Report: School Security System Integration Market to Reach $4.9B By 2017
EL SEGUNDO, Calif. — Recent tragedies at educational institutions, such as the Sandy Hook Elementary School shooting, will drive the market for school security system integration in the United States to increase by more than 80% from 2012 to 2017, according to research analyst IHS.
In the “Vertical Insights: Video Surveillance & Security in Education” report, the research firm notes the market for security systems integration in educational institutions is set to expand to $4.9 billion in 2017, up from $2.7 billion in 2012. Analysts expect double-digit growth every year throughout the forecast, with revenue rising by 13% to reach $3 billion in 2013.
“Following events like Sandy Hook and the Santa Monica shooting, schools have changed their views of how security systems should work,” says Paul Bremner, video surveillance and security services market analyst at IHS. “Instead of serving as forensic tools that provide evidence of events that have already occurred, security systems now are expected to help educational institutions detect and mitigate problems as they happen.”
As such, schools are hiring electronic security contractors to deploy cohesive security solutions that include video surveillance, physical access control and intrusion alarm systems. The report observes that video surveillance and security systems are more beneficial if they can deter misconduct or provide quicker response times to incidents.
“Video surveillance and security systems in the education sector must be flexible enough to deal with multiple types of threats,” Bremner says. “The types of threats an educational institution may encounter change during the course of a day. During the daytime, the main issue is access control, restricting who comes onto the premise and ensuring any potential threats remain outside. At night, the security system must deal with protection against vandalism.”
In the past, school security solutions have centered on a combination of physical access control and emergency notification systems. Although many schools continue to focus on this approach, there is much higher demand for video surveillance equipment in educational institutions. The growth rate of the video surveillance equipment market in the education market is more than double that of the equipment market for physical access control, according to the report.
“In addition to dealing with threats, video surveillance systems in the education sector have the added advantage that they can be used for a broad range of tasks, including gathering evidence for a criminal investigation; acting as a deterrent for theft, assault and vandalism; or simply by providing greater visibility to the school’s security staff,” Bremner says.
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