Recent market research has shown that the video surveillance industry is experiencing massive growth, and video surveillance, as a service, is only getting bigger as the industry continues to progress. The world market for video surveillance grew 25% between 2010 and 2011.
Between increasingly sophisticated technology and competitive product pricing, the market is poised to double over the next three years. Market analysts attribute the boom of growth for the video surveillance industry to an increase in demand from the government, small to medium businesses, and individual consumers. Market growth has led to greater industry awareness and streamlined services that will solidify the industry’s future growth.
Advances in the hardware and software used for video surveillance have significantly reduced the cost of video surveillance, making it a viable security option for even small businesses. The wide variety of technology available ensures that all of your security needs are covered, no matter how big or small they may be. Homeowners can have a few small cameras installed in their home to make sure their families are safe, while businesses are opting for greater more advanced live monitoring systems to protect their assets.
Though advances in technology have made remote video monitoring a great security tool for a variety of different people, analysts say cost is still a big factor in the growth of the industry. Market analysts also believe that further advances in software could cause a boom in the market for video surveillance as a service. Future remote video monitoring software could include business intelligence functions and improvements in remote monitoring capabilities.
While analysts agree that the video surveillance market has the potential for massive growth, they also state that progress in the market depends heavily on video surveillance providers’ abilities to keep costs low while continuing to improve features and technologies. Researchers predict that, with these improvements, the video surveillance as a service industry will be worth $1 billion by 2014.
Here at Stealth Monitoring, we pride ourselves on being at the forefront of the video surveillance industry. We offer a variety of different surveillance options to cover a wide range of needs. Whether you’re looking to protect a large business or an individual property, we’ve got you covered. Our Live Video Monitoring control center ensures that no thief goes undetected, and our well-established relationships with Police Departments across America allow us to deal with security breaches quickly and efficiently.
At Stealth Monitoring, we offer quality video surveillance that is specifically tailored to your business needs and budget. As the video surveillance industry continues to grow you can count on Stealth Monitoring to provide the latest technology and first class service to keep your assets safe from criminal activity. Contact Stealth Monitoring today at 214-341-0123 to learn more about how remote video monitoring can save money on security guard expenses and property damage.