As per recent report entitled "Global CCTV Market Analysis (2008-2012)" from RNCOS
, the surveillance market has rapidly expanded over the past few years and gained great importance at the global level. It is expected that the surveillance market will grow 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. With the rising security concerns and high economic growth in a number of Asian countries, the Asian surveillance market is projected to grow at a CAGR of around 28 percent from 2010 to 2013.
RNCOS has analyzed the surveillance market on the basis of technology, region and type. Further, the growth prospects of surveillance in leading countries of the world are evaluated. The report discusses the key surveillance market profiles of Latin America and Middle East. Several 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. RNCOS have chosen these countries on the basis of current market trends and future growth potential. Various factors that will drive the IP technology market in coming times have also been covered in the report.
The research also describes 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 market. Along with these factors like Privacy issues and limited capabilities can hinder the surveillance growth in the global market.
"Global CCTV Market Analysis (2008-2012)" is a comprehensive research report that comprises quality research and in-depth analysis of the surveillance industry across the globe. It studies the recent developments in major countries and their impact on the global market. The report will help readers to analyze the leading-edge opportunities, prospective customer base, expected future outlook and all the other factors critical for the success of a new entrant in the surveillance market.