A newly released report by IHS forecasts the world market for mechanical and peripheral locking devices to be valued at $5.2 billion in 2013 , including electromagnetic locks, electric strikes, mechanical locks, exit devices and accessories.
January 28, 2014
The growing adoption of automatic license plate recognition (ALPR) technology is having an adverse impact on the vehicle entrance control industry, specifically the vehicle barrier and off-street parking systems markets, according to IHS.
January 27, 2014
Rapid growth in intelligent mobile device adoption and cloud computing coupled with a lack of skilled security professionals to monitor and secure networks, have left many organizations vulnerable to cyber-attacks, according to a new report from Cisco.
January 20, 2014
The IP video and video surveillance as a service (VSaaS) market will reach $57.3 billion in 2020 as more organizations switch from analog systems to IP-based solutions, according to Allied Market Research.
January 19, 2014
All signs show that the nation’s construction sector continues to experience modest growth and improvement in new construction, renovations, repairs and retrofits, according to the latest installment of the National Systems Contractors Association’s (NSCA) Electronic Systems Outlook report.
January 08, 2014
The increased popularity of electronic access control systems is contributing to the market growth of electric strikes and electromagnetic locks, each of which is forecast to outperform mechanical locks through 2017, according to IHS.
January 08, 2014
FirstNet, a high-speed broadband data network dedicated to public safety using a nationwide spectrum license, is expected to resolve the quality and capacity problems city surveillance wireless infrastructures have experienced, according to a new report from the IHS Security & Fire division.
January 07, 2014
Industry analysts expect purchases of explosives, weapons and contraband (EWC) detection equipment at rail stations around the world to increase by 3.3% in 2014 and 8.8% in 2015. The majority of the growth will come from Asia where rail expansion projects are ongoing, according to IHS.
January 01, 2014
Niall Jenkis, IHS research manager of video surveillance and security services, offers his thoughts on what video surveillance trends the industry can expect in 2014 and their impact.
December 17, 2013
Research firm IHS Inc. is forecasting strong growth for security equipment in schools throughout the United States for the next several years. IHS estimates the market size for security equipment in schools to reach $634 million this year and is expected to surpass $720 million by 2014.
December 10, 2013