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Interview: Stacey Lien, EMEA Sales Director, VIVOTEK

a&s Adria: Can you briefly introduce yourself to our readers?

Lien: I am Stacey Lien, the VIVOTEK EMEA Sales Director. I am managing the sales team, customers, and partners in the EMEA region.

 a&s Adria: You are VIVOTEK EMEA Sales Director. Can you tell me more about the EMEA team organization?

Lien: VIVOTEK focuses on the EMEA market since 2012. We have the branch office and the warehouse established in the Netherlands, which helps dispatch stock all over the EMEA seamlessly. Meanwhile, our sales representatives are located within EMEA, and you can easily find our representatives to provide security solutions. Instead of adapting crowd tactics to sell to the channel market, we focus more on those vertical markets which need professional know-how and take plenty of time to do PoC (Proof of Concept). Hence, we get extraordinary achievements in transportation markets, such as in Germany, France, Poland, the Czech Republic, Italy, the UK, and Ireland. We can proudly say: “VIVOTEK is the invisible safeguard to most of the EU trains.” Besides, we also have success cases for the retail market in the UK, and the healthcare market in Germany. Accurate AI can be a good solution to solve manpower and operation issues.

a&s Adria: VIVOTEK is part of Delta Electronics Group. Can you tell us more about VIVOTEK inside of Delta and Delta Electronics in general?

Lien: VIVOTEK is a Delta Electronics subsidiary, leading power management and IoT solutions provider in Taiwan. The company has a team of over 80,000 professionals worldwide, catering to various industries, including smart building, energy, and infrastructure. In the past, VIVOTEK and Delta have partnered and consolidated resources in the development of smart buildings, smart factories, and smart street lamps. These projects have facilitated VIVOTEK’s endeavor in global expansion.

a&s Adria: How did VIVOTEK overcome the pandemic, the lack of electronic components on the market, and the increase in the price of raw materials and transport?

Lien: Despite the current challenges that we are facing, and with everyone’s collective efforts in adjusting input/output, we were able to maintain healthy revenue growth YoY. So far, we have been very successful in adapting to the current situation and meeting all the needs of our partners.

a&s Adria: VIVOTEK manufactures all its devices in Taiwan. In 2020, you opened the first automated testing line, and you are in the process of building the fourth factory. To what extent have you upgraded your production capacity, how many units do you now produce per hour?

Lien: VIVOTEK is both branded and headquartered in Taiwan. Since its inception in the IP surveillance industry as an R&D enterprise some 22 years ago, VIVOTEK has built up a complete business ecosystem that spans research and development, manufacturing and production, and three exceptional factories, all within Taiwan. To ensure continued expansion and enhance production efficiency, the company shifted its factory development strategy to automation in 2020. VIVOTEK has made many milestones, including ISO9001, ISO14001, and SO14064-1 certification compliance, and built an excellent reputation as an international brand.

a&s Adria: You have implemented your solutions at your mother company’s new plant, creating synergy between VIVOTEK’s total smart IP surveillance solution and USGBC LEED Gold-certified DET plant 7. What type of products did you install and how did you make it cyber secure?

Lien: The Delta Electronics new Plant 7 in Wellgrow Industrial Estate, Chachoengsao received the LEED (Leadership in Energy and Environmental Design) Gold certification in the New Construction category from the United States Green Building Council (USGBC). The certification categories include sustainable sites, energy & atmosphere, materials and resources, indoor environmental quality, water efficiency, innovation in design, and regional priority credit. VIVOTEK designed a total solution including IP cameras, NVRs, POE switches, and the VAST 2 VMS. The system has over 178 units of smart IP surveillance cameras including 5MP IB9387-HT Indoor/Outdoor Varifocal Bullet cameras, 5MP FD9187-HT Indoor Varifocal Fixed Dome cameras, 5MP FE9380-HV Indoor/Outdoor 360° Fisheyes. In addition, the system has POE switches, Outdoor POE cabinet switches as well as the VAST 2 VMS. VIVOTEK VAST 2 IP video management software meets the real-world needs of DET 7 Plant by providing easy operation on multiple monitors with Matrix Video Wall software and a custom layout to accommodate both corridor and panorama orientations.

