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01 February 2022

Security Market Niches with Good Prospects for 2022

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According to experts, alarm receiving centres and artificial intelligence video applications will be two of the main market niches in the security sector in 2022. They also highlight integrated electronic security and comprehensive training as key features for this year.

Paloma Velasco, Executive Director of the Spanish Association of Security Companies (AES), says that there will basically be two growth market niches in 2022: connections to centralised alarm monitoring stations and AI for video surveillance.

Connections to centralised alarm monitoring stations are growing exponentially every year. “In fact, in the last five, according to figures from the Police Central Private Security Unit, they’ve risen from 1.64 million in 2016 to 2.54 million in 2020. This segment also presents new business opportunities since the publication of the Fire Protection Installations and Fire Alarm Connections regulations.”

On the other hand, Velasco says that alarm receiving centres are a very important agent for private security in Spain. “During the pandemic, ARCs were found to be fit for purpose. The operators have had to work in challenging circumstances, and their professionalism has helped ensure business continuity. So, they’ll become an important asset in 2022 because they’ve earned the society’s trust.”

Regarding AI for video surveillance, the AES CEO says that this segment has had a tremendous boost during the pandemic. “On the one hand, because of all the solutions for people counting, capacity control, automated distancing management, people identification, temperature and symptoms checks, and the like. And on the other hand, local councils are working on becoming smart cities, and that’s where products for things like traffic management, parking control, automatic bollards and beaconing systems, low-emission areas, come in.”

Comprehensive Training

CEUSS, a business association representing security users, believes that the future niche markets are here now. On the one hand, “you have electronic security, and the ability integrate fully with a system that brings together the disparate security systems (intrusion, recognition, access control, fleet management, fire systems, access opening, crisis management coordination, and so on).”

And on the other, “comprehensive training for security managers, covering managerial functions together with the legal, technical and operational aspects of security (including personal, property, electronic, information, IT, reputational, organisational), crisis management, data processing, compliance and intelligence.”