A new report by IMS Research forecasts that the markets for building analytics used in the Middle East and U.S. will both see triple-digit growth over the next five years.
In the $2.6 billion market for Explosives, Weapons, and Contraband (EWC) detection equipment, technological innovations and controversies surrounding airport body scanners continue to grab headlines. But according to a new report by IMS Research, now part of IHS Inc. (NYSE:IHS), developments in the service side of the EWC business should receive closer attention.
In its latest EWC study, IMS Research estimates revenues from the service, maintenance, and installation of EWC detection equipment will grow to $768.9 million in 2012.
A new report from IMS Research has found that the transition to IP-based technology in the security industry is changing the role of its systems integrators. Factors such as an increasingly competitive environment as new IT integrators enter the marketplace, declining product margins, and the increased importance of networking knowledge, are all contributing to this change. On the bright side, there are rewards for those integrators that adapt. The world market for systems integration is forecast to grow at an average rate of almost 10 percent to 2016.
According to an industry report recently published by IMS Research, Genetec was the leading vendor of Video Management Software (VMS) in the Americas in 2011. Additionally, IMS' World Market for CCTV and Video Surveillance - 2012 Edition report, shows that Genetec rose into the top-three vendors in the EMEA territory, and maintained its position as the world's second largest VMS vendor.
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).
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:
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.