StockGuru Blog: China Wireless Communications (CWLC) – Video Surveillance Growth Business in Growth Country: China
Stock GuruProfile - News - Blog Digital, fully networked systems have driven the expansion into video surveillance. It’s here and video surveillance is part of that package. China is the logical location for intensive video surveillance. This country with a one party government is able to rely on video surveillance for law enforcement to a much greater extent than a democracy. AND THEY DO. Global video surveillance camera revenue is forecast to grow to more than $9 billion by 2011, maintaining a compound annual growth rate (CAGR) of 13.2 percent, up from $4.9 billion in 2006. It is estimated that…