IP Takes Hold?

IMS Research, a U.K.-based supplier of market research and consultancy services for a wide range of global electronics markets, recently reported that IP video surveillance is outperforming global video surveillance growth in 2010.

The firm’s latest report, “The World Market for CCTV and Video Surveillance Equipment – 2010 Edition” forecasts that the world market for video surveillance equipment will recover surprisingly quickly in 2010, growing by more than 9 percent compared to 2009.
 
“While the economic downturn did impact the global video surveillance equipment market in 2009, fiscal stimuli from governments and the inherent demand for video surveillance equipment mitigated the magnitude of the impact,” said report author and IMS Research analyst Gary Wong.

IMS found that the impact of the downturn was more profound in the analog video surveillance equipment market than in the network video surveillance market; end-user verticals that are analog-centric were among the most heavily affected by the downturn. The accelerated adoption of network video surveillance solutions further impacted the sales of analog video surveillance equipment in 2009.
 
The global analog video surveillance market is forecast to shrink by more than 5 percent in 2009, but the network video surveillance market grew by more than 18 percent. The introduction of HD network cameras and the growing adoption of ONVIF and PSIA standards are only helping the growth of IP.

Strangely enough, it may be the economic recession that finally tips the scales in favour of IP dominance. As businesses slowly recover from last year’s low-point, they seek security solutions and products that will be as scalable and future-proof as possible, to help save money down the road.

However, analog isn’t going anywhere yet. In the report, IMS acknowledges that analog video surveillance equipment still represents the majority of annual unit shipments and that its demand shows no signs of disappearing in the foreseeable future; however, the market for analog video surveillance products is expected to become increasingly commoditized.

Megan Weadock is the print managing editor of Security Products.

About the Author

Megan Weadock is a communications specialist at Monitronics.

Featured

Most   Popular

New Products

  • 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.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation.