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Article: ABI Research: Video Surveillance Market Maintains 10% Growth Despite Recession
- Article from:
- Wireless News
- Article date:
- April 7, 2009
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Wireless News
04-07-2009
ABI Research: Video Surveillance Market Maintains 10% Growth Despite Recession
Type: News
The global economic downturn has slowed the expansion of video surveillance markets in 2008 and 2009, according to ABI Research, a provider of in-depth analysis and quantitative forecasting of emerging trends in global connectivity.
But they have nonetheless posted a healthy 10 percent growth rate which will accelerate - led by the retail and financial segments - as the economy starts to recover in 2010. In the United States, government funding provided through economic stimulus measures will further reinforce shipments and revenues.
"People and organizations are still buying ...