Theft and fraud at American stores alone results in losses of approximately $45 billion per year. Consequently, security applications comprise the largest segment of the surveillance equipment market. But not all surveillance directly relates to security. Surveillance techniques and equipment have been deployed for damage detection and structural health monitoring systems in aerospace, automotive, naval, civil, or other applications. Advances in imaging devices, lower-cost video, and enhancements in storage will drive steady growth in this market over the near term.
BCC Research provides an in-depth analysis of the global surveillance equipment market through its report Surveillance and Security Equipment: Technologies and Global Markets. According to the report, this market was valued at $80 billion in 2011 and reached $81.3 billion in 2012. BCC Research projects the market to grow to $127.6 billion by 2017, and register a five-year compound annual growth rate (CAGR) of 9.4% from 2012 to 2017.
Use this report to:
- Gain an overview of the global market for surveillance and security equipment.
- Understand related areas, such as the application of nanotechnology to sensors and the development of large-scale storage databases.
- Identify current and future technologies, products, market segments and end markets, and government and regulatory agencies.
- Review comprehensive company profiles of major players in the industry.
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