This week in our Fire & Security industry news round-up we cover a growth of Access Control market, trends in Mass Notification Software market, a first ever specification for video fire detection and more…
Access Control market’s growth
MarketsandMarkets™ has recently published a report predicting the Access Control Market to be worth $10.03 Billion by 2023, growing at a CAGR of 6.48% between 2017 and 2023. The market for card-based readers is expected to grow at the highest CAGR during the forecast period. The overall access control market is driven by factors such as technological advancements and deployment of wireless technology in security systems, and the adoption of access control as a service (ACaaS) and mobile access control.
(PR Newswire, 08/08/2017)
Security and enterprise Wifi market
IHS Markit took an in-depth look at the access networks of medium-to-large companies and their plans for delivering wireless connectivity in the workplace to new types of devices. The survey shows that investments in WLANs continue unabated, driven by growth in users, as a shift toward mobile devices and wireless access, adoption of IoT and the need for greater security and network performance. Security in particular is the number one network change by a wide margin, and the top reason to invest in new infrastructure as companies must fend off a constant barrage of cyber attacks.
(Security Focus, 10/08/2017)
Trends in American Mass Notification Software Market
Mass Notification Systems (MNS) allow communication with large groups that may be impacted by a situation such as an emergency (fire, shooting, security breach) or a critical event such as a natural disaster. Increased awareness about MNS after the 9/11 terrorist attacks and an increase in the occurrence of campus shootings are the major factors driving growth of the market in North America. Private equity and venture capital firms have recognized this sector as an important market and have invested through acquisitions, growth capital and seed funding. While the sector is still very fragmented, consolidation is starting to take effect.
First ever specification for video fire detection
Early detection of fire and smoke are essential to save lives, property and the environment. Modern technology such as video fire detectors, especially in some high-risk places like tunnels, oil and gas environments, public buildings or storage areas, enable a fast response to a potential fire. Until now, there has been no comprehensive international specification for video fire detectors and now, with the new ISO/TS 7240-29, ISO provides the first platform for international acceptance of a uniform specification that will help ensure more efficient and reliable equipment.
(Security World Market, 11/08/2017)
Deep-learning analytics within security industry
We are recently observing an increase in research and development in deep-learning neural networks, proving their capabilities, generating considerable excitement and putting them within reach of a much wider user group. According to IHS Markit, deep learning appears to be able to offer a level of accuracy and reliability in object and behaviour classification that not only enables video analytics finally to deliver on some of the lofty – but as yet unrealised – claims made in the past, but pushes capabilities far beyond them.
(Security World Market, 09/08/2017)
BSIA & SIA forge closer American trade links
The British Security Industry Association and its American equivalent, the Security Industry Association (SIA), have jointly signed a memorandum of understanding to establish the foundations of a long-term working relationship in anticipation of closer trade links between the two countries following Brexit and the election of President Trump. Signed by the Chief Executives of both Associations at London’s historic Benjamin Franklin House as part of the SIA’s visit to London last month, the MOU formalises both parties’ agreement to ‘work collaboratively in the interests of the UK security industry and the US security industry, where to do so would have a measurable beneficial effect on both nations’ security industries’.
(Security News Desk, 09/08/2017)
Our weekly fire and security news round-up regularly feature 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.
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