In an article in Psi (Professional Security Installer), Hanwha Vision has outlined five key trends in video surveillance to watch in 2024. As technology continues to advance, these trends are set to gain even more prominence and offer new innovative uses for video systems in various business applications.
Over the past decade, video surveillance technology has significantly evolved, creating new opportunities for users, installers, and integrators. The shift from traditional security applications to solutions that leverage AI and cloud technology is enabling users to tackle broader business challenges, promising substantial benefits.
The transition to cloud-based services is accelerating, driven by the benefits demonstrated during the pandemic. With the rise of AI, businesses are increasingly investing in cloud services to support AI-driven video strategies. Cloud technology offers scalable solutions, cost efficiency, and ease of integration with existing systems and other security technologies.
The momentum of edge computing is also set to increase in 2024. By integrating AI with edge computing, data is processed directly in the camera, providing immediate insights and reducing the need for extensive data transfer. Edge AI cameras enable on-site video analysis, facilitating real-time decision-making
Cybersecurity remains a top priority as new technologies like cloud and AI become more prevalent. In 2024, the EU will introduce the Cyber Resilience Act (CRA) and the Network and Information Security Directive 2nd Edition (NIS2) to enhance cybersecurity standards.
Sustainability is also becoming a critical business requirement. The Corporate Sustainability Reporting Directive (CSRD) will require European businesses to report on their sustainability efforts.
In a survey of 1,000 business leaders across the UK, Netherlands, Italy, Germany, and France revealed that nearly one-third (31%) now advocate for AI-enabled video to address their business challenges. This figure is almost double that of those who prioritize automation and robotics (17%) and closely matches those who see 5G and IoT as crucial (32%).
AI-powered video is becoming a game-changer for businesses. The integration of AI with security cameras is transforming video technology from pure surveillance to a multifunctional business tool. AI-driven predictive analytics offer critical insights and help identify risks before they arise. AI-based video analytics involve collecting video data, performing exploratory analysis, and modelling scenarios. Sectors such as smart cities, retail, manufacturing, logistics, and healthcare are utilizing this technology to improve efficiency, safety, and service quality.
