In the same report**, IMS ranked all vendors providing video surveillance equipment, including digital and analogue security equipment such as cameras, recording solutions and video servers/encoders.
"Axis has consistently gained market share in recent years moving from 7th in EMEA in to be positioned 4th in 2006. Axis strong position in the market demonstrates the importance of network video in today's market", says Simon Harris, IMS Research.
In the security cameras category including all cameras (analogue and network based), IMS ranked Axis as number 3 within EMEA, the same rank as in the previous report, but with an increased market share up to 8.3% from 5.8%. The combined worldwide market for network cameras is forecasted by IMS to continue to grow at an annual rate of 40%.
Gilles Ortega, Regional Manager, Axis Communications commented, "We are pleased to note that the IMS report confirms the positive trend of strong growth in the EMEA region, which is in line with our own expectations."
Axis Communications focuses on the professional segment of the network video market with customers in the education, transportation, government, retail, banking and industrial segments. By deploying standard IT infrastructure, network video systems deliver scalable, flexible, cost-effective and future-proof systems.
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Axis gains market shares in EMEA according to new IMS report
- United Arab Emirates: Sunday, February 10 - 2008 at 13:46
- PRESS RELEASE
Axis Communications, the global leader in the network video market1, announced today that IMS Research estimates Axis' market share for network cameras at 46%* within the Europe, Middle East & Africa region.
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* EMEA market share for network cameras within the 2006 edition was at 42%.** The world market for CCTV & Video Surveillance Equipment, 2007 edition.
1 Axis Communications is the global market leader in the network video market with a market share of network cameras of 32%. The world market for network cameras alone will be worth more than $1bn by 2009. The network camera market is set to have a CAGR of more than 40% per year over the next three years to reach a value of $1.5bn by 2010, according to industry analyst house IMS Research (www.imsresearch.com) in its latest market report entitled 'The World Market for CCTV and Video Surveillance Equipment 2007 Edition' published in December 2007.
About Axis Communications
Axis is an IT company offering network video solutions for professional installations. The company is the global market leader in network video, driving the ongoing shift from analog to digital video surveillance. Axis products and solutions focus on security surveillance and remote monitoring, and are based on innovative, open technology platforms.
Axis is a Sweden-based company, operating worldwide with offices in 18 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on the OMX Nordic Exchange, Large Cap and Information Technology.
For further information about Axis Communications in MENA region, please contact:
Gilles Ortega, Régional Manager, Axis Communications
Tel: 009714- 6091873
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, February 10 - 2008 at 13:46 UAE local time (GMT+4)
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