Gallagher Security Offers Predictions for 2024

Award-winning global security manufacturer, Gallagher, is sharing insights from their inaugural Security Industry Trends Report, which paints a larger picture of transition on the horizon in 2024.

Following a turbulent year in which supply chain disruptions, labor market shifts, and global financial uncertainty continued to rock the security industry, Gallagher’s Security Industry Trends Report predicts that the defining trend of 2024 will be an increasing speed of transition away from basic defenses to innovative solutions, a charge led by current global pain points.

“The security industry has been moving toward a digital change for years, and from what we’ve learned from End Users, Channel Partners, and Consultants across the globe, that change is about to take off. 2024 will be a year of escalating transition,” says Chief Executive, Mark Junge.

He continues: “The main points of friction are the lingering aftershocks from the pandemic, such as increases in theft, skills shortages, and supply chain disruptions. As education around innovative security solutions becomes more widespread, people are increasingly seeing how investing in these technologies can help alleviate pain points, and it’s changing how they see the potential of their security solutions to protect and to significantly contribute to wider business objectives.”

The Gallagher Security Industry Trends Report details what’s top of mind for End Users, Channel Partners, and Consultants for 2024, along with insights from Gallagher experts on what these trends mean for the future of the security industry.

Key takeaways from the report include:

How cybersecurity is affecting budgets and spend going into 2024

The key integrations End Users are prioritizing

How businesses are dealing with staffing and skills shortages

Why End Users and Channel Partners are at odds with cloud deployment

The ways in which data reporting is changing how businesses use security systems

Gallagher’s Security Industry Trends Report is free to download and can be accessed by clicking here.

Featured

  • The Next Generation

    Video security technology has reached an inflection point. With advancements in cloud infrastructure and internet bandwidth, hybrid cloud solutions can now deliver new capabilities and business opportunities for security professionals and their customers. Read Now

  • Help Your Customer Protect Themselves

    In the world of IT, insider threats are on a steep upward trajectory. The cost of these threats - including negligent and malicious employees that may steal authorized users’ credentials, rose from $8.3 million in 2018 to $16.2 million in 2023. Insider threats towards physical infrastructures often bleed into the realm of cybersecurity; for instance, consider an unauthorized user breaching a physical data center and plugging in a laptop to download and steal sensitive digital information. Read Now

  • Enhanced Situation Awareness

    Did someone break into the building? Maybe it is just an employee pulling an all-nighter. Or is it an actual perpetrator? Audio analytics, available in many AI-enabled cameras, can add context to what operators see on the screen, helping them validate assumptions. If a glass-break detection alert is received moments before seeing a person on camera, the added situational awareness makes the event more actionable. Read Now

  • Transformative Advances

    Over the past decade, machine learning has enabled transformative advances in physical security technology. We have seen some amazing progress in using machine learning algorithms to train computers to assess and improve computational processes. Although such tools are helpful for security and operations, machines are still far from being capable of thinking or acting like humans. They do, however, offer unique opportunities for teams to enhance security and productivity. Read Now

Featured Cybersecurity

New Products

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3