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Procurement Market Intelligence Report

Closed-Circuit Television Systems
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Closed-Circuit Television Systems?

What is the average price of Closed-Circuit Television Systems?

This procurement report includes pricing information to help you purchase Closed-Circuit Television Systems. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Closed-Circuit Television Systems been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Closed-Circuit Television Systems yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Closed-Circuit Television Systems?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Closed-Circuit Television Systems with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Closed-Circuit Television Systems?

There is low market share concentration among CCTV system suppliers, with the top four firms accounting for less than 20.0% of total revenue in 2019. ProcurementIQ estimates that 8,550 suppliers operate in the market, ranging from small private firms to large international manufacturers. Of these vendors, 650 are manufacturers, 900... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Related Goods & Services

What type of discounts do you offer for bundling various products or services together?

Will products and accessories from different suppliers be compatible with one another? How will I know if they are compatible prior to purchase?

What type of related goods do you recommend based on the CCTV system I am purchasing and my business?

Can you recommend any contractors that operate in my area for installation of your products?

How much does it typically cost to install the system that you are selling me?

Supplier Specialization & Experience

Based on my business needs, what type of CCTV system do you recommend?

Would you recommend analog or digital technology for my business? Why?

What markets do you typically work in?

What type of experience do your employees have?

What can I do to ensure the purchasing process moves quickly?

If I lose power, will my CCTV system still operate? What backup systems do you use?

Supplier Qualifications

What type of training do your workers receive? What experience do your workers have?

What licenses and insurance do you hold?

How long have you been selling CCTV systems? How have you altered your products during the course of your business history?

What awards has your company earned? What were they for?

Competition

How do you differentiate yourself from your competitors?

What related goods and services do you provide that your competitors do not?

How do your prices compare to the prices of your competitors?

Do you have any price matching policies?

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Key elements for every RFP

What should my Closed-Circuit Television Systems RFP include?

Project Budget

Buyers should either specify their budget for CCTV systems or the number of units required.

Buyers should provide information about when payment will occur, such as upon finalization of the contract or over a period of time.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections for help creating a budget.

Selection Criteria

Buyers should look for vendors that have highly regarded CCTV systems in order to ensure the security of their location.

Buyers should evaluate vendors based upon the types of CCTV systems offered as well as the per-unit and overall pricing.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include a deadline for proposal submittals and state when the contract will be awarded.

Buyers should include a delivery date for the CCTV system components. If buyers want routine servicing or maintenance, this should also be included. Additionally, if buyers wish to install these systems outside of normal work hours, this information should be included as well.

Buyers should include any other benchmark dates that are relevant to the project.

Evaluate major factors to mitigate risk

How risky is the Closed-Circuit Television Systems supply chain?

The supply chain for CCTV systems poses a low risk to buyers. Although risk is low on average, first- and second-tier suppliers are still exposed to changing economic, political and weather conditions that are often outside the supplier’s control. To mitigate such risks, the buyer may select a CCTV supplier... Subscribe to learn more.

HIGH

MEDIUM

LOW