A market report from Reportlinker.com implies the surveillance market has been witnessing exponential growth for past few years on the rising concerns for security and safety across the globe. This, in turn, has been resulting in huge growth opportunities for surveillance manufacturers, operators and distributors. The market for global surveillance market is projected to reach around US$28 billion by the end of 2013, at a CAGR of more than 22 percent from 2010. This growth rate clearly indicates that the global market has immense potential in this field. Our research provides in-depth and coherent analysis of the surveillance market worldwide to help clients understand the future market developments and trends across the globe.
At regional level, Asia will dominate the global surveillance market in value terms by the end of 2013. This region will account for more than 53 percent of the total market, followed by the Americas and Europe. Developing countries like India and China with huge population base will be the key drivers in the Asian market. The report gives reason-based analysis of present and future market outlook of the surveillance market in different geographical regions.
The report discusses key surveillance market profiles of Latin America and Middle East. Various countries have also been analyzed in the report such as the U.S., the U.K., Canada, Italy, Germany, Russia, China, Thailand, Malaysia, Taiwan, India and Brazil. We have chosen these countries for our study on the basis of current market trends and future growth potential.
As per the report "Global CCTV Market Analysis (2008-2012)," the analog surveillance market currently dominates the global market, but the scenario will change by the end of 2013. In future, network IP technology will emerge as the leading technology. Various factors that will drive the IP technology market in coming times have also been covered in the report. It also details the potential growth areas for the surveillance market along with the major roadblocks. Sectors like retail, transportation and healthcare have immense potential to drive the growth of the surveillance market. Moreover, government initiatives in various countries are also expected to give a significant impetus to the market growth.
The report provides extensive information and rational analysis on the global surveillance market and emerging trends in the industry. It gives an insight of the trends prevailing in all the countries covered along with the technology and region-wise segmentation of the market across the globe. Analysis and statistics regarding market size, growth and trends in technology developments have also been thoroughly studied to give comprehensive overview of the market.