Wednesday, February 27, 2013

Commercial and Industrial Sales Driving the Surveillance Equipment Market

The total global surveillance and security market generates revenues of approximately $81 billion per year. Individual country markets are growing in the range of 7% to 9% per year depending on the exact locale. The three major end-user segments for equipment are industrial and commercial purchasers ($52 billion per year); noncommercial applications, which consist of principally equipment sales for residential surveillance and security ($19 billion per year); and military/government (nearly $11 billion).

Equipment sales to industrial and commercial users are growing the fastest due to the potential for economic savings due to less theft. Equipment adoption in industrial/commercial settings is also being spurred on by the fact that equipment is becoming much more sophisticated and capable, so the value to the enterprise is becoming clearer. Sales to the residential sector are growing slightly slower than sales to government due to the fact that residential sales depend on growth in disposable income and growth in that sector continues to slow compared historically, particularly in Europe during the early years of this report's forecast period. Government and military expenditures are not nearly as constrained, and growth there is also being driven by the simple fact that surveillance technologies have become so sophisticated, and thus efficacious, that somehow room in budgets is made for them.

This report provide: 
  • An overview of the global market for surveillance and security equipment.
  • Discussion of related areas, such as the application of nanotechnology to sensors and the development of large-scale storage databases.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

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