Artificial Intelligence (AI) and Deep Learning technologies dominated the security and surveillance sector. Going forward, the AI technology will continue to become more common and more powerful. This trend will strengthen critical security efforts in every sphere. Ashish Dhakan, MD and CEO, Prama Hikvision India Pvt Ltd marks us pointers as to what was big in 2018 and how will the security and surveillance for the industry look like in the coming year ahead.
New Trends in the security and surveillance sector in 2019
-According to the research report by Markets and Markets, "Video Surveillance Market by System (Analog, & IP), Offering (Hardware, Software, & Service), Vertical (Commercial, Infrastructure, Military & Defense, Residential, Public Facility, & Industrial), and Geography - Global Forecast to 2023", the video surveillance market, the overall market is estimated to grow from US$ 36.89 Billion in 2018 to US$ 68.34 Billion by 2023, at a CAGR of 13.1% between 2018 and 2023
-The increasing concerns for public safety and security, growing adoption of IP cameras, and growing demand for DIY and spy cameras are the key factors driving the video surveillance market growth
-In the year 2019, it is expected that the Artificial Intelligence and Deep Learning technologies will continue to penetrate the video surveillance market
-There will be growing awareness about Data Privacy and Data Protection
-Further, the demand for Forensic Video Analytics as a service, Smart Face Recognition Solutions and Body Worn Cameras for Homeland Security will grow more and more
-There will be wider Proliferation of IoT Applications in Smart Transportation, Smart Retail & Smart Home segments
-The adoption of Big Data Applications in Smart City and Safe City Projects will also increase
-There will be growth in number of Blockchain Technology enabled applications in Video Surveillance and IP Adoption compared to Analog HD trend
-Alongside, it is also expected that the Smart Integration of Video Surveillance with Access Control and Perimeter Security will also increase with time
Ashish says that Hikvision’s DeepinView Cameras and DeepinMind NVRs and Servers are leading the way in this new world of video surveillance technology by making invisible intelligence visible for users, and then putting that intelligence to good use. He looks forward for the cameras, NVRs and servers to implement the latest in surveillance technology ahead and help keep projects high while keeping security in mind to create a safe environment.