VIVOTEK collaborated with industry-leading cybersecurity software partner, TrendMicro, to provide network cameras with Trend Micro’s anti-intrusion software. VIVOTEK’s cybersecurity solution meets industry protocols and constantly provides solid shields to increase protection from various cyberattacks. VIVOTEK brings high-security protection and robust network surveillance to ensure a safer network environment for Delta Plant 7. As a global ESG leader and green building advocate, the new Delta Thailand Plant 7 is not only a remarkably efficient green building, but it is secure as well. By choosing customized VIVOTEK’s surveillance total solution, Delta Plant 7 achieves both security and sustainability at a world-class level.

a&s Adria: You have mentioned that you strongly focus on transport and traffic. Did you have any exemplary projects in that vertical in the EMEA region?

Lien: Yes, we have recently integrated a traffic surveillance solution for the Garneton Toll in Zambia. The Wilson Mofya Chakulya Toll Route is a brownfield toll road concession that runs along the T3 in that country. Connecting the nearby suburbs of Chimwemwe, Mindolo, and Mindolo North, the Garneton Toll is one of the most important routes in the region. VIVOTEK collaborated with system integrator, Africa Technology Operations and Maintenance (ATOM), to upgrade and replace dozens of cameras. This included connecting individual surveillance cameras to a centrally managed system using VIVOTEK’s VAST 2 software. A total of 8 VIVOTEK IB9367‐HT cameras were installed at the lanes. These cameras are outdoor-ready with weather-proof IP66, IP67, and vandal-proof IK10-rated housings, and their built-in IR illuminators are effective for up to 30 meters.

Additionally, 9 VIVOTEK IP9165-LPR-A Kit cameras were installed along the route to provide superior nighttime surveillance. Certified by numerous LPR software manufacturers around the world, this camera can cover both scene overview and LPC view while capturing vehicle speeds of up to 90 km/hr. The camera’s supreme anti-glare capability and CaMate IR illuminator with Continuous Variable Angle Technology (CVA Tech) guarantee high accuracy and plate recognition at night when visibility is poor. Moreover, this camera is easy to install and requires little maintenance, effectively minimizing costs and labor hours. Furthermore, 4 VIVOTEK CC8160 cameras were installed inside the Control Building to secure a good overall view indoors. The 2-megapixel CMOS sensor features a 180° horizontal panoramic view with a built-in microphone, capturing audio data along with visual information. Fitted with Smart Stream II to optimize bandwidth efficiency, the CC8160 is WDR enhanced and produces hi-res images at 30 fps any time of day.

VIVOTEK provided an excellent traffic solution for the client. The NRFA was able to replace their old system with a network of highly reliable surveillance cameras that boast accurate Automatic Number Plate Recognition. Using the VAST 2 central management software, the surveillance cameras are consolidated into a seamless IP surveillance system. VAST 2 simplified the management of the cameras while providing end-user analytics. The entire system with all peripheral benefits was achieved, satisfying the client’s demands for an accurate and reliable surveillance system.

 a&s Adria: Are you satisfied with VIVOTEK’s business in the region of Southeast Europe?

Lien: In 2022, our business in the Adriatic region is very good. As a large number of projects were stopped or slowed down during the pandemic, a good part started to return in the second half of last year and this year. Therefore, in the first half of this year, we had a growth of over 60%. First two quarters we worked very hard. At the beginning of the summer, the market calmed down in terms of orders and deliveries of equipment. The fact that we had excellent delivery time leads helped us a lot to achieve growth, and in this way, we were able to attract new partners to try and get to know VIVOTEK as a brand. Our new partners were also convinced of the quality of VIVOTEK products and the service that we as a brand provide. This year we have also had strong pre-sales. For the past 6 months, we have been working every day to offer solutions and equipment to our partners, both long-term and new ones. For me, the greatest recognition is that our long-term and new partners are satisfied and that we, as a brand, manage to fulfill their needs and market expectations in these demanding times for business.

a&s Adria: Which direction will VIVOTEK product development go in and which solution can we expect in the future?

