SECURITY STATS

ROI vs. security

What will drive mobile surveillance market growth?

May release from IMS Research predicts the global mobile surveillance market, including school buses, city buses, trains, and police cars, will increase by almost 51 percent over the next four years, growing from $375.4 million in

2009 to $565.5 million in 2013.

A

According to report author and market analyst Niall Jenkins, there are two main drivers for the coming market growth: ROI and security. “First of all is the return on investment,” Jenkins said. “Essentially, if you take the bus market for example, if somebody drives into you, or if someone falls over and claims they have a sore neck, and is requiring some compensation, it can prove exactly what happened. You can defend against fraudulent insurance claims.”

IMS Research 2009

Jenkins said while ROI will be the main selling point for investment in the global mobile surveillance market, of equal importance are security concerns. “Security is another big reason for it,” Jenkins said. “You’ve seen the use of it in a number of different post-terrorist attacks, where video from buses and trains were being used.” Jenkins said the threat of terrorism on transport infrastructure would continue to increasingly influence security spending of both government agencies and transport

authorities. SSN

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