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Wireless video surveillance gear to double by 2016

Posted: 07 Mar 2013     Print Version  Bookmark and Share

Keywords:wireless  infrastructure  video surveillance 

Low-cost systems in emerging economies like China and India are set to drive a significant amount of growth in wireless infrastructure gear used for video surveillance applications, which is set to more than double from 2011 to 2016, according to IMS Research.

Worldwide revenue for such equipment will soar to Rs.3,790.32 crore ($705 million) in 2017, up nearly 160 per cent from Rs.1,473.12 crore ($274 million) in 2011, said IMS Research.

After increasing by 11 per cent in 2012, growth will accelerate to 15 per cent in 2013, with revenue reaching Rs.1,881.72 crore ($350 million), as shown in the figure.

 Video surveillance equipment revenue

"Offering a relatively inexpensive solution compared to trenching cable, wireless infrastructure delivers a low-cost option for those who that want to establish surveillance networks," said Josh Woodhouse, video surveillance analyst at IHS. "In regions with widespread existing video surveillance infrastructure, such as the United States or the United Kingdom, the adoption of wireless infrastructure for video surveillance is growing steadily. However, emerging regions that lack such infrastructure will generate the strongest growth in the world, causing the market for video surveillance wireless infrastructure gear to boom during the coming years."

Video surveillance in different regions
The global market for wireless infrastructure gear for video surveillance is expected to expand at a compound annual growth rate (CAGR) of 17 per cent from 2011 through 2017. Global growth will be led by China, with a staggering 28.8 per cent revenue CAGR during the period. The next fastest-growing region will be the rest of the Asia region—an area including India—which will increase by 27.9 per cent. Mexico is set for a 23.1 per cent CAGR, Brazil will rise by 17.4 per cent, and the rest of South America will increase by 26.6 per cent.

Asia goes for wireless surveillance
The Asian market is currently the smallest and least developed region for wireless infrastructure gear for video surveillance. However, Asia is forecast to grow the fastest among all global areas in the coming years, thanks to the region's lack of any existing wired surveillance infrastructure, combined with the low cost of wireless and the booming demand for security.

Cisco leads the market
Cisco Systems Inc. was the leading supplier of wireless infrastructure gear used in video surveillance in 2012, with an 11.7 per cent share of global market revenue.

For more statistics and forecasts, click here.





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