Report: Surveillance Cams Not Immune to Weak Economy

The report notes, however, that the federal stimulus programs are actually increasing surveillance equipment shipments in select applications.
Author:
Publish date:

Research firm In-Stat reports that the video surveillance market is showing limited unit growth in 2009, but still seeing revenue declines related to the recessions.

In a report made available this week, the Scottsdale, Ariz.-based firm sayd that due to their higher cost, IP cameras will see a large slowdown in 2009 shipment growth.

The Networked Video Recorder (NVR) segment is also being impacted.

The report notes, however, that the federal stimulus programs are actually increasing surveillance equipment shipments in select applications.

"In-Stat sees Digital Video Recorder (DVR) channel shipments growing faster than camera shipments, with hybrid DVRs that can connect to both analog and IP cameras increasing at the highest rate," said Michelle Abraham, In-Stat analyst. "We expect the overall market to return to growth in 2010."

According to the research: After a decline in 2009, revenue from analog cameras, IP cameras, DVR/NVR, and IP encoders will grow to $19 billion in 2011.

In-Stat also noted a shift in encoding technology to H.264 from MPEG-4 part 2.

Semiconductor revenue for the video surveillance equipment will be stable through 2013, with lower average selling prices offsetting shipment growth.

The research, " Worldwide Market for Video Surveillance Equipment " (#IN0904587BVS), is available for purchase from In-Stat for $3,495.

For a free sample of the report and more information, contact In-Stat.

Follow Government Video on Twitter: www.twitter.com/governmentvideo.

Related