Global video surveillance camera revenue is forecast to grow to more than $9 billion by 2011, maintaining a Compound Annual Growth Rate (CAGR) of 13.2% up from $4.9 billion in 2006, iSuppli predicts. Meanwhile, video surveillance unit shipments will more than double to 65.7 million units in 2011, rising at a CAGR of 17.1% from 29.8 million in 2006.
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Global video surveillance market in 2005-2011 |
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| Product category | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
| IP Cameras | $171 | $363 | $694 | $1,254 | $2,176 | $3,683 | $5,698 |
| CCTV Cameras | $4,061 | $4,494 | $4,823 | $4,993 | $4,788 | $4,246 | $3,324 |
| Source: iSuppli | |||||||