Report: Global CCTV Market Expected To Grow 23 Percent By 2012

  • Aug 22, 2008

Research and Markets recently released a report, “Global CCTV Market Analysis (2008-2012),” that looks at the demand for CCTV products in the next four years.

The report says that with increasing safety and security concerns worldwide, the global CCTV market is gaining momentum and is emerging as a big opportunity area for the local as well as foreign CCTV players, distributors and operators all across the world.

The report predicts the future direction of the market that is based on the growth of base drivers, like security needs and technological developments, thus helping the clients to analyze the opportunities and factors critical to the market success.

Some of the key highlights from the study include:

  • The global CCTV market (including both analog and IP-based CCTV) grew at a CAGR of 24.28 percent in 2007 over 2006 and is forecasted to grow at a CAGR of approx. 23 percent from 2008 to 2012.
  • The global demand for CCTV systems is escalating at a faster pace due to a robust growth in the IP-based CCTV surveillance systems as compared to the analog ones.
  • In 2006, North America and Europe accounted for more than 85 percent of the global CCTV market.
  • It is expected that major demand for CCTV systems will come from the Asia-Pacific region in future.
  • Intelligent video surveillance system is emerging as a new trend that is driving the video surveillance software market.
  • Various sectors like retail, healthcare and transportation represents the opportunity areas for the global CCTV market.

Featured

Most   Popular

New Products

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.