|[November 22, 2012]
Research and Markets: The Global Video Surveillance Market to Grow At A CAGR Of 14.33 Percent over the Period 2011-2015
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/tp9zdh/global_video)
has announced the addition of the "Global
Video Surveillance Market 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the
increasing security concerns. The Global Video Surveillance market has
also been witnessing the increasing demand of high-quality images.
However, the lack of standardization could pose a challenge to the
growth of this market.
Key vendors dominating this market space include Axis Communications AB,
Bosch Security Systems Inc., Hikvision Digital Technology Co. Ltd., and
Panasonic (News - Alert) System Networks Co. Ltd.
Other venors mentioned in the report: Arecont Vision LLC, Avigilon
Corp., Cisco Systems Inc., Exacq Technologies Inc., Genetec Inc., H3C
Technologies Co. Ltd, March Networks Corp., Milestone Systems A/S,
Mobotix AG, NICE Systems (News - Alert) Inc., Samsung Techwin Co. Ltd., Schneider
Electric S.A., and Sony Electronics Inc.
Commenting on the report, an analyst from TechNavio's IT Security team
said: ''Over the last few years, there has been a steady demand for high
megapixel cameras. As a result, vendors in the Global Video Surveillance
market have been increasing their product range of high-definition (HD)
cameras. Vendors such as Arecont Vision and Avigilon have cameras with
more than 20 mega pixels in their product portfolio. In addition, the
vast majority of vendors in the market have started offering HD
resolution cameras with wide dynamic range and low light capabilities.''
According to the report, recently, the occurrence and nature of security
breaches and security attacks has increased considerably. Globally,
robbery, theft, shoplifting, and terrorist attacks are increasing and in
order to curb such anti-social activities, governments as well as large
enterprises across the globe are increasing their adoption of video
surveillance cameras. Also, many governments have passed stringent
regulations to install video surveillance cameras in places such as
hypermarkets, hospitals, airports, railway stations, hotels, malls, etc.
These regulations are aimed to provide enhanced security and to curb
For more information visit http://www.researchandmarkets.com/research/tp9zdh/global_video
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