Noida, UP -- (SBWIRE) -- 10/14/2014 -- Global CCTV market is exhibiting an immense growth with the rising application of CCTV in various sectors such as hospitality, education, retail etc. Among all its components, video analytics has been gaining presence in the market especially for commercial use. Some of the most commonly used types of video analytics professionally deployed are perimeter violation, license plate recognition and people counting, etc. In addition, video analytics technology has matured to point of practicality and is now winning business adoption.

Our research indicates that, on the back of rising concern for security and safety in several of spheres of life, global CCTV market is witnessing a tremendous growth over the past few years. Among all, network (IP) video surveillance technology is bringing a paradigm shift in overall CCTV market with a double-digit rate from the past few years. Countries such as China, Thailand and Malaysia etc. are witnessing a shift towards IP technology and exhibiting a strong growth potential for future. With this, the global CCTV market (including both analog and IP-CCTV) is projected to grow at a CAGR of 14% during 2013-2017.

Our report “CCTV Market Outlook 2017”, provides an extensive research and objective analysis of the CCTV market on globe. The research includes study of CCTV technologies CCTV market with analysis by technology, by components, by regions and by services. Besides that, the report provides a country-level analysis of CCTV market including analysis of market size, player’s level analysis, government initiatives and recent developments. We have considered US, Canada, UK, Germany, Italy, Russia, China, Thailand, Malaysia, Taiwan, India, Latin America and Middle East for our study.

Through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. We have also covered the key developments of these players in the country. Furthermore, to provide a comprehensive knowledge, the research also includes the growth prospects of CCTV in retail, healthcare, transportation, education and banking & finance sector. In a nutshell, the report presents a comprehensive look at the sector’s past, present, and future scenario.

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