The global burglar alarm systems market size is anticipated to reach USD 6.72 billion by 2030, registering a CAGR of 6.3% from 2023 to 2030 this is according to a new report by Grand View Research.

The demand for burglar alarm systems is expected to increase due to the growing popularity of smart homes, including intelligent security systems. According to the research, market players are likely to embrace business strategies such as partnerships, mergers & acquisitions to gain more market share. The increasing demand for a high level of security in residential complexes, commercial buildings, and industrial complexes is likely to fuel the need for the burglar alarm systems market in the coming years.

The wireless alarm segment is expected to exhibit the highest CAGR over the forecast period. Wireless security cameras have become increasingly popular due to their adaptability and ease of use. They are simple to put up and lower installation costs by eliminating wires or professional installation.

The hardware component sub-segment led the burglar alarm systems market in 2022. At the same time, motion detector sensors under the classification of hardware sub-segment are expected to witness the highest CAGR during the forecast period.

In 2022, North America represented the highest revenue share. Security alarm systems in households in North America are required to be registered with the police department. For instance, in some regions, for example, Oklahoma city, the police department does not investigate alarms generated by unauthorized security systems.

Some of the key players in this field that are also mentioned in the report include, ADT, Assa Abloy, Banhams, Dahua, Hikvision, Honeywell, Inovonics, Johnson Controls, Napco, Risco, Securitas, and Siemens.

Chief Technology Officer Hartmut Sprave will leave Mobotix AG at his request after five years of service, with his contract expiring on May 31, 2023, to take on new professional challenges.

He will be succeeded by Christian Cabirol, who will be responsible for all R&D focus areas and technology partnerships as key elements of a solution-oriented strategy based on “Made in Germany” quality and the highest cyber security.

Christian Cabirol has been working for Mobotix since 2016. He currently leads the development of camera software as a fundamental part of the R&D strategy. Cabirol will take over the Executive Board position from Hartmut Sprave by June 1, 2023, at the latest.

“I warmly welcome Christian Cabirol as the new CTO at Mobotix. He has an excellent understanding of the strengths that Mobotix possesses in both hardware and software development and how he can further expand them. Christan Cabirol’s strategic vision for developing value-added solutions will help expand sales worldwide,” said Toshiya Eguchi, Chairman of the Supervisory Board.

Siemens AG and Siemens Healthineers have provided immediate assistance of €500,000, respectively, to help the victims of the earthquake in Turkey and Syria and to support rescue efforts. In addition, both companies have called on their employees for donations – every euro donated by their employees will be matched.

“Our thoughts are with the victims, with their families, with all those affected,” said Roland Busch, President and CEO of Siemens AG. “We want to help, so we have. Together with Siemens Healthineers, we’ve already provided €1 million in immediate assistance. That’s a start. Siemens Caring Hands, our charitable organization, is currently surveying the situation to see what else we can do.”

Through Siemens Caring Hands e.V. the company’s charitable organization, the donations will be provided to selected relief organizations, which use the money to provide aid measures in the affected countries in the event of disasters – the measures range from tents and accommodation to technical support, food and drinking water, and basic medical care.

Qognify, a leading provider of Physical Security and Enterprise Incident Management software solutions, is being acquired by Hexagon AB.  With it headquarters in Stockholm, Sweden, Hexagon is a global leader in digital reality solutions combining sensor, software, and autonomous technologies. Hexagon acquires Qognify from Battery Ventures, a global, technology-focused investment firm.

Qognify was formed in 2015 when Battery Ventures acquired the physical security division of Nice Systems, thus creating a new brand in the market. In 2018, Qognify acquired On-Net Surveillance Systems Inc. with its brands ONSSI and Seetec, forming a leading global player in the physical security market. Qognify’s video management (VMS) and incident management (EIM) solutions are used by companies and organisations around the world to mitigate risk and reduce the impact of incidents related to security, safety and operations.

Steve Shine, President and CEO at Qognify, highlights the opportunity the acquisition creates for Qognify: “Joining Hexagon gives Qognify the ability to expand its footprint in the area of true enterprise-class physical security solutions – especially in key verticals such as public safety, infrastructure and transportation. Qognify will be able to leverage Hexagon’s geographic reach to address additional markets. The acquisition creates a solid basis for continuous growth and development, from which also existing customers and partners will benefit.”

Qognify will operate as part of Hexagon’s Safety, Infrastructure & Geospatial division. Completion of the transaction (closing) is subject to customary regulatory approvals.

Senstar, a leading provider of sensing and information management solutions for the protection of critical infrastructure, is pleased to announce it has been awarded a major oil pipeline project in Africa. The project will reinforce the security of a major pipeline.

