Market
We have initially concentrated on the security market as the first step of a portfolio of products designed for a variety of markets.
This is expected to be a high growth market, with industry analysts such as JP Freeman & Co. suggesting that world-wide domestic video is growing by 43 per cent. and presently at US$4.5 billion at factory level annually with new technology shortening the replacement cycle and increasing the demand for new systems.
In addition, the Worldwide Mobile Video Service Revenue - being content streamed to mobiles is estimated to rise to approximately US$5.6 billion by 2009 (Infonetics).
Shortly we will be launching a portal which will allow consumers to broadcast their video live to others (mobile or PC) and receive a share of the revenues made.
