Security

Major Trends in the Intruder Alarms & Perimeter Protection Business

our new world market report found that Intruder Alarm / Perimeter Protection (IAPP) products reached $6.43Bn in 2017 and will grow at a CAGR of approximately 3% to $7.5Bn in 2022. This is a mature market that has struggled for significant grow in the last decade and within the physical security business has lived under the shadow of Video Surveillance and Access Control products. Perimeter Protection has become a major part of the business, with Video Surveillance manufacturers targeting it as another vertical, so they build a business around specialist cameras connected to radar detector technology; Providing an integrated solution. This is causing an overlap and the danger of double counting when it comes to sizing the business. However for the installers and system integrators it’s a growth area for them to target, particularly in transport, defense and utility applications. IAPP is more dependent upon the fortunes of the construction and manufacturing industries than the […]

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Security

Customers Find Security in the Cloud During COVID

There has been a steady transition towards cloud-based as-a-service business models for smart building services over the past decade. This gradual shift began to challenge long-established business models, relationships, and channels of distribution and was met with some resistance from certain segments of the industry. These cloud-based as-a-service business models require that manufacturers and systems […]

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