School surveillance - could it drive the transition to IP?
A recent report from Frost & Sullivan North American Video Surveillance Software Markets has predicted that revenue from IP video will grow a staggering 70% in the next seven years - from $139.76 million in 2006 to $826.7 million in 2013. One of the catalysts behind this amazing growth? Schools.
Recent tragedies at grade schools and universities, along with concerns over terrorism, border security and other crime have made security a concern that's on everyone's mind, and are giving the IP video market plenty of room to grow.
These developments are working in concert with technological advances to create an environment where IP video has a definite edge over traditional CCTV surveillance. Frost & Sullivan cites several factors which they believe to be indicative of this, including:
- Continuing integration of security and IT. This transition has led to the creation of many new types of surveillance products, giving a wider range of options to suit a growing range of video surveillance needs. Integration of physical security systems into IT also provides new ways for management to analyze footage speed up reaction time to critical events
- Reduction of cost. Like computers, digital cameras and flat screen televisions, the initial price of IP cameras and other digital surveillance equipment was a shock to many. However, as the market has grown, cameras and technology have grown more popular, the price has fallen, making IP video and integrated security more accessible.
- Improved internal processes. One of the main initial drawbacks to digital surveillance was the large amount of network bandwidth that cameras commanded, especially during transmission. The size of hard drives and network video recorders also raised problems, especially with long periods of video. New and advanced techniques for compressing security footage have made it easier for servers to accommodate a network of IP video cameras, and for hard drives to hold longer periods of footage.
Read the press release from Frost & Sullivan here