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Security Concerns to Drive CCTV Demand in India
Aug 04, 2010
With the rapid industrialization and economic liberalization in India, security concerns have posed a great challenge to the Indian society. Increasing terrorist activities and attacks have created strong demand for advanced safety and security solutions. As a result, the CCTV market in India is anticipated to grow at a CAGR of more than 30% between 2010 and 2013, says our new research report “Global CCTV Market Analysis (2008-2012)”.
Our report has found that the influx of multinational companies and fast infrastructure development have been creating strong demand for CCTV. Besides, the government has planned to support the CCTV market by its various strategies discussed in the report. Such a tremendous growth rate of the CCTV industry will create opportunities for the electronic security market.
Apart from India, various other economies such as USA, China, Germany, UK and many more which have shown positive growth in the past have been discussed in the report. We anticipate that these markets will drive future demand for CCTV and security devices. Various factors, which will infuse growth in the CCTV industries of these economies such as high concentration of CCTV cameras, huge spending by the retail sector on CCTV, etc. have been explained in the report.
“Global CCTV Market Analysis (2008-2012)" offers an extensive research and rigorous structural analysis of the CCTV industry in order to help clients gain an in-depth understanding of the prevailing market trends and developments going on across the world. Besides, our research provides technology-wise and product-wise breakup of the video surveillance equipment market. Most importantly, the report contains industry forecast based on correlation of past data, current market trends and opportunities for future expansion in each country. It also discusses the factors which could pose challenges to the market' along with the reason that may sustain the industry growth momentum in coming years.
For more information visit: http://www.rncos.com/Report/IM134.htm
For more information visit: http://www.rncos.com/Report/IM134.htm
Related Releases are as follows:
- Rising Security Concern Boosting CCTV Sales
- Rise in Adoption Rate of CCTV Accelerating the Industry
- Countries are Exhibiting a Shift from Analog to IP Video Surveillance Technology
- Global CCTV Market Witnessing Promising Growth
- Video Surveillance as a Service (VSaaS) Propelling the Global CCTV Market
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