The sales rate of video equipment continues to grow

Video surveillance equipment has been in demand for many years. Its benefits are visible to both individuals and representatives of organizations. The turnover of these products is only increasing every year. In 2017, the number of sales increased by 9% compared to the last reporting period. Judging by the indicators of 2018, the growth continues.
According to IHS Markit the pace of sales growth will continue to increase. Experts believe that this year the revenue from the sale of goods will amount to about 18.5 billion dollars. The key reason is not the increase in cost (there are many low-cost and high-quality systems), but the increase in the number of consumers of the service.
Today, a private individual, as well as a small entrepreneur, can afford a video surveillance camera. Due to the mass of sales for relatively small amounts, the overall growth of the indicator is achieved. At the same time, prices on average remain unchanged or even decrease due to cheap products of acceptable quality.
An interesting fact: among the many manufacturers, there are "giants" of the market, producing a total of 62% of video equipment. The main part of the cameras being assembled today are network (IP) cameras. Relatively recently, they were poorly available and had little power over the analog versions. In recent years, the situation has changed and IP versions are available and widely represented on the market.