X
Get all access to the world's best video surveillance information.
Logo
Free-book-promo-680-70

9/11 Security Industry Impact Disappearing

by John Honovich, IPVM posted on Aug 31, 2011 About John Contact John

Certainly, 9/11 was a monumental event for the US Security Industry with significant growth after the terrorist attacks. Indeed, many other countries have seen similar shifts after their countries attacks, most recently in India.

Both prioritization and spending on security increased sharply after 9/11. An excellent survey report of the post 9/11 Security Industry can be found in a September 2011 SSI survey article, "9/11 Makes Security Priority #1." As the title states, the report provides a series of anecdotes and examples of how security's importance increased after 9/11.

A few comments stand out:

  • Big jumps in spending, e.g., a "$20 million [project] turned into $35 million overnight"
  • Glamour of the industry, e.g., "The electronic security industry went from the outhouse to the penthouse"

Looking back over the last ten years, terrorist attacks were a seminal event. Certainly, they were not the only key event as the rapid maturation of consumer internet technologies - software, digital cameras and storage - all drove advances in the industry.

While it is difficult to precisely estimate the role of 9/11 in growing the overall security industry, undoutedbly it was a major positive factor.

The Challenges Looking Forward

While the past decade might be seen as the era of anti-terrorism, current factors indicate a regression to more historical normal attitudes to both terrorism and security. 

Below is a table that nicely illustrates the trend of declining terrorism concerns from Gallup

An August 2011 poll from a different source now claims Americans think economic issues are twice as important as terrorism.

Declining Anti-Terrorism and Defense Spending

We are already seeing significant signs of slowing security spending:

With greater economic concerns and fading memories about terrorism attacks, it is fairly sensible that a deprioritization of the security industry will occur.

[Update: A number of the 9/11 commemoration articles criticize anti-terrorism spending waste.]

Outlook

While improved technology will certainly continue to offer advances to the security industry, without any new threats, it is likely that security industry prioritization will recede significantly back towards pre-9/11 levels throughout this decade.

What Do You Think?






Most Recent Industry Reports

Lenel OnGuard Tested on Sep 17, 2014
Lenel is one of the biggest names in Access Control with many thousands of systems installed around the globe.  In this report, we examine Lenel's OnGuard access management platform, look how...

Testing Axis High End HD Camera Q1615 on Sep 15, 2014
Axis core focus is the high end of the market. Their newest high end camera is the Q1615, aims to continue that, which they claim offers industry leading image quality and novel features, such as: ...

Testing Avigilon ACC 5 VMS on Sep 10, 2014
In this report, we provide in-depth videos covering Avigilon Control Center 5's operation and configuration with 30+ minutes of screencasts providing clear explanations of ACC features including: ...

Testing March MegaPX Domes on Sep 04, 2014
March Networks has been one of the bigger names in video surveillance recorders for a decade, with significant adoption especially in banking and retail. For a number of years, since the Cieffe&nb...

Milestone XProtect 2014 Tested on Sep 03, 2014
In this third entry in our ongoing VMS test series we provide in-depth explanation and analysis of Milestone XProtect Enterprise 2014. Inside this report, we have 40+ minutes of video screenc...

The New Generation of Security Startups on Sep 02, 2014
New entrants to the security market are few and far between. However, there is one area that is clearly driving new security startups - crowdfunding. Crowdfunding has grown from a curiosity ...

IP Camera Firmware Upgrade Directory on Aug 28, 2014
Updating firmware can be one of the most tedious tasks involved in any IP camera system. It is not always clear what version is latest, what has changed or been fixed, and where to even download it...

Testing Hikvision High End Camera on Aug 27, 2014
Chinese manufacturer, including the two mega ones, Dahua and Hikvision, are best known in the West for super low cost, entry level cameras. However, how well do their 'higher end' ones one work? ...

A Major Flaw in Long Lenses and PTZs Found on Aug 26, 2014
Theoretically, long lenses should let you capture faces and license plates very far away. For example, over 900 feet away from a 1080p camera one should get over 40ppf from a 100mm lens. But how ...