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Industrial and Commercial Demand for Surveillance Equipment to Reach $83.8 Billion by 2017
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 governments due to the fact that residential sales depend on growth in disposable income, and growth in that sector continues to slow when 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.
Related areas, such as the overall enterprise IT security market, point to an even larger market. Such expenditures (not included in the $81 billion figure above) amount to about $20 billion per year. The secure content management market, which includes antivirus, web filtering, and messaging security, is an $8 billion-a-year market.
Surveillance and Security Equipment: Technologies and Global Markets will help its readers:
- Determine the status of the surveillance and security equipment in terms of dollar and unit sales
- Classify the surveillance and security equipment by geographical region in terms of dollar and unit sales
- Identify key players and stakeholders in the market through detailed company profiles
- Understand forecasts and trends of the surveillance and security equipment market using 2011 figures and compound annual growth rates (CAGRs) from 2012 through 2017.
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' web site. View the report: "Surveillance and Security Equipment: New Technologies and New Markets".