The need for unified, cloud-connected electronic security solutions will increase as cross-departmental collaboration expands. This unified, connected view will help teams gain a complete picture of systems and evolving threats, while also enabling them to use data more effectively.
Modernizing access control will lead technology investments
Modernizing access control will remain a top priority in 2024. To alleviate the complexities of upgrading, many organizations will shift to a hybrid cloud model or implement cloud-ready access control solutions. This will deliver
continuous innovation and cybersecurity updates that strengthen security from the door to the network.
We will also see increased demand for open access control solutions. Businesses are increasingly seeking flexibility to add and connect the best available technologies. This will include everything from building management systems and people safety and security solutions to mobile credentials.
Many organizations will also reach a critical point in managing separate access control and video systems. In their effort to achieve greater efficiency, leaders will take steps toward system unification. This will simplify system monitoring and maintenance tasks, leading to increased productivity and cost savings across the enterprise.
Hybrid cloud adoption will increase
During 2024, the cybersecurity industry will see a significant increase in hybrid cloud adoption among medium and large enterprises. A recent study of more than 5,500 cybersecurity professionals conducted by Genetec confirmed that 44% of organizations already have more than a quarter of their cybersecurity deployment in a cloud or hybrid cloud environment. Additionally, 60% of organizations say they prefer hybrid cloud as a long-term strategy.
As cloud adoption increases, there will be growing interest in new devices ready to connect to the cloud. These not only streamline access to cloud services but also enhance computing power at the edge.
We will also see a greater focus on cloud data usage and the associated cost efficiency. Users will increasingly utilize cloud-managed devices to store large amounts of data, such as videos. Organizations will seek the expertise of integrators to explore use cases beyond security to maximize their hybrid cloud investments. This will create a lucrative opportunity for integrators to concentrate their efforts on value-added services to help clients overcome new challenges while generating sustainable recurring business.
The growth of IIoT devices and associated data is creating a demand for analytics.
The market is experiencing a surge in the availability of electronic security devices and Industrial Internet of Things (IIoT) sensors. Organizations across various industries are enthusiastically adopting these technologies, not only to increase the diversity of data in their security deployments but also to connect isolated systems and retrieve valuable information.
Organizations that choose an open, API-centric architecture, along with a unified approach, will reap the greatest benefits over time. This will allow them to combine and analyze multiple data sources to help develop new strategies and maximize the return on all technology investments.
As the amount of available data continues to increase, many organizations will also seek ways to digitize and automate their workflows to support their operators. As a result, the demand for electronic security solutions with integrated analytics, automation tools, and visual dashboards will grow.
