Value of CCTV market to hit $23.3bn by 2025
The global CCTV camera market is expected to expand at robust 12.7% CAGR in the years to 2025 to be worth $23.32bn. That’s according to a report from Transparency Market Research, which says that the global CCTV camera market is seeing consolidation on account of players banking upon mergers and acquisitions to bolster their positions. […]
Employees responsible for half of industrial networks cybersecurity incidents
52% of incidents affecting operational technology and industrial control system (OT/ICS) networks last year were caused by employee errors or unintentional actions. A Kaspersky report, State of Industrial Cybersecurity 2019, found this issue to be the result of the growing complexity of industrial infrastructures and a shortage of professionals who understand how to detect new […]
Physical security equipment market to hit $64bn
The global physical security equipment market will be worth nearly $64bn in revenue in 2022, equivalent to a staggering expansion at over 10% CAGR. That’s according to a report from Future Market Insights (FMI), which pinpoints demand for surveillance equipment a sa key driver of the growth. FMI says a major trend in the market […]
Security demands on SMEs ‘increasingly a barrier to success’
UK SMEs are potentially losing out on a third of all enterprise contracts due to cyber fraud and cyber security credentials not being to a recognised standard. That’s according to research from cyber security awareness platform, CyberSafe, which revealed 37 per cent of organisations have been required to achieve a recognised cyber security standard over […]
Video pushes value of global physical security to $32bn
The total value of world production of Physical Security products at factory gate prices in 2018 was $31.55bn, an increase of 8% in 2017. That’s is an increase of approximately 1% over the Compound Annual Growth Rate (CAGR) of 6.87% during the last 4 years, according to the latest data from ResearchandMarkets, which is forecasting […]
Government staff losing too many devices, creating security headaches
Government staff in the UK lost 508 mobile and laptop devices between January and April 2018, highlighting that mobile device security remains as important as ever for public sector organisations in the UK. The data comes via MobileIron, which made a Freedom of Information (FoI) request via nine ministerial departments from within the UK Government […]
Video surveillance system market to hit $96bn by 2024
The global video surveillance system market has been valued at $40.37bn in 2018, and is expected to reach a value of $95.98 billion by 2024, equivalent to a CAGR of 15.53% over the forecast period. A new report by ResearchandMarkets says use of video surveillance in business is growing significantly, owing to the increasing need […]
Security concerns of Brits among the lowest in the world
Brits are maintaining their characteristic ‘stiff upper lip’ in the face of adversity, according to the latest findings from the 2019 Unisys Security Index survey. Globally, UK consumers registered the fourth-lowest level of concern of the 13 countries surveyed on a range of security issues, with a notable dip in British concerns over national security […]
Global physical security market to hit $136bn by 2024
The global physical security market is projected to grow from $ 83 billion in 2018 to $ 136 billion by 2024 on account of increasing incidents of terror attacks. That’s equivalent to a CAGR of over 8% during the forecast period, according to a new report from Reportlinker, which which defines the market as any measures designed for the […]
Consumers wary of biometric security systems
Over half of consumers (56 per cent) are worried that the shift to biometrics to authenticate online payments will dramatically increase the amount of identity fraud. The research from Paysafe also revealed that 81 percent of consumers still favour passwords for making payments online due to concerns about the security of new biometric options. The […]
