Global CCTV Market stood at USD 19 Billion in 2015 and can grow further at a 20% CAGR during the forecast period (2016-2020). CCTV synonyms for video surveillance and the CCTV market comprises manufacturing, distribution, and sale of various components and technology, including software, hardware, and services. The phenomenal rise of the CCTV industry is due to a combination of competitive pricing, innovative solutions, and a burgeoning video surveillance market.
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