A few days ago, a new research report from IMS pointed out that China's video surveillance equipment market has very great potential. Market analysts believe that China's video surveillance market has slowed down in 2008 over the past few years, mainly due to the global financial crisis and China's 2008 major events, including the Olympic Games and the Sichuan earthquake. When facing the challenges of the financial crisis, the Chinese government will take a series of actions to expand domestic demand and promote economic growth. Among the new policies, 586 billion U.S. dollars are used for the construction of infrastructure such as roads, railways, and airports, and reconstruction of disaster areas. Therefore, 2009 and 2010 are expected to promote the rapid development of China's video surveillance market.
The report anticipates that in 2012, China will purchase 16 million security cameras for new surveillance deployments and replacement of old products. The security camera investment will account for one third of all equipment markets. The Chinese surveillance market has shown a clear trend of upgrading, from basic box cameras to higher-end modules such as high-speed spherical cameras and box-type zoom cameras.
DVR is also a major component of China's video surveillance market. Local Chinese DVR manufacturers dominate this market, and IMS expects that over 80% of DVRs in the Chinese market in 2008 will be Chinese brands.
In the Chinese market, the development from analog video surveillance to network video surveillance is also a general trend. It is estimated that sales of network video surveillance equipment, including network cameras, video servers, NVRs, and network video surveillance software, accounted for less than 10% of total investment in 2008. However, the market is expected to grow substantially in the next few years and it is expected that the growth rate will reach 55.6% from 2007 to 2012.
The report anticipates that in 2012, China will purchase 16 million security cameras for new surveillance deployments and replacement of old products. The security camera investment will account for one third of all equipment markets. The Chinese surveillance market has shown a clear trend of upgrading, from basic box cameras to higher-end modules such as high-speed spherical cameras and box-type zoom cameras.
DVR is also a major component of China's video surveillance market. Local Chinese DVR manufacturers dominate this market, and IMS expects that over 80% of DVRs in the Chinese market in 2008 will be Chinese brands.
In the Chinese market, the development from analog video surveillance to network video surveillance is also a general trend. It is estimated that sales of network video surveillance equipment, including network cameras, video servers, NVRs, and network video surveillance software, accounted for less than 10% of total investment in 2008. However, the market is expected to grow substantially in the next few years and it is expected that the growth rate will reach 55.6% from 2007 to 2012.
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