News Archive

Camera Forecast

by msecadm4921

In a report on the video surveillance market, IMS Research has revised upwards its forecast for the network camera market

It points to faster than expected customer acceptance of this new technology. IMS now forecasts that the world network camera market will grow to exceed $1 billion by 2009.

IMS Research senior analyst Simon Harris said: "When IMS published its last report on this market two years ago there was a great deal of scepticism about network cameras, but this has passed and users are now ready to embrace the benefits of networked video surveillance. We see the network camera market growing strongly over the next few years as users upgrade their systems to take advantage of the latest technology."

The researchers cite other reasons for the upgraded forecast, including heightened awareness and availability of network cameras following what they call a flood of new product announcements during 2005. The limited choice of network camera models had previously been a barrier to growth, it is claimed, but potential customers now have a much wider selection of models from a greater number of suppliers.

There has also been a shift, the researchers add, in the product mix away from basic, low-end cameras in favour of professional, higher value products, such as megapixel network cameras and network dome cameras. The result is that network cameras are now suitable for use in the majority of surveillance applications.

IMS Research predicts that the next generation of network cameras will have embedded video content analysis capability to detect various behaviours or events. The first products are forecast to hit the market within the next 12 months.

Related News

  • News Archive

    Homeland Defence

    by msecadm4921

    Paris is the venue for the first Eurosatory International Conference on Homeland Defence. Organisers of the June 14 event are the Royal…

  • News Archive

    IFSEC Barrier

    by msecadm4921

    Among the IFSEC awards finalists is the Terra Mount Blocker from Frontier Pitts. The blocker was successfully crash tested to BSI PAS…

  • News Archive

    Hacking Comment

    by msecadm4921

    Britain’s phone hacking scandal touches many issues of interest to security engineers. So writes Ross Anderson on a ‘light blue touchpaper’ blog.…

Newsletter

Subscribe to our weekly newsletter to stay on top of security news and events.

© 2024 Professional Security Magazine. All rights reserved.

Website by MSEC Marketing