Tag: IHS
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...
Smart cities becoming a reality
April 3, 2017Laura Kelly
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.”Davis recounted in a PBS documentary that year how, in the fraught minutes after the bombings, police needed to begin the tedious task of collecting individual video surveillance footage from nearly 200...
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...
IHS research: Systems integration market to grow
August 24, 2016Paul Ragusa
LONDON—New findings from global research firm IHS Markit reveal that the global market for security systems integration will grow to $75.7 billion by 2020, up from $60.3 billion in 2015.The global market will increase at a CAGR of 4.6 percent to 2020, driven mainly by service and maintenance services, which will climb from $14.5 billion in 2015 to $18.8 billion in 2020, at a CAGR of 5.4 percent.The Americas region, which includes North and Latin America, will rise from $22.3 billion in 2015...
New research: MSOs turn to security for better equipment
June 29, 2016Paul Ragusa
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.“One thing that we found in our research...
Intruder alarm market positive for Americas
February 17, 2016Spencer Ives
ENGLEWOOD, Colo.—The intrusion alarm market in the Americas will see steady growth to 2019, according to a recent IHS report.IHS estimated the market to be $1.4 billion in 2015, “and we're expecting this to grow to around $1.8 billion by 2019,” with an average growth rate of about 5 percent per year to 2019, Jim Dearing, IHS market analyst, security & building technologies, told Security Systems News.The report includes data from 2006 to today. For the past 10 years the intrusion...
Smart dealers can benefit from smart thermostats
October 6, 2015Amy Canfield
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.As manufacturers increasingly bring these Web-connected thermostats to the market to compete, for example, with the Nest Learning Thermostat, there is much to be learned, Talpur told Security Systems News.“You can install intelligence...
IHS ranks Hikvision tops in IP video globally
August 5, 2015SSN Staff
HANGZHOU, China–Hikvision moved from No. 2 to No. 1 for the percentage of marketshare of IP cameras, according to a new IHS report.Hikvision makes up 18.9 percent of the global network security camera market. That's up 5.9 percentage points over the China-based camera manufacturer's No. 2 ranking of 13 percent, IHS said.For the fourth year in a row, Hikvisioin took the No. 1 spot for the global video surveillance market, with a 16.3 percent of the international CCTV and video surveillance market,...
North American MNS becoming saturated
July 22, 2015Spencer Ives
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.“One of the issues with North America is that it's a pretty mature market for mass notification technologies.” Jared Bickenbach, IHS Research market analyst, Access Control, Fire & Security, told Security Systems News. “After September...
Emergency communications systems not mainstream—yet
March 26, 2015Kenneth Z. Chutchian
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.Some ECS developers remain undeterred. Campus shootings...