The growing need for hi-tech and advanced surveillance systems has been resulting into more enhanced and cost-effective solutions in terms of technology as well as storage, says their new report "Global CCTV Market Analysis (2008-2012)". With this, the vigorous growth in the IP video surveillance camera market is also benefiting the manufacturers, vendors and service providers in the market globally.

In order to gain extensive insight of the current and future market trends and developments, they have done thorough analysis of the CCTV market across the world. Their research has found that currently, the conventional CCTV camera market constitutes a majority of CCTV camera revenues. However, the future of IP-based CCTV camera remains a bright market for that is projected to grow at a CAGR of around 35%-40% for the next few years. On the other hand, the market for conventional CCTV cameras will start depicting downward in terms of both market share as well as annual growth rate.

"With the increasing cases of burglaries, thefts, frauds and scandals globally, CCTV systems are being widely used by different fields such as transportation, retail and government, thus opening huge opportunity for the manufacturers of IP video cameras, IP video servers and NVRs worldwide", says a Sr. Analyst at RNCOS. "In line with this, our research also briefs the technology-wise breakup of video surveillance equipment market through 2012. The market comprises of various segments including conventional PC Card DVRs, Embedded DVRs, Embedded NVRs, and Hybrid NVR/DVRs."

RNCOS research has made a detailed analysis of the factors which are propelling the growth of IP based CCTV camera market worldwide. Besides this, the report also provides reason based analysis of the projected growth in deployment of IP-based surveillance systems across various regions over the forecast period. It predicts the future direction of the market that is based on the growth of base drivers, like security needs and technological developments, thus helping the clients to analyze the opportunities and factors critical to their market success.

More information about the report can be found at http://www.rncos.com/Report/IM134.htm