IP Video Surveillance Market: Growing Exponentially

RNCOS: Worldwide shipment of IP surveillance cameras was valued at $2.1Bn in 2005. However the same is expected to grow at a CAGR of 88% till 2010 making it to $4Bn.

Spurred by increased public & private security concerns, IP based video surveillance systems market is observing a continuous growth at present. There’re numerous applications of these systems that have emerged in recent years. Police departments around the world are making use of IP video surveillance systems to combat crime. Such systems help multiply the effectiveness of security personnel.

In an IP camera functions, such as video capture, network interface, video encoding & processing, are integrated together. Therefore, video signal processing chips that support these functions are amongst the most differentiated & lucrative semiconductor opportunities in the CCTV market for video surveillance systems.

Detailed discussion on all aspects of the IP video surveillance industry. Growing demand & usage of IP video cameras positions the video surveillance market for dramatic growth between 2005 & 2010

Worldwide IP surveillance camera market will grow exponentially doing better than the conventional CCTV (closed circuit television) camera market. CCTV Market Update (2006-2007) Publ 20060717