Canon 2015 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2015 Canon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

CANON ANNUAL REPORT 2015 11
STRATEGY BUSINESS SEGMENT CORPORATE STRUCTURE FINANCIAL SECTION CORPORATE DATA
A high-speed continuous feed printer at Océ Customer Experience
Center. (Poing, Germany)
World Market for Video Surveillance (Millions of U.S. dollars)
20,000
15,000
10,000
5,000
0
2014 2015 2016 2017
Network Video Surveillance Analog Video Surveillance
Source: IHS Technology
2018
Commercial Printing Business
In offi ce equipment, Canon aims for stable growth in the
medium term, having identifi ed a shift to color models as a
growth driver. Yet we also recognize a risk of market shrink-
age in the long term, and so we have worked to cultivate
new businesses where Canon’s technologies can be used to
full advantage.
Offset printing has traditionally dominated the commer-
cial printing market for publications such as books, newspa-
pers, catalogues, and posters. However, digital printing, with
its advantages in terms of lead time and cost, is growing year
by year amid an increasing trend toward fl exible, low-vol-
ume printing on varied materials. In addition, we can expect
demand for consumables to be generated by the enormous
volume of printing. Canon therefore added Océ to the Group
in 2010, an acquisition that brought with it Océ’s more than
130 years of history as well as industry-leading technologies
including ultra-fast printing technology and software to keep
productivity high. Integration of Océ has enabled Canon to
prepare a lineup ranging from copying machines, laser printers,
and inkjet printers to commercial printing equipment.
Amid accelerating growth in digital commercial printing,
Canon will take aggressive action in growth fi elds through mea-
sures such as enhancing its lineup of printers capable of han-
dling a wide range of materials including plastic and metal.
Network Camera Business
Amid growing needs for security and safety globally, the net-
work camera market is undergoing a rapid shift from analog
to digital in concert with advancement in digital technology
and the network environment. The market including solu-
tion is projected to grow at a rate of nearly 20% per year and
reach ¥3 trillion by 2018, propelled by the spread of cloud ser-
vices and advances in big data processing, along with expected
expansion in software and solutions. Canon, with its strengths
in optical, sensor, and image-processing technologies, has
set its sights on the network camera market, welcoming two
top fi rms in this space to the Group through M&A activities.
Milestone, the world’s foremost provider of video management
software, was the fi rst, joining the Group in 2014. It was
followed in 2015 by Axis, the market leader in network
camera with outstanding communication technologies and
more than 80,000 business partners worldwide. Canon, Axis,
and Milestone will work together to generate synergies and
forge the market’s strongest lineup while working to create
products in new business segments. In addition, we will fully
harness the management resources of all three companies to
accelerate business growth.