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Frost & Sullivan: IP migration to reduce false alarms
09.02.2012

New analysis from Frost & Sullivan on the Europe, Middle East, and Africa (EMEA) Intrusion Detection Systems Market, finds that the market earned revenues of €1.25 billion in 2010 and estimates this to reach €1.34 billion by 2017, mostly driven by revenues from the residential, commercial and critical infrastructure segments.

"First responders of IDS are increasingly ignoring alarm calls due to a high number of false alarms. Market participants are acknowledging this technological shortcoming in their systems and are customising their current product line with video verification cameras and black mirrors to reduce the number of false alarms," commented Frost & Sullivan Research Analyst Krzysztof Rutkowski.

According to the report, the IDS market will continue to be dull until the economy fully recovers from the recent downturn. The slowdown in the retail sector, where the majority of revenues are generated, has particularly affected the IDS market.

Reduced municipal spending along with poor economic conditions is further hindering the expansion of businesses and thereby, security system upgrades. However, the reduction in spending can be a double-edged weapon, as IDS is still cheaper than video surveillance and hence, more attractive to enterprises. With large sites constantly requiring security, the IDS market’s growth is inevitable.

Insurance requirements are another compelling reason for enterprises to install IDS, as insurers will refuse to cover enterprises that do not have security systems in place.

IDS producers must focus on acquiring business contracts from leading security service providers to enhance their business performance and visibility. They should also concentrate on the emerging EMEA economies to establish their brand and capture the highest market share once the economies are fully developed. Highlighting new solutions such as video analytics and video verification could also be profitable when entering these emerging markets.

Moreover, suppliers have to demonstrate that their products meet the standards required by the market. "With the lack of capacity to innovate, smaller companies will be negatively affected by the reinforcement of the new EN 50131 standards," notes Rutkowski. "This will create a higher demand for certified products supplied by well-known market participants."

Source: SecurityWorldHotel
www.securityworldhotel.com