Security System Integration Market Opportunities, Demand and Revenue Forecast

November 17 14:08 2021

System integration solution combine multiple systems which creates a comprehensive unified security solution. From highly complex facility to security system integration across multiple sites, security solution meets total security and integration needs. Integration of security systems with other systems require maximum operational control and more reliable and faster response based on information gained in real-time. Managing security from perimeter to interior, requires an integrated technology from homes, schools and hospitals to retail parks, city centers and office complexes. Similarly, exposure to vibration, equipment washdowns, extreme temperature and chemicals. Security systems are changing at an increasing pace and have become a standard information technology product running over a Wide Area Network (WAN) or a Local Area Network (LAN).

An integrated security solution reduces cost and provides a return on investment eliminating costly manual processes. Adopting an integrated security system bring upon many advantages in both commercial and security aspect of designing an integrated system. The major benefit is improved security whether the companies are in private or public sector. An integrated system includes the ability to view alarms from all systems and the ability to link intrusion events or access to video recordings. Other advantages that can be considered when combining separate systems to an integrated solution are access control, time & attendance monitoring, visitor management systems (VMS), lift control, CCTV Systems, intruder alarm systems, fire systems, building management system (BMS), car park management, external perimeter detection and logical security among others. Access control systems are typically identified to provide protection to both employees and property. Building management systems are responsible for controlling and monitoring the environment of a building. Major security types in cybersecurity include endpoint security, data security, network security, application security, risk & compliance management and disaster recovery.

It is important to consider the depth of integration while considering security trails on the integrated system. A completely integrated systems allows operator security checks to be created from one centralized point. Open integrated systems depend upon open system architecture to complete integration.

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Important factors driving the growth of security system integration market are the increased network complexities, owing to third party application deployment, growing security needs for Bring Your Own Device (BYOD), Internet of Things trends. The major factor restraining the growth of security system integration is difficulty in expanding their businesses at a global scale. The businesses are restricted to the geographical presence only. On the other hand, Internet of Things (IoT) and Bring Your Own Device (BYOD) are creating new opportunities for the growth of security system integration market.

The global security system integration market is segmented on the basis of technology, end-user and region. In terms of technology, the market can be segmented into video surveillance, intrusion detection, access control, fire and life safety, network infrastructure, data communications, home automation, IP solutions and sound & mass notification. The security system integration market in terms of end-user is classified into power utilities, sports & entertainment, ports, manufacturing, residential, transportation, retail, commercial buildings and healthcare. The market segments in terms of geographical regions are North America, Asia Pacific, Europe, Middle East &Africa (MEA) and South America. North America is expected to dominate the security system integration market owing to high focus on innovation in the region owing to growing investment in research and development. Asia-Pacific is expected to be the fastest growing segment driven by rapid digital transformation in the region.

Industry participants leading the security system integration market with the most significant developments are Cisco Systems, Inc., FireEye Inc., International Business Machine Corporation, Cognizant Technology Solutions Corporation, Deloitte Touche Tohmatsu Limited, Innovative Solutions Co., HCL Technologies Limited, Anchor Technologies, Inc. among others.

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