There are rapid advancements in video surveillance technology, as the market sees an undeniable shift to digital and HD IP Network Surveillance; the demand for greater security and surveillance always seems to be seeing an upward curve; at the same time, the economic crises in some of the major economies of the world, particularly in Europe, pose some question marks.
1. Advances in video analytics, surveillance/ video management software and video compression technologies
As video surveillance increasingly becomes digital and is monitored remotely particularly over the IP network, it is natural to expect significant advances in the analysis of video content as well as the software used for management of the images recorded.
2. Megapixel resolution cameras will rule the roost
There is often a debate between high definition (HD) and megapixel cameras and many people often use these two definitions interchangeably, though industry insiders emphasize that they are far from being the same. HD intelligent video surveillance will be the main trend in this industry during 2012 and 2013.
3. Geographical driver of the video surveillance industry may shift
Though there are reports that countries like Columbia, Indonesia etc. will be key growth drivers for this industry, I am not so sure. I believe the BRICS economies will continue to drive growth of video surveillance. Brazil, for example, has two global sporting events coming up in the next four years. This is bound to boost demand not only for surveillance cameras but the entire range of surveillance equipment.
With half of the year gone by, it is an opportune time to take stock of where the HD IP Network Surveillance wholesale market is headed and highlight the key discernible trends that have come to the fore. Listed below are three trends that are likely to have an impact on the industry in the remainder of this year and beyond.