Tag: Blake Kozak
Global smart home market still growing
September 4, 2019Paul Ragusa
The global smart home market is forecast to grow by nearly a factor of five to reach more than $192 billion in 2023, up from $41 billion In 2018, according to the latest Smart Home Device Database from IHS Markit.
The research firm noted that the United States led all countries in 2018, representing about 35 percent of global market revenue. China was second, accounting for an 18 percent share.
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The fastest-growing device types in the market include lighting, smart...
IHS Markit projects growth, changes for alarm monitoring market to 2022
May 14, 2018Spencer Ives
LONDON—IHS Markit, a research firm based here, recently released some insights on the alarm monitoring market in 2017 and what it predicts will happen by 2018 and 2022.One highlight from the company's recent research is that the residential alarm monitoring market in the Americas region reached $12.5 billion in 2017, and IHS Markit expects it to grow to $13.7 billion in 2018.“Most of the [central monitoring stations] that we spoke to are really focusing on these value-added services,...
IHS weighs in on smart home deals
April 3, 2017Spencer Ives
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.In June 2016, Alarm.com and Comcast each signed agreements to acquire different business units from Icontrol, and these deals were both finalized in early March. Comcast purchased Icontrol's Converge platform while Alarm.com acquired the Connect and...
IHS weighs in on CES 2017 trends
February 1, 2017Spencer Ives
LAS VEGAS—At this year's Consumer Electronics Show, the smart home became more refined, according to IHS, presenting more use cases to dealers and consumers.
Blake Kozak, IHS' principal analyst for smart home and security technology, told Security Systems News that this year's CES built off of previous years' announcements and technologies. “Maybe last year, and the year before, you'd see these providers coming out with thermostats and things like that. � But...
Why managed access gets adopted, why it doesn't
January 7, 2015Martha Entwistle
Managed and hosted access control systems, or access control as a service "ACaaS" has been on the rise for some time now. IHS's Blake Kozak put out a research note today with some interesting ACaaS projections.
From the report: "IHS estimates that newly installed hosted and managed access control doors represented about 3 percent of the total new readers and electronic locks installed in the Americas in 2013. A total of about 80,000 doors of ACaaS were added in the region in...
Cloudy distinctions with off-site and hosted access control
December 30, 2014Kenneth Z. Chutchian
YARMOUTH, Maine—The question of whether cloud-based security systems are synonymous with Web-based access control or hosted systems is one that still hangs over the security industry—like a cloud. It's not a dark cloud, but sometimes it gets in the way of clarity.“You're not sure anymore,” said Dave Koenig, partner at Capital Fire and Security, an integrator based in Madison, Wisconsin. “The 'cloud,'” he said, “is kind of a buzz term now.”According...
Report: MSOs in best position to benefit from smart security
November 18, 2014Amy Canfield
AUSTIN, Texas—Multiple-service operators—the cable companies and the telecoms—are leading the way in integrating security equipment and home automation at the future expense of traditional monitoring companies and high-end providers according to an IHS report.As a result, the industry can expect to see further acquisitions and a consolidation of the market “sooner rather than later, and smaller companies will fade away,” according to the report's author Blake Kozak.“Who...
Online wireless locks moving forward, but not locked into the market
May 21, 2014Kenneth Z. Chutchian
Online wireless locks are making inroads in the security industry, particularly on the perimeters of large buildings with hundreds of doors inside."The trend is that one-and-a-half years to three years ago, 75 to 80 percent of electronic locks globally were offline,” said Blake Kozak, senior analyst of security and building technologies at IHS, a research and information company based on Colorado. “The market is shifting to online."Nevertheless, he notes, about 80 percent of the locks...
Video and analytics moving further toward the perimeter
December 18, 2013Leif Kothe
ENGLEWOOD, Colo.—The growing trend of deploying video surveillance and analytics devices for perimeter security is showing no signs of abating. The market is poised to reach $160 million by 2017, up from $90 million in 2013, according to a report from IHS Research. IHS expects North America to rank as the largest market for this segment of the perimeter security market, according to Blake Kozak, senior analyst, access control, fire and security, at IHS. Spending on sensors, which will remain...
Open standards lag, but access control to grow to $2.3 billion in 2013
July 10, 2013SSN Staff
AUSTIN, Texas—The drive for open standards in the access control market continues to trail a similar push in video surveillance, potentially limiting growth, but global access-control revenues are still expected to rise from $2.1 billion in 2011 to $2.3 billion by the end of 2013, according to a new report by IMS Research.IMS said that in most cases the primary benefit of open standards is not to reduce “vendor lock,” in which customers can't switch to a new supplier because they...