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MarketPublishers.com Brings Out CCTV Market Outlook 2017 Report
[April 12, 2013]

MarketPublishers.com Brings Out CCTV Market Outlook 2017 Report


Apr 12, 2013 (Close-Up Media via COMTEX) -- Owing to rising concerns over security and safety matters, MarketPublishers.com said the video surveillance market has been evolving in the recent past all over the world.

According to a release, the market has also seen increased demand for surveillance systems, resulting in immense opportunities for closed circuit television (CCTV) makers, distributors and operators. Furthermore, dropping costs and enriched functionality are also adding some impetus to the CCTV market growth.

Forecasts say the global CCTV market will expand at nearly 14 percent CAGR from 2013 to 2017. Being presently a market segment, analog CCTV systems are, however, likely to be dethroned by IP-based, or 'network', systems in the immediate future. Asia, led by India and China, and the Middle East region are anticipated to account for a huge share in the CCTV market over the forecast period.

New study "CCTV Market Outlook 2017" created by RNCOS E-Services examines the current market trends and growth potential of the global CCTV industry.


MarketPublishers.com said the study starts with a detailed coverage of CCTV technology, including surveillance technology and surveillance components. The research then continues with an in-depth review and forecast of the global CCTV market, analysed by technology, component, service, and geography. Further, the report covers the potential growth areas for CCTV like retail, healthcare, education, transportation and banking sector; highlighting the sectors with maximum growth opportunity. In addition, the report takes an up-close look at the competitive landscape by profiling the top companies operating in the global CCTV marketplace.

Companies discussed include: Honeywell International Inc., Bosch Security Systems, Inc., Pelco, Samsung Techwin, Panasonic System Networks Co., Sony Corp., Axis Communication, Toshiba Corp., Vicon Industries, Inc., and Tyco.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

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