Estimates reveal that the total Northeast Asia video surveillance market was valued at US$525.3 million in 2010. The market comprises two mature countries - Japan and South Korea, in terms of video surveillance prevalence, and continues to grow at a compound annual growth rate (CAGR) of 20.3 percent. This can be attributed to various mandates in these countries, falling prices of IP video surveillance, initiation of a number of large-scale security projects and, most importantly, government support for these projects. read more
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