ioimage Named Again as Worldwide Market Leader for Intelligent Video Devices

New Independent Report Reveals ioimage as the Leading Supplier of Intelligent
Cameras and Encoders With Mid/High end Video Analytics With Over 37 Percent of
the World Market

HERZLIYA, Israel, September 2 /PRNewswire/ -- ioimage, the pioneer of
intelligent video appliances designed for simplicity, has been recognized by
IMS Research for the second time running as the world's leading supplier of
intelligent video surveillance devices. According to an IMS report published
in June, 2008, ioimage holds a share of 37.7 percent of the global market for
intelligent cameras and encoders with mid/high end VCA (Video Content
Analysis), and 16 percent of the overall intelligent video devices market,
which also includes DVRs and traffic appliances.
IMS Research is a leading independent supplier of market research to the
electronics industry. Entitled The World Market for Video Content Analysis
2008, the report provides a comprehensive breakdown of the video content
analysis market including statistical data by supplier, product type and
geographic region up to 2012.
The report reveals that the market for video surveillance devices with
mid/high end video analytics which includes person detection, vehicle
detection, perimeter intrusion detection, asset protection, object detection,
behavior recognition, people counting, etc, is growing rapidly and is
estimated to reach approximately $1 billion in 2012, with intelligent video
cameras being one of the fastest growing segments.
The report identified over 80 companies active in the video analytics
market during 2007, and video encoders as the most successful analytics
platform so far. "ioimage was one of the first companies to market with
intelligent video surveillance devices and has retained its leadership
position, with a commanding share of the market in 2007," said Simon Harris,
Senior Research Director at IMS Research. "ioimage has been instrumental in
the market's expansion, with its strategy of developing solutions with mass
market appeal. The video surveillance market is in the early stages of
transitioning from stand-alone analog CCTV systems to fully networked systems
with video analytics, and ioimage is well positioned to capitalize on this
trend."
"The key for success is enabling small and mid-sized organizations gain
access to intelligent video by offering them systems that are flexible, cost
effective and simple to install and maintain, using field-proven and
time-tested analytics," said Roni Kass, CEO and Founder of ioimage. "By
broadening the reach of video analytics in sectors such as industrial and
manufacturing facilities, logistics and education, ioimage has consistently
been recognized as the pioneer and leader of this transformation."
About IMS Research
IMS Research supplies market research and consultancy services on a wide
range of global electronics markets. The company is supported by headquarters
in Wellingborough, UK and offices in Austin, Texas and Shanghai, China. IMS
Research regularly publishes detailed research on a variety of electronic
security markets. For more information, visit http://www.imsresearch.com.
About ioimage
ioimage, the pioneer of intelligent video appliances, provides
high-performance video encoders and cameras with built-in video analytics,
designed and packaged for simplicity. ioimage offers a new approach to video
security by transforming surveillance into a proactive, event-driven process.
Founded in 2000, ioimage uses edge and centralized DSP-based devices for
real-time detection, alert and tracking of intruders, vehicles and other
threats, leading to enhanced safety and security for government, public and
commercial organizations. Recognized as the world's market leader for
intelligent cameras and encoders since 2005 with over 37 percent of the
market, ioimage operates in 35 countries through a network of more than 100
partners. For further information, visit http://www.ioimage.com.
To receive regular updates on ioimage, sign up for the ioimage newsletter
at http://www.ioimage.com/newsletter.html
For international media inquiries:
Fiona Ungar
Marketing Communications Manager
Tel: +972-9-954-6003
fiona@ioimage.com

For US media inquiries:
Chelsie Woods
ioimage Public Relations
Tel: +1-207-510-0029
cwoods@eclipsemediagroup.net

SOURCE ioimage Ltd

For international media inquiries: Fiona Ungar, Marketing Communications
Manager, Tel: +972-9-954-6003, fiona@ioimage.com; For US media inquiries:
Chelsie Woods, ioimage Public Relations, Tel: +1-207-510-0029,
cwoods@eclipsemediagroup.net