Summary is AI-generated, newsdesk-reviewed
  • Chinese manufacturers dominate mid- to low-end video surveillance market, sustaining growth.
  • Shift from analog to IP devices enhances physical and cyber security.
  • Intelligent analytics and big data analysis transform video surveillance into business intelligence.

Over the last year, we have continued to see the rise of manufacturers from China in the mid- to low-end market for video surveillance - a trend that currently shows no signs of tapering. Additionally, the shift from analog to IP systems has remained consistent, with end users increasingly looking to network-enabled devices to mitigate risk from both a physical and cyber perspective.

Complex network attacks in 2016 demonstrated the need for increased network security for network-connected devices such as IP cameras and network video recorders. More and more manufacturers are considering the potential for such attacks when designing updates for existing hardware and software technology, strengthening password requirements, incorporating robust data encryption, and educating integrators and end users on how to put protocols in place to protect the valuable information being collected.

Increased Security Collaborations

Today’s surveillance technology - and the new innovations right around the corner - incorporates more IT protocols in response to high-profile cyber incidents. As a result, IT standards will finally start being adopted by security system manufacturers over the course of the next few years. At the same time, we'll see increased collaboration between IT and security leaders within enterprises.

Intelligent, Big Data Analysis

Video technologies such as panoramic 360-degree cameras with advanced dewarping capabilities are being rapidly adopted, along with video analytics software that enables the extraction of data for business intelligence, apart from just security video. The future includes more widespread availability of cloud technologies and services. In 2017, we can look forward to the more widespread adoption of intelligent analytics and big data analysis, which has the potential to streamline processes and optimize sales operations for organizations to drive new levels of business intelligence.

See the full coverage of 2016/2017 Review and Forecast articles here

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Author profile

Jumbi Edulbehram Global Business Development for Smart Cities and Spaces, NVIDIA

Jumbi is currently the President, Americas for Oncam, a maker of 360 degrees cameras and software. He is responsible for all sales, marketing and business development activities in the Americas. Prior to Oncam, Jumbi served as the Director of Business Development for the security division of Samsung Techwin, where he was responsible for managing strategic partnerships with technology partners, consultants/A&Es, and large national integrators. His team was also responsible for developing new business in industry segments such as retail, government and transportation.

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