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.

Genetec, Motorola Solutions and Milestone Systems continued to grow their combined global share of the market for video surveillance software and service agreements in 2021, according to a new report from Novaira Insights. The research shows that this global market was worth $2.4 billion in 2021 with around 68% of this outside China. The, so-called, “big 3” grew their combined share of the market for video surveillance software and managed services to over 35% in the world excluding China.

The supply base for video surveillance software outside China remains very different to that of the Chinese domestic market. China continues to be mainly served by large domestic vendors. In contrast, the world excluding China is served, not only by the big 3, but also by a multitude of other suppliers, each with a small market share of less than 3%.

Novaira Insights’ latest report, “The world market for video surveillance hardware and software”, shows that, outside China, the market for video surveillance software and managed services grew quickly at 10.1% in 2021, as restrictions on movement due to the Covid-19 pandemic eased and pent-up demand for video surveillance equipment was served.

According to Jon Cropley, principal analyst at Novaira Insights, “An important factor in the big 3 continuing to grow market share in future will be their strategies for cloud. We are forecasting that the market for cloud video management software will grow much faster than the market for on-site video management software licenses. So far, each of the big 3 has adopted a different approach to cloud so it will be interesting to see how these approaches evolve going forward”.

The pandemic appears to have catalysed interest in cloud video surveillance. 53% of respondents in a Novaira Insights 2022 survey of North American end-users indicated that the pandemic had either started, accelerated, or greatly accelerated their organisation’s cloud strategy specifically related to video surveillance. Furthermore, 68.3% of respondents thought their organisation will move to managing or storing more of its video surveillance data in the cloud in the next two years.

According to lead analyst and founder of Novaira Insights, Josh Woodhouse, “The medium-term future for many video surveillance installations will be largely a hybrid approach in which software is hosted off-premise in the cloud but a primary tier of video storage is on-premise. Cloud storage will likely be increasingly used but this will be often in conjunction with on-premise storage tiers.”

In new data released by the Home Office, statistics show that the vast majority (98%) of confirmed automatic fire alarm incidents are false alarms, while only 2% were a result of an actual fire in 2020/21. This is down from 3% from 2019/2020.

The majority of false alarms (90%) are due to ‘false apparatus’, with 2% deemed as malicious. 6% are a result of ‘good intent’.

The overall number of fire incidents from automatic fire alarms in 2020/21 was 129,221 – a decrease of over 6.5% on the previous year. Of those that were confirmed fires, 1,855 were from dwellings, 740 from ‘other buildings’, 52 from secondary fires, nine from ‘other outdoors’, five from road vehicles and four from chimney fires.

Automatic fire alarms are designed to sent a signal once a fire is detected via the fire alarm panel straight to an Alarm Receiving Centre (ARC) for the local fire and rescue service to respond to. Some fire and rescue services now also require a confirmed fire before responding, due to the high number of false alarms received, though many do not, such as the London Fire Brigade, who will response to every alarm unless a false alarm is confirmed beforehand.

(IFSEC)

Johanna Wretdal has been appointed as Iloq’s CMO, and she will also become a member of the company’s management team. Prior to joining Iloq, Johanna was the CMO for Silo AI.

Johanna is equipped with two decades of global experience, ranging from local startups to internationally listed, leading organisations. She will take overall responsibility of the company’s marketing and communications agenda, along with playing a key role in ensuring an end-to-end brand development that ultimately supports the organisation’s strategy. Johanna holds a Master’s Degree in Economics (Management & Organizations) from the Swedish School of Economics and Business Administration (Hanken).

“I am excited to become a member of the Iloq family, and together with the team and customers boost further impactful growth!” says Johanna Wretdal.

The global flame detector market is expected to grow from USD 1.7 billion in 2022 to USD 2.1 billion by 2027, at a CAGR of 5.0% during the forecasted period. The major drivers for the growth of flame detector market include growing adoption of flame detectors across major industries such as oil and gas, energy and power, pharmaceuticals, and automotive among others, technology improvement in the flame detection devices, and also the implementation of policies, regulations, and government initiatives is having an impact.

The flame detector market is dominated by major manufacturers such as Johnson Controls, Carrier Global, Honeywell, Siemens, Halma, MSA, Robert Bosch, Emerson Electric, Minimax Viking, and Draeger among others. These companies have their manufacturing facilities spread across various countries in Asia Pacific, Europe, North America, South America, and Rest of the World.

UV/IR flame detectors to witness the highest growth

The UV/IR flame detector is expected to witness the highest growth rate during the forecast period due to the high reliability of the detectors. The UV/IR flame detectors can detect flames in both UV and IR spectrums and offer minimum false alarms. In addition, UV/IR flame detectors have been present in the market for a significant time and they are trusted by the consumers. Additionally, implementing UV/IR flame detectors reduces the operations cost as compared to implementing two different types of flame detectors within a fire protection system. This is one of the key factors driving the demand for UV/IR flame detectors.

