The Evolution of Security and Surveillance Systems into a Service Industry is Likely to Hike Revenues
New analysis from Frost & Sullivan U. S. Security Systems Services Market, reveals that the revenues in this industry totaled $11.91 billion in 2005 and is likely to reach $27.24 billion in 2012.
Palo Alto, CA (PRWEB) June 24, 2006
The security and surveillance system business is increasingly evolving into a service industry. Rising demand for security has resulted in the emergence of new technologies. A dynamic and complex business scenario such as this demands system integrators to be abreast of the changing trends.
New analysis from Frost & Sullivan U. S. Security Systems Services Market, reveals that the revenues in this industry totaled $11.91 billion in 2005 and is likely to reach $27.24 billion in 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants an overview of the latest analysis of the United States Security Systems Services Market, then send an email to Tori Foster, Corporate Communications, with your full name, company name, title, telephone number, fax number and email. Upon receipt of the above information, an overview will be sent to you by e-mail.
“Successful integration of security systems involve profound understanding of technical aspects as it is customized based on business requirements and existing infrastructure,” explain Frost & Sullivan Research Analysts Jason Halverson and Sathya Durga. “The cost of system failure is encouraging end users to consider appropriate operational support and maintenance of security systems and thus, boost demand.”
Organizations in both the public and private sector today face an additional challenge of maintaining and providing access to a mobile workforce. The need to improve operational efficiencies by upgrading access control systems to enable employees from differing workplaces to easily access various facilities is of crucial importance.
Low comfort levels of systems integrators with network systems and software is affecting the growth in surveillance and security integration markets. Emerging technologies such as Internet Protocol (IP) surveillance demand in-depth understanding of network systems for installation and integration. The lack of expertise to install and integrate such emerging technologies is one of the major challenges in this market.
“System integrators in the surveillance industry have been playing a significant role in influencing the buying decision process and with the analog to digital transition, their roles have become critical,” explain Halverson and Durga. “System integrators' growing unease with emerging technologies needs to be eradicated and vendors should take active steps to educate and train them to be comfortable with network systems.”
In addition to systems integrators growing detachment from emerging technologies, vendors face an additional challenge of low awareness levels from end users. In a move to counter these challenges, vendors should actively educate systems integrators through training and should improve awareness of their end users.
U. S. Security Systems Services Market evaluates the government, education, corporate and high technology, commercial and banking, healthcare and residential markets in this space. This study also includes a detailed discussion of industry challenges with strategic recommendations, market drivers, restraints and competitor profiles. Executive summaries and analyst interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
U. S. Security Systems Services Market
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