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security
technology market
"Offering a relatively inexpensive
solution compared to trenching
cable, wireless infrastructure deliv-
ers a low-cost option for those
who that want to establish surveil-
lance networks," said Josh Wood-
house, video surveillance analyst
at IHS. "In regions with wide-
spread existing video surveillance
infrastructure, such as the United
States or the United Kingdom, the
adoption of wireless infrastructure
for video surveillance is growing
steadily. However, emerging re-
gions that lack such infrastructure
will generate the strongest growth
MarketforWirelessInfrastructureGearfor
VideoSurveillanceSettoMorethanDoubleby2016
London, UK
The global market for wireless infrastructure gear used
for video surveillance applications is set to more than
double from 2011 to 2016, with a significant amount of
growth driven by demand for low-cost systems in emerg-
ing economies like China and India. worldwide revenue for
such equipment will soar to $705 million in 2017, up nearly
160 percent from $274 million in 2011, according to a new
report published by IMS Research, now part of IHS Inc.
(NYSE: IHS). After increasing by 11 percent in 2012, growth
will accelerate to 15 percent in 2013, with revenue reaching
$350 million, as presented in the attached figure.
in the world, causing the market
for video surveillance wireless in-
frastructure gear to boom during
the coming years."
Keeping an eye on video
surveillance in different
regions
The global market for wireless
infrastructure gear for video
surveillance is expected to expand
at a compound annual growth rate
(CAGR) of 17 percent from 2011
through 2017. Global growth will
be led by China, with a stunning
28.8 percent revenue CAGR dur-
ing the period. The next fastest-
growing region will be the rest of
the Asia region an area including
India which will increase by
27.9 percent. Mexico is set for a
23.1 percent CAGR, Brazil will
rise by 17.4 percent, and the rest
of South America will increase by
26.6 percent.
Asia goes for
wireless surveillance
The Asian market is currently the
smallest and least developed region
for wireless infrastructure gear for
video surveillance. However, Asia is
forecast to grow the fastest among
all global areas in the coming years,
thanks to the region's lack of any
existing wired surveillance infra-
structure, combined with the low
cost of wireless and the booming
demand for security.
Cisco leads the market
Cisco Systems Inc. was the leading
supplier of wireless infrastructure
gear used in video surveillance in
2012, with an 11.7 percent share
of global market revenue.
0
100
200
300
400
500
600
700
800
2011
2012
2013
2014
2015
2016
2017
Millions
of
U
.S.
Dollar
s
IHS
Figure:
Global
Forecast
of
Market
Revenue
for
Wireless
Intrastructure
used
for
Video
Surveillance
(Millions
of
U.S.
Dollars)
Frost&Sullivanpredictsglobalshifttooutsourcingsecurity
London, UK
New analysis from Frost & Sullivan entitled, Analy-
sis of the Global Managed Security Services Market,
finds that the market will be around USd 66.25 billion
in 2012 and estimates this to increase to USD 139.10
billion by 2021. The research covers two key service
segments: physical and IT security.
The increasing complexity of both
IT and physical security require-
ments for commercial and govern-
ment organisations will drive a shift
towards outsourcing security to
managed security service providers
(MSSPs). Adopting an outsourced
model reduces the need for in-
house provision and can provide
the most cost-efficient approach to
an organisations' security.
"In current times, many
organisations remain highly cost-
conscious, motivating them to
outsource their security require-
ments and reduce operating
costs," noted Frost & Sullivan
Aerospace & Defence Research
Analyst Anthony Leather. "Even
while security remains a priority
for organsiations, chief decision
makers are looking to the industry
to provide them with the most
advanced security solutions at the
most competitive prices."
The growing threat and com-
plexity of attacks, especially in the
IT segment, is spurring greater
investment in new and existing
solutions to ensure both physical
and network security. Shifting
security operations to MSSPs
enables organsiations to outsource
progressively more complex secu-
rity requirements to the experts,
while focusing on their own core
business processes.
While there are cost-efficiencies
to be gained through a security out-
sourcing model, some organisations
still prefer to keep security in-house.
This allows them to address issues
immediately, without relying on
outside companies.
"A common concern among
security managers is the wide range
of companies that MSSPs have to
monitor," added Leather. "This might
result in the untimely handling of
security breaches or incidents."
Focusing on the larger markets,
such as North America and Europe
where outsourcing security services
is a more accepted practice, will
help build market share and a strong
customer base for companies. This
trend is expected to spread to other
regions.
2012
$66.25
billion
$139.10
billion
2021
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