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By 2018, worldwide revenue will reach a projected $23.6 billion The global market for video surveillance equipment was worth an estimated $15.0 billion by the end of 2014, up from $13.5 billion in 2013. By 2018, worldwide revenue will reach a projected $23.6 billion, as shown in the attached figure, equivalent to a five-year compound annual growth rate of 12 percent. “The year 2014 has been one of the most interesting—and disruptive—in recent memory for both...
Access control and alarm worlds are going digital and plugging into the network Open tech standards are integrating diverse security technology systems — and security people — into the corporate mainstream The digital technology revolution has begun to course through the public and private worlds of government and commerce, replacing old analogue technology. Chief among the many benefits of digital over analogue is the ability to integrate diverse technologies...
The recent terrorist acts in Paris defy any understanding or explanation. The events represent a level of mayhem that defies easy answers, emblematic of a global security threat that demands a unified, worldwide response way beyond what is achievable by any combination of technology gadgets. Simply put, the problem is not our industry’s to solve. It’s bigger than we are. Still, such events haunt the people in our market – dedicated as we are to protecting people, facilities and...
There have been a number of developments in the last year which have impacted the security industry in one way or another. As we begin a new year, we thought we'd ask our panellists to reflect back on 2014 and tell us what changes they think have made the largest impact in their areas of expertise within the security industry.
Video cameras are great tools for security at airports, but increasingly cameras are offering operational benefits, too. Anthony Incorvati, business development manager, critical infrastructure and transportation, Axis Communications, says cameras at airports today are often used for operations rather than (or in addition to) security. For example, cameras mounted at departure gates are not installed for security but rather for operations and maintenance, as a tool to help airlines...
Security technologies are used in a wide variety of locations and environments in the transportation vertical Transportation is among the more diverse markets within the security industry, consisting of multiple non-homogeneous segments and some varied sub-segments, too. Transportation means a lot of different things to a lot of different people. Typically, the transportation vertical includes any entities responsible for moving people and goods – that would encompass pu...
The growing market for legal marijuana (now available in some form in 24 states) has also generated a demand for security products and service to protect the industry from illegal activities. “For the most part, companies are looking for what we call the traditional surveillance systems whereby you have visible deterrence,” says Monty Henry, president of DPL-Surveillance-Equipment.com LLC in Ventura, Calif. Many companies are seeking more sophisticated systems t...
Security professionals and end users are eager to define video analytics In the era where “I” is king, video analytics have become a topic of excitement, confusion, and deliberation. All one needs to do is take a stroll through the latest security expo to recognise how popular the space is, and how difficult it is to find an adequate explanation of what they are and how they work. So what are video analytics? This is the question both end users and security profess...
The solutions offered today in the field of server virtualisation seem to be a natural fit for the evolution of security systems from analogue to IP The video surveillance industry has been transitioning from analogue to IP-based systems over the last several years, and it is clear that this trend will continue. In light of this, it is apparent that taking advantage of the advancements in the IT world for use in security system design is the next logical step. In this article,...
Dave Tyson has 30 years of experience in all facets of enterprise security The incoming president of ASIS has volunteered with industry groups for years. His goal: to help people get better at their jobs. With 30 years' experience in all facets of enterprise security, Dave Tyson, CPP, CISSP, looks forward to his 2015 term as President of ASIS International (ASIS). “I’ve spent a lot of years working to make a difference in the security industry,” Tyson says...
Global positioning systems (GPS) have a role to play to combat shoplifting, especially in the fight against the growing trend of large-scale organised retail crime (ORC). Todd Morris, founder and CEO of BrickHouse Security, recently explained to me how GPS fits into the fight against retail crime. A variety of GPS devices – from small “micro” sensors to plug-in devices for cars to wired devices – can all be tracked using the same cloud-based service, which manages the de...
Observers say improved analytic technology and better support technologies are making video analytics effective Video analytics and biometrics entered the security technology market some years ago accompanied by great expectations. Both generally disappointed security directors and end users. Manufacturers oversold video analytics as a tool that could monitor video for hours on end without losing concentration — something human security officers couldn’t do. Analy...
Often our selection of a network switch is based on price or major brand names, both of which can lead to problems Networking Basics for Security Professionals: How bandwidth requirements guide selection of network switchesIf a network switch looks like a network switch, is it a network switch that will work for IP video security applications? The surprise answer is “not necessarily.” There are major differences between the network switch performance require...
It has been interesting to read all the Review and Forecast articles we published over the last month. The holiday season was a perfect time to reflect on the previous year, and it is interesting to read about all the companies, their visions for 2015 and their accomplishments. It reminds me how lucky I am to be a part of an industry dedicated to protecting assets, people and facilities. The opportunity to report on a constantly changing business climate and a wealth of interesting technology is...
Dozens of suppliers, dealers, installers and industry organisations participated in our First Annual Security Market Review and Forecast 2014 was a great time to be in the security industry, and 2015 will be even better. This is the optimistic view shared among industry leaders contacted by SourceSecurity.com and asked to reflect on the market in 2014 and to look ahead to the New Year. Dozens of suppliers, dealers, installers and industry organisations participated in our...
