According to a Security Sales & Integration article, a new Freedonia Group study is saying that security camera demand will skyrocket by 7.2% annually through 2021 to a total of $2.8 billion with dome cameras fueling the demand. The article continues, "In 2016, dome cameras accounted for the largest share (42%) of video surveillance camera demand."
It would seem that there are two main drivers fueling this growth: affordability and technology advances. Ultimately, more end users will take advantage of reduced prices around advanced features such as "IP-based thermal imaging cameras; enhanced HD analog cameras and recording equipment; and, video analytics technology used in conjunction with 360⁰ cameras that provide higher quality, dewarped images." The trend is said to extend to not just new end users, but also existing customers, who will look to upgrade systems. The report continues, "Through 2021, sales of all video surveillance products are projected to increase 5.6% annually to $4.9 billion."
RESOLUTE has seen this demand specifically within the housing management industry, delivering the highest quality, advanced HD cameras and industry leading analytics to help secure properties, protect investments and safeguard tenants, while also designing, deploying and maintaining networks proven by past performance. Recently, RESOLUTE Partners and smart video hardware and software company Avigilon inked a partnership agreement to bring smart video security hardware and monitoring services to the market. In that same period, RESOLUTE began working with Housing Management Resources (HMR) and Silver Street Development, two major players in the housing management and development industries, to bring advanced networks and smart video security to their properties up and down the east coast.