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Falling Budgets Stimulate Investment in Efficient Security Technologies for Critical National Infrastructure in the UK Finds Frost & Sullivan - In an uncertain economic environment, integrated security systems that drive down prices will be in demand - Frost.com
Falling Budgets Stimulate Investment in Efficient Security Technologies for Critical National Infrastructure in the UK Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2014/07/29 - In an uncertain economic environment, integrated security systems that drive down prices will be in demand - Frost.com.

   
 
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Continued, high threat perception in the critical national infrastructure (CNI) security market in the United Kingdom is driving increased investments in infrastructure security within the country. Protection of assets remains a top priority for the government, with sustained effort and planning to ensure the continuity of critical services throughout the country.

New research from Frost & Sullivan, titled Analysis of the United Kingdom Critical National Infrastructure Security Market, finds that the market earned revenues of £2.43 billion in 2013 and estimates this will reach £3.10 billion in 2019. The study covers security for the border and maritime, energy, mass transport, water, government, C4i (command, control, communications, computers, intelligence) first responder, and cyber segments.

"The implementation of numerous infrastructure development plans across all critical infrastructure sectors in the coming years will up the demand for robust security measures in the UK," said Frost & Sullivan Aerospace and Defence Research Analyst Katherine Evans. "Mass transport and energy, in particular, will require significant upgrades to security systems as cyber threats become more sophisticated."

Despite commitments to bolster the country's critical infrastructure, continued public spending cuts have reduced the funds available for the government and CNI operators to improve current services and facilities. This has had an impact on all CNI sectors, especially those that rely entirely on government budgets such as border control and first responders. Restricted funding will force end users to turn to technology to increase efficiency and to ensure the standards of protection and service delivery remain high.

End users with budget constraints will look for the most cost-effective security partnerships and endeavour to keep costs to a minimum by bargaining hard, thus spurring market competition. Intensifying competition will affect potential margins for security providers as they have to look to reduce prices to win projects and retain customers in times of financial uncertainty.

"Integrated security systems will become popular as they can drive down the price of security systems due to the fact that they are interoperable and come from the same supplier," noted Evans. "Fully integrated intelligence and security solutions are preferred to increase situational awareness and end user ability to mitigate and respond to threats."

If you are interested in more information on this study, please send an email to Edyta Grabowska, Corporate Communications, at edyta.grabowska[.]frost.com.

Analysis of the United Kingdom Critical National Infrastructure Security Market is part of the Security (defense.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Global Military Unmanned Aerial Vehicles Systems and Sensors Market Assessment, Global Oil and Gas Infrastructure Security Market Assessment, US Department of Homeland Security Budget, and Global Physical Security Information Management Market Assessment. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
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Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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Analysis of the United Kingdom Critical National Infrastructure Security Market / M9C2-23

 
 
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Falling Budgets Stimulate Investment in Efficient Security Technologies for Critical National Infrastructure in the UK Finds Frost & Sullivan

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Publisher Contact: Edyta Grabowska - Frost.com 
+48 22 4816203 edyta.grabowska[.]frost.com
 
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