The global security equipment market is expected to grow in the coming years, especially in the video surveillance equipment category. Factors affecting that growth include the innovations and increased accessibility of smart home security systems and equipment. Smart home security equipment’s compatibility with phones, computers, and even cars has increased its convenience dramatically. Technology has become more reliable and easier to use while also becoming more budget friendly for average consumers. Security equipment companies are constantly making improvements to help consumers keep their homes and families safe.
Innovation in Security Equipment
Smart home compatibility
Many home security and equipment companies are making products compatible with smart home devices such as the Amazon Echo and Google Home. These smart devices also have phone applications, allowing consumers to stay in control both while at home and away. Security equipment compatibility with these devices and apps allow the consumer to arm and disarm their system, check in on their homes, families and pets, and even control lights, heating and cooling, and other smart devices. The smart home compatibility of security equipment brings consumers both convenience and peace of mind.
Artificial Intelligence
Artificial Intelligence (AI) is a rapidly developing technology that is becoming more common in everyday life. While AI technology in home security is in the early stages, its future looks bright!
“For example, security programs may someday incorporate geofencing, which creates a virtual, invisible border that triggers alerts if someone crosses it. Geofencing could allow parents to create a boundary around where a child can travel, such as the perimeter of their home and yard. If the child leaves that area, the parents are notified.”
In addition, AI could potentially be able to recognize the faces of consumers and their families and differentiate them from delivery workers, guests, and intruders.
Wi-Fi sensing
Wi-Fi sensing is one of the most cutting-edge technologies coming to the security equipment market. Rather than relying on video or audio, Wi-Fi sensing security equipment uses Wi-Fi waves to detect objects and motion in a given space. Because wifi waves can travel through walls and doors, line of sight would no longer be a security problem. This kind of audio visual recording free security technology would not only be more effective, but would also preserve the privacy of the consumer.
To read more about security equipment development and sales around the world, check out Freedonia Group’s March 2023 report, “
Global Security Equipment”.