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Video surveillance technology: 8 trends to watch for in 2023

Video surveillance technology has come a long way with the advent of artificial intelligence, high-resolution cameras, and cloud-based storage. These advancements have revolutionized the way we secure and protect our homes and businesses, bringing peace of mind to people all over the world.

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As technology continues to evolve, the travel industry can also benefit from the use of video surveillance, ensuring the safety of travelers in airports, hotels, and other public spaces. By incorporating these advancements, travel companies can provide their customers with a higher level of security and peace of mind during their journeys.

1. Video Analytics Powered by Artificial Intelligence

Experts predict that the video analytics market will surge by more than 400% and exceed 21,778.0 million by 2027. Integrating artificial intelligence is one of the driving forces propelling the industry forward.

AI-powered video surveillance solutions extract valuable insights from collected data, autonomously detect threats, and send real-time alerts to security personnel. The system’s efficiency is heightened with AI’s ability to recognize specific behaviors and objects, allowing human operators to monitor more video feeds effectively. As a result, companies that utilize AI can offer advanced security solutions to their customers. Additionally, AI surveillance can provide valuable insights into customer behavior, creating new revenue opportunities and an enhanced customer experience.

2. Creating new cybersecurity solutions for video surveillance

A comprehensive cybersecurity strategy involves safeguarding devices and securing cloud infrastructure. With IoT and video analytics, the risk of cyberattacks has increased, but modern VSaaS solutions use encryption to fortify security at all levels. To ensure the integrity of their surveillance systems, organizations should prioritize cybersecurity and adopt strong measures to thwart cyber threats.

3. Reduced operating costs, maintenance, and software upgrades

By transferring video storage to the cloud, businesses can decrease hardware expenses, streamline installation processes, and decrease costs associated with system maintenance and software upgrades. AI-enabled surveillance can reduce expenses by 20-50% compared to conventional systems, and automate duties, resulting in decreased labor expenses.

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Systems that are cloud-based necessitate fewer hardware components, have simple installation processes, and provide automatic software upgrades and patch management, minimizing the need for ongoing maintenance. Furthermore, by utilizing a subscription-based payment model, companies may optimize expenses, benefit from multi-year subscription discounts, and maintain predictable and consistent video surveillance expenses.

4. Unconstrained capacity in the cloud to handle AI

Cloud-based solutions are the most practical option for advanced AI processing, providing unlimited scalability and flexibility to businesses. With the cloud, companies can add AI-driven features to their video surveillance systems without investing in new hardware or software.

AI-powered video surveillance solutions require significant processing power, which can be easily handled by leveraging access to unlimited cloud computing. The cloud also offers built-in redundancy, disaster recovery, and cybersecurity measures, providing enhanced reliability and security for AI-powered video surveillance systems. In addition, VSaaS customers can quickly expand their subscriptions and integrate new features or upgrades.

5. Improved cloud-based solutions

VMS and NVR manufacturers are integrating cloud solutions to fulfill the rising demand for VSaaS functionality. Nevertheless, compatibility disparities remain among service providers in terms of video quality, latency, available features, and security.

While cloud storage enables secure access to video feeds remotely from any internet-connected device, it also poses challenges such as latency, reliability, and cybersecurity risks. Hence, organizations must meticulously assess different cloud solutions. Cloud platforms provide greater storage flexibility, enabling users to access their videos globally with high security and reliability. Nonetheless, they must ensure sufficient computing power to operate their surveillance system without connectivity and latency problems.

6. High-resolution IP security cameras

Higher-resolution IP security cameras have become more affordable, with triple the number of high-resolution cameras purchased in the past five years. They provide more detailed footage, improving the identification of specific individuals or objects. The technology also enhances the effectiveness of video analytics solutions, such as tracking and detecting anomalies. However, high-resolution cameras require more processing power and storage capacity. VSaaS customers can utilize the flexibility of cloud-based video surveillance services to handle the increased data load, ensuring their infrastructure can handle the demand.

7. Integrating video with 3rd party systems

Integrating video surveillance with access control and communication systems creates a comprehensive security network. The surveillance system can detect specific behaviors or events and trigger an alert that automatically locks doors or sends a signal to security or emergency personnel. Cloud video surveillance solutions simplify integration and enable central management from a single dashboard.

Cloud or web services are generally very capable of integrating with 3rd party systems, offering Open APIs and well-understood protocols for communication between different systems.

Choosing a cloud-based system also reduces on-site equipment and maintenance requirements, making managing and maintaining the system from a central location more feasible.

8. SaaS models to improve the customer experience

Using SaaS models, cloud-based video surveillance providers can improve customer support and reduce operational overhead. Technical support can solve problems remotely, ensuring customers receive immediate assistance. SaaS models are also designed using customer feedback to create user-friendly products. Satisfied customers are incentivized to renew subscriptions and recommend the service to others, improving reputation and customer loyalty.

Capitalizing on video surveillance trends

Video surveillance is an essential tool for security and safety. The market is growing, and cloud-based solutions are becoming more popular. High-resolution cameras, integrations with other security applications, and SaaS models are just a few trends shaping the industry in the coming years. Companies that capitalize on these trends can improve customer loyalty, reputation, and market position. To stay ahead of the curve, organizations should invest in cutting-edge video surveillance technology and seek out cloud-based solutions that provide scalability, flexibility, and convenience.

 

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