IHS Inc News
The intrusion products’ marketing to residential sector has caused the U.S. market to reach heights of $500 million per year The U.S. market for intruder alarm equipment, which makes up 40 percent of the global market, reached $1.1 billion dollars last year. Numerous attempts have been made all over the world to replicate this success, ranging from home management to do-it-yourself (DIY) “bells and whistles” systems. This article will provide an overview of t...
SIP offers physical security installers an excellent partnership opportunity with regular product and market updates Recently, D-Link has announced the launch of its Smart Installers Program (SIP) in the UK and Ireland, offering physical security installers an excellent partnership opportunity with regular product and market updates. The SIP is a dedicated partnership program for installers of physical security who sell to small/medium-sized businesses and homes. Wit...
Report analyses market potential for smart home energy management devices as well as in-depth analysis across the Americas, EMEA, and Asia According to a recently published IHS report (Smart Home Energy Management Devices Report – 2015) analysing the market for demand-response enabled smart home energy management devices, in-home displays and smart thermostats will lead the way in terms of installed base numbers but will generate less revenue than smart appliances &ndash...
(see bigger image) Access control market in Brazil is forecast to decline by 1.2% in 2015 and decline by another 0.8% in 2016 before growth returns in 2017 Blake Kozak, Principal Analyst for Security and Building Technologies at IHS Inc., in his research note discusses about the current state of the Brazilian market for electronic access control. While the 2014 Brazilian market for electronic access control equipment reached an estimated $92 million, the latest informati...
Through this agreement TeleEye Group will be deliver innovative technologies to the Latin American market TeleEye Group, a renowned pioneer in the development and supply of high-tech video surveillance systems and cutting-edge technologies with a global presence and Sociedad Comercial Drakon Chile Limitada (also known as Drakon Chile Ltda), a well established leader in the Chilean alarm systems market would like to announce their partnership in the distribution for the full ra...
The new office, in St. Laurent, QC, will serve as home base for product support & technical support Hikvision, the world’s leading supplier of innovative and award-winning video surveillance products and solutions, is pleased to announce that the Hikvision Canada Inc. branch office will open on August 4. The office, located near Montreal, represents the company’s strong commitment to the Canadian market and speaks to its rapid growth in Canada, North America, a...
Residential sector will be the key driver of overall electronic lock category growth Rita Liu, analyst for Security and Building Technologies at IHS Inc., in her research note discusses about the Chinese market opportunity for electronic locks. China’s electronic lock market is forecast to grow quite fast at a compound annual growth rate (CAGR) of 13 percent, from 2015 through 2019. The residential sector will be the key driver of overall category growth, with a CAGR o...
According to IHS report, Axis is still ranked as the clear market leader in network video in the Americas and EMEA regions The second quarter Net sales increased by 19 percent during the second quarter to SEK 1,616 M (1,355). Net sales decreased by 1 percent in local currencies. Operating profit amounted to SEK 117 M (188), which corresponds to an operating margin of 7.2 percent (13.8). Profit after tax amounted to SEK 83 M (139). Earnings per share amounted to SEK 1.19...
IHS estimated the service life of cameras in each sub-region by end-user industry to size the current installed base According to IHS, there were 245 million professionally installed video surveillance cameras active and operational globally in 2014. Whilst the majority of these cameras were analog, over 20 percent are estimated to have been network cameras and around two percent HD CCTV cameras. This is the first time that IHS has measured the installed base of security came...
The access control as a service (ACaaS) market is estimated to top $200 million in the Americas by the end of 2015 The purchase of Brivo by Mr. Drako is yet another example of the deepening integration between access control and video. Although the entities will remain separate, the level of integration and offering will likely escalate. What makes this a unique case is that the owner of a cloud-based video provider is expanding into cloud-based access control. While we have s...
Theia’s family of varifocal lenses will cover horizontal field of view from 112- to 9-degrees, with focal ranges of 4-10mm and 12-50mm Theia Technologies, the IP video surveillance lens specialist, announced the EMEA launch of a new range of 4K 12 megapixel (MP) lenses at IFSEC 2015. These lenses will reach the EMEA market from October 2015 just as 4K is beginning to accelerate. According to the latest market data from analyst IHS Inc., EMEA revenues from 4 MP and above...
CEO - Lars Thinggaard commented about being proud of Milestones’ position in security market Milestone Systems, the open platform company in IP video management software (VMS), is again ranked as the number one VMS vendor by company revenue in newly-published market research from business information provider IHS Inc.“We are proud that Milestone Systems continues to hold this top global position in the security market - for more than a decade now. It takes a lo...
Worldwide industrial semiconductor revenues grew by 18 percent year over year in 2014, according to IHS Inc., the leading global source of critical information and insight. Global industrial semiconductor revenue in 2014 totaled $40.4 billion, up from $34.3 billion in 2013. The year-over-year increase follows solid growth of 13 percent in 2013, a decline of 3 percent in 2012 and 12 percent growth in 2011. The strong performance achieved in 2014 represents the highest annual growth rate, since th...
According IHS Technology, more than 11 million consumer and DIY network cameras will be shipped worldwide this year Perhaps we should start looking at do-it-yourself (DIY) systems such Google’s Nest and other devices as an opportunity for existing security contractors – those that are open-minded anyway – to bring in additional customers and new streams of recurring monthly revenue (RMR). DIY systems continue to proliferate in the marketplace and are availab...
Smart and Turbo HD lines were explained at the meeting ‘It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.’ (C. Darwin). This quote was shared by Jiangfeng Zhi, President at Hikvision Europe BV to the audience during the two-day event dedicated to the first European distributors’ meeting held in Lisbon on April 23-24, 2015. Sales revenue of 2.82 billion USD in 2014 Hikvision has always been...
