PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Rising Demand for Secure Identity Management and Automated Emergency Procedures to Boost Convergence of Physical and Logical Security - New analysis from Frost & Sullivan, European Security Convergence Market, finds that the market earned revenues of €700.5 million in 2008 and estimates this to reach €2,400.2 million in 2014
Rising Demand for Secure Identity Management and Automated Emergency Procedures to Boost Convergence of Physical and Logical Security

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/11/19 - New analysis from Frost & Sullivan, European Security Convergence Market, finds that the market earned revenues of €700.5 million in 2008 and estimates this to reach €2,400.2 million in 2014.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security/Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

In Europe, the security credential convergence market is driven by the use of smart cards for both physical and logical access, video content analysis for the automation of emergency procedures, and by the integration of building management systems with security systems.

New analysis from Frost & Sullivan (autoid.frost.com), European Security Convergence Market, finds that the market earned revenues of €700.5 million in 2008 and estimates this to reach €2,400.2 million in 2014. The following technologies are covered in the research: smart cards, video surveillance and access control.

"Efficient allocation of security resources requires a risk-based approach and greater transparency related to security strategy," notes Frost & Sullivan Industry Analyst Matia Grossi. "On the one hand, the economic recession is accelerating the process for increased efficiency, on the other, commercial and government sectors alike are slowing down reorganisations or technology migrations, which are likely to involve large capital expenditure (CAPEX)."

There are many benefits that the convergence of physical and logical security brings to an organisation, starting with enhanced security for different types of assets (both intellectual and physical) to greater efficiency and operation savings brought about by single-point provisioning of multiple systems/applications and also immediate savings due to shared infrastructure like cabling.

A fully converged system can also offer advantages in terms of operational efficiency. However, in the current economic situation, companies are curbing all non-essential spending, and this represents a major challenge to stronger growth in the market in 2009.

"A fully integrated/converged system requires direct access to all the security systems, information sources and databases; direct access to all the applications," remarks Grossi. "In order to have full functional integration of different physical and logical security systems, databases and technologies involved, there needs to be adherence to specific regulations, standards and protocols."

Ensuring all this is a costly exercise, and as the benefits are still uncertain (in terms of return on investments), companies are putting a halt on them until the economy has recovered. The first security or IT company, or set of companies to develop a fully functional converged platform will enjoy a strong competitive edge in the market.

If you are interested in more information about this study, please send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

European Security Convergence Market is part of the Automatic Identification & Security Growth Partnership Services programme, which also includes research in the following markets: EMEA Biometrics Market, World Mobile Video Surveillance Market and, European Video Content Analysis Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

European Security Convergence Market / M37F-11

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security/Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Security/Law Enforcement articles,
CATCH Visitors via Your Competitors Announcements!


Rising Demand for Secure Identity Management and Automated Emergency Procedures to Boost Convergence of Physical and Logical Security

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Security/Law Enforcement via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Security/Law Enforcement Most Recent Related Newswires:

Beretta Research and Innovation Center to Test New Safety and Security Technology in the U.S
Frost & Sullivan Highlights Scott Safety’s Introduction of Scott Sight - a Unique In-mask Thermal Imaging System for Firefighters
G4S Wins Contract Extension for Canadian Air Transport Security
G4S and Digital Barriers Announce Technology Partnership
FICAM Approved Symmetry Solution
AMAG Technology Symmetry™ Access Control Integrates with G4S RISK360® Incident and Case Management
AMAG Technology Announces Symmetry Blue Reader Range to Support BYOD Environment
AMAG Technology Releases Symmetry CompleteView Video Management System v4.6.2
G4S Cash Solutions Announces Strategic Alliance in ATM Engineering
Beretta Collaborates with McRee Precision on Limited Edition Tikka Rifle
2015 Brampton Business Excellence Recipient Kien Hoang Shares His Experience in Entrepreneurship
G4S Awarded New Kuwait International Airport Contract
G4S Philippines Wins Industry Award
Tokyo Metropolitan Police Selects Leonardo-Finmeccanica AW109 Trekker
Platesmart Technologies Receives 2016 Best of Oldsmar Award

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)