Released on: November 30, 2007, 10:45 pm

Press Release Author: Shushmul Maheshwari

Industry: Electronics

Press Release Summary: Increasing awareness regarding the need for increased
security and the technological developments are driving the market for IP video
surveillance systems beyond expectations

Press Release Body: RNCOS has recently released its market research report \"Global
CCTV Market Analysis (2007-2010)\" to discuss the current and future market of the
global CCTV market. As per the report, worldwide CCTV market, which comprises of
both IP-based CCTV and conventional CCTV, is anticipated to increase at a CAGR of
over 13% for the period spanning from 2007 to 2011.

According to the report, the global CCTV market has been driven by various factors
such as mass surveillance, IP-based video surveillance, rising threat of terrorism,
growing security concerns, and need for a low cost, reliable and innovative
technology along with strong government efforts and increasing retail activity.

The study identifies Asia-Pacific region as the region from where the majority of
future demand will stem. This region is experiencing excellent growth led by the
advancement of the major economies like India, China, Singapore, Japan, and Hong
Kong. The report forecasts that Asia-Pacific CCTV market will continue to post rapid
growth in future increasing at a CAGR of nearly 13% over the period from 2007 to
2010.

As the world is seeing the retail revolution (the worldwide retail sales are
projected to climb up to US$ 17.20 Trillion by 2011), this sector has emerged as the
chief area that offers huge prospects for the global CCTV market. The retailers
would get the advantage of examining the loss of cash or inventory, general
pilfering and prevention of crime. The other opportunity areas for the CCTV market
lies in industries like healthcare, and transportation, report adds.

However, the global CCTV market needs to overcome such challenges as insufficient
coverage, privacy concerns, and restricted capability in terms of storage and
retention for maximum gain and growth. Despite these shortcomings, the global CCTV
market forms a lucrative market as it offers a plethora of opportunities to the
related industries like equipment manufacturing, semiconductor industry, retail and
transportation.

The RNCOS report \"Global CCTV Market Analysis (2007-2010)\" provides keen insight
into the worldwide CCTV market by analyzing its present performance and future
prospects. It provides a rational analysis of the global CCTV market by focusing on
regions like North America, Europe, Asia-Pacific and rest of the world while
notifying the emerging trends, evolving technologies and key opportunities and
challenges vital to the success of the worldwide CCTV industry.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM542.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com