Bosch Continues to Extend Its Market Leadership in Video Surveillance Equipment
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IMS survey shows significant growth in the European, Middle East and Africa region
o Significant increase in market share for video encoders with the release of the VIPX1 XF H.264
o Further strengthened position in Digital Video Recorders with introduction of the 700 Series hybrid and network recorders
A recent market survey conducted by IMS Research, leading suppliers of detailed, quality market research to the global electronics industry, confirms Bosch Security Systems' leadership in CCTV and video surveillance equipment in the EMEA region. The 2010 IMS report puts the company at number one in video encoders and in DVRs. These results follow in the wake of a host of innovations recently introduced by the company. With the new VIP X1-XF H264 video encoder Bosch significantly increased the market share for video encoders; with the introduction of the 700 Series Network and Hybrid recorders the company strengthened its position in Digital Video Recorders.
The VIP X1-XF H264 was introduced by Bosch to smarten up existing analog cameras by transforming them into powerful automated detectors delivering best-quality H.264 compressed video over IP. The encoder is also equipped with a dedicated hardware-accelerator for Bosch Intelligent Video Analysis (IVA) functions, introducing a new level of automation to CCTV monitoring.
The new 700 Series Network recorder is based on a completely new all-IP platform that supports up to 32 IP cameras. The 700 Series Hybrid recorder is an updated version of Bosch's successful hybrid platform (embodied in the company's Divar XF Hybrid recorder). It supports up to 16 IP cameras and 16 analog cameras. Both 700 Series recorders offer real-time recording and playback in full 4CIF resolution and, as with the VIP X1-XF H264, feature Bosch's advanced H.264 compression technology.
According to Johan Jubbega, Senior Vice President Sales EMEA for Bosch Security Systems, the company plans to further expand its market share by continuously adding innovative products to its CCTV portfolio.
About Bosch Security Systems
Bosch Security Systems is an innovative, global, one-stop-shop for high-quality security and communication products. Offering an exceptionally broad portfolio and an integrated approach, the company supplies a complete range of specialized state-of-the-art products and systems for standard or customized applications and projects in the area of security.
www.boschsecurity.com
About IMS Research
IMS Research is a supplier of 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 the securities industry. Examples include: access control, CCTV & video surveillance, intruder alarms, workforce management and the fire detection and suppression markets, among others.
www.imsresearch.com
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 275,000 associates generated sales of 38.2 billion euros in fiscal 2009. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for growth. Each year, Bosch spends more than 3.5 billion euros for research and development, and applies for some 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical Engineering." The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com.
This information is available for download here:
http://www.bosch-presse.de/TBWebDB/en-US/PressText.cfm?id=4862
