We are now bullish on the growth of IP video surveillance driven by 2009's widespread advances in product offering and pricing.
New York, NY (PRWEB) December 1, 2009
IP Video Market Info forecasts IP video surveillance product sales will increase by 200% total between 2010 and 2012, significantly disrupting and overtaking analog CCTV sales.
IP Video Market Info is now bullish on the growth of IP video driven by recent widespread advances in product offering and pricing. Over the next 3 years, attacks against analog CCTV will accelerate on all sides.
Last year,IP Video Market Info projected a significant slowdown in IP video spending as the global economic markets imploded. This slowdown certainly occurred, documented in the deteriorated financial performance of most leading video surveillance companies.
However, in the last year, important advances in new products offered by both up-start and incumbent manufacturers have significantly enhanced the competitiveness of IP video.
What's Driving This Growth
IP Video Market see 5 main drives behind this projected rapid growth:
- Mainstream 720p/1.3MP cameras cut into the cost advantage of analog cameras
- Mainstream hybrid DVRs remove the barriers of legacy deployments to migrate to IP
- Emerging managed/hosted video undermines analog's advantages in small deployments
- Emerging panoramic cameras further cut the cost advantage of analog cameras
- Maturing IP camera standards will cut costs and reduce complexity
In 2009, significant advances have occurred in all of these areas.
2010 Video Surveillance Industry Guide
The IP Video forecast is a key section of the 612 page 2010 Video Surveillance Industry Guide provides the most comprehensive global coverage of the market, companies and products in video surveillance.
About IP Video Market Info
IP Video Market Info is the world's leading resource on video surveillance, providing news, reviews and test results on IP cameras, DVRs, NVRs, video analytics and more. Independent and dedicated to objective information, we do not accept advertising.