Video Surveillance Analyst at IHS “The size of South Africa’s network video surveillance equipment market surpassed the analogue market for the first time in 2012”. With a video surveillance equipment market size of approximately $90 million South Africa is the largest country level market in Africa and amongst the most technologically mature.

The data from IHS’ recently published report on the African market for video surveillance equipment shows that in 2012 the transition from analog to network equipment passed a milestone: for the first time, revenues from network equipment surpassed those from analogue. The market transition will continue with an increasing proportion of future revenues coming from network equipment. However, due to a combination of low economic growth, a weakening Rand and on-going labour disputes in key vertical markets for video surveillance, we remain conservative about the current growth prospects for the video surveillance market in South Africa.

Single digit growth is forecast for 2013 and 2014. Not the end of analogue There remains a high installed base of analogue equipment in South Africa. Analogue equipment still accounts for the majority of unit shipments and, unlike other regional markets in Europe or North America, shipments are forecast to grow. In certain vertical markets analogue equipment is likely to remain the technology of choice.

The residential sector is one such example: analogue equipment offers a low-cost, easy-to-install solution and each year a high number of cameras are installed by small security professionals covering […]