AI and Edge Computing: Changing the Face of Video Surveillance

The advent of AI and edge computing has shifted the perception of surveillance cameras from being just security tools to intelligent Internet of Things (IoT) devices.

Lizzie Stokes, IoT Hardware & Devices and IoT Networks & Services Analyst at ABI Research, explains, “By harnessing new advancements in AI and edge computing, all areas of a business can consider surveillance cameras as intelligent IoT devices that can gather data and issue alerts without human intervention.” As Stokes highlights, this evolution allows surveillance cameras to potentially predict human behavior, a massive leap in the industry.

Non-Traditional Uses of AI Video Analytics

As these cameras grow smarter and more powerful, business sectors beyond security and monitoring teams are taking note. Marketing and HR departments are investing in video analytics solutions and smart cameras, recognizing their potential to boost company profits and streamline operations.

Stokes notes, “Business units use AI-equipped surveillance solutions to track customer spending and satisfaction and monitor employee health and safety.” Industries such as manufacturing and public administration are also utilizing smart cameras to identify manufacturing defects quickly and improve public safety, demonstrating the versatility of these devices.

The Evolution and Future of the Video Surveillance Market

The broad application potential of AI video analytics is contributing to a significant transformation in the video surveillance industry. Stokes states, “New use cases for AI video analytics are transforming the industry as more customers shift investments toward services that mine surveillance footage for operational insights.”

This shift has prompted an evolution in the business models and product offerings of video surveillance vendors. Furthermore, advancements in camera connectivity technology are unveiling new form factors like advanced body cameras for law enforcement and cellular trail cameras for hunters, enriching the market potential.

The Key Players in Video Surveillance Industry

The industry is witnessing a dynamic landscape with key players like Axis Communications, Honeywell, and Bosch making their presence felt. Motorola has also emerged as an important player after acquiring several popular video surveillance brands. However, Stokes also notes the controversial nature of the market, citing Chinese manufacturers Hikvision and Dahua as the “largest and most controversial companies in the video surveillance market,” due to national security concerns.

Market Challenges and Potential

Despite grappling with challenges such as international disagreements, privacy concerns, and the threat of increased regulation, Stokes remains optimistic about the future of the video surveillance industry. “Though the market is maturing now, it has the potential to be transformed by new, value-adding use cases and form factors,” she concludes.

About ABI Research ABI Research provides actionable research and strategic guidance to technology leaders, innovators, and decision-makers worldwide. They focus on transformative technologies reshaping today’s industries, economies, and workforces.

The intersection of AI and edge computing is not only transforming video surveillance but also shaping the future of several industries. As we continue to harness these technological advancements, we can look forward to a world where intelligent devices like surveillance cameras play a pivotal role in improving business operations and public safety.

What do you think about these advancements in AI and edge computing? How do you see this technology influencing your industry? We encourage you to share your thoughts and comments below.

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