2013 Security50 video trend(9-1): IP to overtake analog in 2014

Revenues from network video products are expected to overtake analog for the first time in 2014, according to IHS. Global IP video surveillance market growth will remain strong for the next five years. However, the rate of growth will be affected by the number of new installations and the existing network infrastructure in different countries.

“The global growth potential for network video in the next four to five years is still 20 to 25 % annually. From a global perspective, the network video market is expected to continue growing at a rapid rate globally. The highest penetration of surveillance cameras per capita is in the United Kingdom and China. These markets are dominated by analog systems, but in recent years, more and more users in both countries have become interested in digital systems. The highest penetration of network video is in the Middle East and in the Nordic countries. The positive reception of network video has contributed to rapidly increasing demand for digital solutions in all customer segments in both markets.” said Johan Paulsson, CTO, Axis Communications.

2013 Top Security50