IHS Markit News
Service providers with vertically integrated ecosystems need to quickly market in-house innovation Highlights of smart home systems growth analysis Service providers with smart home offerings share core tenets that incorporate flexibility, innovation and ‘the experience’. As long as a service provider adheres to these values, the means of development and delivery of the ecosystem (proprietary or open) is inconsequential. IHS Markit projects the penetration of s...
As the trend from analogue to IP continues to progress, more and more security devices are IP-enabled for seamless network integration With rising concerns over organisations’ physical security and potential network vulnerabilities, it has become more important now than ever for security professionals and other decision makers to take actions that will guard against potential problems and help prevent system failures. One specific area of heightened focus is the implemen...
Hikvision has been in the news in the United Kingdom recently, including a front page news story in The Times. SourceSecurity.com offered Keen Yao, Vice President at Hikvision’s International Business Centre, a chance to set the record straight regarding concerns expressed about hacking of cameras, the company’s ties to the Chinese state, and its role as the biggest video surveillance equipment manufacturer in the world. Hikvision has come a long way in the past few ye...
In some countries, markets will grow much faster than the regional average, while others will experience slower growth The Middle-Eastern market for video surveillance equipment exceeded $500 million in 2015 and is forecast to grow at a compound annual growth rate of 8 percent, from 2016 to 2020. Market growth is more than three times greater in the Middle East than in Europe and Africa, making it an attractive market for vendors. Unequal growth rate Even so, not all Middle-...
The e-government and healthcare identification market is very much driven by individual projects Shipments of electronic government (e-government) credentials—including e-passports, e-identity cards, e-health cards and e-driving licenses, and others—are projected to reach 1 billion units in 2020, nearly doubling 2015 volume.Project-driven marketThe e-government and healthcare identification market is very much driven by individual projects. Whether these projects c...
Summary Date: Tuesday, September 20, 2016 Time: 10:00am PT / 1:00pm ET / 5:00pm UTC Duration: 45 minutes + Q&A What's the webinar about? Mobile credentials are one of the most exciting areas of the access control market. The transformation caused by the development of various mobile solutions in payment, banking, ticketing and automation is poised to deliver similar changes in the access control industry. Mobile credentials are now entering the market...
IFSEC Southeast Asia 2016 is an opportunity to create new networks with leading companies and peers The region’s security, fire and safety industry is getting excited for the fourth edition of IFSEC Southeast Asia 2016. On 7th - 9th September 2016, industry experts from around Southeast Asia will gather on the show floor to build networks amongst industry peers, discuss on the future development and business deals, and obtain new information from seminars. All these will...
Since the Brexit vote, some warning signs for the security market have begun to appear Should the United Kingdom follow through with its plans to leave the European Union (EU), there could be a number of consequences that filter through to security industry stakeholders. Short term outlook In theory, the short-term the market outlook for 2016 and 2017 should be relatively unaffected, the UK has yet to activate Article 50, which instigates the formal procedure to leave the EU...
Security camera shipments are booming to exceed 100 million units in 2016 but annual revenue growth has slowed The year 2013 was a pivotal one for the video surveillance industry, because it was when predictions of market concentration started to become a reality. It was also when the estimated market share of the top 15 video surveillance equipment suppliers jumped 10 percentage points over the previous year’s share. In short, 2013 was when the video surveillance market...
The command and control room and PSAP market is expected to grow significantly over the next four years The command and control room and public safety answering point (PSAP) market is expected to grow at a compound annual growth rate of 7.1 percent from $5.4 billion in 2015 to reach $7.6 billion in 2020, according to IHS Markit a provider of critical information, analytics and solutions. Major factors spurring market growth include national public safety initiatives like First...
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