Global AI CCTV Market to reach USD XX Billion by 2027.Global AI CCTV Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Growing use of technically advanced surveillance system and increased awareness about public safety & security are the factors driving the growth of AI CCTV market. Furthermore, growing use of AI CCTV at traffic signals by government agencies to detect & recognize license plates will be anticipating the growth of market in forecasted period. For instance: BS/2, a banking technology company has partnered with Vision Labs to develop contactless identification process. This would also reduce the risks associated with the fraudulent or unlawful activities while operating self-service terminals thereby making ATMeye.iQ a full-scale self-service video surveillance and fraud prevention system. However, lack of awareness about advanced products may impede market growth over the forecast period of 2021-2027.

Global AI CCTV market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is a significant region across the world in terms of market share due to huge investment in infrastructure development in the region. Whereas North America is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to uses of smart devices in military and defense in the region.
Major market player included in this report are:
Axis Communications AB
Bosch Security Systems
D-Link Corporation
Eagle Eye Networks
Hangzhou Hikvision Digital Technology Co., Ltd.
Hanwha Techwin America
Panasonic Corporation
Swann
FLIR Systems, Inc.
VIVOTEK Inc.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Hardware
Camera Modules
Monitor
Storage
Others
Software
Services
By Camera Type:
PTZ Camera
Dome Camera
Bullet Camera
Box Camera
Others
By Applications
Residential
Commercial
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global AI CCTV Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors