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RNCOS Projects 15% Growth for European CCTV Market

Feb 16, 2010

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The global video surveillance market has been witnessing fast pace growth for past few years on the back of increasing private and public security concerns which are leading to a swift development in the surveillance technology. Post 9/11 terrorist strike in the US, the demand for CCTVs has significantly surged worldwide and made CCTVs as one of the prominent/sought after security and safety product. As per our recently updated research report "Global CCTV Market Analysis (2008-2012)", the global CCTV market is projected to grow at a CAGR of over 20% from 2010 to around US$ 23 Billion by 2012 end.

Our team of industry experts has undertaken the research of CCTV market to study the present and future growth trends at the regional level. We have segmented the global CCTV market into three major geographical markets - Europe, Asia and the Americas - to evaluate CCTV demand in countries of these regions. The European CCTV market is projected to grow at a CAGR of around 15% between 2010 and 2012 to be worth around US$ 5 Billion by 2012 end.

The report has also identified major European countries that will drive future growth in the CCTV market. These countries include UK, Germany, Italy and Russia. All the countries hold strong growth potential and will experience robust demand for CCTVs to improve vigilance security system in public and private places. In fact, the country level analysis has projected that the CCTV market in UK, Germany, Italy and Russia will grow at a CAGR of 7%, 15%, 13% and 20% respectively between 2010 and 2012.

"Global CCTV Market Analysis (2008-2012)" provides a comprehensive review of the global CCTV market which will help clients gain an in-depth understanding of the prevailing market trends and developments going on across the world. Besides, the report incorporates detailed analysis of different factors which will foster growth in the global CCTV market. The projection of future growth is based on the cohesive study of present market trends in relation with drivers and opportunity areas.

For more information visit: http://www.rncos.com/Report/IM134.htm


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