Canon Video Surveillance Financials And Future
Canon has become one of the largest video surveillance manufacturers by acquiring Milestone (2014), Axis (2015), and Briefcam (2018). But where is Canon in video surveillance today?
In this note, based on an IPVM email interview with Canon, IPVM examines the state of Canon's video surveillance business.
***** ******** **** ******* ** $*.** billion *** ** *** ***** ************ business (**** ** ***** "******* ******* & ******"), ** **** ******* ********* **** ******* ****:
**** ******* *** ** ~**% **** the ******* ********** **** ****** ** ~15%.
*****'* **** ***** ************ ******* ***** be $* ******* ** ** ***** its ***********.
Canon *********
***** ******** *** ********* ********* *** email ** ****:
*. **** ** *** ***** ** Canon's ******* ****** ********?
** ******** ******-***** ***** ****** *** the ******* ****** ******** ** **** area ** *** ***** *********. ** expect * ******** ** *** ******** environment ** ** ****** **** *** COVID-19 ********. ********* ** *** ****** of *** ******, ** **** ********** double-digit ***** ****** **** ****.
*. **** ** *** **** *** the ****** ** *****'* ******* ****** business?
*** ******* *******, ** **** ****** growth *** ***** *** ************ *** only ** *** ******** *** ******** monitoring ********, *** **** ** * wide ******* ** ****** **** ** customer ********* *** ****** **********, ********* monitoring *** ************* **********, *** *********** patient ******* *** ********* ** ******* facilities. ******** *** *****-** ******** *** to * ********* ***** ** ********, we *** ******* ********* ** * growth ********** **** *** ****** ********. We **** ******** *** ******* ** provide * ************* ********* ******* ********** cameras, ******** *** ***** ********** *** analytics, *** ****. ******* ****, ** aim ** ******* ****** ****** ** approximately **%.
*. **** ** ***** ******** *** network ******* ***** *****'* *****?
** **** ******** *** ********** *** Canon ***** ** ******* ******* ** the ******** ******, *** ** ********** closely **** ****, ****** *** ***** Group’s ******** *** ***** *********** ** the ******* ****** ******. ***********, ** leveraging *****’* *********, ***** ******* *******, image ****** *** ***** ********** ************, we’re ********* **** *** ****** ** remote ***** ********** *** ******** ********** technologies ** ** **** *** ***** brand *********.
*. **** ** *****'* ******* ** major ****** **** ** ***** ********* and *****?
** *** ***** *** *** ******, we *** ** ********** ********* *** the ***** ** ********* ****** *******. We’re ******* ** ******* ******* ****** and ******* ********* **** ******* ***** to ********* *** **** ******** (****, on-premises *** *** *****) ** ***** of ***** *******, ********* *** ****** processes.
Business ** *****
**** ** *********** ******** ** ***** for ***** ** ***** ********* ** allow **** ** *** ***** ************ businesses ** *** *************, ** ** has ***** ** ******** ****.
* ***** ***, ***** ******** **** they ********** "****** ****************** ***** ***** ********* **** ** Axis, *********, *** ********." ***** ***** is ********* "***********" *** ************ ******* all * *********, ** **** *** seen *** ***** ***** ** **** tightly ******* ** *********** ***** **********. Indeed, *** * ********* *** ********* partnerships **** ****** **** **** ******** by *****.
Analytics *** *****
**** ***** ***** ** ********** ********* and *** ***** ** *** **********, as ********* *** ******** ******** *** doing **. **** *** **** ********** slow ** ********* (****** **********-*, *******'* ****** ****), **** ** ***********. **** **** and ********* **** **** *******, ** say *** *****, ** ***** ***** to ** ** *** *****, *.*.,**** ****** ******************' ******* *********.
The **** ******
***** **** ********** ~**% ** *****'* video ************ *******, *** **** ** Axis ** ******* *** **** ** Canon's ******** *******, ****** ***** ******** some ***** ********* (***** ** *** not ***** ***** ** ***** **, 4 ***** ***** *** **** ***** surveillance ***********). *******, **** *** **** beset **** *** *** **********, **** short-term (*.*., ******* ******* ******) *** long-term (********* ** ********* *** *** cloud). ** *** **** **** ** this ******, ** ******* ****'* ********** and ******.
** ********* ***** ******* ** ********** or *** ******* ************ ** **** products?
**** *** ********* ** **********, **** recently ** *** ********* ** *** show **** ****, ******** *****:
********* *******, *** ****'** **** **** unique *** *********** *****. * ***** has **** * ***** **** ** Canon ** ***** **** ***** ** find ******* ***** *** ***.