Security Driving Video Surveillance Software Market

  • May 31, 2007

Terrorism and highly publicized domestic attacks have contributed to the increased awareness of security as a priority market. Events such as the recent school violence in North America have called attention to the need for new video surveillance applications in transit, educational institutions, city centers and border crossings. These security concerns currently drive the growth of the video surveillance software market.

New analysis from Frost & Sullivan reveals that the North American video surveillance software market earned revenues of $139.76 million in 2006 and estimates this to reach $826.65 million in 2013.

Bolstering homeland security with the latest access control and video surveillance technology has encouraged other application markets to improve their security solutions.

Lower cost hardware and improved detection capabilities of the latest video analytics software have led to the growth of IP surveillance. Additionally, the added advantage of integrating various security systems also drives the growth of the IP surveillance market.

“The convergence of security with the IT infrastructure is providing the necessary business case for security managers to shift from analog to IP surveillance,” said Frost & Sullivan senior research analyst George C. Paul. “This convergence not only reduces the cost of deployment, but also helps build a unified database that can increase interaction among the various security systems.”

The integration of security and IT has created a host of new products and has led to IP surveillance becoming the standard technology for most of the Greenfield security projects. New opportunities arise from the advantages of digital technology in analyzing and providing real time feedback for preventive action.

Advanced compression techniques have improved the quality of the images for lesser bandwidth requirements, thereby reducing the network cost to support IP cameras.

In addition, the ease of integration with video analytics and low-cost server-based video management systems further demonstrates the advantages of IP surveillance.

However, this convergence will not be easily achieved due to the differences in technologies between traditional security products and IP products. The restraint is more from educating the integrators and consultants rather than the actual technology.

“Hence, integrators, consultants, and vendors coming from the traditional security background must remain up to date with regard to the latest technologies in the IP surveillance market,” Paul said. “This can be achieved only through increased education and experience on live projects as well as pilots.”

In the past, live video feed was sent through coaxial cables and stored on a tape drive, or encoders would convert the feed and store it on DVRs. However, with the emergence of IP surveillance, video now transfers over transmission control protocol IP networks, and persons implementing these solutions must understand IT standards and technologies.

Featured

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

  • Why the Future of Video Security Is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reasons. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. Read Now

Most   Popular

New Products

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge.