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Smart cards, NFC to boost market for access control credentials

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01/28/2013

Smart cards and near field communication (NFC) are set to drive new growth in the $400 million global access-control credential market, according to a new study by IMS Research.

Thomas Jefferson’s home gets Marioff water mist system

Water mist fire suppression systems find new market in historic properties
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01/21/2013

CHARLOTTESVILLE, Va.—A Marioff water mist fire suppression system is now protecting Monticello, Thomas Jefferson’s iconic home here. It’s an example of a growing niche market for water mist systems: historic homes and other cultural heritage buildings.

IMS: Analog video surveillance still dominant in consumer market

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01/14/2013

YARMOUTH, Maine—Analog security cameras continue to dominate the consumer and do-it-yourself video surveillance market, accounting for 87 percent of shipments, according to a new report from IMS Research. And analog is expected to stay strong in that segment, with a significant revenue shift to network products unlikely in the next five years.

Survey gives integrators insight into end user' budgets

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Wednesday, January 9, 2013

End user security budgets were up in 2012 compared to 2011, at least in the gaming vertical, according to a not-yet-released survey of nearly 200 Security Director News readers, conducted by IMS Research this summer.

What about end user budgets in other vertical markets? Read on. Below are some more specifics on what IMS learned about end user budgets and what this information may mean for integrators, but there will be much more information presented by IMS’ Will Rhodes at TechSec 2013, a new and emerging technology conference, jointly sponsored by Security Director News and Security Systems News.   

Want to attend? Click here to register   and here to find out more about the Feb. 5&6 conference that will take place in Ft. Lauderdale, Fla.

Back to the survey, Will and I had a conference call the other day about his TechSec presentation. Here is a small sample of the questions I had for him—and his answers:

ME: How did the results from casino and gaming security directors compare with other vertical markets?
WR: The majority of casino and gaming respondents (51 percent) suggested their budget would increase in 2012 over 2011. Whereas, the largest number of city surveillance respondents (60 percent) suggested their budgets would fall in 2012 over 2011. While, the largest number of government respondents (43 percent)  suggested their budgets would remain the same in 2012 over 2011.

ME: The results reported are for 2012 vs. 2011. Do you have any insight into spending/budget changes for 2013?
WR: The survey was conducting over July and August so we didn’t ask questions about 2013. Early signs suggest the North American security market was relatively strong in 2012 which is likely a result of previously mothballed and delayed projects coming online. 2013 growth may remain healthy but not quite as strong as 2012.
 
ME: What do you make of the idea that casinos are increasing security budgets? Is it a matter of compliance? Putting off improvements since the economy tanked and then they got to the point where they really had to upgrade? Gaming is generally considered discretionary spending, is this a sign that the economy is on the uptake?
WR: This was a very interesting result from the survey. Regulation certainly pays a major part in the casinos and gaming market. For example, if a DVR is not recording to standard it will have to be replaced no matter how well the casino is doing. However, the economy has started to pick-up and consumer confidence is starting to build. Assuming there is no economic cliff dive in 2013, casino and gaming spending on security equipment could start returning to pre-recession levels.
 
ME: What might integrators glean from this specific info?
WR: Without wanting to appear too optimistic; after a few years of uncertainly, the outlook does look positive for those integrators who specialize in the casinos and gaming sector. One thing to bear in mind is the survey results suggested integrators that demonstrate a clear ROI on projects are most likely to win new business. Whilst the casinos and gaming sector is still in recovery mode, users may be looking for integrators show how their capital invested will be well spent. One way to do this is to demonstrate the ROI of a new solution.
 
ME: What other info should TechSec attendees look forward to learning at your TechSec presentation?
WR: During the presentation I will be showing attendees who the end users thought are the most influential project champions and which stakeholders have the most importance over the final decision to purchase.
 

 

IMS study: ACaaS offers additional revenue and penetration

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01/07/2013

AUSTIN, Texas – Access Control as a Service generates additional revenues and end-user penetration opportunities that traditional control solutions do not, according to a recent study published by IMS Research.

IMS: Integration market in Americas to top $30 billion in 2016

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01/07/2013

The security integration market in the Americas will grow at an average annual rate of 7 percent through 2016, when it will exceed $30 billion, according to a new report from IMS Research.

IMS Research ranks NICE atop PSIM market

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01/03/2013

RA'ANANA, Israel—NICE Systems was ranked the global leader in providing PSIM software solutions, according to a report from IMS Research. The report, titled “Physical Security Information Management World Report,” counts NICE as the leading supplier of PSIM software base

IMS Research clarifies the cloud

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12/04/2012

AUSTIN, Texas—A new report published by IMS Research, titled “The North American and European Markets for Access Control,” addresses some of the confusion surrounding cloud-based access control, according to an IMS statement.

IMS report: limited awareness curbs growth for PSIM

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11/20/2012

WELLINGBOROUGH, U.K.—Although the global market for PSIM software is estimated to have more than doubled between 2009 and 2011, according to a report from IMS Research, figures remained below $100 million in 2011, with limited awareness identified as the greatest inhibit

Fire suppression market hot

Competition is creating some new business opportunities, according to a research analyst
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11/07/2012

AUSTIN, Texas—The fire suppression products industry in the Americas is growing, but as it does, fire sprinklers—which constitute the majority of the market—are facing competition from other technologies, according to a new report from IMS Research.

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