Cybersecurity Emerges as Top ‘Megatrend’ Shaping the Security Industry
A SIA survey of industry leaders finds that cybersecurity is expected to be the most impactful trend on physical security solutions they will face in 2019.
Security Industry Association (SIA) Senior Director of Marketing Geoff Kohl shares cybersecurity findings from the association's Security Market Index at GSX 2018.
SILVER SPRING, Md. — The Security Industry Association (SIA) has released its list of 2019 Security Megatrends, which comprise the basis of the association’s annual report defining the major disruptors at play in the global security industry.
Forecasting of 2019’s top 10 Security Megatrends was based on survey data generated in September and October of this year from top security industry business leaders, association leadership and key volunteers and speakers for Securing New Ground (SNG), a security industry executive conference , to be held Oct. 25-26 in New York City.
The Security Megatrends report is provided each year to SIA member companies and registered attendees of SNG. These trends — the top factors influencing both short- and long-term change in the global security industry — are expected to have sweeping impact on almost all businesses within the industry.
The megatrends serve as an essential component of the thoughtful discussions at SNG, an annual conference attracting security industry business leaders, entrepreneurs, investors, industry visionaries and senior-level chief global security officers, according to SIA.
Cybersecurity was identified in the 2019 report as the standout trend shaping the security industry. By nearly 30 percentage points, industry leaders said cybersecurity’s impact on physical security solutions was the most impactful trend they were expecting to face in 2019.
A resounding number of respondents also called for artificial intelligence (AI) to be recognized as a megatrend, noting that AI is becoming vital to supporting the heightened volume of data produced by modern security solutions.
Other new Security Megatrends emerging for 2019 include workforce development, the emphasis on data privacy, advancements in digital identity and the integration of security into smart environments like smart buildings and smart cities.
The 2019 Security Megatrends are:
- Cybersecurity Impact on Physical Security
- Internet of Things (IoT) and the Big Data Effect
- Cloud Computing
- Workforce Development
- AI
- Emphasis on Data Privacy
- Move to Service Models
- Security Integrated in Smart Environments
- Advanced Digital Identities
- Impact of Consumer Electronics Companies
“Today, modern physical security solutions are comprised of IoT devices and sensors that generate high volumes of security data. Applying analytics and artificial intelligence systems makes this data more actionable and increases responsiveness for security systems users,” says SIA Chairman of the Board Scott Schafer. “Cybersecurity continues to be at the top of the list of the most important trends identified by security industry manufacturers, systems integrators, security practitioners, architects and engineers, and SIA will continue to address this trend over the next year and in the foreseeable future.”
In addition to defining the latest Security Megatrends, the forecast for 2019 also identifies other forces at play in the security industry that may have a noticeable impact on some or all businesses, and the research identifies three potential areas of business disruption the security industry may face in 2019.
The official 2019 Security Megatrends report will be published in late November and will be available online for download and/or purchase. The 2018 Security Megatrends report is currently available to all members and non-members here.
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