Research and Markets: Southeast Asian, Australia and New Zealand (ANZ) Video Surveillance Market

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/c5d851/southeast_asian_a) has announced the addition of Frost & Sullivan's new report "Southeast Asian, Australia and New Zealand (ANZ) Video Surveillance Market" to their offering.

IP Cameras Drive Southeast Asian and ANZ Video Surveillance Market by Achieving Exponential Growth at a CAGR of 42.2 per cent from 2010 to 2017

Video Analytics Provide Detailed Information and Encourage Adoption of IP, despite End Users Deeming it Expensive

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. A need for high security and better quality recording has prompted many countries to seek IP solutions, notes the analyst of this research service. 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, notes the analyst. 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.

The following technologies are covered in this research:

• Cameras (IP/Analog)
• Video encoders
• Digital video recorder
• Surveillance software
• Network video recorder

For more information visit http://www.researchandmarkets.com/research/c5d851/southeast_asian_a