Overview and Scope
A pan-tilt-zoom (PTZ) camera is a surveillance camera with motorized mechanisms for panning, tilting, and zooming, enabling remote control over its movement and field of view. These cameras are commonly used in security systems for monitoring large areas and capturing detailed footage of specific points of interest, providing flexibility and enhanced surveillance capabilities.
Sizing and Forecast
The pan-tilt-zoom (PTZ) camera market size has grown rapidly in recent years. It will grow from $1.47 billion in 2023 to $1.66 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to growing security concerns, increasing adoption of video surveillance, declining costs, integration with smart technologies, and demand for high-quality surveillance solutions.
The pan-tilt-zoom (PTZ) camera market size is expected to see rapid growth in the next few years. It will grow to $2.73 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to the expansion of smart cities, growth in E-commerce and logistics, rise in remote monitoring solutions, emphasis on safety and compliance, and integration with IoT ecosystems. Major trends in the forecast period include AI-powered analytics, cloud integration, smart home applications, higher resolution imaging, and incorporation of environmental sensors.
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Segmentation & Regional Insights
The pan-tilt-zoom (PTZ) camera market covered in this report is segmented –
1) By Type: Full High Definition PTZ Cameras, High Definition PTZ Cameras, Super High Definition PTZ Cameras, Ultra High Definition PTZ Cameras
2) By Application: Broadcast Television, Home, Houses of Worship, Education Distance Learning, Sporting And Event Production, Corporate Training, Other Applications
3) By End-Use: Transportation, Aerospace, Military And Defense, Automation, Research Institute, Other End-Users
North America was the largest region in the pan-tilt-zoom (PTZ) camera market in 2023. The regions covered in the pan-tilt-zoom (PTZ) camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising crime rates and security threats are expected to propel the growth of the pan-tilt-zoom (PTZ) camera market going forward. Crime rates and security threats refer to the prevalence and potential dangers posed by unlawful activities and risks to the safety and well-being of individuals, communities, or organizations. The rise in crime rates and security threats is a complex and multifaceted phenomenon influenced by a combination of social, economic, technological, and environmental factors. PTZ cameras can help reduce crime by providing real-time monitoring, enhanced surveillance coverage, and the ability to track and zoom in on suspicious activities or individuals within a monitored area. For instance, in March 2023, according to the National Insurance Crime Bureau, a US-based non-profit organization for combating insurance fraud and theft, monthly national vehicle theft consistently exceeded 75,000, with a total of over 1 million vehicles stolen in 2022, marking a 7% increase compared to 2021. Therefore, the rising crime rates and security threats are driving the growth of the pan-tilt-zoom (PTZ) camera market.
Key Industry Players
Major companies operating in the pan-tilt-zoom (PTZ) camera market are Sony Corporation, Panasonic Corporation, Honeywell International Inc., Canon Inc., Johnson Controls International plc, Tyco International Ltd., Hikvision Digital Technology Co. Ltd., Logitech International S.A., Zhejiang Dahua Technology Co. Ltd., Axis Communications AB, Teledyne FLIR LLC, Uniview Technologies Co. Ltd., Infinova Corporation, Genetec Inc., Pelco Inc., Mobotix AG, Bosch Security Systems, CP PLUS GmbH & Co. KG, Hanwha Techwin Co. Ltd., Vicon Industries Inc., Vaddio LLC, ACTi Corporation, Bolin Technology Co. Ltd., Marshall Electronics Inc., Avonic
The pan-tilt-zoom (ptz) camera market report table of contents includes:
1. Executive Summary
2. Pan-Tilt-Zoom (PTZ) Camera Market Characteristics
3. Pan-Tilt-Zoom (PTZ) Camera Market Trends And Strategies
4. Pan-Tilt-Zoom (PTZ) Camera Market – Macro Economic Scenario
5. Global Pan-Tilt-Zoom (PTZ) Camera Market Size and Growth
…..
32. Global Pan-Tilt-Zoom (PTZ) Camera Market Competitive Benchmarking
33. Global Pan-Tilt-Zoom (PTZ) Camera Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pan-Tilt-Zoom (PTZ) Camera Market
35. Pan-Tilt-Zoom (PTZ) Camera Market Future Outlook and Potential Analysis
36. Appendix
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