The Impact of Upcoming Technology Trends on the Security Sector

The technology industry has undergone an exceptional rate of change in the past year, and it is apparent that technological innovations are presenting substantial opportunities as well as increasingly complex challenges. The security sector is not exempt from these changes, and keeping up with these advancements requires focus, energy, and diligence from vendors, customers, and regulators.

In 2024, several technological trends are expected to have a significant impact on the security sector. These trends represent a combination of positive opportunities and challenges that need to be addressed. Let us examine five key trends that will shape the security landscape in the coming year.

Firstly, the potential for generative AI in the security sector presents an opportunity for advancements in network cameras and large language models (LLMs) with the potential for generative AI to create new content based on natural language prompts and assist operators and customer support.

Secondly, hybrid solution architectures utilizing on-premise, cloud, and edge technologies are becoming the new standard in many security solutions, allowing for increased flexibility and efficiency in managing and supporting systems.

Additionally, the distinction between security and safety as separate use cases, with video surveillance and analytics playing a crucial role in safety-related scenarios, is increasingly being recognized due to factors like climate change and compliance with health and safety directives.

Furthermore, compliance with global regulations and transparency in the value chain are becoming increasingly important in driving technology development and application in areas such as AI, cybersecurity, sustainability, and corporate governance.

Finally, the comprehensive monitoring, measuring, and reporting on various factors related to a security system will be under increased scrutiny in 2024, emphasizing the need for a total system perspective to account for factors such as energy consumption, supply chain visibility, and total ownership impact.

It is evident that 2024 will bring further advancements in technology, accompanied by new challenges. Collaboration between partners and customers will be crucial in navigating these challenges and ensuring positive outcomes for all stakeholders.