Scalper1 News
The market for video surveillance systems is hot thanks to concerns about terrorism and other crimes and the pressures on law enforcement to identify the perpetrators quickly. Case in point: For the Winter Olympics in Sochi, Russia, Panasonic has supplied the largest quantity of security cameras in the history of the Olympic Games. In total, Panasonic has installed 6,903 security camera systems at Olympic facilities there. The Winter Olympics will run from Feb. 7 to 23. The worldwide market for video surveillance gear is expected to grow by more than 12% this year, market research firm IHS (IHS) says. Revenue is expected to rise to $15.9 billion in 2014 from $14.1 billion in 2013. IHS predicts that the video surveillance equipment market will hit $23.2 billion in sales in 2017. “During the past decade, the video surveillance equipment market has grown quickly, expanding at a double-digit rate in most years,”… Scalper1 News
Scalper1 News