The market for network video products is growing about 40 percent annually. Earlier closed-circuit systems are giving way to open systems that can be fully integrated - as with Axis' network systems. Scalability, remote access, and cost effectiveness are some of the benefits of installing a network video system.

"The huge interest in network video products and our position as the technical and market leader have greatly contributed to the development of the company the last years. We are proud of having achieved one million supplied cameras and thankful for the trust our customers have shown in us," says Ray Mauritsson, CEO of Axis Communications.

"The transition from analog to digital technology is continuing in all customer segments and our customer projects are increasing in scope. This is true of installations in the train stations, schools, stores and airports worldwide," Ray Mauritsson says.

Since the launch of the first network camera, the Axis 200, in 1996, Axis Communications has introduced a large number of network cameras and currently has the markets broadest product portfolio. Today, development focuses on solutions such as intelligent video, which offers the possibility to recognize unexpected events or movement.

The company devotes considerable resources to research and development - last year, Axis invested SEK 158 million and 160 people worked with R&D.