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City surveillance equipment 'to become much more widespread in coming years'

City surveillance equipment 'to become much more widespread in coming years'

The international market for electronic security equipment such as CCTV systems for use in city surveillance will more than double from 2012 to 2017[, a new report has suggested.
 
According to the Vertical Insights - Video Surveillance and Security in City Surveillance - World - 2013 Edition study by IMR Research, the growth will be driven in part by the adoption of mobile technology.
 
It is believed that by 2017, wireless infrastructure and CCTV and video surveillance equipment used for city security will reach just over $3.2 billion (£2.09 billion) in worldwide sales - up from $1.4 billion in 2012 and a compound growth rate of 17.8 per cent over the five-year period.
 
"City video surveillance systems have a key requirement to provide clear, useable images so that police departments can conduct effective investigations when needed," said Paul Bremner, market analyst for safe cities and security services at the research firm.

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