The frightening terrorist attacks in Mumbai in the last week of November have shivered India and the world. Two of the country’s landmark hotels, Oberoi (Trident) and Taj, and the center of the Jewish community in the city, Nariman House, were the targets of terrorist activities. The operation lasted for about three days and Mumbai saw several grenade blasts, fires, firings, and hundreds of people losing their life during these barbarous activities.
“This is not the first time that India has been threatened by terrorism. Security remains critical in the wake of the terror attacks. There is a clear need to upgrade to modern and hi-tech security equipments at the country’s coasts, airports and the hotels, as it could save many lives and millions of dollarsâ€, says an analyst at RNCOS.
India’s safety and security market is currently valued at around US$ 500 Million and is growing at double-digit growth rate. Video surveillance market (or CCTV) accounts for nearly 30% of this total, says “Global CCTV Market Analysis (2008-2012)â€, our new report. It projects the Indian CCTV market to more than double by 2012, largely driven by rapidly evolving security needs across various segments, such as retail, banking and finance, aviation, and transportation.
Besides India, “Global CCTV Market Analysis (2008-2012)†gives an in-depth research and quality analysis on the global CCTV market by studying its present performance and future prospects. It provides a rational evaluation of the global CCTV market by focusing on regions like North America, Europe, Asia-Pacific and rest of the world. Also, the report features profiles on countries like the US, Canada, Mexico, the UK, Germany, Russia, France, Japan, Hong Kong, the Philippines, China, Thailand, Malaysia, Vietnam, Singapore, Indonesia, Taiwan and Australia.
The research report gives forecast on CCTV market by technology & region, IP camera market, CCTV semiconductor market, retail sales, and video surveillance software market. It helps clients in identifying the emerging trends, evolving technologies, key opportunities, and challenges vital to the success of the CCTV industry across the world.
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
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