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Network Camera Cost Decline Encouraging Use of Video Surveillance Software 7/25/05 |
With the introduction of low-priced technology and due to intense competition hardware prices in the world
video surveillance software market has dropped drastically. Encouraged by the reducing prices of digital and
network cameras and the incorporation of improved features, end users have begun installing an increasing number of cameras per site.
Video management software provides an effective and efficient method of managing a large number of cameras.
New analysis from
Frost & Sullivan reveals that market revenues totaled $153.7 million in 2004 and expects to reach $670.7 million in 2011.
“Video surveillance software helps buyers save costs by requiring them to deploy fewer personnel at monitoring stations,” says
Frost & Sullivan Senior Research Analyst Soumilya Banerjee. “With lesser requirement of human intervention at the monitoring station, security personnel can be either relocated on site or be dispensed, depending on the premise
under surveillance.”
With the advent of
network-based products that enable the use of software on networks, consultants have to be educated about the products so that they are comfortable working with them, and eventually refer them to end users.
The growth of the
video surveillance software market is partly derived from the expansion of network-based systems, which include local area networks (LAN), wide area network (WAN), and the World Wide Web. Since network systems enable remote monitoring and maintenance of surveillance systems, end users of this technology will need to have established network architecture. Source: tekrati.com |
