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Growth Prospects for the Security Systems Market in Germany - Against the backdrop of increased security threats and infringement, businesses across the globe are demanding highly reliable and active access control technologies and security surveillance systems.
Growth Prospects for the Security Systems Market in Germany

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2006/10/26 - Against the backdrop of increased security threats and infringement, businesses across the globe are demanding highly reliable and active access control technologies and security surveillance systems..

   
 
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According to Frost & Sullivan, the combined size of industrial and commercial security market is one of the largest in Europe along with France and the United Kingdom. Technological developments and increased security threat is fuelling the demand for access control technologies in a host of other sectors.

Security installers widely believe that even though Germany has highly advanced security systems, businesses are highly susceptible to security lapses and infringement.
While the major chunk of the time is spent on installation of new security equipments, repair, maintenance, and replacement of equipments are also given importance for improving product efficiency and reliability.

RNCOS' report, "Access Control Technologies and Market Forecast World Over (2007)" figures out that in 2003, the market volume for access Control security technologies in Germany grew by approximately 2.1 %.

Access control responded to significant increase of demand with a growth rate of more than 4 % to reach 177 million euros. The share of Hold-up and intrusion detection systems however, saw a decline of 3.2 % or 602 million euros.

The highlights of the report includes the following:

- Analysis of the Access control market by segments.
- Analysis of the market drivers and plausible barriers.
- Contribution of biometric systems based on size, sales and geographical locations.
- Expansion of smart cards usage and its advantages.
- Implementation of the security systems worldwide and benefits.
- The significance of the security sector in the private, public and national domains.
- Market growth and future forecast of Access control technology.

The report, "Access Control Technologies and Market Forecast World Over (2007)" provides an in-depth analysis of the evolving technologies, growth prospects and challenges of the access control and security surveillance technology market worldwide.

About RNCOS

RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

 
 
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Growth Prospects for the Security Systems Market in Germany

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