According to a Security Sales & Integration article, a 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.
Frequently Asked Questions
Dome cameras are leading the surge in video surveillance demand due to their affordability and technological advancements. In 2016, they accounted for 42% of the market share, as reported by the Freedonia Group. Their discreet design, wide-angle coverage, and enhanced features like IP-based thermal imaging and HD analog capabilities make them a preferred choice for various applications.
Recent innovations have enhanced dome cameras with features such as 360-degree coverage, dewarped high-definition imaging, and advanced video analytics. These improvements enable better monitoring and security, making them more appealing to both new and existing users looking to upgrade their systems.
The Freedonia Group projected that the security camera market would grow at an annual rate of 7.2% through 2021, reaching a total of $2.8 billion. Sales of all video surveillance products were expected to increase by 5.6% annually, totaling $4.9 billion.
Industries such as housing management are increasingly adopting dome cameras. For instance, Resolute Partners has collaborated with Housing Management Resources (HMR) and Silver Street Development to implement advanced HD cameras and analytics, enhancing property security and tenant safety.
Resolute Partners specializes in designing, deploying, and maintaining advanced video surveillance networks. Their partnership with Avigilon has enabled them to offer smart video security hardware and monitoring services, catering to the growing demand for dome cameras in various sectors.
Michael S. Blanco is the Chief Executive Officer and Co-Founder of Resolute Partners, LLC, where he leads strategic initiatives across various divisions. After owning family entertainment centers in New England, he co-founded Resolute Partners in 1996, launching the first Internet cafés for the U.S. Navy and partnering with AT&T for global deployment. A pioneer in wireless communications, Michael has expanded the company’s focus to include Energy Management/IoT, Cybersecurity, and Managed Video Security. He holds a degree from the Rochester Institute of Technology.
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