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Axis announced by Frost & Sullivan as Market Leader in Growing Network Camera, Video Server Market.


Business Editors

LUND Lund (lŭnd), city (1990 pop. 62,910), Malmöhus co., S Sweden. It is a commercial and industrial center and a rail junction. Manufactures include paper, packaging, printed materials, and clothing. Mentioned (c. , Sweden--(BUSINESS WIRE)--November 28, 2001

Ten-fold increase over next four years projected; honors Axis with

Market Engineering Leadership Award

Axis Communications Axis Communications AB (XSSE:AXIS) is a manufacturer of IT equipment, mostly known for its print servers and network cameras. According to its latest annual report, it has sold over 500.000 network cameras, thus claiming to be the world leader in that market.  AB, Sweden, announced today that top research firm Frost & Sullivan has recognized the company as leading the growing global network camera and video server market.

Frost & Sullivan awarded A Sullivan Award may refer to:
  • Algernon Sydney Sullivan Award or Mary Mildred Sullivan Award; awarded at 29-grantee institutions of the Algernon Sydney Sullivan Foundation.
 Axis the 2001 Market Engineering Leadership Award for the global network camera market based on data derived from an end-user survey conducted by the research firm. The survey found Axis to be the definitive market leader with 69 percent of the total network camera market and 27 percent of the total video server market. The combined global network camera and video server market is expected to reach approximately $791 million by 2005 and $399 million by 2003, up from $73 million in 2000 - in total a ten-fold increase.

In the network camera segment, the survey found that Axis has 37 percent market share in security applications and 84 percent share in general IT applications such as Web attraction and remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a . The survey also noted that Axis has 50 percent brand awareness, making the company the most widely recognized and dominating brand name in the PC-independent network camera market.

"Axis has quickly become a dominating force in the fast growing network camera market," said Chris Cherrington, Frost & Sullivan consultant analyst. "The company has taken its initial lead in Web attraction and has successfully emerged as a leader in the increasingly important security and surveillance market for network cameras."

Annual Market Engineering Awards are presented to companies that make outstanding contributions to their industries or achieve leading competitive or customer-based positions in the market. Frost & Sullivan considers all companies within a given market, utilizing its proprietary market engineering methodology to determine criteria for both the award and the recipient.

About Axis Communications

Axis develops solutions for user-friendly and secure communication over wired and wireless networks. The company is a worldwide market leader in network connectivity, with products for the office, facility and industrial environments.

Axis was founded in 1984 and is listed on the Stockholm Exchange O-list (XSSE:AXIS). With more than 300 employees, and offices in 15 countries, Axis operates globally in cooperation with distributors and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  partners in 70 countries. Approximately 95 percent of production is exported out of Sweden. For more information, please visit www.axis.com.

About Frost & Sullivan

Frost & Sullivan, a global leader in international strategic market consulting and training, presents Market Engineering Awards to companies that demonstrate the diligence, perseverance Perseverance
See also Determination.

Ainsworth

redid dictionary manuscript burnt in fire. [Br. Hist.: Brewer Handbook, 752]

Call of the Wild, The

dogs trail steadfastly through Alaska’s tundra. [Am. Lit.
, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace. Frost & Sullivan rigorously analyses specific criteria to determine Market Engineering Award recipients in a variety of regional and global market landscapes. Founded in 1961, Frost & Sullivan is headquartered in San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, CA, with offices located worldwide: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , Toronto, London, Paris, Frankfurt, Beijing, Tokyo, Singapore, Mumbai and Kuala Lumpur Kuala Lumpur (kwä`lə lm`pr), city (1990 est. pop. . For further information, visit http://www.frost.com.
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Publication:Business Wire
Geographic Code:4EUSW
Date:Nov 28, 2001
Words:494
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