Market Forecast By Product Types (Conventional, Discreet, Dome, Bullet CCTV Cameras), By Technology (Analog CCTV Systems, Wireless CCTV Systems, IP-based CCTV Systems, Hybrid CCTV Systems), By Applications (BFSI, Healthcare, Transportation, Education, Business, Retail), By Surveillance Components (CCTV Camera, Video Surveillance Storage Mechanisms, Video Surveillance Software, Analytics) And Competitive Landscape
Product Code: ETC013585 | Publication Date: Oct 2020 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 51.47% over the previous year. While Thailand registered a growth of 45.92% as compared to the previous year. In the year 2017, China was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Argentina has a Herfindahl index of 3071 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 4484 which signifies high concentration in the market.
Argentina CCTV Market report thoroughly covers the market by product types, by technology, by applications, and by surveillance components. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Argentina CCTV Market has been growing in the country and is estimated to secure a double-digit growth during the forecast period underpinned by the rising security concerns among the population which has made the population aware to install smart CCTVs for better detection. Additionally, rising government initiatives aiming to improve safety & security measures in the country which is estimated to surge the CCTVs demand and further estimated to bolster the market growth. Furthermore, the rising advent of smart surveillance technology enabled integrated with AI technology which provided efficient security & safety in the country is likely to dominate the Argentina CCTV Market share in the upcoming years at a rapid pace.
Argentina CCTV Market is estimated to gain momentum in the country owing to the rising adoption of smart CCTVs by businesses for better safety & security. Additionally, companies are heavily investing in the development of technology that enables security solutions to provide comprehensive security, also which can cater to the need of the customers. Moreover, the Market is seen a gradual shift towards IP-based cameras over analog cameras backed by these cameras are cost-effective and facilitate higher-resolution images.
According to 6Wresearch, the Argentina CCTV Market size is projected to witness tremendous growth during 2020-2026. The market is proliferating in the country on account of the rising several trends & opportunities such as the rising shift towards cloud-based storage solutions which is technology-enabled and offer greater flexibility, scalability, and offering of high-resolution videos & images. Moreover, technological advancements in CCTVs are the next trend likely to bolster the Argentina CCTV Market growth underpinned by the rising smart security solution by small to large companies for efficient security & safety. On the other hand, some are the challenges that can pose a slow market growth in the market include, high equipment costs of security systems and low adoption rates of smart cameras in various industries due to high cost. However, the increasing adoption of cloud-based solutions that enable to remote access footage through mobile or computer is likely to leave a positive impact on the Argentina CCTV industry.
The COVID-19 pandemic had a profound impact on the Argentina CCTV Market. At this time, the market had seen a decline in the Argentina CCTV Market revenue due to the closure of industrial functions and shutdown of businesses causing a major decline in the CCTV installation rates. Although remote monitoring systems had gained momentum like cloud-based systems and artificial intelligence-powered cameras to access remotely, this led to a slight growth in product demand.
Some are the leading key players with a wide market presence are listed below:
Based on the product types, conventional analog CCTV systems are still used by various industries due to their convenience, however, the market is now shifting towards the adoption of IP-based cameras due to their remote accessing features, in response to this, demand for dome and bullet cameras are rising used in IP based cameras owing to their compatibility and versatility.
Based on technology, all the technologies are gaining traction, nevertheless, the rising shift towards using IP-based cameras is underpinned by their advanced features in comparison with analog cameras. Hence IP based cameras are estimated to surge the market share in the coming years.
According to Dhaval, Research Manager, 6Wresearch, all the sectors are driving the adoption of CCTVs, nonetheless, The BFSI sector is the leading among all sectors owing to it requires massive security of banks, financial institutions, and ATMs from frauds, and unusual activities.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina CCTV Market Overview |
3.1 Argentina CCTV Market Revenues & Volume, 2016 - 2026F |
3.2 Argentina CCTV Market - Industry Life Cycle |
3.3 Argentina CCTV Market - Porter's Five Forces |
3.4 Argentina CCTV Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.5 Argentina CCTV Market Revenues & Volume Share, By Technology, 2019 & 2026F |
3.6 Argentina CCTV Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.7 Argentina CCTV Market Revenues & Volume Share, By Surveillance Components, 2019 & 2026F |
4 Argentina CCTV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina CCTV Market Trends |
6 Argentina CCTV Market Segmentation |
6.1 Argentina CCTV Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Argentina CCTV Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Argentina CCTV Market Revenues & Volume, By Conventional, 2016 - 2026F |
6.1.4 Argentina CCTV Market Revenues & Volume, By Discreet, 2016 - 2026F |
6.1.5 Argentina CCTV Market Revenues & Volume, By Dome, 2016 - 2026F |
6.1.6 Argentina CCTV Market Revenues & Volume, By Bullet CCTV Cameras, 2016 - 2026F |
6.2 Argentina CCTV Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Argentina CCTV Market Revenues & Volume, By Analog CCTV Systems, 2016 - 2026F |
6.2.3 Argentina CCTV Market Revenues & Volume, By Wireless CCTV Systems, 2016 - 2026F |
6.2.4 Argentina CCTV Market Revenues & Volume, By IP-based CCTV Systems, 2016 - 2026F |
6.2.5 Argentina CCTV Market Revenues & Volume, By Hybrid CCTV Systems, 2016 - 2026F |
6.3 Argentina CCTV Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Argentina CCTV Market Revenues & Volume, By BFSI , 2016 - 2026F |
6.3.3 Argentina CCTV Market Revenues & Volume, By Healthcare, 2016 - 2026F |
6.3.4 Argentina CCTV Market Revenues & Volume, By Transportation, 2016 - 2026F |
6.3.5 Argentina CCTV Market Revenues & Volume, By Education, 2016 - 2026F |
6.3.6 Argentina CCTV Market Revenues & Volume, By Business , 2016 - 2026F |
6.3.7 Argentina CCTV Market Revenues & Volume, By Retail, 2016 - 2026F |
6.4 Argentina CCTV Market, By Surveillance Components |
6.4.1 Overview and Analysis |
6.4.2 Argentina CCTV Market Revenues & Volume, By CCTV Camera, 2016 - 2026F |
6.4.3 Argentina CCTV Market Revenues & Volume, By Video Surveillance Storage Mechanisms, 2016 - 2026F |
6.4.4 Argentina CCTV Market Revenues & Volume, By Video Surveillance Software, 2016 - 2026F |
6.4.5 Argentina CCTV Market Revenues & Volume, By Analytics, 2016 - 2026F |
7 Argentina CCTV Market Import-Export Trade Statistics |
7.1 Argentina CCTV Market Export to Major Countries |
7.2 Argentina CCTV Market Imports from Major Countries |
8 Argentina CCTV Market Key Performance Indicators |
9 Argentina CCTV Market - Opportunity Assessment |
9.1 Argentina CCTV Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Argentina CCTV Market Opportunity Assessment, By Technology, 2019 & 2026F |
9.3 Argentina CCTV Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.4 Argentina CCTV Market Opportunity Assessment, By Surveillance Components, 2019 & 2026F |
10 Argentina CCTV Market - Competitive Landscape |
10.1 Argentina CCTV Market Revenue Share, By Companies, 2019 |
10.2 Argentina CCTV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |