Dublin, March 09, 2022 (GLOBE NEWSWIRE) — The report “Global Security Room Control Market – Forecast 2021 to 2026” has been added to from ResearchAndMarkets.com offer.
The global security room control market is expected to grow at a compound annual growth rate of 7.75% over the forecast period to reach a market size of US$11.573 billion in 2026, from US$6.863 billion Americans in 2019.
Security room control is a special facility consisting of analysts and security managers who make up the information security team. This team monitors and manages the security of an organization on a regular 24/7 basis. The facility uses both hardware and software devices such as CCTV, computer systems, standard alarm technology, electronic systems, laser sounds, wired microphones, perimeter intrusion detection system, etc. . to monitor and improve organizational security. Security control rooms are widely used in industries such as healthcare, defense, power plants, etc. which generally require a high level of security monitoring. Increase in thefts, online attacks, assaults and crimes is the major reason behind the growing awareness of security room controls driving its market. Rising advanced technologies are expected to play a key role in the development of the market in the coming years.
The increase in criminal activity is the main driver of the market:
With the increase in the crime rate in the economies including theft, burglary and attack, the awareness of installing security control rooms has increased among the people, which is the major factor driving up demand for security control rooms. For example, according to the United Nations in 2017, a total of 4,64,000 people were victims of homicide with an average homicide rate of 6.1 victims per 1,00,000.
The homicide rate was highest recorded in America at 17.2, followed by Africa at 13.0. With such a pace, the need for global security control rooms cannot go unnoticed. Growing government initiatives on the adoption of security systems are also a significant driving factor for the industry.
Advancements in technology are expected to play a key role in the development of this industry. With the adoption of artificial intelligence across industries and the Internet of Things which has improved connectivity, global control of security rooms is expected to be adopted at a wider stage in the coming years. Rising investments in 4G and 5G technology and growing use of smartphones and tablets have had a tremendous impact on the growth of the market over the years.
Increased technological advancements have paved the way for Security Operations Centers (SOCs) and Network Operations Centers (NOCs) that provide integrated sensor technology and analysis software. It uses a cloud-based service which makes it suitable for data monitoring and asset management. For example, the wide adoption of LED video walls as well as large database management systems that use storage area networks (SANs) and media asset management (MAM) software have become increasingly popular. popular in security operations centers.
The huge installation cost remains a major challenge:
The major barrier to the global security room control market is the huge investment cost associated with it. The equipment and components that make up the entire system make it expensive to install by every organization and body that has restricted its use to government agencies, defense organizations, and large corporations only. This factor has also limited the growth of the market in underdeveloped countries, thereby restraining the growth of the market in these regions.
Impact of the COVID-19 pandemic:
With the outbreak of COVID 19 along with lockdown, shortage of manpower, curfew, social distancing, etc., the global security room control market has witnessed a negative impact. Due to closure of organizations and lack of manpower, the demand for security screening of organization security has decreased. Since no industry is allowed to operate full-time, the hardware supply of the global security room control market has also decreased. But with the resumption of operations, the market is expected to recover in the coming years due to the growing demand for control rooms and growing technology.
Main topics covered:
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market factors
4.2. Market constraints
4.3. Analysis of the five forces of carriers
4.3.1. Bargaining power of suppliers
4.3.2. The bargaining power of buyers
4.3.3. The threat of new entrants
4.3.4. The threat of substitutes
4.3.5. Competitive rivalry in the industry
4.4. Industry Value Chain Analysis
5. GLOBAL SECURITY CONTROL ROOMS MARKET ANALYSIS BY PRODUCT
6. GLOBAL SECURITY CONTROL ROOMS MARKET ANALYSIS BY APPLICATION
6.2. Industrial Security
6.3. public safety
7. GLOBAL SECURITY ROOMS MARKET ANALYSIS, BY INDUSTRY VERTICAL
7.2. oil and gas
7.3. Health care
8. GLOBAL SECURITY ROOMS MARKET ANALYSIS, BY GEOGRAPHY
8.2. North America
8.2.1. United States
8.3. South America
8.5. Middle East and Africa
8.5.1. United Arab Emirates
8.5.2. South Africa
8.5.4. Saudi Arabia
8.6. Asia Pacific
8.6.6. South Korea
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Key Players and Strategic Analysis
9.2. Emerging players and market profitability
9.3. Mergers, acquisitions, agreements and collaborations
9.4. Supplier Competitiveness Matrix
10. COMPANY PROFILES
10.1. Hexagon Security and Infrastructure
10.3. Specialized furniture SPF
10.6. Motorola Solutions
10.7. Christie Digital Systems USA, INC.
10.8. Eizo Inc.
For more information about this report visit https://www.researchandmarkets.com/r/xy0jyo
Global Security Room Control Market