CCTV Sales Going Through the Roof
If you are looking for a way to monitor your home and keep yourself and your assets safe and secure, CCTV security surveillance is the way to go. At first, it seemed that only businesses and lavish homes and people relied on security cameras to monitor their safety, but according to a recently released financial report, the video surveillance market has seen a very significant growth in the financial markets. It seems as though everyone is finally catching on and understanding that there is no better way to keep yourself safe and insecure at your home or business. The result of this increased demand for high quality CCTV security equipment has resulted in a huge opportunity for the manufacturers of CCTV equipment. There are many types of CCTV cameras and equipment available for people on every level, from the wealthiest businessmen and entrepreneurs to small families who only want to feel safe in their homes.
According to the financial report, CCTV cameras are the biggest sellers, with people relying on the various types of cameras to fit their applications and unique needs. However, this same report states that as network IP cameras are becoming increasingly popular with their ability to be monitored at any time through remote viewing, they will be the dominant force on the market by the end of 2014. With an network IP camera, people can monitor their homes and businesses from anywhere in the world using remote viewing technology, which allows the user to view the cameras through an online website using a computer or even a smartphone. On the technical front, IP Storage Area Network is gaining momentum over digital and network video recorders for storage as it offers improved scalability, storage capacity, and retention. Also, it should be noted that many city governments, like in London, England, or New Dehli, India, are now relying on CCTV security surveillance to monitor activity throughout the whole city, which allows for the capture and reduction of crime.
CCTV systems are being extensively utilized in the transportation sector to manage traffic flow and enhance highways safety, and they continue to play a significant role in retail sector for valuable management information. On observing the latest trends in the global CCTV market, we found that cloud-based video surveillance, also known as video surveillance as a service is the coming generation of video surveillance. Besides, the study divulged that High Definition and megapixel cameras are fast penetrating the market, and gigapixel cameras are the next big things.
The region-level analysis, carried out in “Global CCTV Market Forecast to 2014”, revealed that Asia and Middle East will gain significant share in the global CCTV market by 2014-end, capturing around one-fourth share. India and China with their huge population base will be the key drivers in the Asian market. The report also discusses the CCTV market in major countries like the US, Canada, the UK, Italy, Germany, and Russia, among others, and presents forecast for almost each nation. We have chosen these countries for the purpose of our study, keeping in view the current market trends and growth potential.
The report also covers the profiles of key players like Honeywell and Bosch, among others present in the CCTV global market. Overall, the comprehensive research aims at providing an unbiased picture of the global CCTV industry to help clients understand the market dynamics and make sound investment decisions accordingly.