Market for CCTV and video surveillance equipment in Russia and Eastern Europe set to double from 2012 to 2017

The market for CCTV and video surveillance equipment in Russia and Eastern Europe is set to reach an impressive $1.26 billion by 2017, up from $581.4 million in 2012, a recent market research report from IMS Research has revealed.

Demand for these high-end video surveillance offerings will increase during the run-up to the 2 major international sporting events set to be held in the region, namely the 2014 Sochi Winter Olympics and 2018 FIFA World Cup.

“Threats from terrorism—especially at high-profile events—serve to heighten security concerns around the world,” said Aaron Dale, analyst for security and fire research at IHS.

“Such concerns lead to an ongoing increase in funding for high-end networked video surveillance equipment, as authorities look to capitalise on the latest advances in technology. Interest exists not just in publicly funded enterprise projects but also in the private sector, particularly in retail and banking.”

In Eastern Europe, network security cameras are estimated to account for 84% of security camera revenue in 2017, while in Russia, network security cameras by 2017 are forecast to account for 81% of security camera revenue. Networked security cameras last year accounted for only 58% of total revenue.

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Plus, beside the actual cameras and infrastructure, our lineup also includes a range of digital video recording solutions and control software, designed to help users easily review CCTV footage, at the best possible quality. Additionally, all of our products are fully compliant with the UK Police Requirements.

If you’d like to find out more about the range of products provided by CCTV Surveillance, just contact our dedicated product team, they’ll be more than happy to answer all of your questions and queries.