Genetec Inc., a prominent technology provider specializing in unified security, public safety, operations, and business intelligence solutions, has unveiled its key projections for the physical security industry in 2024.
In the upcoming year, organizations are set to enhance collaboration between IT and physical security teams to optimize risk mitigation and data utilization across the business. Physical security leaders are integrating IT expertise, and Security Operations (SecOps) are expanding their role to address physical security risks, incorporating data from both groups. Increasingly, IT will incorporate physical security into its domain and assume responsibility for overseeing physical security mandates.
The demand for unified, cloud-connected physical security solutions is expected to rise as cross-departmental collaboration intensifies. This unified perspective will provide teams with a comprehensive understanding of systems and evolving threats, facilitating more effective data utilization.
Access control modernization will take precedence in tech investments during 2024. To simplify upgrades, organizations will transition to a hybrid-cloud model, implementing cloud-ready access control solutions for continuous innovation and cybersecurity updates, reinforcing security from doors to networks. There will also be a surge in demand for open access control solutions, allowing businesses to add and connect the best available technologies, including building management systems, life and safety solutions, and mobile credentials.
Many organizations will reach a tipping point in managing separate video and access control systems, prompting leaders to move towards system unification. This shift aims to streamline system monitoring and maintenance tasks, resulting in increased efficiency and cost savings across the enterprise.
Hybrid-cloud adoption is anticipated to rise significantly in medium and large enterprises over the next year. Genetec’s research indicates that 44% of organizations already have over a quarter of their physical security deployment in a cloud or hybrid-cloud environment, with 60% expressing a preference for hybrid-cloud as a long-term strategy. The industry will witness a growing interest in plug-and-play, cloud-ready appliances that streamline access to cloud services and enhance computing power at the edge.
Cloud data usage and associated costs will become focal points as cloud adoption continues to grow. Users will increasingly rely on cloud-managed appliances for storing data such as videos, presenting a lucrative opportunity for channel partners to offer added-value services and generate sustainable recurring business.
The proliferation of Industrial Internet of Things (IIoT) devices and associated data will drive demand for analytics. Organizations adopting an API-centric, open architecture with a unified approach will benefit the most, enabling them to combine and analyze diverse data sources to inform new strategies and maximize returns on tech investments. With the increasing volume of available data, organizations will seek ways to digitize and automate workflows, leading to a rise in demand for physical security solutions with embedded analytics, automation tools, and visual dashboards.
For a comprehensive view of the predictions, please visit: Genetec’s Blog.
