This week in our Fire & Security industry news round-up we cover a growth in Proactive Security market, demand to improve cladding fire tests, rising crime numbers & more…
Proactive Security Market is growing
Marketsandmarkets’ latest research predicts, that the proactive security market size will grow from $20.66 billion in 2018 to $41.77 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. There is a strategic shift toward proactive security due to increasing sophistication in attacking techniques, rising need to manage stringent regulations and compliances, and increasing adoption of IoT, smart mobile devices, and bring-your-own-device (BYOD) trends are encouraging organisations to deploy proactive security solutions. The security analytics solution is expected to play a key role in the proactive security market.
(Security World Market, 19/07/2018)
New major collaboration will improve cladding fire tests
Grenfell has triggered a surge in demand for testing and certification services that the industry is struggling to meet. The Fire Protection Association (FPA) is collaborating with US-based safety science organisation UL LLC to boost UK capacity for testing and certification of facades and building envelope products. The two bodies plan to enhance and add to services as well as boost capacity. UL, which already has 500 people working across nine UK sites, will offer product testing and certification from within the facilities’ test lab. “We will ensure we play our part in rebuilding public confidence in a robust, reliable and real-life testing regime.”
(IFSEC Global, 18/07/2018)
New AI platforms making video surveillance solutions more intelligent
Video Surveillance systems generate vast amounts of useful data but sadly most it is not being utilized. So there is huge potential to maximize the value of this data by converting it from “dumb to actionable”. The material is already out there just waiting to be mined. In 2018, there is now a strong belief that video analytics is moving well beyond what can be achieved through conventional rule based systems. New AI platforms have the capacity and capability to deliver video surveillance solutions that are intelligent. This will further drive demand for AI Video Analytics not just for new projects but open up a vast latent potential for retrofitting millions of existing video surveillance installations.
Affordable and flexible video surveillance for struggling retailers
In the new age of internet shopping, the retail industry has been struggling to stay relevant. At the same time as rising internet shopping is the rise of ‘shrinkage’ caused mostly by shoplifting and employee theft. In 2014/2015, global shrinkage was 1.23% of total retail sales globally. Owners of small stores have certain constraints to their operations, needing to keep costs to a minimum. Security systems, though, can be instrumental in reducing shrinkage and good quality monitoring can now be achieved using lower cost surveillance equipment. New affordable and flexible cameras can cover a wide area. Using this, owners can see a lot of a store with just one camera.
(Security World Market, 20/07/2018)
Crime on the rise
Thefts are on the rise, according to the latest Office for National Statistics (ONS) crime figures. Vehicle-related thefts rose by 17% (to 924,000 offences); this is echoed by a 12pc increase in police recorded vehicle offences. The ONS also reports that the number of recorded robberies are disproportionately high in London, accounting for 42% of all recorded robberies. In comparison, London accounts for 17% of all recorded crimes in England and Wales. As for knife crime, the ONS says that offences involving a knife or a sharp instrument are at the highest level recorded, but are still relatively rare.
(Professional Security Magazine, 19/07/2018)
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.
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