28/09/2010
Video surveillance market in Russia to return to normal in 2010
Wellingborough, Northants (UK)
William Rhodes, Research Analyst and report author comments, “The Russian Railways Company’s pledge of $100 million for video surveillance cameras across its network, the 2012 APEC Summit, and the 2014 Sochi Winter Olympics; will all drive the Russia video surveillance equipment market in the coming years. Many new video surveillance equipment installations are also likely in the coming months and years with increases in government spending due to rising gas and oil prices.”
For video surveillance equipment vendors looking to succeed in Russia, Rhodes suggests the following, “Local support in Russia can help overcome cultural and language barriers, being able to offer local technical support is a critical success factor in this market. As in the case with most markets, but particularly important in Russia; partnerships with consultants and systems integrators are also critical to success in Russia. They can aid with the complex legal system and help specify vendors’ equipment on project tenders.”