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Analyst predicts security camera shipments will reach $44M by 2014

Posted: 30 Mar 2011 ?? ?Print Version ?Bookmark and Share

Keywords:analog camera? IP? surveillance? video?

Surveillance systems use video cameras designed with different specifications and packaged in various enclosures depending on a number of variables. Cameras are also categorized by the data type and format communicated to the rest of the system. Analog cameras use linear signals while Internet Protocol (IP) cameras provide streams of digital data. Analog cameras continue to lead the surveillance camera market mainly due to the cost associated with new installations or upgrades to IP cameras. A recent In-Stat research forecasts that worldwide unit shipments of security analog cameras will reach nearly 44 million by 2014, but the rate of growth in IP cameras will eventually surpass analog cameras.

"The most important advantage the IP camera has over the analog camera is the Internet Protocol it employs in its communication with the rest of the system," says Max Baron, contributing analyst, In-Stat. "And although the IP camera's capability to interface to recorders, switches, computers, servers and the Internet can make the surveillance system itself easy to upgrade and expand, the price of the camera and the cost of upgraded infrastructure, frequently outweighs that advantage."

According to the study, Asia/Pacific leads in worldwide security camera shipments. video surveillance equipment revenue will approach $15 billion in 2014, and the growth in IP cameras surpasses analog cameras and drives higher growth rates in hybrid DVRs and NVRs. The revenue for processors in IP cameras, including video encode/image processors and analytics processors, will be 67% higher in 2014 compared to 2010.

The study also states that video surveillance equipment can be found in vertical applications for toll booths, education campuses, public transportation, vehicular traffic monitoring and law enforcement, as well as in applications such as monitoring health conditions of patients in hospitals and at home, and queue length management in retail..

In-Stat's report is global in scope and includes five-year forecasts for surveillance analog and IP camera shipments, revenue, and ASPs by region and consumer vs. professional; worldwide security digital video recorder channel shipments and revenues by region and by DVR/NVR type; worldwide market for video analytics streams and revenues by equipment type; surveillance equipment semiconductor bill of materials by equipment type and by semiconductor type; coverage of key component vendors, including Ambarella, Aptina, Omnivision, Pixim, Techwell (Intersil) and Texas Instruments; surveillance equipment semiconductor revenue by equipment type and by semiconductor type; and analysis of key technologies, semiconductors, and standards for video surveillance equipment.

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