Security News > 2020 > July > Demand for video surveillance cameras expected to skyrocket
Video cameras can be used in a variety of situations beyond simple surveillance, says research firm IDC. The demand for video surveillance cameras is expected to jump over the next few years, according to new data released by IDC on Tuesday.
Differing somewhat from traditional security and closed-circuit television cameras, video surveillance cameras typically work in conjunction with security systems and are often internet-connected so people can monitor the feed from anywhere.
"Although the video surveillance camera market will experience a decline in revenue for the first half of 2020, IDC expects that latent demand and the need to increase the safety and security of public spaces will ensure that 2020 overall will be a positive year for the video surveillance camera market," Mike Jude, research director for IDC's Video Surveillance and Vision Applications practice, said in a press release.
Consumer video surveillance cameras now account for 32% of the global market, due largely to the use of home security systems and mobile cameras such as those in cars.
"Video surveillance camera growth is being driven by the adoption of smart camera systems and the adoption of the video analytics applications that enable them," Jude added.