TECH SUPPLIER Apr 2022 - IDC Survey - Doc # US49029622

The State of the Physical Security Technology Market: Results from the 2022 IDC Physical Security Technology Market Survey

By:

Mike Jude
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Abstract

Physical security is increasingly dependent on automation technology to multiply the impact of a limited pool of security personnel. Increased automation is forcing a convergence of the physical security and cybersecurity organizations. Convergence is being seen, initially, in the access control and management domain, where the biometric data that physical security sensors such as video cameras provide can be used to grant access to both facilities and computer systems.

This year's survey demonstrates, though, that the recognition of the need for this converged capability is beginning at the top of the organization, rather than at the operational level. Consequently, vendors need to develop compelling presentations that resonate with decision makers at the executive level, typically in terms of financial impacts to the organization, rather than technical arguments that will resonate more with midlevel or operational managers.

Indications are that, as automation increases its penetration in the physical security space, supporting technologies such as advanced cameras and flexible storage capabilities are becoming more important. Storage, in particular, will become important as video data is devoted to activities such as business intelligence analysis. Yet, despite this, the cloud will not become the primary storage location, as concerns for privacy and data security impact the degree to which organizations are willing to offload highly sensitive telemetric data.

Ultimately, many of the on-premises functions will move in part or totally to the cloud, where video surveillance–as–a–service (VSaaS) offerings will become more important. However, the decision process for adopting VSaaS is complex and involves more than simple functionality.

Overall, the physical security technology market is robust and is likely to grow substantially. Survey results indicate a desire to increase physical security technology budgets over the next three years, which is good news for technology vendors.


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