Global Retail Industry Boosts CCTV Sales
Retail Sector spending on video surveillance to reach US$ 3.8 Billion by the end of 2013, RNCOS identified.
- (1888PressRelease) October 12, 2010 - With the rising awareness of CCTV, the demand for video surveillance equipment from various sectors such as Transportation, Retail, and Healthcare etc. is surging. Among the sectors, total spending on CCTV is led by the retail sector. Shops and stores are very much prone to external crimes such as theft, burglary, robbery and threats, and violence. Internal crime (such as fraud and theft by the employees) is less, but the need for better and enhanced security systems is being felt in the retail segment globally. Owing to this, retailers all over the world are spending huge chunk of money on the installation of video surveillance equipments in their shops. Resultantly, retail spending on video surveillance is forecasted to reach around US$ 3.8 Billion by the end of 2013, says our new research report "Global CCTV Market Analysis (2008-2012)".
Our team of experts has found that the main reason responsible for such a huge demand is the technological innovations in the video equipments, which allows retailers to use different types of modes provided in them. Various other factors, fuelling the demand for CCTV in retail sector have been also discussed in our report.
Our report provides in depth analysis of CCTV market by segmenting it on the basis of technology, region, and type of equipment. CCTV market developments in various countries have also been discussed in our report. The key countries covered in report are the US, Canada, the UK, Germany, Italy, Russia, China, Malaysia, Taiwan, Thailand, India, Middle East, and the Latin America region.
"Global CCTV Market Analysis (2008-2012)" has thoroughly examined current market trends, industrial developments and potential growth areas to enable clients understand the market structure and its progress in coming years. It will help clients to have a proper insight of the current and future outlook of the Biotech market in India. The factors, which can interrupt the growth of the industry, if not considered, are also discussed in our report.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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