Video surveillance in 2015 – New Trends

February 5, 2015

Here are excerpts from a recent A&S Mag.com article by Eifeh Strom regarding new trends in video surveillance for 2015.

The Market at a Glance

In 2014, video surveillance accounted for approximately 53% of the total market share (US$13.5 billion) in terms of global physical security product sales, according to Memoori Business Intelligence. Double-digit growth has been the norm in the video surveillance market over the last decade, and analysts at IHS forecast similar growth in the new year, predicting more than 10% growth in 2015. Furthermore, Marketsandmarkets has predicted that the global video surveillance market will reach roughly $42.1 billion at a CAGR of 17% for the period 2014 to 2020, with the IP system market expected to grow at a CAGR of 23.5% during the same period. Rising crime rates, an increase in terror attacks, and growing security concerns all are contributing to this growth.

Who Reigns Supreme? IP vs. Analog
The move to IP is no longer so much a trend as it is simple fact: New installations are going IP and many analog users are upgrading to network-based solutions. With that said, does that mean that IP has finally taken over analog in video surveillance? The answer is yes and no. In terms of revenue, IP sales have surpassed analog sales; however, in terms of quantity, analog shipments still outnumber those of IP. This is poised to change, with analysts believing that IP shipments will take over analog by the end of the decade. Evidence of this shift can be seen in markets like Latin America where the overall market — one that is heavily focused on analog — is now leaning toward IP equipment for the first time (by supplier revenue), according to a report by IHS.

To read more

Advertisements

CCTV is not just about security anymore: New uses for video surveillance

August 27, 2012

CCTV is much more – it’s a performance management and productivity tool too. Video cameras are a standard feature in any modern business security strategy, but many organisations fail to leverage the true value of their CCTV and remote monitoring solutions. Security cameras and remote monitoring solutions have a use that extends beyond security and theft prevention.

They can in fact also be used as tools for performance management and monitoring, particularly in remote sites, helping organisations to become more productive and more efficient, and getting real value out of a solution that is often seen as a grudge purchase.

A challenging task

Larger organisations today are often geographically distributed across the country, with sites that are outside of major hubs and towns. Overseeing these remote locations to obtain an accurate view of performance as well as to monitor these sites for operational reasons can prove to be a challenging task. Managers are often required to travel to these destinations, which is time consuming and expensive, not to mention its effect on the carbon footprint of the company. Site visits also provide only limited visibility, as they can only account for the time when a manager was physically on site. CCTV solutions with remote monitoring capabilities can be used to solve these challenges, ensuring organisations can monitor multiple distributed sites without the need for a constant physical presence.
Read the rest of this entry »