Selected Clear AllResearch Type - Insights Category - Video Surveillance
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VSaaS market to exceed $1 billion for first time in 2017November 29, 2017At the start of this decade, many observers expected the video surveillance industry would quickly move towards a recurring revenue model. Much like the cell phone industry, video surveillance equipment would be paid for via a monthly service fee. The reality has so far turned out to be somewhat different. Most video surveillance equipment is still paid for upfront in a one-off fee. Despite this, the market for cloud-connected video surveillance equipment, which is paid for on a yearly, quarterly, or monthly basis has been steadily growing. Known as VSaaS (video surveillance as a service) the market is also forecast to exceed $1 billion for the first time in 2017. This is according to a recently published report from IHS Markit, “Video Surveillance as a Service (VSaaS) Report – 2017”.
China accounts for nearly 1/3 of all physical security equipment sold in 2016November 01, 2017The recently published IHS Markit Physical Security Equipment & Services Report estimates that the global market for physical security equipment totaled US$29.2 billion in 2016. This represents a $1.6 billion (5.8 percent) increase from 2015. Highlights • Globally, the physical security equipment market was valued at US$29.2 billion in 2016, growing 5.8 percent from the prior year • China was the largest market for physical security gear in 2016, accounting for 29 percent of global revenue • The worldwide physical security equipment market is forecast to reach US$41.7 billion annually by 2021
Deep learning, engine of future Chinese video surveillance market growthAugust 14, 2017Years of double-digit growth in shipments of video surveillance cameras in China are over, giving way to future growth in deep learning video analytics. According to the latest Video Surveillance Intelligence Service by IHS Markit, unit shipments of video surveillance cameras grew just 2.3% in China in 2016 compared to the previous year, at 58.2 million units, much lower than in 2015 (34.6%), 2014 (38.5%) and 2013 (29.6%). The lower rate of growth in security camera reflects the high installed-base of cameras in China. Demand for cameras in future will be increasingly due to replacements rather than new installations.
A revolution in video surveillance – Deep-learning video analyticsJuly 24, 2017Deep-learning analytics are poised to revolutionise the industry, and facilitate a leap in the capabilities of video analytics. In the last couple of years, there has been a marked increase in research and development in deep-learning neural networks, proving their capabilities, generating considerable excitement, and putting them within reach of a much wider user group.
Growth in the Global Professional Video Surveillance Market Remained Low in 2016July 03, 2017The world market for professional video surveillance equipment grew by 3.9% in 2016. This is according to recently published estimates from IHS Markit (NASDAQ), through its Video Surveillance Intelligence Service. This is a higher rate of growth than in 2015 (1.9%) but still low by historical standards.
The Benefits of Safe CitiesMay 17, 2017For the first time in history, more people around the world live in cities than in rural areas. By 2030, over 60 percent of the world’s population will be living in cities. While this global migration to urban areas improves the living standards, health and financial prosperity of these citizens, it brings challenges to a city’s infrastructure, resources, security procedures and emergency response systems. Meeting these challenges is critical to the success of cities in the decades that follow.
Chinese Manufacturers - The Sleeping Giant of the Consumer Video Surveillance IndustryJanuary 13, 2017Chinese supplier branded consumer video surveillance equipment accounted for approximately 5 percent of US market revenues in 2016. However, the recent explosion of supply and demand for consumer video in the Chinese domestic market is a potential ticking time bomb for US market stakeholders.
Safe city projects will continue, driving Indian video surveillance market growthDecember 20, 2016City surveillance will be the fastest growing vertical market for video surveillance equipment in India over the rest of the decade. This is according to latest forecasts from IHS Markit’s Video Surveillance Intelligence Service which show that this vertical market will grow at an average annual rate of 13% from 2015 to 2020.
Higher Growth for Southeast Asian Video Surveillance Market Than for Other Asian MarketsDecember 16, 2016The Southeast Asian market for video surveillance equipment is forecast to grow at an average annual rate of 7.7 percent from 2015 to 2020. This is higher than the rate forecast for markets in East Asia, India, or Oceania. China is the only large regional market in Asia that is forecast to grow faster. These are according to latest findings from IHS Markit’s Video Surveillance Intelligence Service.
End-user education: The next challenge for video surveillance as a serviceOctober 13, 2016The VSaaS market posted slightly slower growth in 2015 than had been previously forecast. A lack of end-user education is the biggest challenge to VSaaS adoption rates, according to the latest IHS Markit Video Surveillance as a Service Report.
Mixed conditions in the Middle-Eastern video surveillance marketOctober 04, 2016The Middle-Eastern market for video surveillance equipment exceeded $500 million in 2015 and is forecast to grow at a compound annual growth rate of 8 percent, from 2016 to 2020. Market growth is more than three times greater in the Middle East than in Europe and Africa, making it an attractive market for vendors.
Leading security companies increase market shareSeptember 26, 2016The market share of the top 15 security equipment and services companies accounted for 21.4 percent of the equipment and services market in 2014, growing to 23.1 percent in 2015. According to the latest IHS Markit Physical Security Equipment and Services Report, these leading security companies will further increase their market share in 2016.
Video surveillance cameras installed in Germany to increase 20 percent this yearSeptember 14, 2016According to IHS Markit, more than 800,000 new video surveillance cameras are expected to be installed in Germany in 2016. This will take the total cameras installed in the nation to 5.2 million by the end of the year, which is equivalent to approximately one camera for every 16 people, across public and private installations.
North American security camera installed base to reach 62 million in 2016September 01, 2016The installed base of security cameras in North America is expected to grow from just 33 million in 2012 to nearly 62 million cameras by the end of 2016. However, the security camera product mix is changing.
Service and Maintenance Services Leads Security Systems Integration Market Revenue GrowthAugust 22, 2016The global market for security systems integration reached $60.3 billion in 2015, including not only security equipment sales of video surveillance, physical access control and intruder alarm systems, but also installation and maintenance services. From 2015 to 2020, the services market -- encompassing design and consultancy, installation, and service and maintenance -- is forecast to be the fastest-growing sector of this market.
How Brexit Affects the Security IndustryJuly 21, 2016Should the United Kingdom follow through with its plans to leave the European Union (EU), there could be a number of consequences that filter through to security industry stakeholders.
RESEARCH NOTE - Video surveillance supply gets more concentrated – but not mainly through acquisitionJuly 21, 2016This research note contains information and insight from IHS Markit about market concentration in the video surveillance market.
Growth in the global professional video surveillance market slowed in 2015June 16, 2016The world market for professional video surveillance equipment grew by 1.9% in revenues in 2015 .This is according to recently published estimates from IHS Inc. (NYSE: IHS), through its Video Surveillance Intelligence Service. This is a much lower rate of growth than in 2014 (14.2%) and 2013 (6.8%).
Konica Minolta to acquire MobotixApril 01, 2016Konica Minolta announced this week that it has agreed to acquire a controlling stake in Mobotix. Konica Minolta is a large technology company which provides office services, commercial printing, and a wide range of other products and services. Mobotix is a supplier of professional network video surveillance solutions.Subscribers Only
Top Video Surveillance Trends for 2016February 04, 2016IHS presents its annual analysis of the top video surveillance trends for the year ahead.