Canon's purchase of Axis could be the start of a series of acquistions in 2015 This is a massive development in the video surveillance equipment market. Until last year, Canon was a small player in this market. However, back in August 2013, it revealed big ambitions when its CEO, Fujio Mitari, spoke about security cameras becoming an “important pillar” for the company and the market having “limitless possibilities for growth”. Then in June 2014, C...
The report positions CP Plus as one of the fastest growing brands in video security in India with an estimated market share of 21% CP PLUS, the Global Leader in advanced surveillance and security systems and solutions, and market leader with No. 1 market share in India, has retained its position in security industry. In its latest report on the Indian market for security and video surveillance equipment, IHS Technology, a well-known US based research firm identifies CP Plus as...
Chong’s focus will be expanding the current VidSys capabilities to meet the growing market demand for its PSIM software VidSys, a leading global provider of enterprise Physical Security Information Management (PSIM) software, announced recently that the Board of Directors has named company Founder and Chief Technology Officer James I. Chong as the new Chief Executive Officer. “With a unique combination of technology expertise, product strategy, and business...
Xtralis continues to have a significant lead in the aspirating smoke detection (ASD) category of fire detectors Award-winning VESDA, OSID, and ECO products position Xtralis for rapid expansion and dominance in the fastest growing fire detection markets Xtralis, the pioneer of very early warning aspirating smoke detectors, continues to grow market share according to the latest IHS Technology report titled “The World Market for Fire Detection and Suppression Products &nda...
The market is forecast to almost double in size between 2013 and 2018 The Indian market for video surveillance equipment exceeded $300 million for the first time in 2013 and is forecast to grow at an increasing rate over the next five years. This is according to a recently published report by IHS Inc. entitled “The Indian Market for CCTV and Video Surveillance Equipment”. Much of the market growth is forecast to come from increased government spending. In June 201...
By 2018, worldwide revenue will reach a projected $23.6 billion The global market for video surveillance equipment was worth an estimated $15.0 billion by the end of 2014, up from $13.5 billion in 2013. By 2018, worldwide revenue will reach a projected $23.6 billion, as shown in the attached figure, equivalent to a five-year compound annual growth rate of 12 percent. “The year 2014 has been one of the most interesting—and disruptive—in recent memory for both...
The main use of ANPR equipment is to alleviate issues related to ticket payments Many cities globally continue to become more congested, driving increased investment into off-street parking facilities. In recent years, automated number plate recognition (ANPR) cameras and software have started to be used as part of the overall solution which also includes barriers, payment machines, and loop detectors. The main use of ANPR equipment is to alleviate issues related to ticket pay...
Retailers can get more use from video surveillance data, ultimately targeting profitability As the holiday shopping season kicks into high gear, retail organisations have two primary concerns: making a profit on notoriously slim margins and shoring up potential areas of internal (employee) and external threats, including organised retail crime. According to the Global Retail Theft Barometer 2011, published by the Centre for Retail Research, total global shrink in 2011 cost r...
The residential intrusion alarm market in the Americas is expected to grow by 9.5% in 2015 Interactive makes services more relevant With behemoths such as AT&T Digital Life, Comcast Xfinity and now Google promoting interactive services, the traditional security industry has become the default beneficiary of deep-pocket competitors who dole out big bucks to advertise their solutions. Whether or not this competitive caterwauling in television, print and social media will...
Many oil and gas companies utilise independent systems for incident management, crisis management and security It’s no secret that the security and fire industry is home to hundreds of suppliers, each competing for a slice of a global $100+ billion market. In niche industries such as oil and gas, where IHS sizes the market for security and fire equipment and services to be more than $1 billion, increased competition has prompted some suppliers to move beyond the integrat...
IHS states Smart card shipments in 2019 will rise to 10.9 billion units, up from 8.8 billion in 2014 Global unit shipments of smart cards are expected to rise by 2.1 billion from 2014 through 2019—about equal to the combined populations of China, the United States, Indonesia and Brazil, according to IHS Technology. Smart card shipments in 2019 will rise to 10.9 billion units, up from 8.8 billion in 2014, as shown in the attached figure. To put this in perspective, the n...
The Brazilian video surveillance market remains the largest, accounting for 40% of revenues in Latin America The Latin American video surveillance equipment market is forecast to see annual average growth rates of over 14%. This is despite ongoing economic uncertainty and civil unrest in Brazil, Latin America’s largest economy according to recently published estimates from IHS Inc. The Brazilian market remains the largest, accounting for 40% of revenues in Latin Americ...
Highlighting China’s Video Surveillance Giants, this is the second in a series of articles on the growing international presence of China’s top three video surveillance/CCTV companies. Check out articles on Hikvision and Uniview, which are also part of the series. Dahua Technology Co., Ltd. is a Chinese video company with roughly 75 percent of its revenue coming from the huge domestic Chinese market. The rest reflects Dahua’s growing international presence in the video survei...
Highlighting China’s Video Surveillance Giants, this is the first in a series of articles on the growing international presence of China’s top three video surveillance/CCTV companies. See other articles in the series from Dahua and Uniview here and here. For three years now, Hikvision Digital Technology Co. has been ranked as the world’s largest CCTV and video surveillance equipment provider. IHS Research estimates the Chinese manufacturing giant’s global market share in...
There will be at least 88 smart cities all over the world by 2025, up from 21 in 2013 The number of smart cities worldwide will quadruple within a 12-year period that started last year, proliferating as local governments work with the private sector to cope with a multitude of challenges confronting urban centres, according to a new report from IHS Technology. There will be at least 88 smart cities all over the world by 2025, up from 21 in 2013, based on the IHS definition of...
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