China’s enormous appetite for video surveillance cameras is making making a shift toward IP cameras, a report from IMS Research says.
In a survey, more than half of the respondents indicated that fewer than 5 percent of the cameras that they installed over the last 12 months were network cameras. But more than half also indicated that in three years time, more than 25 percent of cameras installed will be network cameras (half of those respondents indicate network camera installation will rise to over 50 percent).
“This is a vast uptake in the use of network cameras and suggests very positive market growth for network video surveillance equipment in China in the coming years,” the firm said.
“However, there are still some key factors limiting the use of IP-based security products in China.“ said IMS market analyst Bo Zhang. “Over 50 percent of survey respondents stated that the reliability of IP-based security products had a high-impact in limiting their use of IP-based products. Clearly, if respondents cannot source reliable IP-based security products, then it significantly impacts their decision to use them. Making products that are reliable and give a sense of reliability to the customer is a critical task for IP product manufacturers. “