Report Provides Electronic Surveillance Market Outlook

Sep 11, 2007 3:39 PM

In the wake of increasing security threats and global terrorism, the market research report "Global Electronic Surveillance Market Outlook", published by research firm RNCOS this month, provides an in-depth study of the current market trends, evolving technologies and growth prospects of the electronic surveillance and security surveillance technology market worldwide.

The report aims to help clients analyze new opportunities critical to the success of the electronic surveillance technology industry at a global level. Detailed data and analysis provided in the report will help potential investors to navigate through the evolving market.

Key findings of the report, which covers the global biometric, CCTV and RFID industries include:
* In Europe, the UK remains the leading market for the CCTV industry. Security and safety applications accounted for the majority of the market share while the other applications, such as traffic control and monitoring of industrial plants, had relatively smaller share.
* Security and safety along with government support remains the largest driving forces for the global electronic surveillance technologies.
* In the biometric industry, fingerprint recognition remains the largest revenue generator, although its share has declined in overall revenue terms.
* The global CCTV market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 12.4 percent for the period spanning from 2005 to 2008. However, the global demand for conventional CCTV systems is showing a downward trend with the escalating demand for IP-based CCTV surveillance.
* At the country level, Japan remains the largest player in CCTV market, and it is among the largest markets for biometric application in ATM.
* The RFID industry is expected to represent a CAGR of more than 19 percent for the period from 2007 to 2016. The driving factors include various initiatives that worldwide countries are assuming in order to get benefits from RFID technology.

The report also covers other key issues such as:
* What are the various technologies in global electronic surveillance industry, and what are their respective market values?
* How is the electronic surveillance technology market growing presently?
* What is the outlook of the electronic surveillance technology at country level?
* What opportunities exist for the manufacturers at a global level?
* What are the major driving forces and challenges for the industry?
* Overview of the global electronic surveillance market.
* Analysis of the electronic surveillance market by segments.
* What is the future potential for the industry?

Information in the report was compiled from books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments and access to more than 3000 paid databases.

For a copy of the report, click here.

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© 2008 Penton Media Inc.

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