The Frost & Sullivan report, titled “Asia Pacific IP Video Surveillance Markets,” provides an in-depth analysis of the Asia Pacific IP surveillance market trends, technology, and forecasts by country. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: IP/network cameras, video servers, network video recorders, (NVRs) and IP software.
Even though the lack of standards and prohibitive costs had restrained the uptake of IP video surveillance in the Asia Pacific in the past, technological improvements and the shortcomings of the closed circuit television have swung the market in favor of IP video surveillance in the last three to four years. The government (15 percent) and transportation (10 percent) sectors were the main revenue generators in 2007.
Although network video surveillance camera unit shipments and revenues are a small percentage of the overall video surveillance market, they are touted to replace most analog cameras by 2014. They are rapidly gaining in popularity as they encompass alert systems and automated software that enhance the functionality of the surveillance systems. IP surveillance solutions provide greater convenience and much more value-added output than existing systems to help end users make informed decisions. The IP surveillance market will also benefit greatly from the current technology's inability to offer real-time data. IP surveillance radically provides remote accessibility and allows users to access any video data (live or recorded) from any location in the world through network systems.