US Edition
Security camera lens, CCTV Camera, Digital Recorder, Telemetric Transmitter and Controller, Intruder Alarm Control Panel, Access Control Reader, Dome Camera
Home  |  Settings  |  Marketing Options  |  eNewsletters  |  About Us  |  FAQs    Join on LinkedIn

Network / IP - News

IMS Research: Chinese video surveillance market witnesses substantial growth in revenue

Published on 27 November, 2012
report emphasizes on network security camera market as a key driver of this growth
The report mentions the market's worth as $2.6 billion in 2011, an increase of more than 30 percent over 2010

In its fifth edition report on the Chinese video surveillance market, IMS Research (recently acquired by IHS Inc., estimated that the market was worth $2.6 billion in 2011, an increase of more than 30 percent over 2010. A key driver of this growth was the network security camera market.  

City surveillance and transportation are the largest end-user industries in China. However, as economic growth slowed in 2011, investment in city surveillance also declined. In the second half of 2011, a number of high-speed railway construction projects were stopped or delayed due to financing difficulties caused by the global financial crisis. As a result, growth in the analogue video surveillance equipment market started to slacken.  

Cheryl Li, report author and research analyst at IMS Research comments, “Due to the increasing demand for high resolution images, network security products, especially network cameras, gained market share in 2011. In fact, network camera revenue increased 130 percent in 2011. In addition, the growth also benefited from the increasing number of participants in the market. It should be noted that competition also reduced pricing, which is an important element in the market.” 

Li continues, “High definition is a definite trend for the video surveillance market in China over the next few years. Besides network security products, HD-SDI products also gained greater attention. However, HD-SDI products are still expensive, and lack of a complete HD solution in the market. As a result, we estimated that it only had limited shipments in 2011.” 

China’s GDP growth is targeted at 7.5 percent for 2012, marking the first time the figure has dropped below 8 percent in the past eight years. However, the government is continuing its investment in the western area, which may create new opportunities in end-user industries, such as city surveillance, airports and railways. In this latest China video surveillance market research, IMS Research forecasts that the market will grow at a relatively high compound annual growth rate (CAGR) of 20 percent over the next five years.

Bookmark and Share
Latest in
Network / IP Security Events

See privacy and cookie policy
Browsing from the Americas? Looking for US Edition?
View this content on US Edition, our dedicated portal for our Americas audience.
Do not show me this again
International EditionUS Edition