According to a new report from IHS, there were 245 million professionally installed video surveillance cameras active and operational globally in 2014. This is the first time in the market research firm’s history that it has measured the installed base of security cameras.
Niall Jenkins, research manager for video surveillance, security services and smart home at IHS, said that while the vast majority of these cameras were analog, over 20 percent were estimated to have been network cameras and around two percent were HD CCTV cameras.
The analysis was derived from 10 years of unit shipment data collected for IHS' video surveillance research. The firm said that it estimated the service life of cameras in each sub-region by end-user industry to size the current installed base. Other findings from the research include:
- Asia accounted for 65 percent of installed security cameras in 2014. In 2016, Asia is forecast to account for 68 percent of the installed base of security cameras, driven primarily by unit shipment growth in China.
- The installed base is characterized by different drivers in each region. In China, average camera prices are typically lower and there is a higher replacement rate. Installers and integrators cost less so replacing a faulty product is less cost prohibitive. In Europe and North America, there is more of a price premium and a focus on product reliability.
- Hikvision is estimated to have had the largest number of security cameras installed worldwide in 2013. Samsung Techwin is estimated to have been second. Supply has been fragmented though with the top 10 camera vendors accounting for less than 40 percent of all installed cameras.
- Axis Communications is estimated to have had the largest number of installed network cameras in 2013, with Hikvision in second place. These two companies were the only vendors with more than 10 percent of the installed base of network cameras in 2013.
For more information, visit www.ihs.com.