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Booming CCTV Market in Europe Forecast to 2014

Booming CCTV Market in Europe Forecast to 2014

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Publish Date : Jun, 2012| No. of Pages : 56

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In the past few years, the rising concerns over security and safety due to increasing terrorist attacks and other criminal activities have led to an enormous growth in the video surveillance market. As per the estimations, carried out in our latest report, the United Kingdom’s CCTV market will expand at a CAGR of around 15% during 2012-2014 as the level of surveillance is increasing in the country.

According to our comprehensive report, “Booming CCTV Market in Europe Forecast to 2014”, the UK is one of the world’s top destinations in terms of development and maturity of the CCTV market. The country represents the most mature market in the world in terms of number of cameras installed. The report has also studied how the CCTV market is performing in other European countries, including Russia, Italy, and Germany, and what shape it would take in near future.

Our research work also includes an introduction to the surveillance technology and surveillance components finding place in the European CCTV market. We found that on the technical front, IP Storage Area Network (IP SAN) is gaining momentum over digital and network video recorders (DVR/NVR) for storage. The threat of terrorism has also fueled the evolution of video analytics. With a view to presenting a balanced outlook, the report has also looked into the competitive landscape. It comprises the brief profiles of key companies Axis Communication, Bosch and Panasonic-which are operating in the European CCTV market.

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