Analysis on the Status Quo and Development Trend of Video Surveillance Management Service

With the increasing popularity of network connectivity and cloud services, equipment manufacturers and service providers have found new ways to protect end-users' assets and meet their evolving security and operational needs. A&S surveyed the current market conditions of video management services and discussed its usability issues, technical limitations, and business development opportunities in real life.

Market Status Even though video management services (MVaaS) are limited to certain markets and places of business in current applications, video assistance is being made possible with the increasing functionality and reliability, the popularity of broadband, and the connection of 3-G and 4-G. The acquisition of functions is easier than ever, prompting its development momentum to gradually increase. According to the IMS Research survey, video surveillance services and remote video surveillance in the world market in 2010 stabilized at approximately $694.24 million.

Usability Issues A prominent advantage of video management services is plug and play because it eliminates the need to configure port forwarding and static IP addresses on the network, which also means that edge devices such as cameras and D/NVRs can automatically connect to the video Service without customer configuration. Plug and Play Another important aspect that differs between video management service providers is the ability to run management or host video independent of the computer operating system, security configuration, or other system configuration.

Functional and multi-faceted application video management service products, "There is no guarantee, this is a big problem," Shepherd said. "Other problems include lack of sufficient bandwidth for network-based port video, no storage of video to mission-critical servers, and loss of video when any power interruption occurs."

Today, most commercial-grade video management service solutions use a combination of local and hosted storage, Lohse said. "They use SD cards or local NAS drives to supplement the cloud infrastructure, which allows them to alleviate bandwidth problems and provide redundancy in the event of a network failure. In addition, many video management service applications are constantly monitoring connectivity. And if a failure is detected, the user is alerted so it can be resolved immediately."

For companies: In the past few years, many companies have seen surveillance video with hidden business intelligence, which can be used as a strategic management tool to promote the improvement of efficiency; at the same time, it is clear that users can integrate video into key business data systems. Effective insights can be gained. This insight enables operators to better understand the daily actions of their business and enable users to make positive changes within the organization to improve productivity and financial performance.

For the private/residential sector: Nowadays most users enjoy the comfort brought by sensitive financial transactions through the Internet, and they also want to see similar security of remote security services. Edulbehram expects to only Use video management services. Lohse also agreed. "I believe that the application of video management services in the private/residential sector will eventually increase. The current limit is only cost and demand."

Technical limitations "Some vendors make their own encoders and cameras, so it is difficult to use other product lines such as access and intrusion detection," said Jim Shepherd, National Retail Account Manager at ProtectionOne. In addition, newer entry-level technologies in the market may not yet have access to all major video surveillance service companies and have not provided their software development kits to work with software and devices. Therefore, the right to choose may be limited.

Business potential alarm monitoring companies play an important role in video management services because surveillance videos hold incredible amounts of information and potential, promoting cross-departmental improvements including marketing, operations, human resources, and risk management. Benefit from related videos. These areas are still relatively underdeveloped, but there is tremendous potential to increase the services of existing products or develop new products,” Steinfort expects.

With the continuous expansion of 3-G and 4-G and coverage and increasing bandwidth, Mill also sees the potential of video management services in transportation, e-government, manufacturing, and medical applications. “The ultimate goal is to build public awareness of mobile monitoring and include this service as part of their mobile lifestyle.” “Overall, the global market is expected to be as much as $800 million,” concludes Mill.

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