Press Release Summary = Terrorism, a common threat to all of the nations, is the leading factor influencing the demand of surveillance equipments across the world.
Press Release Body = September 11, 2001, terrorist attacks on America shook the entire world. As a consequence of it, security agencies worldwide are prompted to take on measures that'll ensure infallible security of important places.
Concern towards security has thrust an unprecedented growth in the demand for surveillance equipments such as CCTV cameras by these organizations. The increase in demand is primarily fuelled by technological improvements and advanced features in terms of integration with other access control technologies from global security industry, such as biometrics & digital video software. Such equipments make surveillance more proactive & efficient.
Intelligent analysis of captured video images offered by smart cameras is another stimulators behind this growth. Evidences collected with the help of such equipments seem to be getting legal acceptance too, as the U.S. courts will soon start accepting images captured by these cameras as reliable evidences against the culprit.
However, privacy issue is a major concern that limits the extensive use of CCTV cameras. Regulatory authorities are planning to bring in more standards to ensure the efficiency of the security systems. Also there's a suggestion from these authorities that people should be made aware of the presence of close circuit cameras in the premises.
"CCTV Market Update (2006-2007)", a recent market research report published by RNCOS, includes an exclusive discussion on all aspects of global CCTV market.
As per analysts at RNCOS, "Global CCTV market shall cross $9Bn mark by the year 2008, while it was just $5.3Bn in 2005.Technological revolution, convergence of computers with CCTV, and other similar factors will play the main stimulators in this growth".
Salient Features of the Report
-- Detailed country wise analysis of video surveillance market and discussion of opportunities present in these countries. -- Factors influencing the growth of global video surveillance market. -- Profile discussion of key players in the global security market. -- Conceptual Framework of CCTV. -- Statistical information on the growth witnessed by the industry since 9/11 episode. -- Market projections about the global security industry in the years to come.
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