According to a new report from market research firm Frost & Sullivan, the IP camera market in Europe has seen a slight resurgence following the recent economic downturn that hampered sales.
Though analog still accounts for a majority of sales, Frost & Sullivan expects revenues for IP-based technology in the European video surveillance camera market to increase from $765 million in 2009 to nearly $959 million by 2015.
Researchers say that end-users are beginning to prefer IP cameras over analog due to the higher quality images they provide.
"Video surveillance solutions are becoming a norm in most security installations," said Frost & Sullivan Senior Research Analyst Archana Rao. "In addition, advanced integration and remote monitoring capabilities combined with falling prices is positioning surveillance as an affordable solution in security as well as non-security applications."
For more information about the report, visit http://www.autoid.frost.com.