ioimage Secures Top Spot in 2008 for Security and Business Applications

Published November 3rd, 2009 - 03:08 GMT

  ioimage, the pioneer of intelligent video appliances designed
for simplicity, has been recognized for the third time running by IMS
Research as the leading provider of intelligent video surveillance devices
for security and business applications, with a 13.1 percent market share in
2008.

 

    IMS Research is a leading independent supplier of market
research to the electronics industry. Its latest report, titled "The World
Market for CCTV and Video Surveillance Equipment - 2009 Edition", published
in August, covers the Video Content Analysis market during 2008 and provides
a comprehensive breakdown of the video content analysis market including
statistical data by supplier, product type and geographic region up to 2014.

 

    Despite the impact of the economic recession, IMS forecasts a
growth of three percent in the world market for video surveillance equipment
in 2009. According to the report, a recovery is expected in late 2010, driven
by improving economies, the transition to IP, and emerging markets.

 

    "ioimage intelligent devices have proven highly reliable over
long periods of time while ensuring an extremely low false alarm rate," said
Zeev Farkash, ioimage CEO. "These traits account for ioimage's continued
leadership position in the growing video analytics. Our success is also due
to our commitment to interoperability and to broadening the reach of video
analytics, as evidenced by our strong business and technology partnerships."
ioimage currently has over 100 partners and sells in more than 35 countries.


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