Shipment volume of the Taiwan IP camera industry totaled around 4.83 million in 2014, up 33.5% compared to 2013, according to MIC. The growth is mainly ascribed to the increased adoption of IP cameras by telecom operators in advanced countries for their smart home solutions.
Owing to the low-price competition initiated by China players, ASP (average selling price) of Taiwan IP cameras - both professional and consumer IP models - slipped to US$107 in 2014, down 17.8% on year. Despite the decrease in ASP, the industry's shipment value still managed to grow at 9.8% on year in 2014.
Two major factors affecting the development of Taiwan IP camera makers in 2015 are the rising threats from China competitors and growing popularity of smart home solutions, said MIC, adding that consumer IP cameras are expected to be major engine of growth for the industry. The firm also said it estimates that the shipment value of the industry in 2015 will stay around the same as 2014, given the fact that ASP is going to slip further in 2015.