Increased functionality in the home is quickly altering people's perceptions and adoption of security equipment in single-family dwellings, according to a recent study published by IMS Research, titled The Americas and EMEA Markets for Home Fire and Security Equipment.
IMS Research (recently acquired by IHS Inc.), has just published the second edition of its Middle East Market for CCTV and Video Surveillance Equipment report. The 2012 edition forecasts that the market in Saudi Arabia will grow strongly to overtake that of the United Arab Emirates (UAE) to become second largest in the region, after Turkey.
Video Surveillance as a Service Market Set to Double over Next Three Years
IMS Research estimates that the world market for cloud based video surveillance, or video surveillance as a service (VSaaS), was worth over $500 million in 2011, an increase of 25% from 2010. However, the big question is what does the future hold for this emerging market?
The video surveillance industry has changed dramatically since IMS Research published its first report on the market in 2003. Over the years, the team of market analysts have expanded our video surveillance research to cover every aspect of the market, from network camera trackers through to dedicated reports on video analytics, storage, VSaaS (Video Surveillance as a Service) and PSIM (Physical Security Information Management).
After a sharp decline in 2009, and a tough 2010, the intrusion industry is beginning to emerge from the shadows with a new look and new direction. Forecast to reach over $2.4 billion in 2011, the global intrusion industry is poised to recover steadily as the industry capitalizes on new growth opportunities.
IMS Conferences will be hosting the Intelligent Video: A Revolution in Visually Intelligent Applications Conference on April 19th & 20th at the Hyatt Regency Century Plaza in Los Angeles, California.
Intelligent Video Conference is proud to count Intel as a Platinum Sponsor of the event along with our Silver Sponsors 3VR & Archerfish/Cernium. The event is a spin-off of IMS Conferences' highly regarded Video Content Analysis Conference Series and will focus on the variety of new applications across a number of market sectors.
Following on from last year's '10 for 2010' article, also for 2011 IMS research did send us their our opinions on this year's most exciting video surveillance trends in 2011:
The post-recession access control market has inspired new trends, while others have slowed. As Asia continues its quest for the latest technology, and smart card adoption continues to grow in EMEA, the Americas has emerged as the forerunner for SaaS and web-based access control systems.
IMS Research reports that Milestone is world leader sixth year in a row for open platform IP video management software. In its latest report "The World Market for CCTV and Video Surveillance Equipment - 2010 Edition" IMS Research found that Milestone Systems increased its market share and maintained its top position of the last six years. Milestone holds the leadership standing for the world market category of ‘Open Platform Network Video Management Software'.
A new report from IMS Research (www.imsresearch.com), ‘The East Europe and Russian Market for Video Surveillance Equipment', has found budget constrained Russian customers are choosing lower-cost surveillance solutions from local suppliers instead of more costly international brands. However, with the latest data indicating economic recovery in Russia, will the success of local suppliers continue?
The threat of terrorism and high crime rates have stimulated the requirement for video surveillance equipment across Russia in recent years.