Revenue of the video surveillance equipment in 2014 is expected to rise to $15.9 billion, up from $14.1 billion in 2013. Many of the Taiwanese IC firms, ITE Tech, Pixart Imaging, Alcor Micro, Generalplus, and Sonix Technology Co. grab the chance to offer video surveillance solutions.

For example, ITE Tech. has already rolled out ccHDtv high pixel digital monitoring sysytem solutions in 2012, and it will enroll in the Secutech for the second time in a row, which will be held from 19-21 March, in Taipei, Taiwan, and it is the world's only security manufacturing show.

“During the past decade the video surveillance equipment market has grown quickly, expanding at a double-digit rate in most years,” said Niall Jenkins, Research Manager, video surveillance and security services for IHS. “This year will be no exception, with growth led by strong demand for fixed-dome and 180/360-degree network camera products. As for vertical markets, the city surveillance and utility/energy sectors will drive the biggest increases in sales.”

The expansion of the market represents the first of 10 key trends that will shape the video surveillance business in 2014. These trends range from the rising use of big data, to the arrival of thermal cameras in the commercial market, to the continued introduction of power over Ethernet (POE) technology.

Looking at the remaining trends, IHS predicts that police forces will increasingly request, and need to manage, crowdsourced video surveillance data. While this will allow law-enforcement agencies to react more quickly, especially with the use of social media monitoring, it will also create data analysis and manipulation challenges.

Meanwhile, in China and Taiwan, the concept of the cloud is becoming increasingly popular, especially as the telecom infrastructure matures. As network bandwidth improves and network product pricing declines, cloud-based video surveillance solutions have drawn the attention of more suppliers.

With much of the technology already available, and given the constant need to differentiate products and increase system efficiency, the market will see greater emphasis on the audio capabilities of video surveillance systems in 2014 based on IHS's survey.