Hanwha's top five video surveillance trends for 2020

TEANECK, N.J.—Hanwha Techwin, a global supplier of IP and analog video surveillance solutions announced its top five key trend predictions for the security industry in 2020.

“Advancement in technologies such as AI, IoT and cloud will support new use cases in conjunction with existing devices and solutions to meet customers' needs in various verticals, expanding the horizon of our industry,” Soonhong Ahn, president and CEO, Hanwha Techwin said in the announcement. “However, we must also be mindful of the social and ethical responsibility related to areas such as cybersecurity and private data protection. Sustained interest and investment in these areas must be regarded as an obligation to make sure our industry continues to thrive in the midst of rapid technological advancements.”

Here's Hanwha's trend predictions:

AI end-to-end security solutions. As AI becomes broadly adopted across industries, it will likely be widely incorporated into video surveillance in the upcoming year. Edge-based AI, which filters and processes data locally on a camera, will be more universal, enabling end-to-end AI technology. Currently, many security cameras send the data they collect to servers to be analyzed; however, with edge-based AI, data is analyzed by the camera first and then sent to the server. This reduces the burden of transferring and storing large amounts of data onto a server; thereby increasing efficiency, saving time and reducing server costs typically required to analyze data.

Cybersecurity. With IoT devices becoming abundant and today's cyberattacks being more intelligent and advanced than ever, building cyber-resilient security systems is no longer an option, but imperative.

Smart cities, factories, financial institutions and retailers require scalable video surveillance solutions that are closely interconnected with other devices and networks.

Cloud-based data insight. According to IDC, a provider of information technology market intelligence, there will be about 175 zettabytes of data in the world by the year 2025, with much of it stored in the cloud or data centers around the world. At the same time, video surveillance solutions will go far beyond functioning as a simple monitoring tool to become an indispensable aid to organizations by providing useful insights that improve business operations.

The importance of accessible cloud-based servers that can easily store and analyze accumulated data will also increase. Going beyond an efficient storage repository, sophisticated analytics will use cloud processing to analyze stored data and provide useful insights.

Privacy protection. By its very nature, video data collected for security purposes almost always contains private information. Around the world, privacy protection laws are being introduced — General Data Protection Regulation (GDPR) in Europe; the Federal Informaiton Security Management Act (FISMA) in the U.S., and the California Consumer Privacy Act (CCPA), set to come into effect in January 2020. These laws will force the video surveillance industry to follow “privacy by design” best practices and renews their efforts to protect personal data from misuse and abuse. Organizations are increasingly aware of the dangers of private data breaches and therefore, are becoming more discerning when choosing security products and solutions.

Vertical specialized solutions. Vertical markets in the security industry are increasingly requiring more specialized devices and solutions to meet unique requirements. With the emergence of the fourth industrial revolution and 5G, the presence of smart verticals will be more prominent and video surveillance companies must be ready to provide solutions for smart cities, factories, transportation and retail organizations.