Smile, everyone! There are an estimated six million video surveillance cameras in the U.S. and four million in the U.K. According to the Lehman Brothers Security Annual 2006, video surveillance is one of the largest and fastest-growing segments in the security industry, with a market size of six to seven billion dollars and annual growth rates of ten to 20 percent.
What is driving this growth and what challenges and opportunities does it create for chief security officers at myriad enterprises?
A panel of representatives from leading video companies gave their perspective on these questions at the Securing New Ground conference in New York City late last year. Participants were Craig Chambers, president and CEO, Cernium Corp.; John Humphrey, vice president of Video Infrastructure Solutions, Verint Systems; Scott Schafer, senior vice president of Marketing and North America Sales, Pelco; and Andrew Teich, president, Commercial Visions Systems, FLIR Systems.