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European CCTV and Video Surveillance Equipment Markets - European CCTV and Video Surveillance Equipment Markets is part of the Automatic Identification & Security Growth partnership Service
European CCTV and Video Surveillance Equipment Markets

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/05/09 - European CCTV and Video Surveillance Equipment Markets is part of the Automatic Identification & Security Growth partnership Service.

   
 
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In addition, proactive systems capable of performing intelligent analysis are spurring demand for network cameras and recorders. The European CCTV and video surveillance equipment market is relatively the most active segment within the security industry in comparison to other building security equipment, and is characterised by a surge of activity in the IP surveillance domain.

A new study from Frost & Sullivan (autoid.frost.com), European CCTV and Video Surveillance Equipment Markets, finds that the market earned revenues of $1.42 billion in 2005 and estimates this to reach $1.94 billion in 2012.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the European CCTV and Video Surveillance Equipment Markets, send an email to Michael Banks, Corporate Communications, at michael.banks[.]frost.com with your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information by email upon receipt of the above information.

IP-based video surveillance systems are enjoying huge publicity, with every business thinking of or already incorporating network-based solutions into their surveillance systems. These systems are considered more or less as a commodity, with customers beginning to regard them as the most effective way to deter the growing levels of crime. As a result, the market is witnessing a major technological transition towards network-enabled surveillance solutions.

“More than any other factor, the unnoticed breaches in security, followed by the subsequent loss of either personal or sensitive data, have heightened the need for CCTV and video surveillance solutions as part of security systems in every organisation,” says Frost & Sullivan Research Analyst Archana Umesh Rao. “Across Europe, it is evident that awareness levels of the need for video surveillance are at an all-time high, following acts of terrorism, vandalism and violence.”

In this situation, CCTV and video surveillance systems capable of capturing, transmitting and recording real-time data are seen as the only solution to deter crime. However, at present, the difficulty in convincing resellers and end users to follow the market trend towards IP technology is slowing down the migration to network-based solutions.

“A strong analogue market, followed by years of experience of security companies in offering traditional CCTV in Europe is on a high growth trajectory, with rising awareness and adoption of IP solutions acting as major drivers bolstering growth. CCTV products, is rendering it difficult for manufacturers to make installers look beyond what they have been offering up to now,” explains Rao. “As a result, educating end users and installers, as well as making them aware of the huge benefits and the return on investment for network solutions should remain a key focus area for market participants.”

In addition, eliminating scepticism towards possible data tampering and network availability will help to further reinforce end-user confidence in video surveillance solutions.

European CCTV and Video Surveillance Equipment Markets is part of the Automatic Identification & Security Growth partnership Service, which also includes research in the following European markets: fire detection equipment, residential security and industrial and commercial security. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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European CCTV and Video Surveillance Equipment Markets

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