Fergie's Tech Blog

IP Surveillance Camera Market Small, But Booming

Seth Benton writes on DSP Designline:

MultiMedia Intelligence reports that the market for IP/Networked video surveillance cameras grew nearly 50% in 2007, to approach $500 million worldwide. This growth is nearly four times the growth rate of the broader video surveillance equipment market, which also includes CCTV cameras, Digital Video Recorders (DVRs) and Network Video Recorders (NVRs), and IP Encoder/Streamers.

The transition from traditional CCTV surveillance to networked digital surveillance is revolutionary for the physical security industry. Yet this transition is also seen as over-hyped and under-performing compared to many expectations. Both are true.

posted by Fergie @ 4/21/2008 06:20:00 PM