As the race for higher and higher megapixels begins to slow down, another ‘race’ begins to speed up — that of higher picture quality no matter what the megapixel count.
While analog may still comprise the majority of already installed video security systems, IP cameras are not only here to stay, but there will come a day when they make up the majority of installations. In the IP arena, HD and megapixel are gobbling up greater market share. In fact, IMS Research forecasts that more than 70 percent of all network cameras sold in 2015 will be megapixel cameras.
“Pricing has become more favorable for HD cameras, and people are buying them and setting them up on their network. Like any technology, the price drops,” says Rob Ledenko, executive vice president of San Juan Capistrano, Calif.-based IQinVision. “Analog as a whole is very strong, and lots of people still believe in that technology, so there’s still growth there.”