Capital spending continues to open up in 2015, providing funding for security projects that may have been delayed from prior years. Overall, it was a solid year for the security industry.
From a SightLogix perspective, we have seen an increased rate of repeat business as existing customers expand the number of assets they need to secure.
Smart Thermal Cameras Provide Ideal Outdoor Intrusion Detection
2015 saw an accelerated adoption of thermal cameras with video analytics. This can be attributed to the growing market acceptance among integrators, specifiers and end users that smart thermal cameras represent the ideal intrusion detection solution for outdoor applications. At the same time, their performance has increased massively while prices continue to fall.
At SightLogix, we are particularly excited about the larger rollouts for outdoor security projects across a number of key verticals. We expect this to accelerate into 2016.
The security industry has always represented a relatively stable and growing market. Even so, as more devices become IT-enabled, the market adoption for these solutions will likely accelerate, bringing greater features and security benefits to end users.
See the full coverage of 2015/2016 Review and Forecast articles here
