In December 2023, organizations faced the aftermath of pandemic-related disruptions, contending with labor shortages, supply chain issues, and an escalating threat landscape. Despite these challenges, leaders pressed forward with their risk management plans, setting the stage for the evolving landscape of the physical security industry in 2024.
- Collaboration Between IT and Physical Security Teams
- Accelerating convergence of physical security with IT beyond technology.
- Optimization of collaboration between IT and physical security teams.
- Strategies include expanding physical security departments with IT expertise and integrating physical security into IT oversight.
- Growing demand for unified, cloud-connected physical security solutions.
The increasing convergence of physical security with IT is not limited to technology alone. Organizations are actively optimizing collaboration between IT and physical security teams, recognizing the value of both skill sets. Strategies encompass the expansion of physical security departments with IT expertise, ensuring a holistic approach to risk management. Furthermore, there is a growing demand for unified, cloud-connected physical security solutions, providing comprehensive views of systems and evolving risks.
- Democratization of Physical Security Data
- Nearly 40% of organizations grappling with physical security labor shortages.
- Push for democratization of data to involve non-security personnel.
- Adoption of collaborative technologies for secure, limited-use applications.
- Aim to enhance workforce augmentation and expand the value of security investments.
In response to the challenges posed by physical security labor shortages, organizations are actively pursuing the democratization of data. This involves engaging non-security personnel through collaborative technologies, enabling secure and limited-use applications. The overarching goal is to enhance workforce augmentation and derive expanded value from security investments across the enterprise.
- Access Control Modernization
- Modernizing access control remains a top priority in 2024.
- Adoption of hybrid-cloud models for continuous innovation and cybersecurity updates.
- Increasing demand for open access control solutions.
- System unification for video and access control essential for operational efficiencies.
The modernization of access control stands out as a key priority in the physical security landscape for 2024. Organizations are actively adopting hybrid-cloud models to ensure continuous innovation and receive timely cybersecurity updates. There is a rising demand for open access control solutions, providing the flexibility to integrate various technologies. System unification for video and access control is deemed essential for achieving operational efficiencies.
Maximizing Hybrid-Cloud Investment
- Hybrid-cloud adoption surging, with 44% having over a quarter of physical security deployment in the cloud.
- Focus on optimizing cloud spend and exploring plug-and-play, cloud-ready appliances.
- Channel partners crucial for maximizing hybrid-cloud investments.
- Exploration of use cases beyond security with the help of channel partners.
The surge in hybrid-cloud adoption is a noteworthy trend, with 44% of organizations having over a quarter of their physical security deployment in the cloud. Organizations are directing their focus toward optimizing cloud spend and exploring the potential of plug-and-play, cloud-ready appliances. Channel partners play a crucial role in maximizing hybrid-cloud investments, facilitating exploration of use cases beyond security.
Building Public Trust in Cities
- Cities investing in crime-fighting technologies to address police staffing challenges.
- Technologies include vehicle investigation systems, situational awareness platforms, drones, and body-wearable devices.
- Growing commitment to building public trust and strengthening privacy efforts.
- Adoption of Privacy by Design solutions and partnerships with trusted technology vendors.
Cities are proactively investing in crime-fighting technologies such as vehicle investigation systems, situational awareness platforms, drones, and body-wearable devices to address challenges in police staffing. Simultaneously, there is a growing commitment to building public trust and reinforcing privacy efforts. This includes the adoption of Privacy by Design solutions and establishing partnerships with trusted technology vendors.
IIoT Growth and Data-Optimized Solutions
- Accelerated growth in physical security devices and Industrial Internet of Things (IIoT) sensors.
- Organizations opting for API-centric, open architecture, and unified physical security platforms.
- Rising demand for solutions with embedded analytics, automation tools, and visual dashboards.
- Empowering operators and digitizing workflows through data optimization.
The physical security industry is witnessing accelerated growth in the deployment of devices and Industrial Internet of Things (IIoT) sensors. Organizations are increasingly opting for API-centric, open architecture, and unified physical security platforms. There is a rising demand for solutions equipped with embedded analytics, automation tools, and visual dashboards, empowering operators and facilitating the digitization of workflows.
- Average cost of a data breach in 2023 was $4.45 million USD.
- Organizations turning to government directives and accredited certifications for technology decisions.
- Increased demand for government-approved, highly compliant physical security solutions.
- Showcase of commitment to cybersecurity for enhanced resilience.
Given the substantial average cost of a data breach in 2023, organizations are increasingly turning to government directives and accredited certifications to guide their technology decisions. There is a heightened demand for government-approved, highly compliant physical security solutions. This approach serves as a demonstrable showcase of commitment to cybersecurity, fostering enhanced resilience against evolving threats.
Implementing Cyber Defenses
- Despite improvements in cybersecurity practices, ongoing concern about cyber threats.
- Focus on implementing cybersecurity tools for automation, proactive risk detection, and real-time vulnerability identification.
- Strengthening cyber resilience as an ongoing focus.
- Emphasis on hardening physical security systems as a baseline necessity and ever-evolving specialty.
While improvements in cybersecurity practices have been made, there is an ongoing concern about the evolving landscape of cyber threats. In 2024, organizations are intensifying their focus on implementing cybersecurity tools geared toward automation, proactive risk detection, and real-time vulnerability identification. The emphasis remains on strengthening cyber resilience, recognizing the necessity of hardening physical security systems as both a baseline necessity and a specialty requiring continual adaptation.
As the physical security landscape continues to evolve, staying ahead of these trends is crucial for organizational resilience. For more information on how Maxxess Systems can help you navigate these trends and bolster your security strategies, contact us today. Our experts are ready to guide you towards innovative solutions that keep you at the forefront of the industry.