Lien: VIVOTEK is well-known as an IP surveillance solution provider in this industry. Our more-than-20-year expertise led us to take great success in the past. However, this is a rapid-changing era. 10 years ago everybody talks about AI but doesn’t know how to utilize it, while 10 years later some already control the core technology, and are ready to enhance and enlarge its accessibility. We are also ready to face this exciting epoch. AI-driven tech is a big scope in our plan. We all see those old movies: a police officer sits in front of the desk, seeking hours to find a suspicious video clip for a case. With AI, the “Deep Search” feature helps you find fragments among hundreds of hours of video clips not only for one camera but also in all connected cameras.

This is just a piece of AI’s picture. Imagine what can be done if we can create more AI rules and adapt them to software, storage device, and even to cameras. The main function of IP cameras is to capture images. So we were eager for the high resolution and kept improving the low light performance. When these become commonplace, a camera that has AI to analyze images can be expected. This is another trend, called “Edge Camera.” When stepping into the “Edge world,” we can’t avoid talking about the “Cloud.” In our industry—we call it VSaaS—Video Surveillance as a Service. This brand-new direction is more suitable in selected regions due to it relying more on internet traffic and users’ habits. In short, in the following 3-5 years, VIVOTEK will devote itself to AI-driven, edge applications, and cloud services. As to the strategy for EMEA—we are highly motivated. We maintain our efforts on what we have done, continue to watch the industry trends and then focus on vertical markets and new segments.

a&s Adria: And in Southeast Europe?

Lien: In the future, in the Adriatic region we will continue to develop our primary verticals, such as business related to transportation (railways), a vertical based on traffic solutions, and, certainly, on SMB solutions for small and medium businesses. As almost every train in Europe has a VIVOTEK camera, we also plan to continue with that vertical in this part of Europe. Since railway transport in Adriatic region countries has been somewhat neglected after the events of the 1990s, we expect a strong investment in that segment. This part of Europe is very important in the railway network of Europe since it connects the East and West. Even the once famous Orient Express passed through this region. As the past decade was more related to investment in road connectivity, I believe that this decade will see the investments in railway infrastructure and return to the importance it had before the 1990s.

Security industry gathered once more in Essen

Security Essen has long been one of the central events in the calendar of security professionals. Therefore, after a four-year break caused by the pandemic, as well as the organizer’s decision to continue holding the fair in even years, there was a great interest by our editorial team to see the latest technological innovations and meet famous faces again.

However, interest waned somewhat when we saw that only three and a half halls were open and full, compared to the former twelve. With 1,040 exhibitors and more than 40,000 visitors from 119 countries in 2018, the fair dropped to 383 exhibitors and 17,000 visitors. This is a 63.1 percent decrease in the number of exhibitors, and a 57.5 percent decrease in the number of visitors. Big players such as Bosch, MOBOTIX, Axis, Milestone, ZKTeco etc. were absent, further impoverishing the once impressive event.

Focus on higher ranking visitors

The organizers, on the other hand, interpreted the situation differently. The CEO of the fair, Oliver P. Kuhrt, said that “the exhibitor presentations were top-class and led to intense discussions”, shifting the focus to the quality of the exhibited technologies, and that “with Security Essen, they offer the industry a strong strong platform in a strong market”, meaning the German market, where turnover in this economic sector increased by 7.5 percent to more than 24 billion euros last year. Also, the decrease in the number of people who came to learn about the latest available products and solutions was interpreted as a reflection of the trend of attracting more high-ranking visitors, because, according to the organizers, 77 percent were decision makers who invest or arrange investments in their companies. Such, they say, were “very satisfied with their visit to the trade fair – particularly with the wide range of products and services covering all areas of civil security, as well as the presence of many market leaders and industry giants”.

Telenot was one of them. “We have seen a clear trend towards better quality visitors. Whether they represented industry, corporate groups or retail chains, the security professionals who came to specifically Security Essen were all highly trained experts. There was great interest in both our professional access control technology and our new motion detector, which was presented during the fair and is already available on the market. The numerous specialist installers particularly asked about our even larger range in the area of intrusion and fire alarm technology. Security Essen 2022 has surprised us in a good way. We will definitely be back in 2024,” said Peter Wunderle, CEO of Telenot.

