Demand for video surveillance equipment continued to grow rapidly in 2017 with price competition remaining intense. The important trends in 2017 were in three areas: Multi-sensor technology, artificial intelligence/deep learning, and stronger integration with VMS partners.
Security professionals are turning to emerging technologies such as multi-sensor panoramic cameras, which can dramatically increase situational awareness, improve operator efficiency, and are more cost-effective versus installing multiple single-sensor cameras.
The rise of AI
Artificial intelligence is one of the fastest-growing segments trending for video surveillance. The advanced algorithms of Deep Learning mean that the device is able to learn on its own, performing hierarchical data extraction and continually adapting over time even in a complicated environment. We anticipate this trend will continue into 2018 and beyond.
Stronger VMS partner integration has become a primary objective for key surveillance manufacturers. Cultivating relationships with other technology leaders in the industry, such as established VMS solution providers, accelerates integration processes, which benefits end users as well as integration partners. As a result of these conditions and trends, Dahua-branded surveillance solutions continued to experience fast growth in the U.S. market.
|Artificial intelligence is one of the fastest-growing segments trending for video surveillance|
Evolution of security
In 2018, trends that emerged in 2017 will continue to dominate the landscape. We anticipate these areas will continue to grow over the course of 2018. An additional trend that emerged in 2017 is cybersecurity in video surveillance equipment, as our industry matures and continues to assess and combat the vulnerabilities of IoT devices we, as an industry, will meet these challenges. As 2018 evolves, the security industry will be the winners by offering products, standards and guidelines that will better protect our customers.
Dahua Technology USA continues to grow and in 2017 we saw considerable market share gains in key areas such as multi-sensor cameras and with the launch of innovative products like 4K-over-Coax that push surveillance technology to the next level. As a result, we are entering 2018 with great momentum and anticipation for future growth and expansion.