subject: Surveillance And Security Equipment Technologies Look To Drive Into New Markets [print this page] Surveillance and Security Equipment: New Technologies and New Markets
The global market for surveillance and security equipment is an estimated $80 billion in 2010, but is expected to increase to $139.2 billion in 2015, for a 5-year compound annual growth rate (CAGR) of 11.7%. The largest segment of the market, industrial/commercial equipment, is expected to reach $94 billion in 2015, after increasing at a CAGR of 13% from the estimated 2010 value of $51 billion. The military/government segment is estimated to be worth $10 billion in 2010, and is expected to grow at a CAGR of 10% to reach $16.1 billion in 2015. The segment made up of all other equipment is projected to increase at a CAGR of 9%, from $18.9 billion in 2010 to $29.1 billion in 2015. ( http://www.bharatbook.com/detail.asp?id=144958&rt=Surveillance-and-Security-Equipment-New-Technologies-and-New-Markets.html )
This report analyzes the burgeoning market for new technologies that are used in surveillance and security applications. In this report, surveillance is broadly construed and includes any type of sensing, and often recording, of people or property.
In most current applications, surveillance equipment is deployed for security purposes that is, for the protection of people and property. The predominance of the security application is due to the fact that, in American stores alone, losses due to theft and fraud amount to approximately $45 billion per year. But not all surveillance involves the security of people and property; thus, some of the surveillance techniques and equipment discussed in this report have been deployed for damage detection and structural health monitoring systems in aerospace, automotive, naval, civil or other applications.
Examples of types of systems for which we measure market sales are video-camera systems and security cameras, image-surveillance and retrieval systems, video-storage systems, VoIP surveillance and interception in law enforcement, electronic article surveillance (often carried out via anti-theft tags and RFID), automated remote home monitoring (via Internet), satellite GPS surveillance, traffic-surveillance systems, and specialized surveillance sensors and detection devices, many of which are deployed to monitor property or equipment.
This study will be particularly useful for exporters, market strategists, researchers, and any business professional involved with the development of security and surveillance markets. It will also be of value to potential investors and members of the general public interested in acquiring a business-oriented view of a significant sector of the economy. The projections, forecasts, and trend analyses found in this report provide readers with the necessary data and information for decision-making.
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