The first surveillance cameras were designed in the 1940s.
In light of this growth, its time to examine the real statistics behind the camera lens.
The future for the surveillance camera market is bright, though applications arent without controversy.
This article covers all of that and more.
Later, the US military used a similar CCTV system to observe the detonation of atomic bombs.
These systems, while advanced for their time, were unable to record what they viewed.
Marie van Brittan Brown’s patent drawing for her home security system, courtesy of USPTO
Recording systems werent developed until 1956, and they were prohibitively expensive, at $50,000.
Videocassettes, developed in 1969, made CCTV surveillance practical and affordable.
The gadget enabled the user to see, record, and speak to someone at the front door.
Marie van Brittan Brown’s patent drawing for her home security system, courtesy of USPTO
The surveillance sector has grown tremendously since its inception and is now a multi-billion-dollar industry.
The following collection of statistics dives deep into the surveillance market and examines its global growth.
The forecast also shows a sustained even split between wired and wireless cameras.
The Global Dashcam Market Growing Year-on-Year
Dashboard cameras became popular in the twenties.
Furthermore, recent developments such as thermal imaging and infrared fusion have created deeper interest in these cameras.
These technologies are especially useful for external perimeter protection.
Movement and behavior recognition alerts make them convenient monitoring systems for pets, children, and babysitters.
The incorporation of color imaging sensors helps to maintain visibility while also enabling sharp, clear images.
They are also lower-cost and easy to maintain.
However, larger areas will require multiple cameras.
This means that PTZ cameras offer better coverage for large areas, such as shopping centers and sports stadiums.
However, they need time to move into a new position before offering a live video feed.
The same report confirmed that over thirty percent of CCTV users operate 100% IP-enable systems.
The rate of technological advancement and big-name investment in tech are driving forces behind the sustained growth.
This speeds up analysis time and eliminates the need for data retrieval and third-party involvement.
Currently, 30% of connection-based cameras offer edge-based capabilities.
However, this is forecast to reach 70% by 2026.
People want to feel safe in their own homes, which is driving residential surveillance camera use.
The primary reason for businesses adopting stricter surveillance measures lies in their need to combat increasing shrink rates.
Shrink is the loss of inventory through theft, damages, and administrative errors.
According to the National Retail Federation, non-employee-related theft accounts for around 36% of shrink.
Around 68% of small retail businesses said their shrink rate increased following the COVID-19 lockdowns.
More recently, financial pressures have risen as global inflation hit many families hard.
This has caused 88% of small businesses to say that combatting shrink is a priority.
The average retail industry shrinkage is around 1.5%.
While cameras may not stop a determined thief, they can make thieves decide to look for easier targets.
Increased Security Camera Monitoring in Schools
Violence in schools is as undeniable as it is tragic.
During the same time, the victimization rate at schools fell from 51 to 30 cases out of 1,000.
The Majority of US Police Departments Use CCTV Surveillance
CCTV is marketed as a tool for keeping streets safer.
However, in smaller jurisdictions, the number drops to less than fifty percent.
Studies show that the number of complaints of abuse of authority decreases when officers wear body cameras.
Two-thirds of officers favor the use of body-worn cameras when interacting with the public.
However, they are not constantly recording.
Video surveillance cameras and video doorbells are the most popular options.
The same data report revealed that facial recognition is used by 30% of countries on trains and subways.
Of the 99 countries researched, only Belgium and Luxembourg had banned the use of facial recognition technology.
Many insurance companies offer reduced insurance premiums for homes with security systems.
Almost a third of homeowners and renters are offered discounted premiums by their insurance companies.
In the United Kingdom, homes in Durham saw their value increase by as much as 18,900.
The increase in house prices is strongly linked to localized crime rates.
Data showed that 128 assaults occurred within 500 feet of the installed surveillance cameras.
The same study found that the cameras were also not effective as a means of suspect identification.
Taken together, these two samples show that crime prevention and deterrence are complex and have no single solution.
Home Video Surveillance Catches Porch Pirates
Porch piracy resulted in stolen goods worth over $8 billion in 2023.
With a median value of $50, that equates to a lot of stolen packages.
Not taken into account is the fact that one in seven porch thefts are never reported to the police.
Yet, 65% of video doorbell camera owners were very satisfied with their product.
A video doorbell’s intended use is not only deterring theft.
Once facial recognition accuracy passes 50%, public opinion begins to sway.
Once the technology reaches 75% accuracy, the public’s trust far outweighs their distrust.
This trend continues as algorithms become increasingly accurate.
These reports suggest that AI surveillance accuracy is linked to the diversity of data used to train it.
The unreliability of AI surveillance is evident in cases such as Robert Williams’s 2020 wrongful arrest.
Americans Not in Favor of Government-Installed In-Home Surveillance
Elective personal home surveillance cameras are a rapidly growing commodity.
However, the public’s view of government-installed home surveillance is a different story.
Only 14% of Americans surveyed were in favor of in-home government surveillance cameras.
The meta-analysis did not see a reduction in violent crimes.
In city centers, 26% of the studies reported evidence of diffusion.
However, the majority of studies showed no statistically significant impact on crime rates.
The majority of studies in this setting (55%) showed no evidence of either effect.
The data on housing complexes was even less definitive.
The use of surveillance cameras, especially in the public sphere, raises important legal and ethical considerations.
A fractional majority reported being against such close levels of tracking.
However, within that, 51.9% of people placed the caveat that camera usage should be voluntary.
The study did not reveal how many of those people would actually give their consent to the surveillance.
It was feared that cameras operated with Chinese-manufactured chipsets provided a backdoor that could be exposed for malicious purposes.
It is not showing any signs of slowing down.
Surveillance cameras have been around for over sixty years, and they are not going to disappear.
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