Top 3 Trends of IP Video Surveillance and VSaaS Industry
Top 6 Trends of IP Video Surveillance and VSaaS Industry in BFSI

Top 3 Trends of IP Video Surveillance and VSaaS Industry

Security is a crucial concern for businesses in the current era. The introduction of IP video surveillance and video surveillance as a service (VSaaS) has transformed the approach of various industries toward their security measures.

Many industries that prioritize security and closely monitor their operations require advanced technology solutions to ensure their safety. The emergence of digital technology and the demand for remote access has made it imperative to enhance the security measures of various institutions.

IP video surveillance systems are digital video cameras that are connected to a network and can transmit data over the Internet. Unlike analog cameras, IP cameras can capture higher-quality images and video, making them ideal for monitoring banks and other financial institutions.

Top Trends of IP Video Surveillance and VSaaS

The IP Video Surveillance and VSaaS market continuously evolves with new technological advancements and changing market dynamics in the BFSI sector. Here are the top 3 trends of IP Video Surveillance and VSaaS:

·????????Integration of AI and Video Analytics

Integrating artificial intelligence (AI) and video analytics is the most significant trend in the IP Video Surveillance and VSaaS market. With AI and machine learning integration, video analytics has become more advanced, leading to improved security, operational efficiency, and business intelligence.

For example, Hikvision released two 7-series DeepinView, AI-powered license plate recognition (LPR) cameras in April 2023. This release indicates the continued growth and innovation in the IP surveillance and VSaaS industry. These advanced cameras with 4 MP resolution are specifically designed to enhance security for end-user parking lots and garages, showcasing the expanding applications of IP cameras beyond traditional security settings.

·????????Integration with Other Business Systems

Integration with other business systems is a rising trend in the IP surveillance and VSaaS industry, because it allows businesses to leverage the power of video surveillance in new and innovative ways.

For example, Honeywell Security Group launched IP vigilance systems with ONVIF integration in September 2022. This is a significant development in the IP surveillance and VSaaS industry. This feature will allow the procedures to be integrated with other business systems, such as alarm systems, POS systems, CRM systems, and BI systems, making it easier for businesses to monitor their operations and enhance their security. This integration will enable companies to leverage the latest technologies to record and manage video footage, providing better insights and information to make informed decisions.

·????????Availability of Mobile Access for Convenience

Gone are the days when big websites had to depend on outdated and complex analog camera systems that were difficult to install and had limited functionality due to cable length constraints. With the advent of wireless IP camera arrays, installing them anywhere as needed and integrating them smoothly with other IP-ready devices has become effortless.

For example, Clipsal by Schneider Electric released new Wiser indoor and outdoor security cameras in July 2022. This indicates a growing trend in the IP surveillance and VSaaS industry toward providing more advanced and versatile security solutions. With a surge in demand for smart home devices, customers seek security systems that can seamlessly integrate into their existing setup. The Wiser Smart Home Security solution caters to this need by offering electricians and builders a system that can be used as an add-on to existing Wiser systems or as a standalone solution.

Conclusion:

IP video surveillance and VSaaS are vital technologies that can enhance security and productivity in several industries. These technologies can help prevent theft, fraud, and other criminal activities by providing real-time monitoring of critical areas. They can also be used to optimize operations and improve employee performance, ultimately improving the customer experience. Investing in IP video surveillance and VSaaS is a smart decision for any business looking to enhance its security and productivity.

Source: https://www.techbii.com/

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