Wireless CCTV Market US705 Million By 2017
by Security Electronics and Networks | @Articles CCTV | April 4, 2013, 7:00am AEDT
Demand will continue to increase, IHS predicts, and global revenues will reach $US705 million in 2017. While much of the growth is expected to come from China and India, “the North American market is currently the largest market and is expected to exhibit steady year-on-year growth,” Josh Woodhouse, IHS video surveillance analyst said.
“Typically these are deployed in either point-to-point, point-to-multipoint or mesh topologies to form a wireless network,” Woodhouse explained. “Like all of our equipment reports, the revenues relate only to physical sales of the equipment, not service, installation or maintenance revenues.”
Woodhouse said Cisco, Motorola Solutions, Cambium Networks and Firetide were major suppliers to the market. Cisco had an 11.7 percent market share in 2012 and he explained benefits of using wireless infrastructure include “quicker deployment and increased future scalability compared with wired solutions.”
“There’s a split in the market between the high-end, large-scale installations you think of, and smaller low-cost installations often at a commercial site,” Woodhouse said. “Different companies serve these different markets. Wireless is increasingly used as a simple wireless cable where one camera can be connected wirelessly to an existing video surveillance network,” he said.
IHS expects increased penetration in city surveillance projects, which Woodhouse said is the largest vertical market for wireless systems, as well as in the transportation and utilities verticals, particularly in oil, gas and mining.