Asian Video Surveillance Market ForecastBy: John Honovich, Published on Jan 27, 2010
Frost & Sullivan has released projections and sizing for the Asia Pacific Video Surveillance market. In 2008, Frost estimates total market revenue of $1.21 Billion USD. By 2015, Frost estimates total market revenue to rise to $5.52 Billion USD. This implies an extremely high CAGR of 24.2%. Given the long time frame of this projection and the global economic risks that remain, we think this projection is risky. On the other hand, many are looking for a big growth projection to justify their plans. This is it.
By contrast, In-Stat reports that the 2007 video surveillance market for China was $4.1 Billion USD in 2007 (a seemingly impossible claim).
Also, review a list of top 25 large Asian security manufacturers.
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