The increased viability of surveillance video as data will be an opportunity for growth and development Pivot3 2014/2015 Review and Forecast: It was a solid year for the industry – not great, but not bad. The state of the economy and less U.S. government grant money for surveillance in the last year held the security industry back overall. There were two interesting trends as it relates to server/storage infrastructure for video surveillance. First, the pr...
Companies embracing new cloud-based technologies will be among the winners, those with legacy business models will struggle Vision Security Technologies 2014/2015 Review & ForecastThe year 2014 was somewhat flat due to a still recovering economy and building industry in our Southern region of the United States. We saw a greater expectation for higher quality video surveillance throughout the mid-market sector. Vision Security Technologies also saw an increase in campus...
Emerging trends include cyber security, mobile, physical access control and The Internet of Things Viscount 2014/2015 Review and Forecast: At the enterprise level, spending on physical security continues to be a challenge. Companies have to do more with less, become more strategic about security investments, focus on better situational intelligence, predictive analytics, better utilisation of IT resources and infrastructure, and shift from just integration strategies to more...
Success in the access control arena is enhanced if the business has a global presence Vanderbilt 2014/2015 Review and Forecast: In 2014, our industry continued to be quite dynamic. While there are several “conglomerates” in the industry, such as UTC and Honeywell, who have been consolidators, there are also other companies (like ours) that are focused solely on security. The industry moves in both directions—some companies consolidating and acquiring, while...
Over the past year Sony has expanded its product lineup to include a range of capabilities Sony 2014/2015 Review and Forecast: Many would agree that one of the most important trend in 2014 has been the emergence of 4K. We’ve already seen the first 4K security cameras hit the market, at a premium price. Sony is already a champion of 4K technology, which offers a resolution that is four times greater than Full HD (1080p), making for a sharp and detailed visual image. 4K w...
Time will tell regarding how fast public cloud applications will be fully adopted in the security space Sureview 2014/2015 Review and Forecast: The continued movement to “cloud” or “distributed” applications will further impact how security manufacturers and integrators market and position their solutions and offerings. To the traditional security organisation, this brings an entirely new go-to-market and pricing strategy as well as a completely diffe...
The SIA Security Market Index rose to 74.6 in November 2014, up from 72.3 in September SIA 2014/2014 Review and Forecast: The Security Industry Association (SIA) has begun to conduct a bimonthly survey of select SIA members to measure confidence in the security industry through the SIA Security Market Index. Using a scale of 1-100, the SIA Security Market Index reflected growing confidence among security industry business leaders throughout 2014 and into 2015. The SIA Securi...
The rise of IP based security systems has also opened up the market for new systems solutions from the IT market Viakoo 2014/2015 Review and Forecast: There continues to be a sizeable increase in activity across the professional security industry in the United States as the economy grows stronger. One of the strongest segments is commercial construction, which is an influential driver for the purchase and installation of security systems. Based on this trend, along with s...
A return to quality and service will transcend the overall desire for price in the marketplace in 2015 ACT 2014/2015 Review and Forecast: 2014 has proved to be a positive year that displayed an increase in activity. The perception of an expanding U.S. economy has provided the impetus for corporate America to release capital security projects that have been held in abeyance for an exceedingly long time. Also, large-scale capital expenditures have become available for the first...
Organisations are looking to emerging technologies to enhance security and communications Verint 2014/2015 Review and Forecast: The overall economy was solid in 2014, with large regions and industries continuing to grow and emerging markets revealing even greater opportunity. We are seeing emerging signs of strength in industries like Higher Education that are expanding their security horizons, or taking note of global events. Additionally, security organisations continue to...
There was significant growth in the video surveillance market in 2014 for Hikvision Hikvision 2014/2015 Review and Forecast: In 2014, we saw a great deal of economic growth in North America, and in correlation, significant growth in the video surveillance market. We’re observing a lot of greenfield projects as well as upgrades to existing security infrastructure across multiple vertical markets. Particularly we’ve seen a significant uptake in education, banking/fi...
Credential form factors include mobile devices that provide a better way to open doors HID Global 2014/2015 Review and Forecast: High-profile credit card breaches during 2014 raised the profile of low-security solutions while highlighting the need for more secure smart cards. There were no real surprises, as the industry steadily continued its large-scale transition to access control platforms based on open standards. This transition sets the stage for unprecedented innovatio...
How will the industry address the confusion about competing HD surveillance local-site transport solutions? HDcctv Alliance 2014/2015 Review and Forecast: 2014 was another good year: Video surveillance equipment unit sales continued to grow slightly above the 7 percent compound annual growth rate of recent years. Notably, 2014 was the first year that HD cameras that are as reliable, as convenient, and as affordable as sub-HD NTSC cameras became widely available. As a result,...
Over the next year end users will push to get more value out of their investments Frontier 2014/2015 Review and Forecast: One of the big trends we see playing out over the next year is a push to get more value out of the investments that end users make in their solutions. Certainly the solutions must meet the core needs of customers, but more focus is being applied towards how those solutions can improve processes, increase efficiency and provide better visibility of th...
Companies will resort to cooperation in a mutually beneficial and complementary way Dahua 2014/2015 Review and Forecast:The global economy is in recovery, and China’s domestic market keeps its strong momentum. Politically, the terrorist attacks and uncertain factors still exist; and with years of market cultivation, people’s safety awareness continues to grow. Important trends include the popularisation of HD, intelligence, integration and the increasing impac...
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