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Samsung Increases Market Share in Video Surveillance Arena
Latest IMS Research Places Samsung 2nd in Security Camera Rankings
Ridgefield Park, NJ (June 12, 2012) – In a security camera market estimated by IMS Research to be worth approximately $1.451 billion in 2011, Samsung Techwin America is ranked 2nd in terms of analogue camera market share and 5th in overall camera share.
This latest ranking moves Samsung up from the number six overall position it held in 2010, and increases its market share from 4.5% in 2010 to 4.6% in 2011.
A similar boost was seen in the CCTV and Video Surveillance Equipment market category, where Samsung moved from the number 10 position with 2.1% market share in 2010 to the number nine position in 2011 with 2.5% market share.
“Samsung’s technology and customer support leadership has provided unparalleled opportunities for growth, and continues to facilitate increased market penetration in the Americas,” said Frank De Fina, Samsung’s Senior Vice President of Sales and Marketing, North America. “Complementing our leadership and brand image is a strong product portfolio that offers added value and performance for our reseller partners and end-users.”
“Samsung has experienced many exciting successes as we continue to tailor how we conduct business to meet the changing needs of the market. We’ve also taken a more aggressive and unified stance in how we develop new products and bring them to market.
When combined with the power of the Samsung brand, this provides us with an added advantage that helps ensure continued growth in the Americas,” continued Mr. De Fina.
About Samsung Techwin America
Samsung is a leading supplier of advanced video surveillance solutions for IP-video, analog and hybrid systems. Building on the company’s history of innovation, Samsung Security Systems is dedicated to providing systems solutions with the highest levels of performance, reliability and cost-efficiency. As a subsidiary of a $117 billion international market maker, Samsung is committed to the continued development of innovative systems products for professional security applications.
For more information, visit www.samsung-security.com