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The IP Camera Market: Future Outlook and Product Strategies of Global and Taiwanese Makers
MIC Market Intelligence Center
Management Report January 2008
With security management demands from public areas, military organizations, stores and schools, the video security surveillance market started to grow in the 1970s. Especially after nations such as the US, Thailand and the UK were the targets of terrorist attacks, the global video security surveillance market experienced strong growth. It is expected that by 2011 the global market for CCTV and video surveillance systems will be worth US$9.35 billion, with a CAGR of 11.3% from 2007 to 2011. In addition, as broadband providers and system integrators develop their products and services in combination with security surveillance equipment and as services such as security surveillance and remote health care become more focused on communities and households, IP cameras have become very important devices and represent an area full of opportunities. This report analyzes current and future IP camera market development, technology trends, and global and Taiwanese makers' product strategies.
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