(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/d82e1acc/brazil_video_surve) has announced the addition of the "Brazil Video Surveillance Market (2011-2016): Market Forecast By: Cameras (Analog and IP), DVR/NVR, Encoders/Decoders, Software, Verticals (Government & Public Infrastructure, Industrial, Commercial and Residential), Regions (Northern, Southern, Nort" report to their offering.
Increasing security related issues in the entire gamut of the society have alarmed every nation of the globe, especially when we commonly see thefts, crimes and terrorists attacks. With the crime system getting intelligent it has become a basic necessity for every nation to deploy intelligent and smart security systems. Incapability of physical security to provide 24x7 monitoring has opened the opportunities for smart and intelligent based video surveillance systems.
Rising infrastructure, increasing crime incidences and host nation of international sporting events such as FIFA Worldcup 2014 and Olympics 2016 has accelerated the video surveillance market in Brazil.
According to 6Wresearch, the Brazil Video Surveillance market is expected to reach $362.69 million by 2016, with a CAGR of 23.75% from 2011-2016. In 2011, analog based surveillance systems have accounted for 89.40% of the share; however IP based surveillance systems are expected to grow with relatively high CAGR of 27.07% from 2011-2016.
The report estimates and forecast market size, market revenue by products, verticals and regions. The report also gives the insights on latest market trends, drivers, restraints and opportunities that devise growth of the market.