Global CCTV camera market trends
Source: LS VISION
Date: 2016/10/17
CCTV cameras are widely used in daily life as a big tendency in the world.
Like to be announced by Bangladesh: every corner of the city need to install, which get badly support by the government.
But,what is CCTV Security?
CCTV are video cameras that are used for video surveillance by transmitting signals from a specific place to another. The signals are not openly broadcasted, instead they are restricted to be monitored by only a set of people located in a particular place. CCTV cameras have wide usage worldwide by government enterprises to combat and avoid domestic as well as international security threats. Usage in private sectors such as retail stores, banks, and casinos is also gaining momentum because of declining prices and advanced features present in new generation CCTV cameras.
Our analyst researched the following companies as the key players in the Global Closed Circuit Television Camera Market: Bosch Security Systems Ltd., Honeywell International Inc., Mitsubishi Electric Corp. and Schneider Electric SA
Other Prominent Vendors in the market are: ADT Fire & Security, Baxall, Checkpoint Systems, Dedicated Micros and Synectics, JVC, Panasonic, Security Distribution Group and Vicon Industries.
Commenting on the report, an our analyst said: “The usage of CCTV cameras with IP technology is one of the major trends in the market. IP technology comes with advanced functions such as sharing the video signals through the internet and remote access, which eliminates the need for expensive dedicated cabling.”
Further, the report states that privacy concerns are the major challenge in this market. There has to be a framework of carefully set out regulations that differentiate legitimate monitoring from intrusion. Privacy intrusions infringe the moral rights of people, and the technology can be misused for illegal activities.
Nothing is smooth all the way to the top. Though challenges exist in the development of CCTV camera, it will have a bright future.