Slowdown in pace of market growth for network video
Posted: Thu Jun 05, 2008 5:39 am
The market research institute IMS Research announced today in a press
release that the growth for network video products on the American
market has slowed down. This affects the ongoing technology shift from
analog to digital surveillance negatively.
For a number of years, IMS has forecast that the market for
installations of network video products has an annual global growth rate
of approximately 40 percent. IMS expects slower growth in 2008 than in
the preceding year as a consequence of the receding American economy.
However, their estimation is that network video products will grow by at
least 30 percent in the US.
Big name liked Axis also see the situation from the retail trade in
Europe but particularly in the US where major retail chains have chosen
not to expand as planned. As approximately 25 percent of all video
installations are performed within the segment, they have drawn the
conclusion that the pace of the technology shift from analog to digital
network video has slowed down.
release that the growth for network video products on the American
market has slowed down. This affects the ongoing technology shift from
analog to digital surveillance negatively.
For a number of years, IMS has forecast that the market for
installations of network video products has an annual global growth rate
of approximately 40 percent. IMS expects slower growth in 2008 than in
the preceding year as a consequence of the receding American economy.
However, their estimation is that network video products will grow by at
least 30 percent in the US.
Big name liked Axis also see the situation from the retail trade in
Europe but particularly in the US where major retail chains have chosen
not to expand as planned. As approximately 25 percent of all video
installations are performed within the segment, they have drawn the
conclusion that the pace of the technology shift from analog to digital
network video has slowed down.