Industry Sectors

Overview		Market Share
As one of the largest and fastest growing segments within the security industry, the video surveillance and recording market has been evolving within the commercial and federal sector. The global market size for video equipment and installation has been estimated at $5.5 billion and is expected to grow 15% annually. Competing within this robust sector are branches of some of the largest security and technology conglomerates. The top seven players have secured 50% of the market share, though none have a dominant position within the industry.

The major trend in video over the past three years has been the increased percentage of software content needed to create value in a video system and the increased penetration of IP-based cameras and digital video management systems
According to a J.P. Freeman study, 30% of security professionals now use IP-based cameras and an additional 45% plan to purchase IP-based cameras
Driven by Internet, networking, specialty vision technologies and integration with biometrics, this market is expected to grow 15% annually and is one of the hottest areas in security