Top surveillance and security devices in 2024

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Homeowners and business owners alike face the need to deter crime and maximize safety and security. To avoid unwanted robbery, invasion and revenue loss, consumers are investing in surveillance devices, security systems and smart locks.

Surveillance cameras - Digital security cameras, with their affordability, scalability and reliability have become crucial in both commercial businesses and smart homes. These devices detect and help prevent theft, fraud, shoplifting, vandalism and assaults. For retail establishments, video surveillance can also monitor customer transactions and employees. In addition, IP surveillance can provide real-time monitoring in designated areas, with video data and alerts sent owners' mobile devices remotely. PTZ cameras, wireless CCTV cameras, mini cameras and hidden cameras are among the best-selling surveillance devices in today's market.

According to PR Newswire, the global video surveillance market is expected to grow from US$ 43 billion in 2021 to US$ 69 billion by 2026 at an annual growth rate of 10 percent. The advancement of hardware capabilities, maturing technology, added features, customizability, improved software analytics and integration of AI in video monitoring are the main drivers. Moreover, the creation of smart cities and the use of thermal cameras in response to the COVID-19 pandemic are also contributing to the surveillance market growth.

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PTZ cameras offer flexibility and convenience thanks to their panning, tilting and zooming capabilities, which can be highly useful when covering a large area or automatically tracking a moving target. They are commonly mounted on a high and elevated position for maximum coverage of a designated place. With their advanced image sensors, security and surveillance support, these cameras are used as traffic cameras, facial recognition systems that identify individuals in a crowd and as remote surveillance systems in areas with critical infrastructure.

Mini cameras and hidden cameras are in the inconspicuous side of surveillance devices. They are generally placed in office buildings and homes for discretion. Even though they are their small and compact in sizes, these cameras can provide high quality images with several models having HD support. Other interesting features include night vision and SD microphone support. These devices have been known to capture harassment and theft in office settings and keep an eye on nannies in homes.

Wireless CCTV cameras, otherwise known as Close-Circuit Television systems, support the integration of multiple cameras into a singular system. This setup allows capturing footage from various angles and areas of homes or commercial areas and helps avoid blind spots. Video footage is quickly sent to the viewing station, wherein security guards ang managers can keep track of what is going on in the said premises. Data are stored in either video tapes or DVR systems.

Security systems - Access control systems and home automation systems play a vital security role in commercial areas and homes, respectively. The access control market is expected to grow from US$ 8.6 billion in 2021 to US$ 13.1 billion by 2026, with a CAGR of 8.7 percent. The COVID-19 pandemic has pushed for contactless biometric and smart card solutions in securing an area. Another driver is the increasing terrorist attacks. These circumstances can be avoided with the aid of access control solutions that make commercial, government and industrial areas safer. The home automation market holds a promising 11.5 percent annual growth as well from 2020 to 2026. Revenue is estimated by Globe News Wire to reach US$ 89.6 billion by 2026. The growth of IoT, rise of cloud-based storage solutions and increased consumer spending are the main drivers this growing market.

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Smart devices at entry points - Mechanical keys have become outdated and they present several flaws and limitations. People lose keys often and keys are difficult to manage given the number of doors a building or house may have. They also don't have an audit trail, which indicates who has entered and what time. As such, smart door locks and fingerprint door locks have become a great standard when securing a front door. Smart door locks allow entry via Bluetooth and Wi-Fi and can be easily controlled via their mobile app. Several models support voice commands and biometric recognition, plus send smartphone alerts in case of a break in or lock tampering.

On the other hand, fingerprint door locks, despite their name offer multiple unlocking methods via passwords, mobile app and key card support. It would be wise to source models made of aluminum alloy material since these are more reliable and durable. Thanks to the growing consumer awareness on the benefits and convenience of these locks, IoT and Machine Learning advancements, the market is estimated to have a 21.4 percent CAGR from 2021 to 2028. Valued at US$ 1.6 billion in 2021, revenue is estimated by Grand View Research to hit US$ 5.3 billion in 2028.

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Unlike their traditional counterparts, Wi-Fi-enabled smart doorbells notify homeowners when someone is at the door. Advanced models integrate a hi-res camera and even night vision support, which allow users remotely check who is at the entrance of their home. Security-wise, these doorbells can provide evidence for police in case of an invasion.

These highly in-demand surveillance and security products hold promising revenue in succeeding years. Now is the best time to start sourcing a plethora of these devices from verified suppliers here at Global Sources.