Facial recognition, intrusion detection, digital evidence management, and visitor management solutions are on the radar of 15 per cent to 20 per cent of the surveyed firms.
According to findings from a survey conducted by Genetec, companies involved in purchasing, managing, or installing physical security technologies are gearing up to invest in various products throughout 2024.
The survey, which comprises sample sizes over 5,500 respondents across all global regions, including installers, manufacturers, consultants, and end users in the physical security field, shed light on key investment plans. Notably, over 30 per cent of companies are intending to invest in access control and cybersecurity-related tools. Additionally, between 20 per cent and 30 per cent are looking to bolster their security measures with video surveillance, asset and people tracking software, and incident management solutions.
Facial recognition, intrusion detection, digital evidence management, and visitor management solutions are on the radar of 15 per cent to 20 per cent of the surveyed firms. Furthermore, the report highlighted a growing trend in cloud technology adoption within physical security environments. In 2023, 44 per cent of end users reported that over a quarter of their physical security setups were cloud or hybrid cloud-based, marking a significant increase from the 24 per cent reported in 2022.
The embrace of cloud technology is notable for its usage in AI-driven applications, with over 20 per cent of end users already integrating machine learning AI or large language models (LLMs) into their physical security operations. Despite these advancements, the industry continues to grapple with challenges such as mounting cyber threats, supply chain constraints, and human resource issues stemming from the Covid-19 pandemic.
In response to the escalating demand for enhanced physical access control solutions, companies like BioConnect and Pan Pan have launched innovative products. BioConnect, a Canadian biometric authentication and security firm, unveiled a monthly subscription-based package called the Trusted Identity Service. This offering includes a compact device for building entrances and a facial authentication software platform, streamlining the security process without requiring individual enrolment.
Meanwhile, Pan Pan, a Chinese high-security door manufacturer under the Assa Abloy Group, introduced the Blade Star smart door featuring face and fingerprint biometrics for unlocking. Additionally, the door is equipped with dual screens for visitor screening and communication, adding an extra layer of security and convenience.
These developments underscore the dynamic landscape of physical access control, driven by technological advancements and evolving security needs. As companies continue to prioritise security investments, innovative solutions like those offered by BioConnect and Pan Pan are poised to play a pivotal role in shaping the future of physical security.
