Video Surveillance Software Market: En Route Success

RNCOS: Video surveillance technology, employed Initially for reporting and monitoring everyday law violations, has evolved into security gadgetry against the brutal face of modern terror campaigns. With galore instances of bombing and increased criminal activities, the demand for access control technologies and video surveillance systems like closed-circuit televisions are going to increase by leaps and bounds.

In London, surveillance video networks set up to monitor the activities of the Irish Republic Army, proved crucial in tracking down terrorists involved in 7/7 bombings. In the U.S the numbers of video surveillance systems in use for law enforcement purposes are the highest.

Development of network-based systems, namely local area network, wide area network and the world Wide Web is instrumental in propelling the demand for video surveillance software and cutting edge technology. The move is towards active intelligent technology providing real-time detection, remote accessibility, cost effectiveness and reduced human intervention.

Analysis of CCTV market and a view of the global surveillance software market, highlighting the prospects and the opportunities in this rapidly changing sector. By the end of 2004, the global CCTV market size was evaluated to be around $ 154 million and is expected to grow to a massive $671 million by 2011. There’s immense scope for intelligent surveillance products with demand likely to follow a compound annual growth rate of around 24 % for the period up to 2011.

CCTV Market Update (2006-2007 Publ 20060701