AI, digitisation and cloud solutions as main trends

It was clear that artificial intelligence (AI), digitisation and cloud solutions will significantly shape the future of civil security. Among other things, learning robot systems were on display, which carry out site surveillance tasks or provide information as visitor assistants. There was also strong interest in complete systems, where software, terminals, administration, analysis and maintenance services all come from a single source. As the progress in AI, Internet-of-Things technology and digitisation requires storage space for use and the amounts of data generated, cloud solutions were also in demand. Associated storage systems are also becoming increasingly important.

Start-ups had brought along plenty of new ideas for the security industry. At the joint stand sponsored by the Federal Ministry of Economics Affairs, they demonstrated intelligent robot systems designed as dogs, innovative solutions for recording working time and even storage containers for valuables hidden in inconspicuous furniture.

In the next, 183rd issue of the a&s Adria magazine, we will talk more about the technological innovations that we had the opportunity to see and hear at the stands of some of the world’s largest companies.

Save the date

The high level of satisfaction among trade visitors and exhibiting companies is reflected in the trade fair surveys. Nine out of ten visitors would recommend Security Essen to others. Nine out of ten companies expect good post-fair business due to the positive course of the fair. Almost all exhibitors stated that they had reached their most important target groups. Already now, 89 percent of the visitors and 88 percent of the exhibiting companies stated that they would be present again at Security Essen 2024.

The next Security Essen will take place from 17 to 20 September 2024 at Messe Essen. Interested exhibitors can find the registration documents online at www.security-essen.de.

Why a specialist manufacturer chose scalable Incedoä access control to protect its multi-use premises

London, September 2022 – Securing King Engine Bearings’ manufacturing facility in Israel posed all the challenges of mixed-use sites. Their location in Kiryat-Gat is used for manufacturing, sales and distribution. To control and manage access to offices, the warehouse and a packaging facility, they needed an integrated solution with flexibility and a comprehensive device range to match.

The secure and convenient movement of people is a challenge, at ASSA ABLOY we recognise that different people require different access times and entry points.  For King Engine Bearings facility, the ideal solution would include a portfolio of devices suited to different rooms and zones at the facility. The system must be built to high standards and have a trusted track record of reliability and security in real-world situations.

Installation and management of access control hardware and software should be scalable and cost-efficient with the possibility to upgrade in the future.

Why King Engine Bearings chose Incedo

As a company whose reputation is founded on engineering, King Engine Bearings understands the importance of manufacturing. ASSA ABLOY Opening Solutions’ Incedo access control ecosystem met their desire for a solution designed and built to “European standards and quality,” according to Koby Ben Hamu at King Engine Bearings.

External and internal doors between various areas of the facility are secured and monitored with ASSA ABLOY readers. Incedo controllers and door reader modules connect the hardware to Incedo’s flexible software management. All devices work seamlessly within the same ecosystem.

As Incedo is a modular, platform-based solution it provides flexible, scalable access control. Access decisions are managed from one integrated interface, which saves staff admin time. The Incedo device portfolio includes wired readers and wireless Aperio door devices plus a choice of card- and smartphone-based credentials, which may be used simultaneously. Key-operated electronic PULSE locks — powered by innovative energy-harvesting technology — may also be added, if needed.

For almost any opening, Incedo has a robust, field-tested solution. “Incedo gave us a perfect and fast solution for access control,” adds Mr Ben Hamu.

Plus, with Incedo, King Engine Bearings have the option to extend the coverage of their access control system whenever they choose. Their access control is future proofed.

To learn more about ASSA ABLOY’s Incedoä access control platform, visit https://campaigns.assaabloyopeningsolutions.eu/incedo-business

HID helps ensure Belgian rail service runs on time

The national railway company of Belgium, NMBS/SNCB, has successfully deployed a real-time location service platform with BEEKs Bluetooth Low-Energy (BLE) beacons from HID to accurately monitor train location and ensure on-time departures.

