Research: IP Video Surveillance Market Defies Downturn, Grows 15 Percent In 2009

  • Jan 12, 2010

The latest data from IMS Research suggests that the global video surveillance market will increase by 3 percent in 2009. This figure is significantly lower than historical market growth and is reflective of the severe impact of the economic slowdown on the video surveillance industry.

“The economic downturn has undoubtedly impacted global video surveillance growth in 2009, but the market for IP video surveillance equipment continues to grow strongly.” IMS Research analyst Gary Wong said. “While the global market for analogue video surveillance equipment will be effectively flat in 2009, the growth rate for global IP video surveillance equipment is likely to exceed 15 percent.”

This growth forecast is corroborated by recent third quarter financial updates from a number of publically traded IP video surveillance firms, and data reported to IMS Research’s quarterly network camera tracking service.

The quarterly tracking data shows strong growth in the Americas market for IP video surveillance equipment, with the region on course to meet IMS Research’s growth forecasts for 2009 and 2010.

“Nascent markets for video surveillance equipment which have embraced IP video surveillance technology will significantly outperform global market growth in 2009 and will continue to thrive in 2010,” Wong said.

The Middle East is a prime example of a relatively immature video surveillance market that has experienced strong IP video surveillance adoption. The rapid growth of IP video surveillance in the Middle East can be partially attributed to the vast number of greenfield projects.

Security consultants and integrators operating in the Middle East are generally more IT savvy than their European and U.S. counterparts; another key factor driving IP video surveillance growth in the region.

IMS Research’s forthcoming “Middle East CCTV and Video Surveillance -- 2009 edition” discovered that while some areas within the Middle East region -- in particular Dubai -- have been heavily affected by the economic downturn, the impact has been restricted to certain market verticals, and the region as a whole is forecast to grow strongly through 2010.

Featured

  • Pragmatism, Productivity, and the Push for Accountability in 2025-2026

    Every year, the security industry debates whether artificial intelligence is a disruption, an enabler, or a distraction. By 2025, that conversation matured, where AI became a working dimension in physical identity and access management (PIAM) programs. Observations from 2025 highlight this turning point in AI’s role in access control and define how security leaders are being distinguished based on how they apply it. Read Now

  • Report: Cyber Attackers Continue to Turn to AI-Based Tools to Avoid Detection

    Comcast Business recently released its 2025 Cybersecurity Threat Report, a comprehensive analysis of 34.6 billion cybersecurity events detected between June 1,2024 and May 31, 2025. Now in its third year, the report offers business leaders a unique perspective into the evolving threat landscape and provides actionable insights to help organizations strengthen their defenses and align cybersecurity with business risk. Read Now

  • Axis Communications Creates AI-powered Video Surveillance Orchestra

    What if cameras could not only see the world, but interpret it—and respond like orchestra musicians reading sheet music: instantly, precisely, and in perfect harmony? That’s what global network technology leader Axis Communications set to find out. Read Now

  • Just as Expected

    GSX produced a wonderful tradeshow earlier this week. Monday was surprisingly strong in the morning, and the afternoon wasn’t bad at all. That’s Monday’s results and asking attendees to travel on Sunday. Just a quick hint, no one wants to give up their weekend to travel and set up an exhibit booth. I’m just saying. Read Now

    • Industry Events
    • GSX

  • NOLA: The Crescent City

    Twenty years later we finds ourselves in New Orleans. Twenty years ago the aftermath of Hurricane Katrina forced exhibitors and attendees to look elsewhere for tradeshow floor space. Read Now

    • Industry Events
    • GSX
Most   Popular

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.