This week in our Fire & Security industry news round-up we cover the growth of the mass notification market, how to meet the changing physical security market, a new technology that identifies faces from heavily pixellated images and more…
We’d love to take our news round-up to the next level this year and provide something for the whole of the security and fire industry, as well as throwing some of our own insight and expert advice. Do let us know your comments on the news round-ups and anything you’d like to read in the coming weeks.
Growth of the Mass Notification Market driven by catastrophic events
According to IHS Markit, mass-notification system (MNS) software used in emergency communication, the primary segment used during a catastrophic event, is expected to hit $293.1 million by 2021 in Americas (growing at CAGR of 6.8% from 2017 to 2021) and in EMEA is expected to grow at a CAGR of 11.4% from 2017 to 2021, reaching $41.6 million in 2021. In the Americas, hurricanes, tornadoes & earthquakes are occurring more frequently, so unimpeded mass communication during these events is critical. In EMEA the growth is driven by heightened terrorist activity, and US-based multinational companies moving to Western Europe.
(Security World Market, 01/03/2018)
How to meet the changing Physical Security landscape
Despite the fact that the growth of the world’s physical security business has slowed down in the last 2 years it is still in good shape and now prepared for stronger growth over the next 5 years. Distribution of the business will continue to shift towards fast-growing Asia and China. Very few western manufacturers of video surveillance equipment have the possibility to fight the Chinese competition by reducing prices and compensating through volume growth. Specialization in a number of vertical markets where “Price is not King” could be a practical strategy to more than survive.
Fire Protection Systems Market is growing
Researchers from Marketsandmarkets predict that Aircraft Fire Protection Systems Market will grow from an estimated $911.6 million in 2017 to $1,157.7 Million by 2022, at a CAGR of 4.90% between 2017 and 2022. Increasing demand for aircraft, modernisation of the existing aircraft, and the replacement of old aircraft with new aircraft which are more fuel efficient and lighter in weight are the few major factors driving the aircraft fire protection systems market. Among regions, Asia Pacific is projected to grow at the highest CAGR during the forecast period.
(Security World Market, 28/02/2018)
Identifying faces from heavily pixellated images
Computer scientists from Google Brain, the central Google AI team, have shown it’s not only possible to enhance a picture’s resolution, they can fill in missing details in the process. Three researchers from the Silicon Valley firm trained their system on small 8×8 pixel images of celebrity faces and photos of bedrooms. The process sees a blurry, almost unrecognisable, picture turned into something that clearly represents a human or a room. In the future, with further development, similar systems could be developed to add detail to pictures and video that are low resolution. One current category that lends itself to this is blurry CCTV images.
Unlock the intelligence in Security Systems to improve your business
Rather than implementing a new information gathering system, many are looking to mine the data already being collected by their physical security systems. But it’s not enough to simply access this data, you need to make sense of it, and that’s where video analytics comes in. When you are able to correlate and extract information, you can gain all manner of insight into your business and environment. video analytics has evolved considerably in terms of analyzing data with new algorithms that are able to extract information from video streams. In addition, with advancements in hardware, we can now leverage more computing power to extract very reliable data from our video streams.
(Security Magazine, 27/02/2018)
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.
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.