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July 22, 2024
Parks Associates research has uncovered low awareness about the standard from dispatchers and first responders, with several also indicating concerns about the implementation due to the fragmented nature of dispatch priority rankings and concerns around how much information will be required for verification.
AI is being used in the identification of humans, pets, or vehicles in video surveillance and to determine presence or absence in RF-based technologies and user interfaces. And consumers are taking note of value: Parks Associates research highlights that 70% of security system owners say it is appealing to use sensors in their home with AI to understand and confirm emergencies.
From the article, "The Smart Money: AVS-01 Gains Traction" by Daniel Holcomb
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Parks Associates estimates $13 billion in annual revenues for professional monitoring of residential security systems and video devices by 2025. Going forward, we project the strongest growth for prof...
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