The Southeast Asian and Australia and New Zealand (ANZ) video surveillance market has evolved beyond analogue systems and is emerging as a hotbed for IP solutions. This shift in focus is mainly due to various governments' rising preference for IP.
New analysis from Frost & Sulliva, Southeast Asian and ANZ Video Surveillance Market, is estimated to grow at a CAGR of over 18.2 percent from 2010-2017.
“A need for high security and better quality recording has prompted many countries to seek IP solutions,” notes Frost & Sullivan Industry Manager Parul Oswal. “Moreover, there is a desire among companies to install surveillance infrastructure on their IP network.”
The Southeast Asian and Australia and New Zealand (ANZ) video surveillance market has evolved beyond analogue systems and is emerging as a hotbed for IP solutions. This shift in focus is mainly due to various governments' rising preference for IP.
New analysis from Frost & Sulliva, Southeast Asian and ANZ Video Surveillance Market, is estimated to grow at a CAGR of over 18.2 percent from 2010-2017.
“A need for high security and better quality recording has prompted many countries to seek IP solutions,” notes Frost & Sullivan Industry Manager Parul Oswal. “Moreover, there is a desire among companies to install surveillance infrastructure on their IP network.”
IP is evolving as many information technology (IT) professionals are available to help set up the required infrastructure. This availability of skills is likely to encourage numerous verticals to take up IP, leading to exponential market growth. In the long-term, a complete shift from analogue to IP video surveillance is expected.
At present, the market is shifting from simple IP to mega pixel cameras to high definition. IP cameras are manageable in terms of transmission in large installations. However, the uptake of technology on a larger scale may take some time.
Video analytics is a key driver for IP, with people starting to realize the importance of obtaining detailed information. Although the price is still an issue for most end users, they will be persuaded by the technology developments in facial recognition, license plate recognition, language capability and motion detection.
Video analytics developers need to customize their products to suit individual customer's requirements. Currently, the communication infrastructure of every organization is based on transmission control protocol (TCP)/IP networks.
“The migration to digital systems requires large investment and a thorough analysis of existing network infrastructure,” observes Oswal. “However, an IP-based system presents a much lower cost than a corresponding analogue system, as manufacturers are developing IP products at analogue price points.”