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ACaaS and mobile access propelling each other to mainstream adoptionAugust 15, 2018Demand for ACaaS has grown rapidly over the past five years, and this growth is expected to continue. While there have been relatively few attempts to combine ACaaS solutions with mobile access, despite their apparent synergies, this type of integration will become more common over the next five years.
Electronic access control integration is the first stop on the road to smarter buildingsAugust 08, 2018Electronic access control systems are the leading type of security system being integrated into building management system (BMS) platforms. In fact, 29.6 percent of access control equipment shipments — including readers, door controllers and electronic locks — were installed and connected to a BMS platform in 2017.
Fire detection and suppression equipment market to reach $179 million globally in 2022June 26, 2018As data center construction continues to mount due to increasing demand from the Internet of Things (IoT), data center architecture is evolving. For example, data centers are becoming smaller, thanks to increased efficiencies within each data rack resulting in the cost of the building itself superseding the cost of the racks and internal components.
Voice-operated alarm systems expected to grow at a 7 percent CAGR through 2022June 12, 2018Home assistants developed by Amazon, Google and others are changing how consumers interact with connected home devices, including intruder alarms. More alarm systems now offer a voice-command option, allowing users to use Alexa and other smart assistants to arm and disarm their alarm systems.
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.
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.
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.
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.
Access to Apple’s NFC Chip Could Spur New Growth in Mobile Access Control CredentialsOctober 12, 2017Fewer than 1 million mobile credentials were downloaded by end users of mobile access solutions in 2016. However, this number is expected to increase rapidly during the next five years, reaching 44 million downloads by 2021.
Security Start-Up Numbers Soar – Have the Barriers to Entry Ever Been So Low?October 10, 2017Homeowners worldwide have more security options available to them now than ever before. If you needed to purchase a home alarm or video surveillance system ten years ago, typically you had two options: go to a professional solution provider or do it yourself. Since most all the equipment was wired and – for the most part – lacked interoperability, few were confident enough to go it alone.