This week in our Fire & Security industry news round-up we cover the growth of video surveillance market, a new development in fingerprint identification, trends in the mass transit security market and more…
Rapid growth of video surveillance market
According to the security specialists from Marketsandmarkets, the video surveillance market is expected to double its value by 2022, from $30.37 Billion in 2016 to $75.64 Billion. The market will be led by the hardware segment that comprises the major part of video surveillance systems and includes cameras, monitors, and storage solutions, among others. The highest growth is predicted in the APAC region. The major factors driving the growth of the video surveillance market are …
(Security World Hotel, 06/04/2017)
Trends in the mass transit security market
The latest report published by Technavio, covering the mass transit security market from 2017 to 2021, predicts that the EMEA region will take over the Americas spot as the largest market portion. “By 2021 we expect that Americas will be close to 37%, EMEA 39% and APAC will be close to 23% market share. We expect the market share of the Americas to decline during the forecast period because of market saturation of mass transit security systems.” The global market is expected to grow from….
(Security Systems News, 03/04/2017)
Video monitoring key to Security System success
Support for video-verified alarms is growing among security companies, insurers, and law enforcement organizations. The report published by Strategy Analytics points to the Partnership for Priority Verified Alarm Response (PPVAR), an industry organization established to promote the benefits of video-verified alarms as well as the use of standardized protocols for video relay -standardized protocols allow alarm companies to provide central monitoring station operators with video to accompany an alarm event. The appeal of video monitoring is twofold…
Next step in fingerprinting identification
The Hong Kong Polytechnic University (PolyU) researchers developed a system for three-dimensional (3D) fingerprint identification by adopting groundbreaking 3D fingerprint minutiae recovery and matching technology, pushing contactless biometric technology into a new realm of speed and accuracy for use in identification, crime investigation, immigration control, security of access and forensic applications at an affordable cost. To achieve 3D fingerprint the team has…
(Security World Hotel, 05/04/2017)
PSI Premier Awards 2017 nominations still open
There’s still the time to get your nominations in for the PSI Premier Awards 2017 campaign. Express your opinion on products and suppliers that have more than met your expectations over the last year and who you think deserves special mention. The deadline for getting nominations in is 10th April 2017. The PSI Premier Awards is the only campaign in the security industry in which the nominations only come from installers and manufacturers.
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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