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Surveillance Booms

Photonics Spectra
Jun 2000
Business Communications Co. Inc. of Norwalk, Conn., predicts that the visual surveillance market in the US will display an annual growth rate of 10.7 percent and reach $4.3 billion in 2004. The increased application of CCTV systems in homes and schools will power overall growth.

Nearly a third of US businesses currently employ CCTV systems for security and surveillance. The sector, which posted sales of more than $2 billion in 1999, is expected to grow annually by 11.8 percent and to reach nearly $3.6 billion in 2004.

The company estimates that sales of night-vision devices totaled $560 million in 1999. Annual growth of 6 percent is expected to push that number to $750 million in 2004.

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