LONDON, April 22 /PRNewswire/ --
The current economic slow down and fear of recession have resulted in restricted budgetary allocations for intrusion detection in commercial as well as residential sectors across Europe. However, the need for security and falling prices will sustain demand for wireless-based intrusion detection systems across Europe.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)
New analysis from Frost Sullivan (http://www.autoid.frost.com) Opportunities in the European Intrusion Detection Systems Markets, finds that the market earned revenues of euro 1,088.1 million in 2007 and estimates this to reach euro 1,271.6 million by 2014. The commercial and residential application sectors are covered in the research.
IP-based alarm transmission and wireless solutions will pave the way for future growth in the intrusion detection systems market, notes Frost Sullivan Senior Research Analyst Archana Rao. Declining prices and heightened awareness about the benefits of wireless systems are supporting wider adoption levels and changing the end-user perceptions for these systems.
Wireless systems, combined with IP-based alarm transmission, have made tremendous inroads into the residential sector. The widespread presence of broadband, coupled with greater awareness, has improved the acceptance of wireless intrusion systems across Europe.
However, the prevailing economic downturn and a negative construction outlook have resulted in a tightening of security spending budgets of both commercial and residential end-users. Archana Rao comments: Market maturity, combined with the economic recession is making price the key differentiating factor among suppliers in the marketplace.
Despite the current challenges, the outlook for the market is optimistic. The basic need for security to address crime during periods of recession will maintain a steady source of revenue for intrusion systems manufacturers. Rao concludes by saying: Companies offering better value for money through technologically advanced features and greater end-user and channel support will survive the recession.
If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska@frost.com , with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by e-mail.
Opportunities in the European Intrusion Detection Systems Markets is part of the Automatic Identification Security Growth Partnership Service programme, which also includes research in the following markets: European Access Control Equipment Markets, North American Integrated Security Software Management Systems Markets, North American Network Video Surveillance Camera Market, Physical Security Solutions in Banking Finance and Physical Security Solutions in Retail. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
About Frost Sullivan
Frost Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
GIL 2009: Europe
Frost Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Joanna Lewandowska, Corporate Communications for Frost Sullivan in Europe, at Joanna.lewandowska@frost.com. One-on-One interviews with Frost Sullivan senior growth consultants are also being scheduled. For more information you can also visit www.frost.com/gilglobal.
Opportunities in the European Intrusion Detection Systems Markets M321 Contact: Joanna Lewandowska Corporate Communications - Europe P: +48-22-390-41-46 E: joanna.lewandowska@frost.com
Joanna Lewandowska, Corporate Communications - Europe of Frost Sullivan, +48-22-390-41-46, joanna.lewandowska@frost.com / Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
Comments