Video surveillance semiconductor market to reach $2 Billion by 2012

According to research from MultiMedia Intelligence, the video surveillance semiconductor market will pass $2 Billion by 2012. The opportunity for semiconductors in video surveillance is driven by both top-line unit growth in the surveillance market, as well as an on-going shift to digital and networked video surveillance. The trend toward IP-based video surveillance equipment ushers in an innovation and technology race that favors sustained semiconductor value.

“The CCTV camera segment is currently the largest semiconductor segment, due to size of the CCTV camera market,” according to Mark Kirstein, President of MultiMedia Intelligence. “However, by 2012, DVR/NVR equipment will become the largest semiconductor opportunity. This will be followed closely by IP/Networked surveillance cameras as they surpass CCTV cameras to become second largest semiconductor opportunity within video surveillance.”

 

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