According to Florian Domengie, Ph.D., Senior Technology and Market Analyst at Yole, “In the last five years, the security segment of the total CIS market has almost doubled: from 6% in 2017 to 11% in 2021. Without doubt, security has become the second largest market segment after mobile devices. From 2021 to 2027, revenue is expected to increase from US$2.16 billion to US$3.67 billion. We announce an 8.9% CAGR2 for this period, with 735 million units shipped in 2027.”
Who is behind those impressive market figures? At image sensor level, Omnivision is confirmed as the most important sensor supplier. It is followed by Smartsens, Galaxycore, SK Hynix, SOInc, Samsung, Sony, Onsemi, Canon, Panasonic, Pixart and Himax. At camera level, Hikvision and Dahua represent about half the market value. In the US, Motorola is strengthening its position through multiple recent acquisitions. The European players Bosch and Axis are maintaining their leading positions, particularly in the fields of infrastructure and smart building surveillance.
Supply chain in China already has the main CIS leaders, camera manufacturers giants, and significant processing capabilities. Hardware suppliers are increasingly partnering with software providers. In the field of video analytics, significant funds are being raised, for example for autonomous checkout applications.
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