Research and consulting company J.P. Freeman Co. Inc. has identified Axis Communications, a global provider in the network video market, as the share leader in the network video market. The 2005 report on the Worldwide Network and IP Video Market estimates that total network camera sales in the U.S. will reach $600 million by 2008.
"In our research, Axis Communications was the most recognized network camera brand among integrators and dealers," said Joe Freeman, president and CEO of J.P. Freeman. "Interest in the network video market continues to be strong and has increased significantly in the past year. We expect that Axis will continue to lead the market with its innovative cutting edge network video technology."
The J.P. Freeman research also estimates that network camera sales will exceed those of analog cameras by 2007 and that network camera sales will more than double those of analog camera sales in the network video market by 2008. Approximately 25 percent of security users in the U.S. currently use network cameras, while 45 percent have plans to buy the technology.
"In 1996, Axis was the first company to launch a network camera," said Fredrik Nilsson, general manager of Axis Communications. "Since that time, we have led the growth and development in this area through our commitment to innovation, market education and consistent performance."
Mr. Nilsson will participate in a panel session at ISC West moderated by Dr. Freeman. The session, "The Explosion of IP Video," will be held on April 6 and will examine security and IT integration as the most influential driver in the security industry.
Axis Communications Address 100 Apollo Dr. Chelmsford, Mass. 01824 Phone 800 444 AXIS Fax 978 614 2100 www.axis.com
