Frost & Sullivan: Rising Demand for Secure Identity Management and Automated Emergency Procedures to Boost Convergence of Physical and Logical Security

LONDON, November 19 - In Europe, the security credential convergence market is driven by the
use of smart cards for both physical and logical access, video content
analysis for the automation of emergency procedures, and by the integration
of building management systems with security systems.

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New analysis from Frost & Sullivan (www.autoid.frost.com),
European Security Convergence Market, finds that the market earned revenues
of euro 700.5 million in 2008 and estimates this to reach euro 2,400.2
million in 2014. The following technologies are covered in the research:
smart cards, video surveillance and access control.

"Efficient allocation of security resources requires a risk-based
approach and greater transparency related to security strategy," notes Frost
& Sullivan Industry Analyst Matia Grossi. "On the one hand, the economic
recession is accelerating the process for increased efficiency, on the other,
commercial and government sectors alike are slowing down reorganisations or
technology migrations, which are likely to involve large capital expenditure
(CAPEX)."

There are many benefits that the convergence of physical and logical
security brings to an organisation, starting with enhanced security for
different types of assets (both intellectual and physical) to greater
efficiency and operation savings brought about by single-point provisioning
of multiple systems/applications and also immediate savings due to shared
infrastructure like cabling.

A fully converged system can also offer advantages in terms of
operational efficiency. However, in the current economic situation, companies
are curbing all non-essential spending, and this represents a major challenge
to stronger growth in the market in 2009.

"A fully integrated/converged system requires direct access to all the
security systems, information sources and databases; direct access to all the
applications," remarks Grossi. "In order to have full functional integration
of different physical and logical security systems, databases and
technologies involved, there needs to be adherence to specific regulations,
standards and protocols."

Ensuring all this is a costly exercise, and as the benefits are still
uncertain (in terms of return on investments), companies are putting a halt
on them until the economy has recovered. The first security or IT company, or
set of companies to develop a fully functional converged platform will enjoy
a strong competitive edge in the market.

If you are interested in more information about this study, please send
an e-mail to Joanna Lewandowska, Corporate Communications, at
joanna.lewandowska@frost.com, with your full name, company name, title,
telephone number, company e-mail address, company website, city, state and
country.

European Security Convergence Market is part of the Automatic
Identification & Security Growth Partnership Services programme, which also
includes research in the following markets: EMEA Biometrics Market, World
Mobile Video Surveillance Market and, European Video Content Analysis Market.
All research included in subscriptions provide detailed market opportunities
and industry trends that have been evaluated following extensive interviews
with market participants.

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European Security Convergence Market

M37F-11

    Contact:
    Joanna Lewandowska
    Corporate Communications - Europe
    P: +48-22-390-41-46
    E: joanna.lewandowska@frost.com

www.frost.com

Joanna Lewandowska, Corporate Communications - Europe of Frost & Sullivan, +48-22-390-41- 46, joanna.lewandowska at frost.com