Tag: Jon Cropley
Video surveillance equipment market growing
July 11, 2018Paul Ragusa
Growth in the global professional video surveillance equipment market accelerated in 2017, and is forecasted to continue growing in 2018, according the latest IHS Markit research.
The world market for professional video surveillance equipment grew by 9.3 percent in 2017, IHS found, a much higher rate of growth than in 2016 (3.9 percent) and 2015 (1.9 percent).
“Increased government spending on equipment to fight crime and terrorism was a major factor in this growth, as was private sector spending...
Camera demand growing as prices plummet
July 5, 2017Paul Ragusa
The world market for professional video surveillance equipment grew by 3.9 percent in 2016, despite a drop in camera prices, according to recently published estimates from IHS Markit through its Video Surveillance Intelligence Service.
“This is a higher rate of growth than in 2015 (1.9 percent) but still low by historical standards,” Jon Cropley, principal analyst, video surveillance, IHS Markit, said in the announcement.
IHS forecasts a slightly higher growth in the global market for...
Canon to buy VMS provider Milestone Systems
June 13, 2014Martha Entwistle
Updated June 16, 2014 with an information from an interview with Jacco Leurs of Canon EuropaLONDON—Camera manufacturer Canon announced today that it will acquire VMS provider Milestone Systems. Terms of the deal were not announced.“A significant player in network video surveillance was created today,” Karl Erik Traberg, head of corporate communications for Milestone, told Security Systems News.Mark Wilson, technical assistant to the CEO of Milestone, added, “Canon has 200,000...
IMS: Video analytics market to be worth $600 million in 2015
December 27, 2011Rich Miller
While the availability of free content analysis in video surveillance devices continues to grow, the need for chargeable higher-end applications will push the market for video analytics to nearly $600 million in 2015, according to a new report from IMS Research.Features like motion detection and camera tamper, embedded in surveillance devices and offered as free by manufacturers, will be increasingly joined by applications for more sophisticated video content analysis (VCA). A clear divide will emerge...