Wireless technology on the up

Wireless flame detectors are a new and emerging market. Companies are still conducting research and product development in the wireless flame detector market. Yet, the demand for wireless flame detectors from various industries such as pharmaceuticals, marine, logistics, and chemicals is increasing due to the ease of implementation in complex locations where wiring would often be difficult. The demand for wireless flame detectors with Wifi and Bluetooth connectivity options is also growing, as these devices utliise a new and emerging technology, and the fact that they offer ease of use and installation means that the highest growth rate is being seen for these devices during the forecast period.

Pharmaceuticals fastest growing vertical, North America the largest region

The demand for flame detectors is rapidly growing in the pharmaceutical industry. The increasing usage of flammable products and chemicals for testing and manufacturing of pharmaceutical products is the leading factor for the fastest growth rate.

The analysts report that the North American region is the largest market for flame detectors, driven by the US and Canada. The region has the presence of major flame detector manufacturers, and some of the key players have their headquarters in that region. Thus, new and innovative flame detector products are easily available in the region. Additionally, the region has strict rules and regulations for the safeguarding of humans lives and protecting assets from fire. The region has a robust supply chain for flame detectors from suppliers to end users. The growing oil and gas, energy and power and automotive industries in the region are also key drivers for the flame detector market.

Dahua Technology, a world-leading video-centric smart IoT solution and service provider, proudly announces that its network camera and video recorder products have passed ETSI EN 303 645 standard. As the most recognized standard that ensures protection of consumer IoT devices against common cybersecurity threats, compliance with this standard fully demonstrates Dahua’s comprehensive product design capabilities and industry-leading cybersecurity and data protection capabilities.

ETSI EN 303 645 is a globally applicable standard for consumer IoT cybersecurity released by European Telecommunication Standard Institute. It provides a foundational assessment method to prevent cybercriminals from taking control of global devices, launching DDoS attacks or spying on users. The technical standard covers security requirements in 14 areas including minimum attack surface, secure communications, and personal data protection, establishing a security baseline for Internet-connected consumer devices, and reducing the risk of personal data breach while helping devices to better comply with GDPR.

For a long time, Dahua has been attaching great importance to information security in the field of smart IoT, taking cybersecurity and privacy protection as one of the company’s highest priorities. Adhering to the concept of “compliance, openness and transparency”, Dahua has implemented data security and privacy protection control measures in strict accordance with default privacy protection design requirements. It covers all stages of the planning, design, development and delivery of a full range of products and services. Dahua products strictly follow the fundamental requirements for data minimization and privacy compliant settings, and continuously integrate privacy protection technologies and applications such as data masking, data encryption, face occlusion, trusted computing, etc.

In addition, Dahua always adheres to its core values of openness and constantly seeks cooperation with international authoritative security institutions to jointly build a robust security ecosystem while improving its own security capabilities and solutions. The company has established auditing and certification cooperation with a number of international security institutions, including British Standards Institution (BSI), TÜV Rheinland, Intertek EWA-Canada as well as many others. So far, Dahua’s capabilities in product security and corporate cybersecurity management has been certified by several global standards such as ISO/IEC27001, ISO/IEC 27701, FIPS 140-2, and ETSI TS103645.

With customer-centered approach to innovation and development, Dahua will continue to invest in cybersecurity to produce and deliver secure products and services that follow industry standards and to help customers better comply with relevant regulations.

Mike Cottam has been appointed as Sales Director at leading fire protection solutions company Advanced.

Mike joins Advanced from global science-based technology company 3M, where, over the past 19 years, he has held a variety of roles covering sales and marketing, integration and Lean Six Sigma.

In his latest position as EMEA Segment and Channel Leader within 3M’s Abrasive Systems Division based in Dubai, Mike successfully headed up the sales and marketing strategy to expand the division’s customer base into key metal working segments across Europe, the Middle East and Africa.

In his new role, Mike will draw on his wide-ranging experience to lead Advanced’s sales, marketing, customer service and technical support teams in delivering excellent customer experience and accelerated growth in new and existing markets. Promoting the business’s values and building upon its strong brand reputation will also be important areas of focus.

Mike said: “Advanced has a clear purpose of creating a safer future, something I’m very passionate about and eager to play my part in achieving. I am excited to be joining the company at a time when, despite a challenging economic backdrop, the business is continuing to thrive and expand into important new areas of fire and life safety. I look forward to working with teams across Advanced to build upon the excellent foundations already in place and develop new markets and channels that will allow us to bring the benefits of our solutions to an ever-wider range of customers.”

Advanced’s Managing Director, Pete Browitt, said: “Mike brings a valuable breadth of skills and experience to our leadership team. Having worked across diverse sectors including healthcare, personal safety, infrastructure protection and abrasives, he will be able to draw on best practice from these areas to introduce new opportunities and approaches to our business. His proven commercial background, combined with strong customer focus, will help take us to the next level of our growth strategy and keep us at the forefront of our industry.”