Q1 2022

10 APAC / Issue Q1 2022 , By all appearances, the security industry is in a stage of redefining itself. It is moving from mere security and safety protections to encompass a wider scope of activity that will expand safety while also bringing new levels of intelligence and sustainability to communities, companies and societies. Here, Hikvision would like to share some of our ideas and expectations about key trends that will likely affect the security industry in 2022 and perhaps even further into the future. 1. AI will be everywhere Nowadays, Artificial Intelligence is quite common in the security industry. More customers in the industry have recognized the value of AI, and have found new uses for AI applications in various scenarios. Along with ANPR, automated event alerts, and false alarm reduction, AI technologies are being used for wider applications, like personal protective equipment (PPE) detection, fall detection for the elderly, mine surface detection, and much more. Meanwhile, Entering 2022, the world continues to endure the pandemic. But the security industry has, no doubt, continued to shift, adapt, and develop in spite of things. Several trends have even accelerated. Beyond traditional “physical security,” a host of frontiers like AI, cloud computing, IoT, and cybersecurity are being rapidly pioneered by entities big and small in our industry. Top 8 Trends For The Security Industry In 2022 we also have seen more collaboration across the industry, with security manufacturers opening their hardware products to third-party AI applications, and launching open platforms for customers to create and train their own AI algorithms to meet customized needs. AI has been one of the fundamental technologies to reshape the security industry. Benefiting from the optimization of algorithms, as well as the improved computing performance and the decreased cost of chips due to the advancement of semiconductor technology in recent years, AI applications are gradually forming the basic functions and capabilities accepted by all sectors in the industry, and we predict an even stronger tendency to assert that “AI will be everywhere.” 2. AIoT will digitize and pervade industry verticals With more security cameras and other security devices being connected to the network, the security industry is becoming an important part of an IoT world, enriching its visual capabilities. It’s apparent that the boundaries of the security industry are blurring, going well beyond the physical security arena. Meanwhile the popularization of AI technology enables the connected devices to become intelligent “things” in the IoT world. The combination of AI and IoT, or as we call it, AIoT, is taking the security industry to a higher plain, automating the workflows and procedures of enterprises and aiding in the digital transformation of various industry verticals such as energy, logistics, manufacturing, retail, education, healthcare, etc. From our perspective, AIoT brings more possibilities to the industry with rapidly expanding applications for security devices and systems. Meanwhile, more perception capabilities like radar, Lidar, temperature measuring, humidity sensing, and gas leak detection are being added to security devices and systems to make them more powerful. These new devices shoulder a multiplicity of tasks that just a few years ago required several different devices, covering both security functions and other intelligent functions for an ever- advancing world. 3. Converged systems will break down data silos Workers throughout private enterprises and public service sectors alike would jump at the chance to get rid of obstructive “data silos.” Data and information scattered and isolated in disparate systems or groups creates barriers to information sharing and collaboration, preventing managers from getting a holistic view of their operations. Here, the convergence of various information systems has been proven to be an effective approach – hopefully enough to break down those silos. It’s clear – the trend in the security industry has been to make efforts to converge systems wherever possible, including video, access control, alarms, fire prevention, and emergency management, to name a few. Further, more non-security systems, like human resources, finance, inventory, and logistics systems are also converging onto unified management platforms to increase collaboration and to support management in better decision-making based on more comprehensive data and analytics.