The market for video surveillance hardware will be worth $15bn by 2014 according to market intelligence firm In-Stat.
Revenue from analogue cameras, IP cameras, DVR/NVR, and IP encoders regained its 2008 position last year, following a downturn in 2009.
The firm believes that the Asia/Pacific region will lead the way in shipments of surveillance camera units, but that it will be lower than both America and EMEA in terms of revenue due to lower prices for both cameras and systems in the region.