SILVER SPRING, Md., Oct. 22, 2019 /PRNewswire-PRWeb/ -- The Security Industry Association (SIA) has identified and forecasted the 2020 Security Megatrends, which form the basis of SIA's signature annual Security Megatrends report defining the top 10 factors influencing both short- and long-term change in the global security industry.
The selection of 2020's Security Megatrends was based on fall 2019 focus groups and survey data gathered from top security industry business leaders, association leadership, key volunteers and speakers for the 2019 Securing New Ground (SNG) conference taking place Oct. 29-30 at the Grand Hyatt New York in New York City.
Each year, SIA produces the Security Megatrends report, which is made available to SIA member companies and registered attendees of SNG, the security industry's executive conference. The Security Megatrends are the top forces at play in security, expected to have far-reaching impacts on businesses across the industry. As such, these trends play an instrumental role in the insights and discussions at SNG, an annual conference bringing together the leading entrepreneurs, luminaries, CEOs and investors in the security industry for top-level information sharing, networking and business analysis.
For the second year in a row, cybersecurity was identified as the predominant trend shaping the security industry and a major concern for C-suite executives, government buyers, enterprise organizations, integrators and more. Moving up the list from being ranked fifth in SIA's 2019 Security Megatrends report to ranked second for 2020 was the trend of artificial intelligence (AI). Respondents noted AI's role underlying advancement behind nearly all technology promises.
A resounding number of respondents called for facial recognition to be added as a 2020 Security Megatrend, bringing the newcomer to the number-three position. Also new to the 2020 Megatrends are national security concerns and identity as the new perimeter.
The 2020 Security Megatrends are:
1. Cybersecurity Impact on Physical Security
2. AI
3. Facial Recognition
4. Emphasis on Data Privacy
5. Cloud Computing
6. National Security Concerns
7. Connectivity and IoT Everything
8. Workforce Development
9. Move to Service Models
10. Identity as the New Perimeter
"Cybersecurity resoundingly tops the list of Security Megatrends again for 2020. With the increased risk and frequency of cyberattacks, today's systems integrators and product developers are working to make sure that security solutions meet or exceed an organization's cyber-preparedness standards," said Scott Schafer, chairman of the SIA Board of Directors. "SIA also forecasts that the trends of artificial intelligence and facial recognition will dramatically impact the industry in coming years. Both AI and facial recognition are experiencing clear technology advancements, and SIA will continue to track the industry and consumer tech adoption rates and emerging applications for these dynamic Security Megatrends."
In addition to defining the latest Security Megatrends, the forecast for 2020 also denotes potential disruptors in the security industry and other forces at play that may have a clear impact on some or all businesses.
The official 2020 Security Megatrends report will be published in December 2019 and available online for download and/or purchase.
Each year at SNG, senior-level industry leaders and financial partners gather, trends are spotted, connections are formed and minds are opened. In addition to highlighting these Security Megatrends, SNG 2019 will feature keynote remarks from Dr. Steven T. Hunt, chief expert for work and technology at SAP; George Oliver, chairman and CEO of Johnson Controls; and Gary Shapiro, president and CEO of the Consumer Technology Association. The 2019 conference will also include featured presentations from Steve Jones, CEO of Allied Universal, and Brian Tuskan, senior director and chief security officer (CSO) at Microsoft Global Security; a panel of CSOs and senior security executives from major industries and public safety highlighting significant security risks and threats and how executives mitigate them; topic-focused leadership roundtables; and a lively networking reception. Learn more and register.
About SIA
SIA is the leading trade association for global security solution providers, with over 1,000 innovative member companies representing thousands of security leaders and experts who shape the future of the security industry. SIA protects and advances its members' interests by advocating pro-industry policies and legislation at the federal and state levels, creating open industry standards that enable integration, advancing industry professionalism through education and training, opening global market opportunities and collaborating with other like-minded organizations. As the premier sponsor of ISC Events expos and conferences, SIA ensures its members have access to top-level buyers and influencers, as well as unparalleled learning and network opportunities. SIA also enhances the position of its members in the security marketplace through SIA GovSummit, which brings together private industry with government decision makers, and Securing New Ground, the security industry's top executive conference for peer-to-peer networking.
SOURCE Security Industry Association
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