Budgets for video surveillance systems and for access control and security systems integration are likely to increase during the next 12 months, says a survey of end-users and channel players.
The survey—conducted by corporate consultant and researcher Frost & Sullivan—was of 355 end-users and channel players that were seeking to attend the International Fire and Security Exhibition and Conference (IFSEC) currently under way in Birmingham, England.
Respondents said video surveillance systems budgets are increasing and might grow by 3 percent over the next 12 months while the budgets for access control and security systems integration might increase by 2 percent during the same period.
In addition, over the next five years, video surveillance budgets are expected to increase by more than 5 percent and access control and security integration budgets are expected to increase 3 percent or 4 percent, the survey says.
Channel players, such as system integrators, consultants and distributors, are more optimistic saying they anticipate that over the next year video surveillance budgets will increase by nearly 8 percent, and that systems integration will increase by 6 percent and access control will increase by 5 percent.
However, those same respondents say over the next year the budgets for intrusion detection are expected to only grow by 1 percent.
While that is good news for technology sales, the budgets for security staffing are expected to decrease by around 1 percent over the next year.
The positive outlook for IP/network video surveillance is also supported by the survey as 12 percent of respondents say they plan to install an IP/network video solution within the next 12 months. Network/IP Video surveillance cameras already have a fairly good penetration of large business and therefore growth is expected to be faster with small to medium organizations (those with fewer than 1,000 employees).
Video analytics is also set to experience strong new demand though this will be with larger organizations, according to the survey.
In addition, channel players share the optimistic picture for network/IP video surveillance, with 71 percent of respondents saying the pace of migration to IP systems will quicken during 2011 and into 2012. Systems integrators have the strongest expectations with security consultants, installers and distributors all having broadly the same opinion.
However, the analog market is expected to remain flat over the next two years with the loss of revenues from customers switching to network/IP video surveillance being balanced out by replacement sales or new sales in applications that require a relatively simple security solution. Decline in analog camera usage will be highest in very large organizations with 50 percent reporting a reduction in spending.
Nonetheless, the convergence between physical security and IT remains a leading focus of most channel players who say the convergence will have a positive impact on their businesses. However, those respondents says challenges still exist including the compatibility of different manufacturer’s products and lack of cross standard platforms, installation costs and lack of IT skills and knowledge.
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