Asia-Pacific offers Huge Potential for the US$ 5.7 Billion CCTV/Video Surveillance Equipment Market, According to a New Report by Global Industry Analysts, Inc.

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Increased government spending for security reasons, migration of vendors from analog security systems to digital video surveillance systems, growing prosperity in societies and installation of security systems by several organizations due to increasing concern for safety of the clients as well as the employees are the major factors driving the in video surveillance market. The global CCTV/video surveillance equipment market is likely to grow at a compounded annual rate of approximately 10%.

CCTV/Video Surveillance Equipment: A Global Strategic Business Report

Security and safety are the key concerns for all the building owners, including residential and commercial, managers and brokers. Security systems industry is witnessing a steady growth, in a way that, commercial and residential buildings are significantly being upgraded and integrated with highly advanced security systems such as access control systems (retinal scan and fingerprint identification) digital cameras and digital recording security devices, thereby improving security and also simplifying the usage and improving the productivity of security team. CCTV cameras market represents the largest segment of the US$ 5.7 billion global CCTV/video surveillance equipment market, as stated in a recent report published by Global Industry Analysts, Inc. Global CCTV recorders market is expected to reach US$ 1.6 billion by 2010. Asia-Pacific is emerging as a strong market for video surveillance equipment both in terms of usage and production. CTV/video surveillance equipment market in Asia-Pacific is forecast to be US$1.3 billion by 2010.

Major players in CCTV market include Bosch, Sony, GE, ADT Security Systems, Matsushita Electric (Panasonic), Honeywell and Siemens.

"CCTV/Video Surveillance Equipment: A Global Strategic Business Report", published by Global Industry Analysts, Inc. analyzes major product groups including cameras, recorders and monitors. The report provides an extensive review of market trends, drivers, players and competition. The report also offers profiles of leading players and presents recent developments, mergers, acquisitions, as well as other strategic industry activities. Detailed analysis is provided for major geographic markets including United States, Canada, Japan, France, Germany, the UK, Italy, Spain, Russia, Asia-Pacific, Latin America and rest of world.

For more details about this research report, please visit http://www.strategyr.com/MCP-1459.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR.com
Web Site http://www.StrategyR.com/

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