NMBS/SNCB maintains and operates 3,607 kilometres of track and approximately 30 train stations throughout Belgium with passenger safety and on-time departures serving as key priorities. Prior to the HID solution, when an approaching train reached a preset GPS coordinate, an app on the onboard attendant’s smartphone would signals software at the station to start running the digital safety-check programme to ensure passengers can safely disembark and the train can depart for the next station on schedule.

However, many locations such as tunnels, have limited cellular coverage. When this happens, the train’s GPS location can appear as far as 10 kilometres away from the station, thwarting the entire safety check process.

“We knew we had to find a different way to mimic someone’s location within the vicinity of the station. That is when the idea of using HID beacons to transmit a specific ID came into play,” explained Nathan Willekens, Innovation Project Manager, NMBS/SNCB.

NMBS/SNCB deployed HID Global’s real-time location services (RTLS) platform and BEEKs Bluetooth Low-Energy (BLE) beacons on its platforms to ensure the safety check process would not be compromised. Now, when the system detects the Bluetooth device, it is given priority over the potentially inaccurate GPS signal.

“We were impressed not only with the accuracy — we knew with more certainty that the train was in the location identified by the beacon — but also by the efficiency with which the beacons were able to operate and the area they could cover,” said Willekens.

According to HID Global, NMBS/SNCB is planning the system to be deployed in at least 10 additional stations across Belgium.

Enabling Digital Data Flows Across the Security Ecosystem

The Open Security & Safety Alliance (OSSA®) Continues to Innovate

for the Industry, By the Industry

The Open Security & Safety Alliance (OSSA®) was founded in late 2018 by major industry stakeholders to enable an influx of innovation across the security and safety markets. Our industry body is comprised of member companies from all facets within the security, safety and building automation categories – and together we work to 1) create device harmony, 2) ensure proper matching of demand and supply between devices, apps and audiences and 3) ensure we adhere to appropriate cyber security standards.

Specifically, over recent years, our members helped guide the creation of open standards that (when applied) allow for easy and cyber-secure integration of third-party AI analytics applications to run agnostically on video cameras, gateways and other computer vision/smart camera devices. This group of industry experts drives an open platform principle to open up the industry and take IoT security and IoT surveillance to the next level.

Our first issued specifications include:

  • OSSA® Application Interface Specification: This technical specification defines a set of four interfaces which collectively enables third-party software applications to run on video security cameras following the common OSSA Technology Stack.
  • OSSA® Compliant Camera Definition Specification: This technical specification sets the core system requirements for video security cameras following the common OSSA Technology Stack to provide a basis of trust and to ensure app interoperability across vendors.
  • OSSA® Camera Cyber Security Specification: This technical specification contains definitions and guidelines regarding mandatory and optional cyber security measures for cameras. The mandatory part of these guidelines will be used as an input for the OSSA certification framework that’s forthcoming.

Hardware manufacturers simply design IoT smart cameras according to OSSA specs, and end-users gain access to an unfolding forum of AI advancements and business opportunities (see Driven by OSSA details and products here). Technology company and OSSA member Azena created a corresponding and agnostic operating system (OS) that connects with the industry’s biggest online Analytics App Store in support of this collaborative issue.

Making Data Flow to Enable Flexible IoT Solutions

Now, in 2022, we are further refining the Alliance’s focus by standardizing consistent and uniform data interpretation and consumption, thereby opening the door for security and safety solutions and sensors to gain a better understanding of each other’s data sets.

Members are expanding their attention from realizing third-party applications on brand-agnostic cameras and AI boxes/gateways, to designing corresponding ontologies and communications protocols to further unlock data produced, stored and (currently) confined to millions of “things” – things that have the potential to share important digital data that can help us not only ‘see’ but more importantly ‘sense’ and ‘understand’ what’s happening across an area under surveillance. For example, providing the ability to intelligently cross-reference or combine data from a simple CO2 meter with that from other “things” such as video security cameras to detect and respectively verify if a meeting room is occupied or not.

The Alliance’s push to make the sensing data that our industry constantly produces better and more uniformly consumable and interpretable across the aisles (i.e., across brands, devices, applications and beyond) is an important next step for us all. Tapping into stagnant data reservoirs and enabling resources to securely flow data outside of current digital siloes will open up a tremendous new corridor of IoT-based possibilities.

