Security Control Room Market worth over $7bn by 2028

Security Control Room Market size is set to surpass USD 7 billion by 2028, according to a new research report by Global Market Insights Inc.
 

The market growth is driven by the rising demand for smart & advanced surveillance systems, such as cameras, defense robots, and drones, in the defense & military industry. Defense command centers collect data from these systems & devices to patrol and monitor border activities. Security control room provide several benefits including increased safety, improved aerial image quality, accurate machine-based control, and remote border surveillance. Furthermore, the increased need for video wall systems in defense command centers for big data visualization will also foster the market expansion for security control room. Several market participants are concentrating on strategic acquisitions to provide application-specific control room solutions.
 

The high cost associated with the installation and operation of security control room is one of the factors impeding the growth opportunities for market players. The cost is also associated with the multiple phases of constructing a new control room such as project programming, human-machine interface design, conceptual design, construction, and others. This will limit the ability of small businesses to invest in modern control room technology. Another constraint in the security control room sector is a lack of deployment expertise to dispatch an appropriate software solution in a control center. The creation of a comprehensive public safety solution necessitates the use of skilled individuals to operate software and analyze real-time data.
 

Rising demand for computer aided dispatch software in emergency operation centers will positively impact the market progression

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The software segment held a market share of around 25% in 2021 and is projected to witness 8% growth rate till 2028. The industry growth is credited to the several advantages offered in a control room environment such as call input, dispatching, status maintenance, event notes, field unit status & tracking, and resolution. These advantages have prompted software development firms to introduce innovative software solutions for application-specific requirements.
 

Browse key industry insights spread across 495 pages with 704 market data tables and 47 figures & charts from the report, “Security Control Room Market Size, By Offerings (Display {LCD [Liquid Crystal Display], RPC [Rear Projection Cube], LED [Light Emitting Diode]}, Projector {Liquid Crystal Display [LCD] Projector, Digital Light Processing [DLP] Projector, Light Emitting Diode [LED] Projector}, KVM Switches, Software, Services), By Application (Public Safety, Corporate Safety, Industrial Safety), By Industry Vertical (Manufacturing, Utility & Telecom, Transportation, Military & Defense, Healthcare, Mining), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/security-control-room-market
 

Favorable government initiatives to ensure public safety to spur the market value

The public safety segment in the security control room market is expected to grow at a CAGR of over 7.5% through 2028 due to the rising government initiatives to promote the installation of surveillance systems in public places to ensure safety. For instance, in July 2021, the Seoul government announced a new "Pilot Project" to combat suicides on bridges and public locations. The government intends to install AI-powered CCTV cameras with deep learning capabilities to recognize specific patterns. The AI system will notify a monitoring agent at a new integrated command & control center who will be responsible to notify the relevant authorities. Such activities will fuel the adoption of security control room for public safety applications during the forecast timeline.
 

Increased penetration of automation technologies in the manufacturing sector will boost the market demand

The manufacturing segment is anticipated to expand at more than 7% CAGR during 2022 to 2028 led by the rising acceptance of IoT-powered automation technologies in manufacturing facilities. It supports advanced and predictive analytics to help manufacturers understand the huge volume of data generated during the manufacturing process. Several market players are working on wireless surveillance and security management systems to properly monitor factory operations.
 

Growing transformation of smartphones as remote security control room solutions in APAC region to accelerate the market revenue

Asia Pacific security control room market is estimated to attain a CAGR of 8% by 2028 on account of the increased acceptance and implementation of smartphones as remote security control room solutions. According to the GSMA Asia Pacific Report 2021, the regional mobile industry’s contribution to the GDP surpassed USD 750 billion in 2020 and is poised to reach USD 860 billion by 2025. Smartphones serve as a one-stop solution for operating numerous IoT-powered surveillance & security devices including CCTVs, alarms, and sensors. The increasing use of modern technologies, such as 5G, AI, and IoT, in the region has increased the market demand for smartphones, propelling the industry progression.
 

Key companies operating in the market include Delta Electronics, Christie Digital Systems USA, Inc., Samsung Electronics, and Vertiv Group Corp. These leaders are constantly engaged in adopting new strategies, such as new product launches and acquisitions, to expand their product offerings.