Shipment volume of the Taiwanese IP camera industry is anticipated a 13% year-on-year growth in 2016 despite Sony's reduced supply of image sensors, according to MIC (Market Intelligence & Consulting Institute).

"Consumer IP cameras with around 1MP (Megapixel) resolution continue to be mainstream in 2016. Further upgrade to 2MP resolution would be difficult as the difference between 1MP and 2MP IP camera is too little for consumers to feel. Meanwhile, 2MP remains the most popular resolution for professional IP cameras," says Elaine Chang, industry analyst with MIC.