Page 73 - SAMENA Trends - October 2021

ARTICLE SAMENA TRENDS

ARTICLE

5G - Ushering in a New Era of Intelligent Video Surveillance

While the Covid-19 pandemic has presented
myriad challenges for one & all, it has also
brought with it immense opportunities that
were never apprehended earlier. One such
aspect is the issue of safety and hygiene,
which is set to witness a huge fillip with the
intervention of 5G. Ram Ramachandran,
Senior Vice President and Head, Middle East &

Africa at Tech Mahindra, presents you with the
changing times that video surveillance is set
to witness in the near future.

The 5th generation of wireless connectivity, aka 5G, is not just a mere
advancement over 4G mobile technology. With speed 100x that of 4G
networks, 5G cellular network has the ability to connect all intelligent
man and machines. Ubiquitous wireless connectivity of the fifth
generation of the network brings more than just speed to the table
– ultra-reliable low latency, multi-access edge computing, network
slicing, and more. Promising high performance and efficiencies,
5G is set to break new ground, transform the user experience, and
enable innovative business solutions. Safety and security are of the
top concerns globally, for both public and enterprises. 5G will add
tremendous value to camera-based analytical solutions.
Ram Ramachandran
The global video surveillance market was valued at $42.94 Bn in 2019 SVP & Head, Middle East & Africa
and is projected to reach $144.85 Bn in 2027. Global video analytics is Tech Mahindra
expected to grow at a Compound Annual Growth Rate (CAGR) of over
18% during 2020-2025.

According to industry research, the GCC security and surveillance mar-
ket is expected to grow at a CAGR of 6.2% during 2019-25. Government
initiatives, such as Qatar National Vision 2030, Saudi Vision 2030 and
Dubai Vision 2021, are slated to boost the growth of non-oil economy
of many countries in the GCC region during the forecast period. Such
enhanced social infrastructural developments in these countries
would create more opportunities for the implementation of security
and surveillance systems. It further states that the government and
transportation vertical held the majority of the revenue share in the
GCC security and surveillance market over the past years and this
will continue during the forecast period due to wide usage of these
systems in the defence sector as well as across government offices
and buildings.

73 OCTOBER 2021