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Increasing Preference for IP Solutions Spurs SEA and ANZ Video Surveillance Market Finds Frost & Sullivan - Technological advancements in video analytics encourage adoption of IP, despite customer perceptions of its high price points - Autoid.Frost.com
Increasing Preference for IP Solutions Spurs SEA and ANZ Video Surveillance Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2011/09/06 - Technological advancements in video analytics encourage adoption of IP, despite customer perceptions of its high price points - Autoid.Frost.com.

   
 
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The Southeast Asian and Australia and New Zealand (ANZ) video surveillance market has evolved beyond analogue systems and is emerging as a hotbed for IP solutions. This shift in focus is mainly due to various governments' rising preference for IP.

New analysis from Frost & Sullivan (autoid.frost.com), Southeast Asian and ANZ Video Surveillance Market, is estimated to grow at a CAGR of over 18.2 percent from 2010-2017.

"A need for high security and better quality recording has prompted many countries to seek IP solutions," notes Frost & Sullivan Industry Manager Parul Oswal. "Moreover, there is a desire among companies to install surveillance infrastructure on their IP network."

IP is evolving as many information technology (IT) professionals are available to help set up the required infrastructure. This availability of skills is likely to encourage numerous verticals to take up IP, leading to exponential market growth. In the long-term, a complete shift from analogue to IP video surveillance is expected.

At present, the market is shifting from simple IP to mega pixel cameras to high definition. IP cameras are manageable in terms of transmission in large installations. However, the uptake of technology on a larger scale may take some time.

Video analytics is a key driver for IP, with people starting to realise the importance of obtaining detailed information. Although the price is still an issue for most end users, they will be persuaded by the technology developments in facial recognition, license plate recognition, language capability and motion detection.

Video analytics developers need to customise their products to suit individual customer's requirements. Currently, the communication infrastructure of every organisation is based on transmission control protocol (TCP)/IP networks.

"The migration to digital systems requires large investment and a thorough analysis of existing network infrastructure," observes Oswal. "However, an IP-based system presents a much lower cost than a corresponding analogue system, as manufacturers are developing IP products at analogue price points."

If you are interested in more information on this study, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Southeast Asian and ANZ Video Surveillance Market is part of the Automatic Identification & Security Growth Partnership Services programme, which also includes research in the following markets: Northeast Asia RFID Markets, Southeast Asia Intrusion Detection Markets and Northeast Asia video surveillance markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Southeast Asian and ANZ Video Surveillance Market / P517

 
 
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Increasing Preference for IP Solutions Spurs SEA and ANZ Video Surveillance Market Finds Frost & Sullivan

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Frost & Sullivan |
Publisher Contact: Donna Jeremiah / Carrie Low 
+603-6204-5832 / +603-6204-5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
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