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IP Video Surveillance Market: Growing Exponentially
Jul 19, 2006
Worldwide shipment of IP surveillance cameras was valued at $2.1Bn in 2004. However the same is expected to grow at a CAGR of 10.87% till 2010 making it to $3.9Bn.
Spurred by increased public & private security concerns, IP based video surveillance systems market is observing a continuous growth at present. There’re numerous applications of these systems that have emerged in recent years. Police departments around the world are making use of IP video surveillance systems to combat crime. Such systems help multiply the effectiveness of security personnel.
In an IP camera functions, such as video capture, network interface, video encoding & processing, are integrated together. Therefore, video signal processing chips that support these functions are amongst the most differentiated & lucrative semiconductor opportunities in the CCTV market for video surveillance systems.
In its recently published market research report on Global Security Market named, “CCTV Market Update (2006-2007)”, RNCOS has provided detailed discussion on all aspects of the IP video surveillance industry. “Growing demand & usage of IP video cameras positions the video surveillance market for dramatic growth between 2005 & 2010”, as per the report
As per analysts at RNCOS, “Worldwide IP surveillance camera market will grow exponentially doing better than the conventional CCTV (closed circuit television) camera market”.
What does this report include?
- Detailed country wise analysis of video surveillance market and discussion of opportunities present in these countries.
- Factors influencing the growth of global CCTV market.
- Profile discussion of key players in the global security industry.
- Conceptual Framework of CCTV.
- Statistical information on the growth witnessed by the industry since the terrorist attacks on WTO.
- Dependable market projections about the global security industry in the years to come.
For more information visit: http://www.rncos.com/Report/IM048.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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