10 Million Security Cameras to be Installed in China in 2010

forecast that over 10 million security cameras will be shipped for domestic consumption

In 2010, approximately 10% of Chinese security camera market revenues will come from the sale of network cameras. IMS Research (www.imsresearch.com) has issued this forecast in the newly published report “The China market for CCTV and Video Surveillance Equipment – 2010 edition”.

 

It is forecast that over 10 million security cameras will be shipped for domestic consumption in China in 2010. Network security cameras are forecast to account for only 3% of the market in terms of unit shipments. However, due to the higher average selling price than analogue security cameras, they are forecast to account for 10% of total security camera market revenues in 2010. The compound annual growth rate (CAGR) of network security cameras is forecast to be in excess of 40% between 2010 and 2014. Utilities and transportation are forecast be the fastest growing markets for network security cameras over the next five years.

 

“The combination of analogue camera plus encoder still accounts for the majority of the market for IP surveillance in China. In terms of the number of IP surveillance channels, network cameras only account for around one-fifth of the total,” comments market analyst, Bo Zhang. “However, network cameras are forecast to grow faster than video encoders in the next five years. Network cameras are becoming increasingly important in the Chinese security industry.”

 

About Security Buyer

Security Buyer is the leading authority in global security content, delivering expert news, in-depth articles, exclusive interviews, and industry insights across print, digital, and event platforms. Published 10 times a year, the magazine is a trusted resource for professionals seeking updates and analysis on the latest developments in the security sector.

To submit an article, or for sponsorship opportunities, please contact our team below.

Rebecca Spayne picture 2025

Rebecca Spayne

Managing
EDITOR

Georgina Turner image

Georgina Turner

Sales
Manager

Afua Akoto image - Security Buyer

Afua Akoto

Marketing Manager

Read the Latest Issue

Follow us on X

Follow us on X

Click Here

Follow us on LinkedIn

Follow us on LinkedIn

Click Here

Advertise here

Reach decision makers and amplify your marketing

Advertise here

Click Here

Related News

Scroll to Top