BIS Research publishes detailed research reports on significant technological components of security and surveillance market namely: video surveillance, biometric identification and authentications, video content analytics, and access control system among others. The security industry has witnessed profound changes in the last decade with the advancement in cloud based services and expanding product portfolio. A tremendous need for better security standards globally, has encouraged infrastructure owners and national government to implement globally-accepted security measures which would include physical and cyber security.
Video surveillance systems can be a powerful tool in proper vigilance of shopping malls, multiplexes, banks, airports etc. In addition to video surveillance, biometric security is also becoming a popular choice among end users for enhancing their existing security provisions. Multiple terror attacks, cyber fraud incidents, and robberies have compelled both supply and demand side participants to upgrade their security offerings and setups respectively. Further, to store and analyze the data collected through such security streams has propelled the demand for reliable storage devices. This has also led to the rise of VSaaS (Video Surveillance as a Service) industry wherein the videos are stored in the cloud storage, retrievable anytime.
Multi-factor authentication is anticipated to be the next big trend in the global security market place, with system integrators playing a pivotal role in consolidating the overall industry.