Security and safety concerns are increasing with the changing lifestyles, expanding urbanization, increasing crime rate, and above all increasing terrorism across the globe. With latest advances in the technology, the significance of security and surveillance systems have changed as people are realizing the benefits derived from it. According to the latest IMS Research report, worldwide market for video surveillance equipment will grow more than 12 percent in 2012 despite the weak and uncertain economic environment.
The global market will be driven by strong demand for video surveillance solutions in the BRIC (Brazil, Russia, India and China) countries. Over the past few years, video surveillance technology has evolved from being just a security tool to a tool for monitoring things like quality of service, pilferage, MIS and customer response. Besides security, the use of surveillance as a tool for increasing business efficiency has also increased.
