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Recession Overview and News

Throughout 2008, global economic growth has slowed significantly with clear signs that a significant part of the world has entered a potential severe and long recession. Given the strong growth of IP video and the overall security industry in the past 5 years, significant debate exists on the impact the recession has. Read a projection of 2009 IP Video Surveillance Market Growth that factors in the impact of the recession.

11 Total in the Last 3 months
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How to Cut Costs Using the Internet
Review from ipvideomarket.info on Jan 04
The recession is forcing broad reductions. Worse, the era of excess consumer spending is over. In response, most business around the world, whether they buy or sell video surveillance, will have to tighten their...
How Bad was the 4th Quarter?
Review from ipvideomarket.info on Jan 01
As an industry, bad. In Oct-Dec, sales decelerated in IP video and turned negative in analog video. The main reason: "project delays." While the growth rate of IP video segment is still positive, growth has dec...
Are Trade Shows Dying?
Review from ipvideomarket.info on Dec 28
Internet economics and the recession pose a significant risk to the future of trade shows. A broad trend facing all technology industries, we may see dramatic reductions and changes to leading security trade sho...
Norbain CEO - Recession Forcing Radical Changes
Review from ipvideomarket.info on Dec 25
In the best security executive interview I have ever seen, Alun John, the CEO of leading UK manufacturer, Norbain, examines the severe impact of the recession on the industry. I strongly encourage you to read t...
Axis Confirms IP Video Growth Slowing Significantly
Review from ipvideomarket.info on Dec 16
In a stunning, unprompted move, Axis has issued a press release confirming that growth in IP video is slowing significantly. While the press release offers no new information nor statistics, it does re...
Which Video Surveillance Companies are at Most Risk?
Review from ipvideomarket.info on Dec 07
Assessing risk during a recession is critical. During boom times, company failures are rare. As such, partnerships or product choices can generally be safely made with almost any vendor. However, in a downturn,...
Examining the Impact of the Recession
Review from ipvideomarket.info on Dec 01
With a global recession no longer in doubt, two fundamental issues will shape the video surveillance business: How significantly the global economy will contract How strong will the post-recession economy be...
How Strong is the ROI / TCO of IP Video Surveillance?
Review from ipvideomarket.info on Oct 23
Many vague vendor claims exist but detailed quantitative evidence is hard to find. While customers are easy on soft ROI / TCO claims in boom times, in the next year they will get much firmer in their demands for...
2009 IP Video Market Forecast
Review from ipvideomarket.info on Oct 22
IP Video market growth will slow by 66% next year due to the unfolding financial implosion. It is critical for all of us to understand where it will slow, why it will slow and how the impact will be most felt. T...
Credit Crisis Will Accelerate Convergence
Review from ipvideomarket.info on Oct 21
As we brace ourselves for the credit crisis and the shakeout in the security industry caused by the acceptance of IP CCTV, it is important that we create a system around us that will stand up to this.We are seei...
IP Video Will Be Resilient to the Recession
Review from ipvideomarket.info on Oct 17
In tough economic times, security is the last thing to be cut. IP Video Market Info's forecast treats the market as a unified block, but that is not good analysis. At Sightmind, we sell into enterprise, mostly i...
Recession Starts to Impact Video Surveillance
Review from ipvideomarket.info on Aug 28
Companies are starting to downsize and reorganize.  Reports from a variety of companies indicate this growing trend.  The impact seems hardest amongst traditional DVR companies and video analytic start...
How the Recession Impacts Video Surveillance
Review from ipvideomarket.info on Jul 20
The video surveillance market will take a beating regardless of the hope that security is recession-proof. This report reviews the key reasons and impacts of the recession with concluding recommendationsThis re...
How integrators face the recession
Article from securityinfowatch on Dec 26
There's no treasure map to making money in a down economy, but veteran integrators say now is the time to focus on business fundamentals like training and customer service. Others say it may be time to consider ...
Cash-strapped towns leave CCTV cameras unmonitored
Article from mailonsunday.co.uk on Dec 24
UK budget cuts undermine use of video surveillance; trend will accelerate over the next year
Major DVR Chipmaker Reports Significant Sales Drop
Article from securitysystemsnews on Dec 22
Q4 Revenue Down 11% for Techwell; DVR manufacturers are cutting orders for chips
Global Integrator Securitas/Niscayah Lays Off 10%
Article from niscayah on Dec 18
Cites decreasing demand; until Q3, revenue was growing at 10%; Q4 likely weak with the banking sector (27% of revenue) hurting
Why Large US Integrator Failed
Article from securitysystemsnews on Nov 25
SSN's detailed analysis of how Netversant failed; 1,110 jobs impacted; large unprofitable projects triggered liquidity crisis; $240M USD 2007 revenue declined significantly in 2008
IMS Forecast Slow 2009 Growth in US & Western Europe
Article from info4security on Nov 25
Noticeable slowdown but Middle East, Eastern Europe and China should be strong; market to rebound by 2011
Cisco Revenue Projection Falls Sharply; $1 Billion Will
Article from alleyinsider on Nov 09
October orders terrible, US growth negative, Security product revenue grew 19% but no breakdown amongst firewalls, video surveillance, VPNs, etc.; expect slower product development and potentially layoffs/firing
Vast Majority Cutting Back Expenses and Hunkering Down
Article from blogs.securitysales on Nov 06
SSI Editor reviews ISC East; Strong traffic but attendees nervous about slumping sales and bleak economy
Diebold Security Revenue Shrinks Significantly in Q3
Article from securitysystemsnews on Oct 29
With focus on banking and retail markets, total security revenue down 6.4%, product revenue down 9.0%, guidance for future security earnings is no growth down from earlier forecast of 1-3%
Tech Equipment Financing Bubble to Burst
Article from alleyinsider on Oct 27
Discusses Impact on Cisco and IBM; Similar effect on video surveillance equipment possible
Will the Recession Drive Demand for Video Surveillance?
Article from nytimes on Oct 10
NYTimes examines whether crime will increase in the recession, citing historical studies and past recessions
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