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IBCon to Showcase the Age of Acceleration for Smart Building ProjectsMay 21, 2018IBCon is a leading forum on the next generation of intelligent, connected, and open architected buildings. This year’s theme for the conference identifies 2018 as the beginning of a new “Age of Acceleration,” marked by innovative IoT-enabled products and the use of artificial intelligence in building management system (BMS) platforms. These advances, in turn, will pave the way for dramatic changes in the operational capabilities of energy and security systems in commercial buildings.
Turbulence hits the $12.5 billion alarm monitoring marketMay 07, 2018Despite the increased pressure from do-it-yourself (DIY) systems, the professional alarm-monitoring market is expected to thrive over the next five years, as connected systems supersede traditional alarm-monitoring systems. Traditional alarm monitoring in the Americas region is expected to continue to expand in 2018, but it will start to decline in 2019, as more systems are converted into web-connected offerings.
Amazon is mobilizing against the security industryApril 27, 2018Amazon has been offering security packages to select cities and states in the United States since around December 2017, albeit somewhat under the radar. The company’s security offerings include a smart package, smartest package, indoor base, outdoor base and outdoor plus. Prices for the packages vary from $240 to $840.
More than 900,000 smart speakers to be used in healthcare facilities by 2021April 26, 2018Over the next five years, a majority of smart speakers will be sold to residential end-users, and penetration rates of smart speakers in commercial buildings are not anticipated to match rates in homes. However, building owners in healthcare, which represent the fastest-growing market vertical for smart building projects, are expected to be forerunners in adopting smart speakers in commercial applications.
ISC West 2018 – Smart homeApril 17, 2018This year’s conference did not disappoint. The floor was very busy the first two days and the connected home section seemed to be much larger than in 2017.Subscribers Only
Access Control as a Service (ACaaS) invigorates traditional security providersApril 16, 2018Access control as a service market revenues are forecast to grow at nearly triple the rate of the traditional access control equipment market over the next five years. The global ACaaS market will grow at a compound average growth rate (CAGR) of 16.5% between 2017 and 2022. The traditional equipment market is forecast to grow with a CAGR of 6.2% over the same timeframe.
The world market for city surveillance equipment exceeded $3 billion in 2017March 28, 2018The world market for security equipment in city surveillance has registered robust growth in the past few years, surpassing $3 billion in 2017.
MONI rebrands to BRINKSMarch 12, 2018Even though the purchasing of intruder alarm systems and smart security systems is increasingly a lifestyle-related choice, rather than based purely on the security and safety needs of the end user, the majority of customers purchasing intruder alarms are usually approached by a security provider or dealer when they move to a new area or through direct home advertising. This requires significant investment in targeted marketing activities which can quickly eat into company profits.
Do it yourself (DIY) installed alarms and “pay as you go” professional monitoring solutionsFebruary 27, 2018The year of 2017 saw new players from the technology space increase their share of the intrusion market with DIY offerings, as well as a greater number of traditional intruder alarm providers adding DIY solutions to their portfolios.
Advanced Analytics in Building Automation Systems and Smart BuildingsFebruary 26, 2018In 2017, global building automation equipment revenue totaled $5.4 billion, growing 3.8 percent from the previous year. This figure includes the sales of sensors, controllers, actuators, and gateways that are utilized in building automation systems that monitor and regulate the climate in commercial buildings.
Outlook for the Garage Door Operators Market in North America is ImprovingFebruary 26, 2018North American revenue for garage door operators is projected to increase at a CAGR of 3.9% percent from 2016 to 2021. Despite an under-performing year in 2018 with growth at 2.1%, this market will increase by $137.5 million from 2016-2021.
School security systems industry - US market overviewFebruary 26, 2018The education sector of the market for security equipment and services reached $2.7 billion in revenue in 2017. As most schools have already implemented surveillance systems and access control systems, the market is expected to grow an average of just 1 percent annually, reaching $2.8 billion by 2021.
The Rise of the IT Department and Integration with Identity ManagementFebruary 26, 2018Convergence has been a continual trend in the security industry for over a decade. It began with simple integrations of similar types of security equipment, such as adding video cameras to an intrusion system or break-glass detectors to an access control system. The level of integration, however, has quickly evolved: now physical security is being integrated with systems designed with functionality outside of security applications.
How catastrophic events are changing the mass-notification system marketFebruary 09, 2018Mass-notification system (MNS) software used in emergency communication, the primary segment used during a catastrophic event, is expected to grow in the Americas at a compound annual growth rate (CAGR) of 6.8 percent from 2017 to 2021, reaching $293.1 million in 2021.
Adoption of outdoor sensors in the residential sector is on the rise in EMEAFebruary 08, 2018In Europe, Middle East and Africa (EMEA), outdoor sensors have traditionally been installed in commercial installations. They provide an added level of security, in addition to closed-circuit television systems and indoor intruder-detection systems.
Building Automation - VisualsFebruary 02, 2018Over the past decade, the market for building automation equipment has slowly but steadily grown, led by an increase in retrofit projects in North America and Western Europe, as well as new construction in emerging countries like China and India. However, the maturation of the building automation equipment market has led to new innovations from potential disruptors.
The future of building automation analytics: The cloud, the edge, or both?December 18, 2017Building automation software suppliers will increasingly rely upon cloud and edge system architectures as a focal point of system analytics, to facilitate more complex computations and offer customers superior data accessibility and security
Smaller building installations driving slow but steady growth in the building automation equipment marketNovember 29, 2017In 2017, global building automation equipment revenue totaled $5.4 billion, growing 3.8 percent from the previous year. More than 35 percent of revenue was invested in equipment for systems in small and mid-sized buildings under 200,000 square feet.
China accounts for nearly 1/3 of all physical security equipment sold in 2016November 01, 2017The recently published IHS Markit Physical Security Equipment & Services Report estimates that the global market for physical security equipment totaled US$29.2 billion in 2016. This represents a $1.6 billion (5.8 percent) increase from 2015. Highlights • Globally, the physical security equipment market was valued at US$29.2 billion in 2016, growing 5.8 percent from the prior year • China was the largest market for physical security gear in 2016, accounting for 29 percent of global revenue • The worldwide physical security equipment market is forecast to reach US$41.7 billion annually by 2021
DIY security systems and the future of the professional installerOctober 30, 2017In 2016, the global market for DIY security equipment reached $60 million, with the great majority of gear — 85 percent — sold in the Americas. The American market for DIY intruder alarms is forecast to grow at a CAGR of more than 20 percent over the next five years.