Asia Set to Drive Global CCTV Market

The Asian CCTV market is expected to grow at a CAGR of around 28% during 2010-2013 and capture more than 53% share of the global CCTV market by 2013.

Online PR News – 14-June-2010 – – As per our recent research report “Global CCTV Market Analysis (2008-2012)”, the CCTV market has rapidly expanded over the past few years and gained great importance at the global level. It is expected that the CCTV market will grow at a CAGR of over 22% from 2010. This growth rate clearly indicates that the global market has immense potential in this field. With the rising security concerns and high economic growth in a number of Asian countries, the Asian CCTV market is projected to grow at a CAGR of around 28% during 2010-2013.

We have analyzed the CCTV market on the basis of Technology, Region and Type. Further, the growth prospects of CCTV in leading countries of the world are evaluated. The report discusses the key CCTV market profiles of Latin America and Middle East. Several countries have also been analyzed in the report such as the US, the UK, Canada, Italy, Germany, Russia, China, Thailand, Malaysia, Taiwan, India and Brazil. We have chosen these countries on the basis of current market trends and future growth potential. Various factors that will drive the IP technology market in coming times have also been covered in the report.

Our report also describes the potential growth areas for the CCTV market along with the major roadblocks. Sectors like retail, transportation and healthcare have immense potential to drive the CCTV market. Along with these factors like Privacy issues and limited capabilities can hinder the CCTV growth in the global market.

“Global CCTV Market Analysis (2008-2012)” is a comprehensive research report that comprises quality research and in-depth analysis of the CCTV industry across the globe. It studies the recent developments in major countries and their impact on the global market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, expected future outlook and all the other factors critical for the success of a new entrant in the CCTV market.

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