Canon Targets Security Camera Market for Growth
By| August 25, 2013
DSLR Sales Cool
Until the big megapixel body hits or an EOS 5D Mark IV, DSLR sales will not see the growth that had been previously enjoyed.
Canon hops to move into the “wide open” market of security cameras. They hope to sell $1 billion dollars worth of security cameras annually starting in 2016. I have no rumors about what’s coming in the segment. :)
“A major focus for the next phase is increasing our business-to-business (B2B) sales, and of course security cameras – which is a huge market – is part of that,” Canon President and CEO Fujio Mitarai said in an interview.