The leading physical security market analysts all predict that megapixel cameras will continue to significantly outgrow the standard resolution camera marketplace
The leading physical security market analysts all predict that megapixel cameras will continue to significantly outgrow the standard resolution camera marketplace, with many forecasting this segment to grow over the next three years at better than 40-percent CAGR (compound annual growth rate). With so many new megapixel camera types, and ever-increasing resolutions, it’s seems highly possible that this will occur. However, what isn’t clearly understood are the operational impacts of megapixel cameras and how the rest of the surveillance systems’ product ecosystems will respond. For instance, if over the next three years megapixel cameras grow at this pace, it likely means that the surveillance recording and storage industry will probably grow at an even faster CAGR. Other product categories like lenses, displays and high-end workstations will also likely benefit with faster than normal growth.