This week in our Fire & Security industry news round-up we cover the growth of the biometric system market and the role this will have on certain sectors and the security jobs associated with them, the security & fire excellence awards celebrating the jobs and achievements of security and fire professionals across the country, smart technologies, and more.
Fire & Security industry news round-up for the week ending 25 November 2016
Biometric System Market impressive growth
The latest research published by MarketsandMarkets predicts the growth of Biometric System Market to grow from $10.74 Billion in 2015 to $32.73 Billion by 2022, at a CAGR of 16.79% between the forecast period. Biometric technology will play a huge role in financial institutes and healthcare sectors, government initiatives in adoption of biometric system and in criminal identification.
Security & Fire Excellence Awards 2016
For the 18th time, around 1000 of Fire & Security professionals gathered at London’s Hilton Hotel on Park Lane to recognise and honour the excellent achievements of their peers. This year ceremony took place on Wednesday 23 November and was once again hosted by the comedian Jimmy Carr. See the list of all the 2016 winners below. Congratulations!
Facial Recognition Market to reach $6.84 by 2021
Within the Biometrics Market, according to the report from Marketsandmarkets, facial recognition market will double its worth by 2021, growing from $3.35 Billion in 2016 to $6.84 Billion, at a CAGR of 15.3% between the forecast period. Growing surveillance market, increasing government deployment and increasing applications in numerous industry sectors are the main forces driving this market. North America is expected to contribute the largest market share by 2021 and APAC will continue to grow at the highest rate.
(Security World Hotel, 23/11/2016)
Safer Smart Cities
Post events like the ones in Paris, New York or Boston put a huge question mark on communications and mass notification solutions in big cities. Additionally, the expert say that by contrast with the other side of the Atlantic, the UK is still falling behind the curve in the field of mass notification: “I think we are a few years behind the US.” Cities around the world and in the UK are increasingly adopting ever smarter, joined-up, solutions to keep their citizens safe, in the face of terrorism and crime, as well as ensuring other key aspects of city life – like traffic – are moving in the right direction.
(Security News Desk, 23/11/2016)
The growth of Physical Security Information Management Market
As predicted by the Transparency Market Research, the physical security information management market will expand from $823.1 Million in 2015, will rise to $3,832.6 Million by 2024, growing at a remarkable 18.7% CAGR over the forecast period. Increasing development of smart city projects, especially across developing economies, and the rising demand for centralized control over the disparate security systems are the factors expected to have a lasting influence on market’s development.
Measuring the Benefits of a Smart Building Solution
Memoori prepared the audio stream from their 11th Free Webinar in the 2016 Smart Buildings Series, sponsored by Tridium. At this Q&A Webinar with Russell Cook, Marketing Manager at Levaux discusses how building operators can effectively measure the ROI of smart building solutions. It takes a comprehensive look at Smart Buildings, Internet of Things solutions and their impact on Commercial Office Space.
Our weekly fire and security news round-up regularly features supplier news, product launches, events, our own articles, and much more. Check back each week to catch up on the industry news affecting the fire & security sector collated by our team of fire & security recruiters.
Eligo Fire & Security are a leading Fire & Security recruitment agency specialising in jobs and recruitment across the sector. Companies we work with include major distributors, installers, manufacturers, integrators, consultants, and end users. Take a look at our company page to find out more.
If you have a news article you would like featured in our industry news or would like to work with Eligo Fire & Security to product content please do not hesitate to get in touch.