The IMS report estimates the company’s global market share for network cameras at 33.5 per cent, up from 32 per cent the previous year.
The 2008 edition of the annual IMS Research report ‘The World Market for CCTV & Video Surveillance Equipment’ is based on reported data for 2007 and contains information on all vendors providing analogue and digital video surveillance equipment such as cameras, recording solutions and video encoders.
Axis is positioned as number six in the world in the category ‘Vendors providing surveillance equipment’ during 2007, compared with number eight in the preceding report.
Growth predictions
In the security cameras category, including analogue as well as network cameras, IMS Research ranks Axis as number three in the world, compared with number four in the preceding report.
In the category network cameras Axis remains the market leader, and says it has “increased the gap to the other competitors by taking market shares”.
The IMS report forecasts strong long term growth for network video products, with an average yearly growth of 35 per cent in the next five years.
“The IMS report once again confirms our strong position as global market leader, where we have further strengthened our position on the network video market; a market with continued positive long-term growth potential,” said Ray Mauritsson, president of Axis Communications.