Network Products and Solutions Drive Growth of China Video Surveillance Branding Equipment Market [September 10, 2013] (M2 PressWIRE Via Acquire Media NewsEdge) El Segundo, Calif. –Shipments of network cameras in China will grow sixfold from 2012 to 2017 and proceed to surpass analog counterparts in terms of revenue before the end of the period, according to a new report from IHS Inc. (NYSE: IHS), a leading global source of critical information and insight. Network products will be responsible for driving the growth of the China video surveillance equipment market within the five-year forecast window. While shipments for China’s total video surveillance equipment are expected to enjoy a compound annual growth rate (CAGR) of 19.5 percent from 2012 to 2017, the shipment CAGR for network cameras is projected at double the rate for the same period, topping out at 43.6 percent. High-definition (HD) network cameras will be especially successful with the highest shipment CAGR of all segments, equivalent to a remarkable 56.3 percent. The market will owe its expansive growth to a number of drivers. For one, the incidence of domestic religious and ethnic conflicts has increased, compelling the government to expand its investment into safe-city projects. In another, intelligent traffic systems will make up one of the few applications that can guarantee stable investment returns. Both safe- city applications and traffic monitoring are the two hottest vertical markets in which network products are the prime choice. HD and high-megapixel network cameras, in particular, will be very popular for their […]

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