According to a recent survey conducted by Capital One, more than half (52 percent) of security industry professionals see video surveillance as the technology trend that will have the biggest impact on their businesses in the coming years. That’s a significant increase from 2015 when only 23 percent of respondents answered similarly.
The growth of interconnected devices (the Internet of Things) was cited as the next most significant trend at 28 percent. The survey was conducted at the Honeywell Connect conference held in Florida earlier this month and included 123 responses from a combination of dealers, integrators and other industry professionals.
“This year has been particularly transformative for the security industry,” said John Robuck, Capital One’s Managing Director of Security Finance. “The key drivers were significant advances in technology and business model changes resulting from those advances. Video surveillance technology, along with interconnected devices, are revolutionizing the industry and delivering more sophisticated data and analytics to security companies, allowing them to update their security processes and refine their business strategies.”