Closed Circuit TV Industry —A Market Update (2005-2008)

PRLog (Press Release) - Oct 07, 2006 -

An increasing adoption of security solutions translated into the growth ofthe world security market. While the market for security products showed asustained growth, legal compliance has played a crucial role in the framing ofsecurity policies by world leaders. Issues of standards and legal compliancealso spawned the growth of a serious training industry specifically focused onsecurity for probably the first time. With certification compliance becomingmandatory in many organizations, there is an increase in the number of certifiedsecurity professionals.

As the emphasis of the market is shifting from analogue to digital equipment,this trend is being restrained to some extent. Some of the biggest opportunitiesin this field lie in leading edge technology.

In the last few decades, heightened fear of terrorism in the wake of theSeptember 11, 2001 attacks on the US, in tandem with rising conventional crimerates in many countries, analysts predict that the access control technologiesand other security systems (like biometric, CCTV and Video surveillanceequipment) are likely to witness a colossal demand with an approximate annualgrowth rate of 36.9 percent across the world, by 2009.

At the core of this is the necessity for a security regulatory regime thatprovides certainty, predictability, uniformity, and simplicity across each stateand territory. There has to be a consistency in lifting national trainingstandards, licensing, probity checking, and compliance monitoring. This not onlyadds to efficiency, but closes off the vulnerability inherent in the currentarrangements.

This report by, titled “Closed Circuit TV Industry —A Market Update(2005-2008),” talks primarily about the technological developments in the CCTVmarket. This report also highlights the fact that the demand for CCTV isconstantly on the rise, due to the increasing cases of crime. Of course,people’s penchant for more and more sophisticated gadgets is also an importantfactor.

REPORT HIGHLIGHTS:

– The CCTV market and assesses the derivatives
– Various applications and benefits of CCTV
– Application of CCTV in regulating crime
– Key findings of Data Protection Act in alliance to CCTV
– Market dynamics for CCTV worldwide and European perspective
– Estimating the factors contributing to CCTV growth in Europe and Worldwide
– Technological imprint on the recent CCTV application
– Forecast till 2010

REPORT FEATURES:

This report puts forward a detailed analysis of the present market, and thefuture prospects of the CCTV industry along with its transformation fromanalogue to digital technology. While Chapter 2 of the report provides anoverview, Chapter 3 talks about the various applications and benefits of CCTV.Chapter 6 presents an evaluation of the worldwide market dynamics and Europeanperspective, along with detailed presentation of the sales and revenuedistribution up to 2006. Just before the conclusion, Chapter 8 provides aninsight into the recent developments and concurrent changes in the CCTV market.