Submitted by: Submitted by jasonliu1009
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Words: 2595
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Category: Business and Industry
Date Submitted: 10/29/2015 08:40 PM
Video Surveillance:
New Installed Base
Methodology Yields
Revealing Results
Video Surveillance:
New Installed Base Methodology
Yields Revealing Results
The video surveillance and physical security industry has long divided public
opinion. On one hand, supporters of the technology emphasize the need to
protect people, assets, and critical infrastructure, drawing attention to how
video surveillance helps solve crimes and provides important information in
the aftermath of critical events such as natural disasters and terrorist attacks.
On the other side of the debate, some groups have expressed concerns over
what is perceived as government intrusion and the rise of a “Big Brother” state.
Striking the appropriate balance between privacy and protection is not only
challenging but is also often highly subjective.
A question often raised in this debate is: how many security cameras are, in fact,
installed throughout the world?
For the first time, IHS is providing a measurable response to this delicate
question, through a new methodology that takes into account the actual
installed base of video surveillance cameras worldwide. IHS estimates the total
number of security cameras installed globally in 2014 reached 245 million
units, equivalent to one camera for every 29 people on the planet.
By 2016, the installed base is forecast to be closer to one camera for every 21
people, as the steep price declines expected to occur in the technology drive
increased shipments of the analog, network, and high-definition close-circuit
television (HD CCTV) cameras forming the total video surveillance market.
This new methodology sizing the installed base delivers some surprising
insights. Whereas traditional models underscore shipment or revenue figures
that provide a snapshot of the market’s performance in a particular year, the
installed base provides a more nuanced look into the market—one that deals
with the real-world presence of actively deployed...