Market Analysis

The machine vision market is complex, composed of myriad niche applications that are either industrial or non-industrial. To simplify the machine vision market’s structure and dynamics, we’ve created a novel market segmentation that cross-references technical and behavioral criteria. By cross-referencing technical and behavioral needs, nine homogeneous groups of key machine vision customers have been defined. […]

In 2014 the total African market for video surveillance equipment is forecast to be worth over $200 million. The African market represents a small chunk of the global market which will pass $15 billion this year, but with on-going difficulties in several other regional surveillance markets, more vendors have applied resource to Africa to take

Changes to legislation are significantly impacting the market for enterprise data storage in video surveillance globally. For example, in Germany the maximum retention time for video surveillance has been increased from 24 hours to 48 hours, this effectively doubles the maximum capacity requirement of video surveillance data storage systems. In the Andhra Pradesh state of

The growing adoption of automatic license plate recognition (ALPR) technology is having an adverse impact on the vehicle entrance control industry, specifically the vehicle barrier and off-street parking systems markets. According to IHS, the presence of ALPR technology is increasing the most for toll ways and off-street parking garages, which is negatively impacting the growth

Protecting the perimeter of airports remains a difficult task across the US. On December 25th 2013, perimeter fence breaches occurred at two separate airports, Newark, New Jersey, and Phoenix, Arizona. In 2013, IHS estimated electronic perimeter security at airports in the US to be worth about $25 million for the hardware and software alone, or

The recent train station bombing in Volgograd Russia has once again focused attention on the vulnerabilities of rail infrastructure. According to a recently published report by IHS, purchases of explosives, weapons, and contraband (EWC) detection equipment at rail stations worldwide is expected to increase by 3.3% in 2014, and 8.8% in 2015. A large amount

IHS has recently released its fifth annual white paper on the key trends for the video surveillance industry. 2014 is all set to be another exciting year for the industry, with big data, thermal cameras, embedded audio capabilities and the rise of the cloud in China just a few of the trends to watch out

On the anniversary of Sandy Hook, many schools have already made changes to policies and security systems. IHS has forecast strong growth for security equipment in US schools for the next several years. IHS estimates the market size for security equipment in schools to reach $634 million this year and is expected to surpass $720

Although most critical infrastructure sites are target applications for electronic perimeter security, electrical utilities and oil refineries are projected to have the most growth opportunity. The global market size for electronic perimeter security sensors and video in electrical utilities and oil refineries is forecast to top $160 million in 2014. Electrical utilities have experienced strong