According to the latest report of IMS Research, a well-known market research organization, “Global Video Surveillance Equipment Market-2011 Edition†shows that although the global economy is still suffering from the aftermath of the continuous economic recession, the global video surveillance market still has a strong growth rate compared to 2010. The growth rate is expected to exceed 10%. The main source of this strong growth is the sales of network video surveillance equipment.
According to Gary Wong, Senior Analyst and author of the report, “When the global market for analog video surveillance equipment fell into a slump in 2010, the online video surveillance market showed a three-fold growth rate, exceeding 30 percent. %.†Wong continued, “If China’s analog video surveillance equipment market is excluded, the global analog surveillance market will be worse than it is now.â€
The two key factors that simulate monitoring the market into recession are: 1. Large enterprises choose network video surveillance solutions; 2. The low-end analog monitoring equipment is homogenous and the price competition is fiercer. The growth of the network video surveillance market is mainly due to government-led projects and high-end network video surveillance applications such as high-definition surveillance.
IMSResearch expects that the growth of the network video surveillance market and the decline of the analog surveillance market will be completed in 2014, with the end of network video surveillance beyond analog surveillance. However, it must be mentioned that in 2014 analog cameras may have surpassed IP cameras in their vendors.
The latest report from IMS Research, the market research organization, “Global Video Surveillance Equipment Market-2011 Edition†has more detailed forecasts for analog video surveillance equipment, network video surveillance equipment and other related topics. IMS Research also provides local video surveillance equipment market analysis and outlook for different countries and regions. These countries and regions include China, Eastern Europe and Russia, Latin America, Southeast Asia, India and the Middle East.
According to Gary Wong, Senior Analyst and author of the report, “When the global market for analog video surveillance equipment fell into a slump in 2010, the online video surveillance market showed a three-fold growth rate, exceeding 30 percent. %.†Wong continued, “If China’s analog video surveillance equipment market is excluded, the global analog surveillance market will be worse than it is now.â€
The two key factors that simulate monitoring the market into recession are: 1. Large enterprises choose network video surveillance solutions; 2. The low-end analog monitoring equipment is homogenous and the price competition is fiercer. The growth of the network video surveillance market is mainly due to government-led projects and high-end network video surveillance applications such as high-definition surveillance.
IMSResearch expects that the growth of the network video surveillance market and the decline of the analog surveillance market will be completed in 2014, with the end of network video surveillance beyond analog surveillance. However, it must be mentioned that in 2014 analog cameras may have surpassed IP cameras in their vendors.
The latest report from IMS Research, the market research organization, “Global Video Surveillance Equipment Market-2011 Edition†has more detailed forecasts for analog video surveillance equipment, network video surveillance equipment and other related topics. IMS Research also provides local video surveillance equipment market analysis and outlook for different countries and regions. These countries and regions include China, Eastern Europe and Russia, Latin America, Southeast Asia, India and the Middle East.
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