IMS Forecasts Bounce Back for Balkan Video Surveillance Equipment Market

A new report from IMS Research, "The East Europe and Russia Market for CCTV and Video Surveillance Equipment, " forecasts strong growth for video surveillance equipment in the Balkan region. This is due to increasing foreign investment and countries with low video surveillance penetration at present, such as Serbia and Bosnia and Herzegovina, beginning to increase the level of spending on physical security.

The growth observed in the region’s economic development is mirrored in the CCTV and video surveillance equipment market. The Balkan region is one of the largest markets for video surveillance equipment in East Europe, and IMS Research forecasts that the Balkans will remain one of the largest markets in the coming five years, growing at an increasing double digit rate every year.

Romania is the largest market for video surveillance equipment in the Balkan States, accounting for just under 50 percent of equipment sales in 2009. As its economy recovers, IMS Research forecasts the video surveillance equipment market in Romania will grow at a similar rate to the Balkans as a whole. The Romanian market for video surveillance equipment should; however, grow faster than the Czech Republic from 2011 onward.

William Rhodes, market analyst and author of the report, commented, “The Slovenian market, despite having only a population of two million inhabitants, has a surprisingly large number of video surveillance project tenders out to bid. A large proportion of these tenders are for network video surveillance equipment. Slovenia amongst other nations within the Balkans will drive market growth over the next five years.”

Rhodes concluded, “With a large new retail park planned in Bucharest in 2010, and many Western Brands such as Carrefour, Tesco, Wal-Mart and Ikea looking to expand their existing retail establishments; retail in the Balkans will be one vertical that drives growth of the video surveillance equipment market in the coming years.”


  • Live From ISC West: Day 2 Recap

    If it’s even possible, Day 2 of ISC West in Las Vegas, Nevada, was even busier than the first. Remember to keep tabs on our Live From ISC West page for news and updates from the show floor at the Venetian, because there’s more news coming out than anyone could be expected to keep track of. Our Live From sponsors—NAPCO Security, Alibi Security, Vistacom, RGB Spectrum, and DoorKing—kept the momentum from Day 1 going with packed booths, happy hours, giveaways, product demonstrations, and more. Read Now

    • Industry Events
    • ISC West
  • Visiting Sin City

    I’m a recovering alcoholic, ten years sober this June. I almost wrote “recovered alcoholic,” because it’s a problem I’ve long since put to bed in every practical sense. But anyone who’s dealt with addiction knows that that part of your brain never goes away. You just learn to tell the difference between that insidious voice in your head and your actual internal monologue, and you get better at telling the other guy to shut up. Read Now

  • On My Way Out the Door

    To answer that one question I always get, at every booth visit, I have seen amazing product technology, solutions and above all else, the people that make it all work. Read Now

    • Industry Events
    • ISC West
  • Return to Form

    My first security trade show was in 2021. At the time, I was awed by the sheer magnitude of the event and the spectacle of products on display. But this was the first major trade show coming out of the pandemic, and the only commentary I heard was how low the attendance was. Two representatives from one booth even spent the last morning playing catch in the aisle with their giveaway stress balls. Read Now

    • Industry Events
    • ISC West

Featured Cybersecurity

New Products

  • Dinkle DKU Barrier Terminal Blocks

    Dinkle DKU Barrier Terminal Blocks

    New DKU screw type terminal blocks use a spring-guided system where the screws are integrated and captive within the terminal enclosure. These screws can be backed out so that ring- or U-shaped cable lugs can be inserted, without the possibility of losing the screw. 3

  • Videoloft Cloud Video Surveillance VSaaS Solution

    Videoloft Cloud Video Surveillance VSaaS Solution

    Videoloft focuses on transforming traditional professional surveillance systems into cloud connected solutions via the Videoloft Cloud Adapter. 3

  • BIO-key MobileAuth

    BIO-key MobileAuth

    BIO-key International has introduced its new mobile app, BIO-key MobileAuth™ with PalmPositive™ the latest among over sixteen strong authentication factors available for BIO-key's PortalGuard® Identity-as-a-Service (IDaaS) platform. 3