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Introduction

The global security industry is growing as governments and organisations invest to protect assets from known terrorist groups, unknown groups, international organised crime, and localized crime. The increasingly complex threat landscape provides opportunities for security companies across a range of sectors. The report gives an overview of the expected trends in the security industry in 2015, and will discuss areas such as growing safe city investment, increased border security, engagement with the cyber challenge, and the emergence of Internet of Things in public safety.

The following report provides Frost & Sullivan’s perspective on the security market in 2015. While we reference network security in this project, the primary focus is on homeland security and the critical national infrastructure market.

Top Predictions for 2015

Frost & Sullivan expects a minimum of significant cybersecurity acquisitions in 2015 as the threat increases, incidents become more widespread, public concern mounts, and end-users invest. The cybersecurity provider industry, jostling for market position, will continue to build its portfolio through acquisitions and partnerships.
While it is difficult to quantify what constitutes a major cyber event, in 2015 Frost & Sullivan expects the increasing trend for publically acknowledged cyber incidents to continue. By the end of the year, Frost & Sullivan expects that all the sectors that constitute critical national infrastructure will have been breached, from airports to utilities, government systems to oil and gas. This will extend beyond intellectual property (IP) theft to operational incidents and downtime.
Global border security investment will grow at over % in response to individuals and goods moving across borders. Increasing concerns over illegal immigration, displacement of people from conflicts, and the rising threat of terrorism moving across borders will lead to an increased focus on border protection.
The Internet of Things (IoT) and public safety case studies will become increasingly widespread in 2015, with the United States and Europe likely to tender and award significant contracts for IoT solutions and analytics. 2015 will be widely recognised as the year of market acceptance, although concerns over security will initially hinder rapid market growth. Frost & Sullivan expects upwards of significant case studies in 2015.
Wearable devices or body-worn video cameras will become ubiquitous across US and European police forces. The Michael Brown case in the United States has accelerated adoption, but the trend was fast developing before there was a call for greater police accountability. While body-worn video is able to ensure the safety of both officers and citizens, the trend towards wearable devices will feed the growth of IoT.
In 2015, Frost & Sullivan expects India to deliver on its commitment to improving city infrastructure and safety. At the end of 2014, after years of debate and little action, Mumbai announced its camera program. Now Surat and Mumbai are being addressed, and Frost & Sullivan expects more Indian cities to announce major programs in 2015.
Recent events in Australia, Canada, and France, coupled with increasing terrorism threat levels across the globe, will generate debate on intelligence and privacy. The increasing concern about privacy laws and technologically sophisticated terrorism networks will eclipse the backlash against the National Security Agency (NSA) and protection of personal data. Frost & Sullivan expects the use of Web intelligence and Big Data analytics to increase throughout law enforcement in 2015 as budgets are reconsidered. In parallel to this, we expect the legal process in at least one G20 country to be updated to allow agencies to more effectively tackle global terrorist networks.
While Frost & Sullivan believes investment will increase in Big Data analytics, IoT technologies, and integrated security solutions, we do not believe that there will be significant investment from law enforcement for unmanned aerial surveillance (UAS) in 2015. There will be some contract wins, but complications related to airspace exist, safety is a concern when flying over populated areas, and the return on investment not entirely clear. UAS will become widely adopted by law enforcement, but not in 2015.

Top Trends for 2015

Constraints on budgets and an increased focus on business efficiency will squeeze security provider prices with a focus on affordable security solutions that show a clear return on investment both for protection and operation.
There will be a greater focus and investment in technologies that provide situational awareness for fast moving emerging threats, especially for lone wolf attacks. Increased focus on citizen safety and protection of high profile targets.
The cyber problem will continue with a call for greater collaboration between government and industry, focus in the boardroom, and better cyber hygiene. Although this will improve, it will not grow in line with the growing cyber threats with CNI remaining.
As service models for security solutions will grow to handle growing need for storage of data, we will see more investment in cloud and services models such as infrastructure as a service (IaaS), video surveillance as a service (VSaaS), and software as a service (SaaS).
In 2015, there will be a growth of IoT in public safety and the growth of Big Data. This will drive investment in solutions and analytics that give actionable information and situational awareness to security end users across all segments.

Table Of Contents

2015 Outlook of the Global Security Industry : Global Political, Economic, and Social Challenges Drive Investment in Security Technology
Executive Summary 3
2015 Hotspots 8
Key Global Security Trends 13
Technology Trends 24
Security Segments 38
Regional Analysis 62
Key Conclusions 72

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