Posts Tagged ‘surveillance’
A recent report from Frost & Sullivan, “North American Physical Security Solutions for Mass Transit Market,” reports an area of growth opportunity for integrators of physical security solutions in securing the nation’s mass transit networks. The market earned revenues of $.49 billion in 2009 and Frost & Sullivan estimates that amount will triple, reaching $1.57 billion in 2016. However, analysts warn growth could be hampered a lack of government mandates.
The market for CCTV and video surveillance equipment in Latin America was estimated to be worth just under $300 million in 2009. The market is forecast to grow at a compound annual growth rate (CAGR) in excess of 15.0% over the forecast period, according to IMS Research.
Where are you using IP technology the most? Have you added IT/networking expertise to your staff? When you evaluate a manufacturer, how important are their IP offerings?
A report released by ABI Research predicted significant growth in surveillance software revenue, from $245 million in 2008 to $900 million in 2013. Analytics are a significant driver to this market, said Stan Schatt, vice president at ABI Research.