More good work needs to be done. And we welcome additional industry experts and innovators to join our effort. Participation levels are flexible and completely up to you. We offer very affordable membership levels – and there is an open seat waiting at the OSSA table for anyone with an interest in bettering our category alongside other forward-thinking individuals and organizations.

We look forward to more good industry collaboration from the Adria Security Summit October 5-6 in Croatia. Stakeholders from all areas within the security industry continue to meet up at points around the planet to align and bring more intelligence to our security and safety systems. OSSA’s security alliance members are at the center of important orchestration – and we look forward to bringing new participants into the fold to help steer the next chapter in security. Connect with us here!

A Finnish sailing club saves members’ time by securing premises with cloud-managed, energy-harvesting locks

London, September 2022 – Many businesses know this problem. Securing dispersed sites poses specific problems for facility managers. Cylinder replacements when a key goes missing often involves travel and high expense. Any alternative access control system which relies on electricity can be hard or impossible to use in remote locations. Battery-free, wireless electronic locks, managed remotely via cloud software, help meet these challenges.

 Näsijärvi Sailing Club in Finland has multiple bases all over Lake Näsijärvi, some located up to 2 hours’ sail from each other. Many mechanical “skipper keys” were in circulation, which allowed club members to unlock and use these facilities. However, keyholder registers and many traditional mechanical keys’ whereabouts were no longer up to date. This presented a security challenge which neither mechanical security nor traditional access control could solve. The sailing club were seeking a solution to increase their security and at the same time save  effort and costs.

For a new, more efficient solution, the Sailing Club sought a programmable digital key system to help them regain control over facilities’ security. They needed wire-free locking devices suited to the club’s remote locations, with power provided by the user key.

To manage everything, they required software which enables system management tasks to be completed from anywhere: a system which makes it easy to remove access rights from any missing keys and audit trail capabilities, so security administrators can check access logs if an issue arises.

More control with programmable smart keys

Näsijärvi Sailing Club chose PULSE key-operated access control solution from ASSA ABLOYs group brand ABLOY for securing their premises and managing access for club members. Around 55 PULSE cylinders have been deployed across various Sailing Club locations. Authorized members now carry an individual key which opens all their permitted PULSE locks around the lake.

Why is PULSE the best fit for clubs with remote sites?

PULSE locks are ideally suited to an environment like Lake Näsijärvi, where access points are scattered. They generate all the electricity they need to power lock electronics from the key thrust. This innovative energy harvesting technology means neither cabling nor batteries are needed, which saves running and maintenance costs for the Sailing Club.

The PULSE cylinder range includes door locks, cam-locks, furniture locks and padlocks which can operate outdoors in the harshest climates. Almost any cylinder can be switched for a PULSE device and connected without wires or drilling.

Another advantage is that a PULSE system is so easy to manage. The club administer it for themselves, saving them additional management costs, too.

Secure facilities may be hours away by boat: PULSE saves wasted journeys. “The PULSE system allows keys to be updated and disabled at any time via readers and the cloud service,” says Ari Karjalainen, CEO of Ajan Lukko Lock and a member of Näsijärvi Sailing Club.

Incidents are easy to investigate by consulting key or lock audit trails: “In cases of vandalism, the access register can be used to check whose key has been used to visit the premises and when,” adds Karjalainen.

Advancis agrees technical partnership with Motorola’s Avigilon

Whereas Avigilon has been a Premium Technology Partner of Advancis ever since last year already, Advancis is vice versa now also part of the Technology Partner community of Avigilon.

Avigilon Control Center (ACC) video management software is completely integrated in the Winguard open PSIM platform from Advancis, so that it is possible to observe live streams, control cameras (PTZ), request playback videos, and more. Advancis’ Winguard ACC integration is compatible with ACC6 and ACC7 versions.

Laura Flamm Technology Partner Manager at Avigilon, states: “With this integrated solution, situational awareness is enhanced for the end users and provides efficient and intuitive security information management capabilities.”

