Worldwide CCTV-Based Applications Market Forecast, 1999-2007

The use of CCTV has gained steady growth around the world. Exceeding $4 billion in 2001, this industry is projected to surpass $9 billion in 2007, and approach $11 billion by 2008.

(Bottom chart) The public use of CCTV has become more commonplace and is being recognized as a valid and useful tool for protecting the populations of many countries. These figures show that, despite the “Big Brother” concern, spending for public surveillance equipment in North America from 2003 on will account for almost half of the world’s spending.

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