What are the Security Service Trends for 2024?

In an era where technology evolves at breakneck speed and global connectivity is the norm, the quest for safety and security has taken on new dimensions. As we step into 2024, the landscape of security services is undergoing profound transformations, shaped by emerging trends and pressing challenges. From protecting personal data online to ensuring physical safety against potential threats, the challenges we face are multifaceted and dynamic.

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What are the trends in the security service for 2024?

Atul Mahajan, Director, Miraz Securitas, the leading security guard company in Delhi, Gurgaon, NOIDA, Faridabad and the Northern Indian cities shares a few security service trends of 2024 in this article.

The power of Artificial Intelligence (AI)

AI and machine learning enhance modern security systems by autonomously detecting anomalies, sparing security personnel from constant live feed monitoring. These technologies analyze data, recognizing normal behaviour and issuing alerts for unusual events, such as unexpected crowds or unusual movements. This allows businesses to prioritize security teams’ attention on critical incidents.

For events, facial recognition technology combined with AI cameras can quickly spot potential threats and help manage crowds. This tech can also identify safety issues before they escalate. AI is also improving security cameras by making images clearer, even in low light, which helps in quick responses to situations.

AI revolutionizes security by enhancing machines’ perceptual abilities, integrating visible light, audio, X-ray, infrared, and radar. AI-ISP, such as Artificial Intelligence Image Signal Processing, exemplifies this, delivering superior video imaging with noise reduction. This ensures clear visuals, broad dynamic range, and sharp detail, improving efficiency in low-light scenarios.

Cybersecurity and Video Surveillance Systems

According to a global study conducted in 2023, the average cost of a data breach has surged to $4.45 million, emphasizing the critical need for cybersecurity in video surveillance systems. The extensive data collected by these systems makes them susceptible to cyber threats, including unauthorized access and manipulation of video feeds. Weak passwords, outdated firmware, and unpatched software vulnerabilities heighten these risks. To counter these challenges, both governmental and corporate entities are increasingly seeking solutions. Matrix IP Cameras have emerged as a robust choice, featuring advanced cyber-secure elements such as edge data encryption, secure HTTPS streaming, IP address filtering, signed firmware, and secure boot, rendering them highly resistant to hacking attempts.

Public Transport Systems to have improved video surveillance

In response to the escalating security concerns within public transportation systems, governments worldwide, including the Indian government, are adopting a proactive approach by prioritizing safety measures.  Indian Railway Ministry for instance, plans to install CCTV cameras in 15,000 coaches initially, aiming for 60,000 in total. Cameras will be strategically positioned to ensure comprehensive surveillance while respecting passengers’ privacy. Specialized IP cameras built for dynamic train environments further emphasize the commitment to safety. This approach utilizes advanced technology to address security concerns and improve commuters’ travel experience.

A Great Future for Video Management Software

The Video Management Software (VMS) market is experiencing robust growth, anticipating a Compound Annual Growth Rate (CAGR) of around 23.0% from 2018 to 2027, reaching an estimated market size of USD 16.0 billion by 2027. Modern VMS solutions, go beyond basic monitoring, incorporating features like Time Lapse and Day-highlights for efficient review of extensive recordings. Further advancements in artificial intelligence and deep learning are expected to elevate VMS capabilities, offering automated threat detection, behaviour analytics, and productivity tools across diverse industries.

Embracing sustainability

Innovative technologies play a crucial role in safeguarding the environment and enhancing our resilience to climate change. Businesses are adopting eco-friendly practices to minimize pollution and waste, incorporating improved packaging and transportation methods. Additionally, they are designing products with easily reusable components. For instance, the integration of environmental sensors into security systems enables quicker responses to natural disasters such as floods and wildfires.

In a nutshell, the security landscape in 2024 is marked by AI revolutionizing surveillance, strengthened cybersecurity measures, enhanced public transport safety, booming Video Management Software market, and a growing commitment to sustainability through innovative technologies.

Atul Mahajan
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