In spite of some major drawbacks, the market for video surveillance grew significantly from 2020 to 2021, and observers expect more of the same in 2022 and beyond.
Supply chain issues, hiring challenges and ongoing COVID-19 concerns may have shaped 2021, but none of these were able to put a damper on the steady growth of demand for video surveillance products and services.
In the annual SDM 2022 Industry Forecast, manufacturers, dealers and integrators rated sales of on-premise and cloud-based video surveillance systems a 3.8 out of 5 (5 being excellent), up from 3.6 last year. Video surveillance once again topped the short list for rewarding market segments in 2021, followed closely by access control and intrusion alarms.