Report backs claim that mobile CCTV will be massive

21 May 09

The report from IMS Research forecasts double digit growth in the mobile video surveillance market in transit buses to 2013.

It backs up a claim made at last week’s IFSEC exhibition that the whole mobile CCTV market will be a big potential business area for installers who are looking to widen their business horizons.

At the launch of AD Mobile, it was also claimed that increasing attacks on haulage trucks due to the recession have highlighted a massive potential market in mobile CCTV.

Jeff Berg, who is heading up the AD initiative said: “Installers may be very skilled with putting together a land based system but the whole theory and practice of mobile CCTV is quite different.”

“But installers that can get a grip on that have got a whole new market.”

He said the market wasn’t limited to buses but included trains, taxis, military vehicles and experimental vehicles. Big potential areas were haulage companies and fleet operators, coach and van hire.

Author of the IMS Research report, Niall Jenkins, said: “Historically, the primary market driver for video surveillance in transit buses has been public safety and security, with the threat of terrorism on transport infrastructure influencing the security spending of both government agencies and transport authorities.

“While this is still an important consideration, the return on investment from defending fraudulent insurance claims is often the over-riding factor in the decision to install video surveillance”.

Jenkins continues, “In the current economic climate where budgets are tight, showing a clear return on investment can make all the difference.

“Transit authorities are using video surveillance to view injuries sustained during collisions to asses whether they are genuine or not. Video surveillance is also being used to identify blame during vehicle collisions.

“If transit authorities can prove that the claim is not genuine and avoid paying compensation then the cost savings can be significantly higher than the initial cost of the video surveillance equipment. This makes the decision to install surveillance much easier to justify”.

Go to www.imsresearch.com for more information on “The World Market for Mobile Video Surveillance Equipment – 2009 Edition”

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