Frost & Sullivan has developed a vision for the security industry for the next 10 years in its research report.
So far security has been considered by the building industry as an after thought. However, the IT integration offers vendors and service providers with opportunities for positioning security as the technology to head the smart homes and the smart buildings vision.
IT is the principal driver for the security industry’s growth. IT platforms enable vendors to integrate disparate systems like intrusion sensors, video surveillance, and access control seamlessly. Besides the integration of security technologies, the adoption of IT by the market for building management and control helps integrating the security with the building subsystems. This will empower facility/building managers to have total situational awareness as well as management capabilities.
The security industry is rapidly moving towards IT-enabled systems with an increasing deluge of available information experienced worldwide. Security, a critical smart building component, will continue to experience this credibility in the near future. Besides this, the use of new generation security solutions will increase due to increased national security, crime, and terrorism concerns.
Dilip Sarangan, Analyst at Frost & Sullivan, explained that the IT infrastructure forms the missing principal element of the puzzle in the convergence domain for the last few years. Sarangan revealed that the seamless integration of hardware and software products offers many opportunities for vendors and service providers, which was not available earlier.