ABI Research forecasts a CAGR of 11.6 % with 1.4 billion Closed-Circuit Television (CCTV) surveillance cameras in urban areas worldwide in 2030
Global technology intelligence firm ABI Research recently released a report in which it forecasts a CAGR of 11.6 % with 1.4 billion Closed-Circuit Television (CCTV) surveillance cameras in urban areas worldwide in 2030. Urban surveillance and public safety technologies are finding new use cases following the covid-19 pandemic and increasing AI capabilities. Covid-19 has spurred the use of technologies, such as crowd monitoring, which are here to stay. Other developments in urban surveillance from live video feeds to bodycams, will be assisted by the introduction of 5G.
Cities currently have access to vast amounts of data from traffic cameras, police body cams, private CCTV, and many other sources that it can be difficult for them to get the value from this data. “We are seeing an increase in the real-time benefits from surveillance with the help of AI and its ability to, for example, highlight suspicious behavior, monitor crowd numbers, and identify unattended luggage,” Vest says. Companies such as Quantela and Milestone Software have developed video management services that help enable city officials monitor their data more efficiently. Other uses for urban surveillance advances are emerging from dashcams and bodycams. ADAS and autonomous vehicle vision technology developer Mobileye recently partnered with Ordnance Survey in the UK to assist with mapping assets. The data gathered can be used by utility companies and authorities to map underground and surface assets for maintenance and public safety.
Smart cities rely on their ability to gather video and other data which can be incredibly powerful for public safety and other essential applications. “Urban surveillance has been a key part of public safety technology for decades. Although it is not without its controversies, it remains a popular and growing sector,” Vest concludes.
These findings are from ABI Research’s Urban Surveillance Technologies and Public Safety Strategies analysis report. This report is part of the company’s Smart Cities and Smart Spaces research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.