According to a recent report issued by research firm Frost & Sullivan, the market for intrusion detection products in Europe is expected to grow over the next several years, despite the global economic slow down.
The report, “Opportunities in the European Intrusion Detection Systems Markets,” says that the market will increase from €1.088M in earned revenues in 2007 to nearly €1.3M by 2014. Analysts credit a drop in prices, as well as an increase in the need for security as factors that will help spur the increase.
"IP-based alarm transmission and wireless solutions will pave the way for future growth in the intrusion detection systems market," said Archana Rao, a Frost & Sullivan analyst who worked on the report. "Declining prices and heightened awareness about the benefits of wireless systems are supporting wider adoption levels and changing the end-user perceptions for these systems."