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Axis strengthens its leading market position
16 May 2012 – As confirmed in the latest IMS Research report, Axis Communications has strengthened its market leader position in network video and has taken the number one position in the category of surveillance cameras.
“The report confirms our own estimates of gained market shares last year, where we presented a growth of 33 percent,” says Phil Doyle (photo above), regional director, Northern Europe, Axis Communications. “We further strengthened our position by continuing our strategy, which is based on the three cornerstones; launch of innovative network video products, a well-developed partner network and global expansion.”
Axis continues to be ranked number one and is the recognised market leader in the category of network cameras. Even in the surveillance cameras category, including analogue as well as network cameras, Axis has taken a global number one position, compared to number three in the previous IMS report.
“In line with our own predictions, IMS Research forecasts strong, long term growth for network video products with an average yearly growth of 25 percent in the coming years,” says Doyle. According to IMS Research, by 2016 network camera sales are forecast to account for approx. 60% of total worldwide surveillance camera sales, compared to approx. 40 percent in 2011.
Additional Information
The 2012 edition of the annual IMS Research report “The World Market for CCTV & Video Surveillance Equipment” is based on reported data for 2011 and contains comprehensive information on all vendors providing analog and digital video surveillance equipment such as cameras, recording solutions and video encoders.
About Axis
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 analogue 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 Swedish-based company, operating worldwide with offices in more than 20 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on the NASDAQ OMX Stockholm Exchange under the ticker AXIS.
For more information about Axis, please visit our website at http://www.axis.com