Saturday, June 28

Watch This Space: Video Surveillance Software Revenue to Grow Fourfold by 2013

Watch This Space: Video Surveillance Software Revenue to Grow Fourfold by 2013: "A new study from the firm forecasts a nearly fourfold increase in revenue from video surveillance software between now and the end of 2013, rising from about $245 million to more than $900 million.

In fact, surveillance software has a myriad uses. The homeland security applications are self-evident, but it is also starting to be used in marketing, to identify customer's 'eyeball connections' with products and analyze their retail behavior. In a retail environment it can also analyze customer traffic patterns, helping to improve store layouts. ABI Research expects the retail market segment to grow exponentially. Casinos are also using it to keep staff from restricted areas."

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