The tipping point

September 2011 News, CCTV, Surveillance & Remote Monitoring

IMS Research’s latest report, ‘The world market for CCTV and video surveillance equipment – 2011 Edition’, estimates that the world market for video surveillance equipment continued to achieve strong growth in 2010, in excess of 10% on the previous year, despite the persistent after-effects of the global economic downturn.

This growth was predominantly driven by sales of network video surveillance equipment.

According to senior analyst and report author, Gary Wong, “Whilst the global analogue video surveillance equipment market was relatively depressed in 2010, the network video surveillance market has continued to grow almost three times as fast as the total market in 2010, over 30%.” Wong continues, “If the Chinese analogue video surveillance equipment market was removed from the equation, both the EMEA and the Americas analogue markets contracted in 2010.”

Two key factors impacting the decline of the analogue video surveillance market are the large/enterprise tier of the market transitioning to network video surveillance solutions and increasing price competition/commoditisation in the mid-low tier of the analogue surveillance market. Network video surveillance growth continues to be bolstered by the trickle-through effect from government stimulus-funded projects and the increasing penetration of higher value network video surveillance products, such as HD cameras.

IMS Research forecasts that the growth of the network video surveillance market and the decline of the analogue market will lead to a transition in 2014, with network video overtaking analogue in terms of sales revenue. However, it should be noted that in terms of shipments, analogue cameras are forecast to continue to outsell network cameras in 2014.





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Avoiding human error at ports
LD Africa Transport (Industry) CCTV, Surveillance & Remote Monitoring Products Logistics (Industry)
LD Africa introduced a local port to the AxxonSoft Port Security System ,a solution that helps overcome the element of human error and eliminate paperwork.

Read more...
Compact, lightweight bullet cameras with support for analytics
Axis Communications SA Products CCTV, Surveillance & Remote Monitoring
Axis Communications announced two new outdoor-ready bullet-style cameras featuring deep-learning processing units for analytics based on deep learning on the edge.

Read more...
Numerous challenges for transport and logistics
Transport (Industry) CCTV, Surveillance & Remote Monitoring Security Services & Risk Management Logistics (Industry)
Operators are making significant investments in automation and digitalisation in order to address security concerns, improve loss prevention as well as efficiency, and reduce unit order costs.

Read more...
Johnny Aucamp joins iPulse exco
News
Johnny Aucamp has joined iPulse Systems as its chief sales officer (CSO), adding a massive boost to the executive team.

Read more...
A key to urban transport challenges
Axis Communications SA Transport (Industry) CCTV, Surveillance & Remote Monitoring Integrated Solutions Logistics (Industry)
There are many enabling technologies that can impact transportation in South Africa, but a good place to start is by considering the applications for smart physical technology with the ability to collect and respond to data.

Read more...
From the editor's desk: Security and resilience
Technews Publishing News
It’s often said that South Africans are a resilient bunch, and history has proven this correct. When it comes to security, both cyber and physical, resilience is key to an effective defensive plan. ...

Read more...
Hikvision aims for solutions
Technews Publishing Hikvision South Africa Editor's Choice CCTV, Surveillance & Remote Monitoring News Integrated Solutions Conferences & Events
Hikvision recently held a roadshow titled Industry X, where the company highlighted its latest products and solutions, supported by partners and distributors.

Read more...
Olarm launches PRO 4G communicator
Olarm News Perimeter Security, Alarms & Intruder Detection Products
Olarm has announced an additional 4G/LTE version of its Olarm PRO smart communicator. It is aimed at areas suffering from poor connectivity by providing support for 4G, 2G and Wi-Fi networks.

Read more...
ADI Expo returns to South Africa
Technews Publishing ADI Global Distribution News
September saw the return of the ADI Expo to South Africa. The Johannesburg event was held at the Focus Rooms and the Durban event, two days later, at the Southern Sun Elangeni & Maharani.

Read more...
Technoswitch Awards dinner for 2022
Technews Publishing News Fire & Safety
Technoswitch hosted its fifth awards dinner at Montecasino in September, where customers and suppliers celebrated a year of success.

Read more...