“Senstar will provide a comprehensive perimeter intrusion detection system with the aim of equipping multiple sites with innovative fiber optic technologies. Together with local partners, we will work on a multi-layered solution that maximizes safety and security,” said Managing Director of Senstar, Fabien Haubert. “We will also be providing a range of support services to ensure a smooth, ongoing operation.”

With innovative perimeter intrusion detection systems (including fence sensors, buried sensors, and above ground sensors), intelligent video management, video analytics, and access control, Senstar offers a comprehensive suite of proven, integrated solutions that reduce complexity, improve performance and unify support. For over 40 years, Senstar has been safeguarding people, places and property for organizations around the world, with a special focus in utilities, logistics, corrections, and energy markets.

Motorola Solutions has acquired Rave Mobile Safety, a leader in mass notification and incident management that helps organisations and public safety agencies communicate and collaborate during emergencies. The company is based in Framingham, Massachusetts.

State and local governments and enterprises, including hospitals, rely on Rave’s cloud-native, customisable platform to support emergency coordination. Users can effectively communicate operational updates and alerts, such as health emergencies, lockdowns and evacuations, so people are better informed to take appropriate action.

The platform is also used by thousands of K-12 schools and higher education institutions across the U.S. Rave’s panic button solution can immediately provide real-time incident details and essential data like location to 9-1-1 call takers and first responders, and its incident management solution helps to coordinate the emergency response across school safety personnel, administrators and first responders.

The Rave platform will be integrated into Motorola Solutions’ technology portfolio, which includes access control, video security, body-worn cameras, critical communications, command center software and weapons detection solutions.

The global security market size is expected to reach USD 225.21 billion by 2030, growing at a CAGR of 8.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The adoption of security systems is increasing as the systems offer high-quality surveillance with optimised distortion. Illegal activities across the globe and stringent government regulations have led to a surge in the adoption of security systems.

New managed security services provide a cloud-native approach to securing communications between users on any enterprise application and device, regardless of location. Increasing competition in the market, owing to the introduction of advanced technologies, is driving the need for automation in organisations at various levels. In addition, the growing number of infrastructures across the globe has resulted in an increased demand for safety systems, such as access control systems and video surveillance systems for real-time monitoring.

Increased demand for high quality video

The increased use of cameras in various locations, such as airports, railway stations, and ports, for security purposes, is driving the demand for high-quality video cameras that enable effective monitoring. These systems have further been largely used by the military and defence sectors for surveillance purposes. As one might expect, the video surveillance systems segment led the industry in 2022 owing to the wide range of applications and efficiency of these systems, such as operational efficiency and improved security at premises. According to the researchers, the demand for security systems has been increasing over the years because of increasing security and safety concerns and the awareness of the adoption of advanced systems with real-time monitoring support.

North American dominates

The analysis shows that North America dominated the industry in 2022 and will remain dominant over the forecast period. The governments of various nations, such as the U.S. and Canada, have initiated the implementation of security systems and place an emphasis on cross border safety

In terms of end use, it is the military & defence segment that led the industry in 2022. The increased threat of terrorism and cross-border intrusions have impelled the military & defence sectors of various nations to implement the best security systems.

Some of the key players particularly mentioned in the research include, Assa Abloy, Apex Fabrication & Design, Apex Perimeter Protection, Anixter, Perimeter Protection Germany, Johnson Controls, Honeywell, Zabag Security Engineering, Teledyne Flir, and, Axis Communications.

Iloq has received a contract to deliver locking systems to all public schools in Gothenburg, which corresponds to 15,500 doors. The order is the largest so far for Iloq in Sweden.

During the first half of 2023, all doors of all public schools in Gothenburg will be equipped with Iloq’s S5 locking system. The locking system was introduced by Iloq in 2019 and is battery- and cable-free, just like Iloq’s other digital and mobile locking systems. The energy needed to confirm the authorisation and unlocking of doors comes from the kinetic energy generated when the key is inserted into the lock.

The locking system also minimizes costs and administration when it comes to key management. The administrator can update access to the schools’ doors in real time and members of staff only need one physical key in their hand to access them.

“We chose Iloq because costs and safety are important to us. We have previously had problems when an entire locking system had to be replaced when keys were lost. In the long run this is very costly; with Iloq, we avoid this,” explains Peter Granfeldt, Development Manager for security at the Elementary School Administration in the City of Gothenburg.

Iloq was founded in 2003 in Finland and has been an industry leader in the Nordics for a long time, and now also globally with a wide range of smart digital locking products. The order from Gothenburg’s Elementary School Administration is Iloq’s largest in Sweden and the second largest globally.