IHS Markit News

Advanced low-light video cameras are increasingly being employed for intrusion detection: IHS Markit report

According to a recent report produced by IHS Markit, which specialises in providing insight on the areas that are shaping the business landscape, the number of video surveillance cameras equipped with advanced low-light functionality is set to soar over the next four years. Whilst it is estimated that in 2015 there were approximately 4.75 million of these types of cameras delivered to the market, in 2022 this number is projected to increase to about 51 million. Advanced low light functionality...

Access Control as a Service (ACaaS) solutions growth with mobile access in 2019

IHS Markit projects that the market for physical electronic access control solutions has grown to over $5.2 billion in 2018. The market has experienced stable and predictable growth rates that have hovered around 6 percent over the past several years. Electronic locks remain both the largest and the fastest growing product type in access control, representing nearly 40% of the global market size for all access control equipment. Impact of technological developments While market growth rates ha...

Video surveillance vendors will face further challenges in 2019

Video surveillance equipment vendors report their 2018 revenue data to IHS Markit in the first quarter of 2019, which is when we calculate the rate the professional video surveillance market grew in 2018. However, we expect this rate will have been around 10 percent globally -- slightly higher than the 9.3 percent growth in 2017 and much higher than the 3.9 percent growth in 2016. Changing market trends Despite this healthy rate of growth, 2018 was not without its challenges and surprises. Cha...

Global LMR infrastructure and system integration market touches US$ 4.6 billion in 2017 according to IHS Markit study

The global market for licensed mobile radio (LMR) infrastructure and system integration grew 14 percent, reaching $4.6 billion in 2017. Significant growth was noted in Asia, as revenues increased by 26 percent. However, Europe also experienced 8 percent growth in infrastructure and system integration revenue. Cost-optimised digital technology Cost-optimised digital technology accounted for the largest infrastructure and system integration market in 2017, accounting for 50 percent of all infras...

Suprema to showcase GDPR-ready biometric access control solutions at Security Essen 2018

Suprema, a provider of biometrics and security, announces that the company will showcase GDPR-ready enterprise access control solutions at Security Essen 2018 including its latest range of biometric readers, multi-band RF card readers, mobile credentials and access control software platform. At the show, Suprema will introduces BioLite N2, the world's best performing outdoor fingerprint terminal. BioLite N2 is designed for both the enterprise access control systems and time attendance applicati...

What are the obstacles to adoption of mobile credentials for access control?

Using a smart phone as an access control credential is an idea whose time has come – or has it? The flexible uses of smart phones are transforming our lives in multiple ways, and the devices are replacing everything from our alarm clocks to our wallets to our televisions. However, the transformation from using a card to using a mobile credential for access control is far from a no-brainer for many organisations, which obstacles to a fast or easy transition. We asked this week’s Exper...

IHS Markit analysis predict increase in revenue from mission critical LTE ecosystem

Analysis from IHS Markit shows revenues generated by the mission critical LTE ecosystem are set to increase across all major sectors to 2021. Leading the way is the utilities market, with 120% growth, followed by public safety, where revenues are set to double. Transport is predicted to see growth of 80%, just beating the 75% increase expected from the industrial sector. Catalysed by TCCA, mission critical communications features and services have been a key priority of 3GPP in recent years Th...

IHS Markit reports global cost-optimised digital technology revenue exceeded $1 billion for the first time in 2017

Cost-optimised digital technologies are the fastest-growing digital licensed mobile radio (LMR) technology, as global LMR users migrate to digital.  Deployments of cost-optimised digital technologies increased by 16 percent in 2017, reaching more than $1 billion in revenue, compared to an average of 7 percent growth for the overall LMR market. More than 3 million users adopted cost-optimised digital technologies for the first time in 2017, and the installed base of these types of soluti...

Wireless access control report 2018 shares freshly researched data and analysis by security experts

The market for access control is changing. But how? How fast? And what factors will affect access control for your business between now and 2025? An exclusive new report by IFSEC Global, ASSA ABLOY and IHS Markit addresses these and other questions, presenting and interpreting new industry research. This 22-page report offers a unique snapshot of the industry in 2018. The Wireless Access Control Report 2018 offers in-depth analysis informed by a new survey of hundreds of senior security profess...

Milestone Systems ranked no. 1 global VMS provider for the 10th consecutive year by IHS Markit

For the 10th year in a row, Milestone Systems continues to be the No. 1 global VMS vendor by company revenue in market research from business intelligence provider IHS Markit. In 2017 Milestone Systems had a global VMS market share of 10.2%, an increase from 9.1% in 2016. “The world market for VMS is estimated to have grown by 8% in 2017,” said Jon Cropley, senior principal analyst for video surveillance at IHS Markit. “Supply to this market is gradually becoming more concentr...

HD over Coax provides cost-effective video surveillance upgrade

According to IHS Market, it is estimated that there are over 60 million security cameras in the United States, and other reports say these cameras capture more than four billion hours of footage per week. Over the last decade, IP camera technology has dominated the conversation as it has provided users with a broad offering of enhanced image quality and features. With a large percentage of existing security systems relying on analogue, many end users looking for high definition (HD) video qual...

Has consolidation shifted to the security integrator/installer market?

Consolidation – a decrease in the number of companies in a market achieved through mergers and acquisitions (M&A) – has been an important trend among manufacturers in the physical security market for many years. More recently, the trend has also appeared to extend to the integrator market. Larger integrators have been buying up other large integrators; in some cases, they have also been buying up smaller, regional integrators to expand their geographic coverage area. We wondered...