YARMOUTH, Maine—When Boston Police Commissioner Ed Davis arrived to Boylston Street on April 15, 2013—shortly after two explosions killed three people and injured hundreds more near the finish line of the Boston Marathon—he said one thing: “First job, get on the video.”
LONDON—IHS Markit sees disruption in the professional smart home market; Blake Kozak, IHS’ principal analyst, smart home and security technology, talked with Security Systems News about recent smart home deals and what they mean for the industry.
ENGLEWOOD, Colo.—New findings by market research firm IHS reveal that MSOs are falling short of their goals for penetration within the residential security industry, partly because of their reliance on inferior security products. This is good news for domestic security manufacturers because MSOs are now starting to turn to them for equipment, according to IHS. Research also forecasts a 5 percent CAGR for the security industry over the next few years.
AUSTIN, Texas—Smart and connected thermostats offer traditional resi dealers a way to make an impact in the home security market if they take the right approach, according to Omar Talpur, market analyst, security and building technologies, for IHS Technology.
DALLAS—The North American market for mass notification systems is getting saturated, IHS said, projecting the MNS market in the entire Americas region to see a CAGR of around 5.3 percent. However, MNS software is still driving the market’s growth.
YARMOUTH, Maine—Providers and integrators of emergency communication systems (ECS) face a number of challenges when trying to establish or grow markets: It’s not cheap to expand a fire alarm system into an ECS. Private companies are not required by law to have multi-faceted ECS or mass notification systems (MNS). And it’s difficult to get excited about a security system designed for worst-case scenarios that nobody really wants to think about.