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C&M: Global industry for IP video surveillance to be driven by increase in security concerns
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Global IP Video Surveillance Market 2014-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-18 08:55:02
The Global IP Video Surveillance market is to grow at a CAGR of 24.89 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in security concerns. The Global IP Video Surveillance market has also been witnessing the increasing demand for high-quality images. However, the lack of standardization could pose a challenge to the growth of this market.

In the last few years, there has been a steady demand for high megapixel cameras. As a result, vendors in the Global IP Video Surveillance market have been increasing their high-definition camera product range. Vendors such as Arecont Vision LLC and Avigilon Corp. have cameras with more than 20 megapixels in their product portfolio. In addition, the vast majority of vendors in the market have started offering HD resolution cameras with wide dynamic range and low light capabilities. This is encouraging end-users to invest more in advanced security systems.

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