IHS Inc News

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 vacation shopping season kicks into high gear, retail organizations have two primary concerns: making a profit on notoriously slim margins and shoring up potential areas of internal (employee) and external threats, including organized retail crime. According to the Global Retail Theft Barometer 2011, published by the Center for Retail Research, total global shrink in 2011 cost...

Many oil and gas companies utilize 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...

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 centers, 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...

IHS has research teams focused on physical security, business intelligence, and industrial automation markets Shipments of embedded vision devices in the automotive, industrial automation, physical security and business intelligence markets are forecast to exceed 14 million units in 2018, up from almost four million units this year. Utilising a combination of embedded systems and computer vision, embedded vision enables devices to use video inputs to better understand th...

Hikvision has an 11.9% market sharein the Security Cameras industry For the third consecutive year, Hikvision has been ranked as the world’s largest CCTV and Video Surveillance Equipment provider in 2013 with a dominant 10.9% market share. This is up by more than a third, from 8% in 2012, according to the latest report from IHS Inc.   In a year of significant achievements, Hikvision maintained or gained position in every market segment. Its most s...

The mass-market trend in North America and Western Europe is toward the increased use of multi-sensor detectors The mass-market trend in North America and Western Europe is toward the increased use of multi-sensor detectors. This move to combine multiple technologies into a single detector is more efficient and helps reduce false alarms. In its latest publication, the World Market for Fire Detection and Suppression Products, IHS forecasts the global multi-sensor detector marke...

The growing size and complexity of video surveillance networks also fuels growth in the market for Ethernet switches With a maturing IT industry becoming ever more consolidated, manufacturers of Ethernet switches are looking for new market segments to diversify. A recent report from IHS points to the video surveillance industry as a potentially lucrative answer. A prolonged migration from analog to network video surveillance equipment and the continued worldwide expansion in...

IHS published the estimates through its Video Surveillance Intelligence Service Milestone Systems and Genetec remained the two largest suppliers of video management software (VMS) in 2013 in a market worth more 900 million dollars, according to recently published estimates from IHS Inc., through its Video Surveillance Intelligence Service. The global VMS market is forecast to grow to over $3 billion in 2018 with all four major world regions analyzed (EMEA, Americas, China, an...

IHS found Milestone to be the worldwide market share leader of open platform VMS for more than a decade Milestone Systems has again been ranked the number one global video management software provider in terms of revenue according to the latest analysis from IHS Inc. Research from the IHS Technology Video Surveillance Intelligence Service has found Milestone to be the worldwide market share leader of open platform video management software (VMS) for more than a decade. Mil...

IHS forecasts that the pace of transition will continue to be rapid in 2014 and 2015 before slowing slightly from 2016 onwards The world market for video surveillance equipment grew by almost 7% in 2013.This is according to recently published estimates from IHS Inc., through its Video Surveillance Intelligence Service. The service also reveals that the ongoing transition from analog to network equipment accelerated in the same year with revenues from network higher in all four...

The global installed base of cloud-based home management services is projected to grow to 44.6 million at the end of 2018 Cloud-based home management systems that allow users to remotely control household features like lighting and air conditioning are set for rapid growth in the coming years, with the installed base set to rise by a factor of eight from 2013 to 2018. The global installed base of cloud-based home management services is projected to grow to 44.6 million at...

IHS also expects that open standards will begin to take shape for the access control industry in 2014 The electronic access control industry saw many changes in 2013 and the next 12 months should be no different. According to IHS Technology, the access control industry could begin to see rapid changes in the short to medium term. In an historically slow moving market (compared with video surveillance) the access control market has seen many new entrants, such as Axis, as well...

There seems to be genuine uncertainty amongst manufacturers at the future direction for HD, low-latency video provision Growing slice of the $13 billion video surveillance equipment market or small-time niche which can never keep up with the double-digit growth rates for network surveillance? It’s a very different outlook for HD CCTV technology, depending on who you speak to. There are those who see the growing revenues and a viable alternative to HD IP cameras for many...

The mechanical lock industry is experiencing an increased penetration of Chinese suppliers into the international market Despite the growing popularity of access control systems driving the adoption of electronic locking devices, mechanical locks are not projected to falter any time soon. Mechanical locks are forecast to have a positive compound annual growth rate (CAGR) of 3.8% from 2013 to 2017, a new report from IHS. While access control is driving the penetration of elect...

