Smart City is no longer a pipe-dream thing, it is now a possible reality. Today, it has become an increasingly prevalent concept across metropolises around the world. A smart city is just about the use of cutting-edge technologies such as the Internet of Things (IoT), renewable energy, smart sensors, and more. As more cities are faced with challenges from traffic congestion to crimes due to rapid urbanization, the city municipality is turning to smart technologies to overcome these challenges. In this way, video analytics comes as a hand in hand solution.
Video Analytics is generally aimed at providing enhanced security as well as operational efficiency, which are key objectives for municipal administrators as they look to provide a more secure and liveable environment for inhabitants.
Safer and Smarter Cities
Video analytics can play a major role in providing security, including finding out abnormal behavior shown by individuals and alerting authorities instantly. It can also assist in performing a smart search from a huge amount of video footage. This kind of new sensor technology, which is a key component to IoT, is starting to transform the ways cities function.
Video Analytics can also be a significant component when it comes to getting in-depth insights into the daily traffic. And these insights then can be used in curbing congestions by routing the information to the traffic management console.
Making use of video analytics provides law enforcement, alongside public and private security agencies, the ability to accomplish a radically faster time to target by enabling rapid review and search of massive videos that would possible outcomes. Video analytics applications can run on the central server, a server at the central monitoring station; and at the edge built into cameras. Considering industry reports, the global market of video analytics is anticipated to reach from US$2,610 million in 2017 to US$11,170 million by 2022, at a growing CAGR of 33.7 percent.
While the applications of video analytics or smart sensors will become more prevalent for the cities’ infrastructure, it will also pave the way into private businesses. Nowadays, citizens are likely to feel the change in modern retail spaces where companies are actively seeking to offer astonishing experiences and technology here can make a big difference.
As per the reports, the adoption of video analytics solutions is increasingly growing as it ensures security and reduces the burden in terms of costs by enabling reliance on the workforce. These solutions also require minimum investments for the integration into the existing surveillance infrastructure and thus giving a considerable return on investments.
So, while video analytics analyze traffic patterns, spot underutilized infrastructure, and create a virtuous circle by gleaning and assessing citizen data, residents and communities will be able to perform with planned and optimized lives with utilities and shared or public services composed for sustainability and wellbeing. This will also help streamline everyday city activity that makes smart cities the future of thing and smart video applications are making this possible.
