Abstract
Increasing threat to global security, constant desire for personal protection,
and acceptance of new technologies is offering the security surveillance
equipment market limitless opportunities for the future. The market research
reports “CCTV Market Update (2006-2007)” by RNCOS gives an
in-depth analysis of the present and future of the global security market. The
market research report offers a detailed overview of the Russian broadband
industry with focus on the CCTV segment of the Global security industry.
The advent of new technologies such as IP video and video analytics, RFID,
Biometrics and the compatibility of IT and security has given thrust to the
growth of global security market. With the shifting of global CCTV market from
Analogue to Digital, new avenues for growth have opened in the shape of up
gradation of existing systems, emerging countries seeking sophisticated
technologies.
The fear of terrorism after SEP 11, 2001 attacks in the U.S, and the rising
crime rates across the countries have forced the respective governments to put
public safety and security in the top priority and invest in it accordingly.
The expanding business establishments have become the other major market for
the security systems. Our analysts predict that the convergence of access
control technologies with other security systems, like biometric and Video
surveillance equipment, are likely to witness a colossal demand with an
approximate annual growth rate of around 37% across the world, by 2009
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