IHS forecasts that market growth will exceed the rate for the wider market for video surveillance equipment A new report from IHS report reveals that over 2 million kilometers of new cabling was used in video surveillance solutions in 2013 Staggeringly, laid end-to-end this is enough cable to wrap around the world 50 times over. A total of $540 million was spent on video surveillance cabling and infrastructure in 2013. Video surveillance applications therefore account...

IHS estimates the world market to be valued at $5.2 billion in 2013, including products such as electromagnetic locks, and exit devices IHS has recently released its first industry report on the mechanical and peripheral locking devices market. IHS estimates the world market to be valued at $5.2 billion in 2013 which includes products such as electromagnetic locks, electric strikes, mechanical locks, exit devices, and accessories. Mechanical locks accounted for the largest por...

Changes to legislation are significantly impacting the market for enterprise data storage in video surveillance globally Changes to legislation are significantly impacting the market for enterprise data storage in video surveillance globally. For example, in Germany the maximum retention time for video surveillance has been increased from 24 hours to 48 hours, this effectively doubles the maximum capacity requirement of video surveillance data storage systems. In the Andhr...

ALPR systems work by using cameras with optical recognition capabilities to identify vehicles and grant access The growing adoption of automatic license plate recognition (ALPR) technology is having an adverse impact on the vehicle entrance control industry, specifically the vehicle barrier and off-street parking systems markets. According to IHS, the presence of ALPR technology is increasing the most for toll ways and off-street parking garages, which is negatively impacting...

The expansion of the market represents the first of 10 key trends that will shape the video surveillance business in 2014 The worldwide market for video surveillance equipment is expected to expand by more than 12 percent this year, according to a new white paper from IHS Technology, entitled “Trends for 2014 - Video Surveillance Trends for the Year Ahead.” Revenue in 2014 is expected to rise to $15.9 billion, up from $14.1 billion in 2013, as presented in the...

Perimeter security at airports in the US to be worth about $25 million for the hardware and software Protecting the perimeter of airports remains a difficult task across the US. On December 25th 2013, perimeter fence breaches occurred at two separate airports, Newark, New Jersey, and Phoenix, Arizona. In 2013, IHS Estimated electronic perimeter security at airports in the US to be worth about $25 million for the hardware and software alone, or about 9% of the perimeter securi...

IHS expects electromagnetic locks and electric strikes will grow at CAGRs of 6.9% and 7.8% respectively The increased popularity of electronic access control systems is contributing to the market growth of electric strikes and electromagnetic locks, each of which is forecast to outperform mechanical locks through 2017. IHS expects from 2012 to 2017, global revenues for electromagnetic locks and electric strikes will grow at compound annual growth rates (CAGRs) of 6.9% and 7.8%...

IHS report provides qualitative and quantitative analysis to identify where the market opportunities are for Safe City projects  FirstNet, a high-speed broadband data network dedicated to public safety using a nationwide spectrum licence, is expected to increase collaboration between emergency responders, a new report from the IHS Security & Fire division has found. Revenues in the American market for electronic security equipment in city surveillance applications to...

The global market for perimeter security in electrical utilities and oil refineries is forecast to top $160 million in 2014 Blake Kozak, Senior Analyst for access control, fire and security at IHS Inc., comments on the high growth and adoption of perimeter security equipment in critical infrastructure applications. Although most critical infrastructure sites are target applications for electronic perimeter security, electrical utilities and oil refineries are projected to hav...

Video and video analytics has been the fastest growing portion of the perimeter security industry since 2010 Video surveillance cameras and analytics continue to be pushed out toward the perimeter at a high rate and are becoming an integral part of electronic perimeter security solutions. According to a recent report published by IHS, the global market for intelligent devices in perimeter security applications is forecast to top $200 million in 2013. Historically, sensors hav...

With shipments of cameras continuing to rise, the daily data dump is expected to more than double in just four years The extraordinary deluge of data in the surveillance business is being triggered by a flood of new high-definition (HD) video cameras entering the market, according to the new report entitled “Enterprise and IP Storage used for Video Surveillance” from IHS Inc. With shipments of such cameras continuing to rise, the daily data dump is expected to...