Split-type Camera System For Project With Limited Space

VIVOTEK’s VC9101 is a high-performance split-type camera system. Its discreet design, rich functionality and ability to be flexibly integrated into even the tightest spaces, make this camera ideal for indoor or covert surveillance of ATMs, banks, stores and offices. The VC9101 features a separate camera unit (CU series) and video core design, enabling the tiny camera unit (with 5-meter long cable) to be easily and flexibly installed into any decoration or interior design, thus preserving stylish appearances while dramatically saving on installation time and cost.

Key Benefits:
· The camera unit that can be connected to the core unit can be positioned up to 5 meters away, enabling the tiny camera unit to be easily and flexibly installed into any decoration or interior design.
· The split-type camera system can be used to monitor spaces such as ATM’s, elevators, a single large space, or to provide different types of views, among other possible usage scenarios.

VC9101 Lens Installation: https://www.youtube.com/watch?v=e5Qi_cy53lY

For More Information: https://www.vivotek.com/VC9101

Contact our Sales: https://vivotek.futuresimple.com/  or email: djordje.bacic@vivotek.com

#vivotek #security #iot #surveillance #ipcamera #ai #surveillancetechnology #surveillancesystems #surveillancecamera #networkcamera #vca #analytic #ndaa

 

Video surveillance market set to register $76 billion by 2027

The video surveillance market is projected to grow from USD 48.7 billion in 2022 to USD 76.4 billion by 2027, at a CAGR of 9.4% during the forecast period. A number of factors, including increased camera capabilities, maturing technology, features, and customised systems, are making it easier for integrators to meet the demand from end users willing to upgrade legacy surveillance systems to meet their security and operational needs. This is according to the latest information coming out of the research company, Marketsandmarkets.

Security concerns and advancements in technologies demand real-time remote monitoring on any device at any time by end users such as retail stores, manufacturing sites, enterprises, warehouses, and banks to detect unusual events on their premises.

Storage devices hold the largest share

While DVR’s are considered as cost effective storage solutions, NVR’s provide an IP based recording solution over a centralised network providing more flexibility than DVRs. With the growth of IP cameras that record videos at higher resolutions and framerate, some of these cameras simultaneously record sound alongside the video. These factors have increased the storage requirements; hence, storage devices are projected to grow at the highest CAGR during the forecast period compared to cameras, monitors, and other accessor.

IP surveillance systems to show the highest growth

Along with the basic features, advanced IP cameras have enhanced filtering capabilities that can monitor the image and video data even in low light conditions. The network interface and PoE interface are used to transmit the data over a network. For advanced camera features, such as PTZ and PWM, motor drivers can be used to rotate the camera with PTZ capabilities. Although the upfront cost of IP video surveillance systems is higher compared to an analogue CCTV system, the total cost of ownership (TCO) over time is lower compared to analog video surveillance systems. Analysts found that some of the strongest players in this field include Hikvision, and Dahua Technology, Axis Communications, and Bosch Security and Safety Systems are among the major players providing IP video surveillance systems consisting of cameras, storage, and software.

City surveillance boosts infrastructure vertical

City surveillance is the dominant application for the video surveillance infrastructure market and is projected to grow at a high rate. An increase in investments by governments of various countries to increase safety levels in public places is also projected to boost market growth. The increasing number of smart city projects will require the implementation of various security and surveillance systems, thus driving the growth of the infrastructure market during the forecast period.

Fastest growth comes from APAC countries

Asia Pacific is projected to be the fastest-growing region in the video surveillance market owing to heavy investments in infrastructure and smart city projects. The use of security cameras in Asia Pacific is expected to increase owing to the massive deployment of city surveillance networks in China to monitor millions of citizens across the country. The increasing urbanisation in Asia Pacific has led to the development of new cities and manufacturing and retail industries, among other application areas in other countries. The rising penetration of surveillance cameras in small and medium-sized enterprises, hospitality businesses, airports, ATMs, banks, residential buildings, and religious places, among other places, is also expected to drive the video surveillance market growth. According to Marketsandmarkets, the major players in this region include Dahua Technology, Hikvision, Hanwha Techwin, and Uniview.