businesses, such as restaurants, hotels, and retail stores, use them inside owing to their distinct design.
 

With respect to end user scope, global surveillance camera industry is segmented into residential, healthcare, manufacturing & construction, commercial, government & defense, BFSI, and others. In BFSI, a modern bank video surveillance system allows footage from various branches to be sent to a central monitoring room or viewed online, making auditing and controlling fast & cost-effective
 

Regionally, Asia Pacific industry has witnessed constant rise in demand for surveillance cameras in the recent past. Introduction of new technology that offers a significant reduction in maintenance costs is well received by a large number of buyers from various industries.
 

Manufacturers are investing in Asian economies such as India and China creditable to low production costs and rapid industrialization, which is propelling surveillance camera industry outlook APAC.
 

Key players profiled in global surveillance camera market report are Hikvision, Panasonic Corporation, FLIR System Inc., Dahua Technology Co. Ltd., Ambarella Inc., Canon Inc., Robert Bosch GmbH, Pelco Inc., CP Plus, and Axis Communications AB.