Trends & Industry Issues

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This year, CEDIA is launching a new awards platform that streamlines the entry process. This new system walks entrants through each step of the submission, and project details can be entered in stages or all at once. 

They say that hindsight is 20/20. So as we go into the year 2020 it seems fitting to reflect back, while at the same time looking ahead at the most influential trends that shaped — or will shape — the security lock and door hardware market.

WESCO International Inc., a provider of electrical, industrial and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, and Anixter International Inc., a global distributor of network and security solutions, electrical and electronic solutions and utility power solutions, announced that their boards of directors have unanimously approved a definitive merger agreement under which WESCO will acquire Anixter in a transaction valued at approximately $4.5 billion. 

ONVIF, a global standardization initiative for IP-based physical security products, hosted its 21st Developers’ Plugfest late last year in Rome, an event that highlighted the continued demand for interoperable solutions.

CANASA has joined forces with the Global Life Safety Alliance to support and grow both CANASA and The Global Life Safety community at large. The Alliance is designed to connect, educate and advance the best practices of the security industry on a global level. 

The Security Industry Association (SIA), the leading trade association representing more than 1,000 companies and organizations developing and delivering security solutions, testified today before the House of Representatives Committee on Oversight and Reform. 

Canadian physical security specialist company TSI Security Inc. is joining the RHEA Group to create a portfolio of cyber and physical security solutions. Together, their products, expertise and experience will enable the combined team to offer a unique spectrum of security services to government departments and other industries across Canada and Europe. 

Vector Security Inc., a provider of intelligent mobile security and home automation solutions to homes and businesses, along with its Nashville-based ADS Security division, announced the promotion of Craig Leyers to president of ADS.

The U.S. Senate passed the Developing and Growing the Internet of Things (DIGIT) Act. This bipartisan bill, which unanimously passed the senate in the 115th Congress and was reintroduced in May 2019 by Senators Deb Fischer (R-Neb.), Brian Schatz (D-Hawaii), Cory Gardner (R-Colo.) and Cory Booker (D-N.J.), calls for the creation of a working group of federal entities and experts from the private and academic sectors tasked with providing recommendations to congress on how to facilitate the growth of connected IoT technologies. 

The 2020 Consumer Electronics Show (CES) took place last week, Jan. 6-9, in sunny Las Vegas, and while most physical security companies save their unveilings for March, when the security industry gathers in the same Sin City for ISC West, CES provided an interesting look at what sort of security products are appealing to the consumer right now — especially in the smart home.