The current video surveillance market is quite strong and will replete with opportunity. The overwhelming consensus among the current security professionals interviewed for first in SDM’s 2018 series. It is that the video surveillance market will remain strong and seems to grow. Various factors driving that growth will have greater applications for video. Or even with increased integration and various technologies. Which are now starting to become more mainstreams like big data, analytics and more.
It has a terrific industry, as per some of the major experts, which is not going to slow down anytime soon. The industry is now becoming healthy. 2017 was a perfect year for the VIVOTEK, and this momentum. This is carried right into 2018 with the greater excitement. However, there is plenty of causes for confidence and optimism, growth may have slowed down slightly and due in part of dropping camera pries, leveling off of transition from the current analog to the IP technologies.
Perfect market drivers for you:
There are so many interesting options associated with Security Camera Systems Philadelphia and you might want to learn about that. One thing that can drives market is compliance, mainly when the end users are up against requirements. The companies have seen lot of traction here and in those verticals because of compliance requirements. Most of the compliance drivers exist in verticals such as healthcare and utilities.
Even though the Trump Administration seems to be quite relaxing many business regulations. Security is just one thing is not compromising. They see it more of continuation of last administration as they look certainly in year and well right into future.
Impact due to the political changes:
The new political issues and elected President did have a huge impact on capital spending in terms of video surveillance. Again in some of the vertical markets, where was pause in spending. Which has caused pent-up demand followed by that surge of the demand.
- Another driver in this current video surveillance market has to be the technological advancements and inter connectivity of various technologies, which will never be used for crossing paths with one another.
- It is always stated to be the ability to leverage sensors and devices on the current IoT. This is for providing customers with some of the actionable intelligence, which is currently driving the market.
- According to some of the experts, people are really getting fed up with maintaining their disparate systems across video, license plate recognition, access control and building automation, mainly in video and access control as these features are common. Mostly in the larger scale enterprise space, there is always a demand growing in unified sector of businesses.
Controlling ongoing threats:
Ongoing crimes, cyber security and terrorism represents third driver. There is always an acute awareness for the current need for better security and also for perimeter protection. Therefore, it is anticipated that 2018 will be another growing year and new business opportunities for the surveillance marketing experts and intrusion detection technologies, at the same time.