Video Surveillance to Hit $46B

NEW YORK -- ABI Research believes that the video surveillance market is poised for explosive growth, which the firm forecasts to expand from revenue of about $13.5 billion in 2006 to a remarkable $46 billion in 2013. Those figures include cameras, computers and storage, professional services, and hardware infrastructure: everything that goes into an end-to-end security system.

According to ABI Research vice president and research director Stan Schatt, We’re at a key inflection point in the diverse video surveillance market, because we’re moving from an analog-based industry to a digital one. A rising tide lifts all boats: the result is a multitude of opportunities for vendors.”

ABI Research