The IP camera market rebounds in 2010, following 2009's slow growth.
According to IP Video Market, IP cameras make 45% of the market this year, in contrast to 2009's 15% market share.
The market research predicts IP camera market share will grow even further in 2011, going over the 50% mark.
The improved economy and plenty of new releases both drive the adoption rate significantly, together with the maturation of megapixel IP cameras.
This means installers and consumers go for IP cameras in smaller, simpler project as well as the majority of new projects. However, this negatively effects analog camera sales and could potentially cause rapid sales declines in the next few years.