According to the 2012 edition of "The World Market for CCTV & Video Surveillance Equipment" report from IMS Research, Axis Communications is now the top global manufacturer of surveillance cameras, including providers of both IP-based and analog solutions.
Though Axis, which only makes IP-based video products, has been a recognized leader in network camera production for some time, the company said in a statement that it still ranked third overall in this same report last year.
"The video surveillance industry – despite the impression often painted on TV and in the movies – is one of the last holdouts to fully embrace the digital age," said Fredrik Nilsson, general manager, North America, at Axis. "But the fact that an all-IP provider is now the number one manufacturer of all surveillance cameras worldwide is a sure fire sign that the analog to digital shift in video surveillance is upon us. The numbers for the North American market are even more promising."
According to IMS, network camera sales are forecast to account for approximately 60 percent of worldwide surveillance camera sales by 2016, compared to 40 percent in 2011.
"The report confirms our own estimates of gained market shares last year, where we presented a growth of 33 percent," said Axis President and CEO Ray Mauritsson. "We further strengthened our position by continuing our strategy, which is based on the three cornerstones: launch of innovative network video products, a well-developed partner network and global expansion."