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White paper - The impact of COVID-19 on physical security marketsMay 07, 2020The economic consequences of the coronavirus pandemic will undoubtedly hit the professional video surveillance, intruder alarm and electronic access control markets hard. Despite the gloomy overall outlook for the global market, there are a small number of new opportunities for vendors in regards to specific verticals and technological trends.
The impact of the coronavirus outbreak on security and life safety marketsFebruary 21, 2020Initial analysis on the potential scale of impact for the Access Control, Fire Detection and Suppression Equipment, and Intruder Alarm markets.
Access control software gains stature but has yet to realize full potentialSeptember 30, 2019In the world of electronic access control systems, hardware has traditionally reigned supreme, the principal actor in granting or denying entry and passage into homes, buildings, and other physical spaces where access is sought. In this old paradigm, software typically played a secondary role, installed directly onto local control panels with its functionality limited to basic incident-reporting for security managers.
Mobile credentials are finally becoming mainstream, but they won't replace their physical counterpartsSeptember 09, 2019The global market for mobile credentials experienced nearly 150% growth between 2017 and 2018. Over four million new mobile credentials were downloaded in 2018. Mobile credentials are the fastest growing product type in access control systems. In spite of this dynamic growth, mobile credentials will not replace the continued use of physical cards to enter a majority of facilities worldwide in the next decade.
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.
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.
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.
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
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.
Is a New Threat Emerging for Access Control Brands?July 17, 2017According to new research from IHS Markit, global PIAM market revenues, excluding Asia Pacific and Africa, amounted to just $136 million in 2016. However, this is forecast to grow rapidly to nearly $500 million by 2021.
The Adoption of Biometrics in Electronic Access Control Systems – What is the hold up?April 11, 2017Ever since the first fingerprint readers came to market more than a decade ago, access control industry stakeholders have eagerly anticipated the prospect of finally eliminating cards from their systems.
Electronic Access Control – IHS Markit Predictions for 2017January 24, 2017Globally in 2017, the access control market will increase by 6.8 percent and exceed $4.2 billion. Access control will continue to play a larger role in enterprise through deeper integrations with video surveillance, business processes and IoT. Mobile credentials and biometrics will be two of the top hardware trends to watch along with logical/physical integrations and remote services such as access-control-as-a-service (ACaaS).
Access control hardware installed base expected to reach 2.3 billion units in 2016August 12, 2016The total installed base of access control readers, panels, credentials and electronic locks is expected to reach 2.3 billion by 2016, up from 1.8 billion in 2012. About 95 percent of the installed base in 2016 was credentials, which is not surprising due to the requirement that each user have a card or pass.
How Brexit Affects the Security IndustryJuly 21, 2016Should the United Kingdom follow through with its plans to leave the European Union (EU), there could be a number of consequences that filter through to security industry stakeholders.
IP Becoming Entrenched in Access Control and Intruder AlarmsJuly 12, 2016IP continues to have a dramatic impact on the security industry, bringing with it new products and opportunities to expand customer bases with offers of more efficient installations and hosted services... Full Content only available for subscribers.Subscribers Only
The Growth of IP-Enabled Access Control in Asia PacificJune 22, 2016The adoption of panels and other IP-based equipment in the Asia Pacific market has ramped up significantly in 2015, and growth is expected to accelerate from 2016 through 2020.
Mobile Credentials: Momentum is BuildingJune 14, 2016Late 2015 and early 2016 have proven to be a critical time period in the development of mobile credentials, as the projects involving this technology are now moving from the pilot stage to fully delivered systems.Subscribers Only
Poland and the Czech Republic Drive European Access Control GrowthJune 08, 2016Although the overall European market for electronic physical access control devices grew only by 5.5 percent in 2015, Eastern Europe has been a bright spot for the industry.