Impressive Growth Projected In Video Surveillance Equipment


Despite the impressive growth that was already projected for the global video surveillance equipment market prior to the recent bombing at the Boston Marathon, IMS Research, part of IHS, is predicting that the terror attack will likely drive increased government spending on video surveillance. 

The Department of Homeland Security (DHS) is also looking at increased use of security and video technology.  "I think you have to look to see what type of technology is available and affordable that will provide wide-scope coverage of a large open area with video analytics tools", said Jack Tomarchino of DHS. "Technology will need to give law enforcement a clear view of the area that they're concerned about, to allow them to harvest potential evidence, so that should an action occur or an attack occur or a crime occur, they'll have the ability to use affordable security solutions".

Addressing today's demanding field applications, industry manufacturers of perimeter security sensors now offer tools for the integration of video surveillance products that combine fiber-optic sensors with camera systems. The FSI Device SDK is an example of an industry tool for security systems integration.

Footage from both public and private security cameras proved to be an invaluable tool for authorities during the Boston bombing investigation as they were able to quickly identify the suspects in the case. In fact, just last week, Boston Police Commissioner Edward Davis called for the implementation of a city-run surveillance system and indicated that he would be interested in using aerial surveillance technologies to monitor events such as the marathon in the future.

According to a statement, IMS said that it is the process of updating its most recent forecast of the video surveillance equipment market, which projects worldwide revenue to rise to $20.5 billion in 2016, a 114 percent increase from the $9.6 billion that was spent in 2010.

>>> Read the Full Article