IHS Markit News

Video surveillance equipment vendors report their 2018 revenue data to IHS Markit in the first quarter of 2019, which is when we calculate the rate the professional video surveillance market grew in 2018. However, we expect this rate will have been around 10 percent globally -- slightly higher than the 9.3 percent growth in 2017 and much higher than the 3.9 percent growth in 2016. Changing Market Trends Despite this healthy rate of growth, 2018 was not without its challenges and surprises. Cha...

Using a smart phone as an access control credential is an idea whose time has come – or has it? The flexible uses of smart phones are transforming our lives in multiple ways, and the devices are replacing everything from our alarm clocks to our wallets to our televisions. However, the transformation from using a card to using a mobile credential for access control is far from a no-brainer for many organizations, which obstacles to a fast or easy transition. We asked this week’s Exper...

According to IHS Market, it is estimated that there are over 60 million security cameras in the United States, and other reports say these cameras capture more than four billion hours of footage per week. Over the last decade, IP camera technology has dominated the conversation as it has provided users with a broad offering of enhanced image quality and features. With a large percentage of existing security systems relying on analog, many end users looking for high definition (HD) video qualit...

Historically, storage has been a challenge for video system designers and installers, with requirements rising along with camera resolutions. The addition of big data, the Internet of Things (IoT), integrated systems and IT applications to the mix have multiplied storage needs exponentially. Another thing contributing to increased storage demands is the expanded use of video surveillance for more than just security. Video deployments are growing rapidly because organizations recognize the value...

Consolidation – a decrease in the number of companies in a market achieved through mergers and acquisitions (M&A) – has been an important trend among manufacturers in the physical security market for many years. More recently, the trend has also appeared to extend to the integrator market. Larger integrators have been buying up other large integrators; in some cases, they have also been buying up smaller, regional integrators to expand their geographic coverage area. We wondered...

The Internet of Things (IoT) is having a significant and ever-changing impact on the way we view video security. Today, cameras are expected to be so much more than devices with which to simply capture images; they need to be far smarter than that. These future-facing cameras are becoming an integral part of the vast digital connectivity infrastructure, delivering a parallel performance as intelligent sensors with the ability to extract the kind of invaluable data that helps businesses make impr...

Micron has announced general availability of the 128GB and 256GB density of edge storage microSD card solutions and collaboration with several leading video surveillance solution providers to promote surveillance-grade edge storage. Built on Micron’s industry-leading 64-layer 3D TLC NAND technology, the newly released solutions enable greater capacity in a smaller space, delivering up to 30 days of surveillance video storage in the camera itself. Over 98 percent of all microSD cards sold...

BCDVideo, producer of purpose-built IP video storage solutions, announced the signing of an Original Equipment Manufacturing (OEM) agreement with Dell EMC OEM Solutions. The collaboration enhances BCDVideo’s product portfolio with the inclusion of end-to-end solutions featuring Dell EMC Server, Storage and Networking platforms, along with Dell commercial client products. Dell EMC has demonstrated a strong commitment to providing security integrators unparalleled access to a wide range of...

BCDVideo, the premier enterprise-quality, purpose-built IP video storage solutions provider, announced the signing of an Original Equipment Manufacturing (OEM) agreement with Dell EMC OEM Solutions. The collaboration enhances BCDVideo’s robust product portfolio with the inclusion of end-to-end solutions featuring Dell EMC Server, Storage, and Networking platforms, along with Dell commercial client products. As the market leader in data storage and server solutions, Dell EMC has demonstrat...

Umbo Computer Vision, a provider of autonomous video security technology, has announced the release of Umbo SmartBullet. Umbo SmartBullet is the bullet-style variant of its learning cameras for businesses, integrators and governments looking for autonomous video security capabilities and a simple end-to-end user experience. Surge In Camera Deployments “Approximately 119 million professional video cameras were sold globally in 2017*,” said Jon Cropley, Principal Analyst in Video Sur...

The smart home market has seen significant growth since 2010. Specifically, less than 0.5% of homes in the American region had connected home devices such as thermostats, lighting, security and entertainment in 2010; by the end of 2017, nearly 12% of households in the region will have connected home devices, an average of six devices per home. The success of smart homes started with professional security providers offering bundled packages, focused mostly on security monitoring. However, due to...

Genetec Inc., a technology provider of unified security, public safety, operations, and business intelligence solutions, has announced its show lineup for ASIS 2017, where it will be exhibiting at Booth 3147 at the Kay Bailey Hutchison Convention Center in Dallas, Texas.  Recognized by IHS Markit® as the only vendor to achieve top market share rankings across multiple security and hardware appliance categories in 2016, the company will demonstrate how its latest innovations help enterp...

Milestone Systems, the  open platform community in networked video management software (VMS), not only retained the number one global position but also holds the number one spot in both Europe/Middle East/Africa (EMEA) and Asia/Pacific (APAC) and ranks number three in Americas. “Milestone continues its growth with an increase in net revenue of 18 % in 2016 over the year before and has significantly exceeded the overall market growth. Our continued focus on co-creation of revenue and...

As the trend from analog to IP continues to progress, more and more security devices are IP-enabled for seamless network integration With rising concerns over organizations’ physical security and potential network vulnerabilities, it has become more important now than ever for security professionals and other decision makers to take actions that will guard against potential problems and help prevent system failures. One specific area of heightened focus is the implementa...

Keen Yao responds to reports around Hikvision's ties to the Chinese state, and its role as the biggest video surveillance equipment manufacturer in the world Hikvision has been in the news in the United Kingdom recently, including a front page news story in The Times. SourceSecurity.com offered Keen Yao, Vice President at Hikvision’s International Business Centre, a chance to set the record straight regarding concerns expressed about hacking of cameras, the company&rsquo...

The e-government and healthcare identification market is very much driven by individual projects Shipments of electronic government (e-government) credentials—including e-passports, e-identity cards, e-health cards and e-driving licenses, and others—are projected to reach 1 billion units in 2020, nearly doubling 2015 volume.Project-Driven MarketThe e-government and healthcare identification market is very much driven by individual projects. Whether these projects c...

  Summary Date: Tuesday, September 20, 2016 Time: 10:00am PT / 1:00pm ET / 5:00pm UTC Duration: 45 minutes + Q&A What's The Webinar About? Mobile credentials are one of the most exciting areas of the access control market. The transformation caused by the development of various mobile solutions in payment, banking, ticketing and automation is poised to deliver similar changes in the access control industry. Mobile credentials are now entering the market...

The command and control room and PSAP market is expected to grow significantly over the next four years The command and control room and public safety answering point (PSAP) market is expected to grow at a compound annual growth rate of 7.1 percent from $5.4 billion in 2015 to reach $7.6 billion in 2020, according to IHS Markit a provider of critical information, analytics and solutions. Major factors spurring market growth include national public safety initiatives like First...