North American IP Video Surveillance Storage MarketsPublished by: Frost & Sullivan
Published: Feb. 20, 2007 - 6500 Pages
Table of Contents
1. Executive Summary
1. Introduction
1. Overview
2. Analysis of the Total North American IP Video Surveillance Storage Market
1. Market Overview
1. Market Overview and Definition
2. Market Trends
3. Market Forecasts
2. End-user Vertical Market Analysis
1. Overview
2. Gaming
3. Government
4. Enterprise
5. Retail and Commercial
6. Financial
7. Health Care
8. Educational
3. Competitive Analysis
1. Analysis of the Competitive Landscape
2. Competitive Profiles
3. Appendix
1. Decision Support Database
1. Number of Airports
2. Number of Retail Stores
3. Number of Schools
4. Number of Universities
5. Number of Manufacturing Enterprises
6. Number of Commercial Banks
7. Number of Hotels and Restaurants
Abstract
This Frost & Sullivan research service titled North American IP Video Surveillance Storage Market provides an overview of the IP video surveillance storage market, the unit shipment and revenue forecasts for network video recorder (NVR) and digital video recorder (DVR) in the North American region, and profiles of leading participants in the market. In this research service, Frost & Sullivan's expert analysts thoroughly examine both NVR and DVR in the gaming, government, enterprise, retail, financial, healthcare, and education sectors.
Market Overview
Increasing Security Concerns and Cost-effective Manufacturing Fuel Growth in IP Video Surveillance Market
With an increase in public and private security concerns, the IP video surveillance market is expected to witness massive growth in the next few years. Directives such as Homeland Security Presidential Directive (HSPD-12) have urged federal government agencies to invest in the IP video surveillance to upgrade security infrastructure. This is particularly so because IP surveillance enables real time video analytics. Besides, the fall in the price of hard disk drives (HDDs) and the higher video footage storage capabilities of IP video surveillance systems make a strong case to justify the cost of replacing older analog networks with IP surveillance.
The increase in demand for IP video surveillance and growing competition due to new market entrants are in turn pressurizing key manufacturers to provide high-end components at relatively low price. "To allay such challenges, original equipment manufacturers are outsourcing components and OEM modules from Asian countries such as China, South Korea and Taiwan," says the analyst "This is proving to be cost effective for manufacturers, notching up profits."
Ramping Up of Security in Airport and Gaming Sectors Boosts Adoption of IP Video Surveillance
As IP network enables remote monitoring, there has been a considerable increase in the installation of IP video surveillance storage systems in casinos, airports, banks, hospitals and schools. "For instance, the 6 million square-feet, Wynn casino in Las Vegas is the single largest installation in terms of the number of IP cameras, in the last few years," says the analyst. "When it takes shape, the new World Trade Center in New York too is expected to heavily utilize IP video surveillance." Overall, the market is all set to thrive with continuing demand for government and gaming applications.
Further, key participants are working to overcome the low awareness levels with respect to high-end technology such as Internet Small Computer System Interface (iSCSI), which uses the TCP/IP network for data transfer. Through multiple training programs on IP surveillance for public and private sector organizations, vendors hope to allay concerns regarding IP surveillance -particularly among traditional security integrators.
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