IHS forecasts the global security camera market to grow by two-thirds to $23 billion by 2017. "The market is growing quite quickly, and is forecast to grow the most in Asia," said Jon Cropley, principal analyst for video surveillance at IHS. "But it's a highly fragmented and competitive market with lots of companies involved. Coming up with a unique selling point can be difficult."
Canon to Develop Cameras and Sensors for Security
IHS forecasts the global security camera market to grow by two-thirds to $23 billion by 2017. "The market is growing quite quickly, and is forecast to grow the most in Asia," said Jon Cropley, principal analyst for video surveillance at IHS. "But it's a highly fragmented and competitive market with lots of companies involved. Coming up with a unique selling point can be difficult."
