The next time you leave your home, look about you as you travel. What do you see? Cameras – lots of cameras –  on traffic lights, at toll booths, at the ATM, in your local gas station and just about everywhere else. Like it or not, someone is capturing your image several times a day for a variety of reasons, usually associated with security or safety.
Welcome to the Age of Video Surveillance. The world in which we live, play and work has become a lot less safe than it was just a few years ago and we, willingly or otherwise, are giving up some of our privacy to feel a little more comfortable with our surroundings. So, what does this mean to the semiconductor industry? An exploding market offering a wide range of new product opportunities.
Market research firm iSuppi has the hard numbers. They expect global video surveillance camera revenue to grow from $4.9 billion in 2006 to more than $9 billion in 2011; unit shipments of video surveillance equipment to more than double from 29.8 million in 2006 to 65.7 million in 2011; and the market for surveillance-camera chips should hit $1.25 billion in 2011.
If you are a processor vendor who targets video processing applications, video surveillance should be in your crosshairs. Likewise for the companies who develop video analytics, sometimes called intelligent video, algorithms – software that surveillance systems use to analyze a scene and flag it if it represents a potential safety or security risk. CMOS sensor vendors, VCR manufacturers and video camera companies also are potential beneficiaries of the huge growth in video surveillance applications and equipment demand.
Video surveillance may not be the next semiconductor “killer app� but it does represent a very real opportunity for chip vendors and system houses. And when you’re out and about, make sure your hair is combed, your clothes pressed, and smile – someone is probably looking at you.