Demand for IP-connected solutions is growing, as organizations look to utilize cloud-enabled video platforms that generate benefits that go beyond that of simple surveillance alone. The worldwide video surveillance camera market is expected to almost double by 2025 compared to 2019.
Adoption of smart software & systems
According to analysis, much of this growth is being driven by the increasing adoption of smart camera systems and analytical software that enables video surveillance cameras to be utilized in an ever-widening arena of use cases.
Indeed, the benefits of cloud-video surveillance are proving to have a high appeal for customers looking to achieve operational cost savings, initiate remote maintenance and access programs, gain in-the-moment live operational intelligence, or generate live metrics and data that enables them to work in a more responsive and timely way.
Coronavirus stimulates new demand
Delivering real-time monitoring of things, video surveillance systems are becoming a top requirement for many organizations
Recent work-from-home restrictions, combined with the need to protect employees and the general public, have combined to provide significant impetus to a market that has seen a surge in video surveillance deployments.
Delivering the efficient real-time monitoring of people, places, and things, video surveillance systems are fast becoming a top requirement for commercial and public organizations that want to maintain compliance with COVID-19 restrictions.
Top use cases that emerged in 2020 include monitoring physical distancing and occupancy levels, ensuring personnel is wearing appropriate PPE, and contact tracing to reduce the risk of infection spreading in the event of an outbreak. Many of today’s systems are capable of identifying who an infected employee has spent at least 15 minutes with so they can be notified and self-quarantine.
Improving the situational awareness of organizations and boosting their ability to respond should COVID-19 compliance violations occur is just the start.
Organizations are also using smart video surveillance to proactively redirect foot traffic, prevent pedestrian traffic bottlenecks from occurring in public spaces, and identifying locations where cleaning teams need to be deployed to immediately sanitize areas.
Making smart cities safer
Utilizing data aggregated from multiple sources, the government is using networked devices to monitor everything
Governments around the globe have big ambitions when it comes to making cities smarter, safer places for citizens and visitors. Utilizing data aggregated from multiple sources, they are using networked cameras and sensors to monitor everything from traffic and public transport networks, to temperature and humidity.
By connecting all these data silos, they are making it easier for citizens to live their lives. Using real-time data flows, cities can address incidents that might disrupt the free-flowing movement of people and vehicles.
In terms of managing the impact of commuters on public infrastructure, they can optimize parking management by directing drivers to predefined zones or predict peak demand times and coordinate public transport services accordingly. All while monitoring air pollution levels to protect the health of residents and workers.
Using video surveillance systems
Smart cities are also deploying intelligent video surveillance to enable emergency services to respond more effectively in real-time or to spot potential incidents and manage these to reduce the incidence of crimes.
That includes detecting sounds in public spaces that may indicate criminal activity or public disorder offense, or the visual monitoring of people loitering or acting suspiciously.
While the concept of the holistic smart city is still in its infancy, cities like Mexico City, Barcelona, Amsterdam, Singapore, New York, San Francisco, Copenhagen, Seoul, Dubai, Tokyo, and Adelaide are already striding ahead of the pack where smart city projects are concerned. Where these cities lead, others are determined to follow.
Employing recognition technology
The Indian government has already announced ambitious plans to build 100 new citizen-friendly and sustainable smart cities by 2023.
The Indian govt has announced ambitious plans to build 100 new citizen-friendly and sustainable smart cities by 2023
Meanwhile, countries in the Asia Pacific region are expected to be the fastest-growing regions in the video surveillance market as heavy investments in smart city projects designed to boost the security of citizens proceed.
Typical technologies being deployed include vehicle number plate recognition, facial recognition, people counting, retail management, and remote asset management.
Emerging markets focus for Eagle Eye
Alongside its continued growth in Europe, where the company has made several new hires in Germany (Malte Hollung), France (David Le Bellu), Spain (Carlos Angeles), Portugal, and the UK (David Barr) recently, Eagle Eye Networks has added Hadi Rayess as Senior Regional Director and Mike Matar, Senior Sales Engineer to launch divisions in the Middle East and Africa.
In addition, Lynette Pon joined the company as Managing Director South East Asia and BK Yeoh as Senior Sales Engineer for the region. The news comes not long after the business announced a $40million investment from venture capitalist firm, Accel.
Growth for Eagle Eye
It has also witnessed an expansion in its internal marketing team, which Eagle Eye says will “better support and enable its customers to successfully grow their security operations”. The move comes as a result of “growing demand for cloud” offerings – one that Eagle Eye is in an ideal position to provide with its cloud-based Video Management System.
In an article earlier this year, the company outlined what it believed to be the key reasons for customer shifting to cloud-based VMS systems, which include: cost savings, heightened data security, remote access, and management, flexible storage and retention, scalability, and disaster recovery.