When it comes to human operators, there are chances of missed crucial security clues, subject to fatigue, leading to terrible outcomes for an organization. The advantage of AI for surveillance and the security ecosystem is that machines can always be trusted to be accurate, making up for human deficiencies. AI for surveillance and security ecosystem ensures that no detail, no information, and certainly no threat go undetected, which guarantees an organization’s security.
Market Outlook
With having made strong waves across industries, including automotive, healthcare, entertainment, finance, manufacturing, and more, AI is now playing a pivotal role in real-time surveillance. This means that AI-driven cameras don’t just keep an eye on public activities but also indulge in smart analysis.
As per the reports published by Markets and Markets, the global Artificial Intelligence market is bound to rise at a CAGR of 39.7% from USD 58.3 billion in 2021 to USD 309.6 billion by 2026. The growth in the adoption of AI solutions and services could be attributed to factors like the growth of data-based AI and advancement in deep learning, and the need to obtain robotic autonomy to have the edge over competitors.
Understanding the AI Surveillance market in the wake of Covid-19 pandemic:
The emergence of the Covid-19 pandemic has witnessed various companies adopting new applications and technological developments, especially focused on Artificial Intelligence.
This is because the companies had to experience a significant increase in pressure from customers, while their number of available employees decreased during the pandemic. In the customer service arena as well, almost all industries suffered as they could not cope with market demand because of lockdown restrictions. This scenario further led to long delays in customer service queries, summing up to affected customer experience. Such events collectively gave rise to the demand for Conversational AI. Similarly, Artificial Intelligence took over the lead in different sectors and across various chores, thereby also safeguarding the interests of both the business and the individuals.
A Sneak-Peek into the AI Surveillance:
When we talk about AI Surveillance, we mean to describe the process of Machine Learning and Deep Learning-based algorithms that could be employed to analyze images, videos, and data recorded from CCTV Cameras. AI-based monitoring usually follows a rule-based form, wherein the software engineers are supposed to feed the system with pre-designed rules that must be true in an ideal situation.
Being a self-learning system, AI Surveillance also employs behavioral analytics that further does the work of auto-detecting and classifying data related to the target environment. In this plot, when guided machine-based vision identifies the scantiest variation from regular pursuit, the officials are reported promptly.
Additionally, facial recognition has also emerged to assist the AI surveillance for further leveraging both still images and video footage to confirm a person’s identity. This system is yet accompanied by database matching, expression analysis through crowd scanning, and comparisons with other similar trends.
Establishing safety in the Post-Pandemic World with AI Surveillance:
Post Covid-19, countries worldwide have taken to AI-driven Surveillance to ensure the Covid norms are followed and safety maintained all over. To study a few cases, it could be known that the European government championed the use of smart surveillance technologies to help contain the virus by contact tracing applications. Another instance of this could be when France harnessed AI surveillance power by employing AI monitors in the Paris Metro system to ensure that passengers are wearing face masks.
AI surveillance has helped countries across the world stay a step ahead of the invisible virus in times of the pandemic. Still, AI-powered surveillance is playing its role in keeping the world a safer place by providing value in crowd-prone areas like offices, malls, public places, etc.
Wrapping Up:
Despite what you perceive about AI surveillance and tracking, this technology is here to deal with for a long time. Whether it’s in health care or policing, the benefits far outweigh its potential shortcomings when used correctly. Get to know more from our experts.
