Research: World CCTV Market to Grow 37 Percent by 2009

Get ready for continued growth in video surveillance. Research and Markets, a technology research firm based in Ireland, released a report this morning that looks at the world video surveillance market.

The report, which is typically marketed to large national dealer/integrators and product manufacturers, indicated that the world market for video surveillance equipment will like expand by 37 percent in the next three years. Researchers credited the potential growth in the industry to not only continued concern over terrorist acts, but to the looming possibility of video surveillance upgrades as businesses and organizations make the switch from analog video to IP-based systems.

Also reviewed in the report is Russia's broadband industry and its relevance to CCTV gains. The report also examines how integration of systems affects the market for CCTV.

More information on the report is available at Copies of the research start at a cost of 1,284 Euros.