In April, UK-based analysts IMS Research revised their forecasts made during late 2008 in which they predicted a 34% growth in the worldwide network video surveillance market. This has now been reduced to 29%, a figure that would still be the envy of just about any other sector in the current climate except perhaps pawnbrokers. The research is supported by ISBG’s own straw polls conducted with integrators.
The Mole’s sources within the installer community report that for every tender that is being shelved or mothballed in the retail and banking markets, a comparable contract is being won on transport, communication and power distribution projects as the government’s Keynesian strategists seek to take up slack from domestic construction and invest in infrastructure.
