The worldwide physical security market is likely to undergo huge changes in the coming years. The increased use of technology, such as automation, is perhaps the most significant change impacting the industry in recent times. As a result, many innovative technologies have become essential for the global physical security market.
The physical security industry has always shown reliance on automation technologies to compensate for the limited number of security resources. The comparatively recent significant-incorporation of automation technologies has led to significant cyber and physical security integration. Enterprises focusing on these two sectors are establishing fruitful associations with each other.
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Most of the collaboration happens, especially in the initial access control and management domain phases.
The way the physical security industry has progressed indicates that automation-supporting technologies will also emerge more potent in the upcoming years. Across the industry, flexible storage, advanced cameras, and other similar trends are becoming essential.
Although the cloud is gaining traction, it is unlikely to become the primary source of storage in the physical security sector. In addition, the industry seems apprehensive about data security and privacy issues possible due to the cloud.
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Returning to the convergence of physical and cyber securities, the need to recognize and adhere to the trend is more evident at the enterprise’s top than the more vulnerable operations side. Surveys conducted by IDC have confirmed these facts.
All in all, the physical security industry is showing steady progress and is robust. However, surveys have highlighted the need for allocating more budget to ensure physical security is leveraged at all levels.