Security

Solving Video Surveillance Supply Chain Issues in 2023

Three and a half years ago the world was only just coming to terms with the COVID-19 pandemic that was sweeping across almost every country. The global crisis shook the business world with industries facing unique challenges and opportunities. For the video surveillance sector, which had been growing steadily, the pandemic years have been turbulent to say the least, but as the crisis wanes a sense of optimism now prevails, according to our latest research. During the initial months of the pandemic, in early 2020, video surveillance demand declined sharply as physical business activity ground to a halt. Demand rebounded quickly, however, and by late 2020 restrictions had eased and new public health applications arose for camera technology. This sparked shortages for video surveillance components such as semiconductors, and while substitute parts did finally emerge, most OEMs faced lengthy delays. “As shortages dragged on through 2021 and into 2022, video surveillance manufacturers found themselves unable […]

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