PRESS RELEASE
 

31st January 2008

 

 

Axis gains market share in EMEA according to new IMS report

IMS Research’s latest report on the video surveillance equipment market across Europe, Middle East and Africa (EMEA) has confirmed that Axis Communications1 has grown its share of the network camera market in the region from 42 per cent to 46 per cent*.

Within the security cameras category of the report which includes all cameras (analogue and network based) IMS ranked Axis as the number three brand within EMEA, an equal position to last year’s report but with a marked increase in overall market share from 5.8 per cent to 8.3 per cent. IMS also forecasts that the combined worldwide market for network cameras is set to continue to grow at an annual rate of 40 per cent.

In the same report** IMS ranks all vendors that provide video surveillance equipment, including digital and analogue security equipment such as cameras, recording solutions and video servers/encoders. Axis was ranked as the number four brand within EMEA, moving from seventh place in the previous study.

Simon Harris, manager – security and ID research group, IMS Research commented: “Axis has consistently gained market share in recent years moving from 7th in EMEA to be positioned 4th in 2006. Axis’ strong position in the market demonstrates the importance of network video in today’s market”.”

Steve Gorski, managing director, Axis Communications (UK) Ltd commented: “Demand for network video keeps growing strongly and Axis through a policy of continuous innovation and focus, is able to introduce new products to keep ahead of the market. This is a very exciting time for Axis as we continue to gain share across analogue and network camera sectors.”

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Simon Harris from IMS Research is available for press interviews with regards to this press release. Please contact Agility PR – contact details below.

Notes to editors
* EMEA market share for network cameras within the 2006 edition was at 42%.
** The world market for CCTV & Video Surveillance Equipment, 2007 edition.

1
1 Axis Communications is the global market leader in the network video market with a market share of network cameras of 32%. The world market for network cameras alone will be worth more than $1 Billion by 2009. The network camera market is set to have a CAGR of more than 40 per cent per year over the next three years to reach a value of $1.5 billion by 2010, according to industry analyst house IMS Research (www.imsresearch.com) in its latest market report entitled ‘The World Market for CCTV and Video Surveillance Equipment 2007 Edition’ published in December 2007.

About Axis Communications
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 19 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on OMX Nordic Exchange, Large Cap and Information Technology. For more information about Axis, please visit our website at www.axis.com

For further information about Axis Communications in the UK and Ireland, please contact:
Steve Gorski, managing director, Axis Communications (UK) Limited
Tel: +44 (0) 870 162 0047. Email: steve.gorski@axis.com

For all UK and Ireland media enquiries,  please contact Agility PR:
Miles Clayton / Simon Bennett, Agility PR Limited
Tel: +44 (0)1438 310139. Email: miles@agilitypr.co.uk /simon@agilitypr.co.uk

For further information about IMS Research, please contact:
Simon Harris, manager – Security and ID Research group, IMS Research
Tel: +44 (0)1933 402255. Email: simon.harris@imsresearch.com