9/11 Security Industry Impact Disappearingby 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:
- DHS Anti-terrorism grants cut 25% or approximately $700 Million
- Major defense contractor and suppliers reporting declines in revenue as government projects slow
- The recent budget agreement likely to reduce military 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.]
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
Rain Surveillance Shootout on Nov 26, 2014
Rain can ruin surveillance video, and your housing choice might be making it worse. In this test, we shot out the five most common form factors of outdoor housing: box, full size dome, minidome, f...
Resolution vs Compression Tested on Nov 24, 2014
They are not the same thing. Unfortunately, too many industry people conflate them. Worse, resolution and compression can silently undermine each other. The Impact Compare the two images below....
Camera DNR (Digital Noise Reduction) Guide on Nov 20, 2014
A significant video problem is night time bandwidth spikes. An IPVM study found 250 - 500% increase in bandwidth from day to night (see: Testing Bandwidth vs Low Light). Digital noise r...
Camera Labor Estimation Standard on Nov 19, 2014
IPVM is proud to release the first ever surveillance camera labor estimation standards. These standards help integrators improve the accuracy and efficiency of their installations, reducing risks ...
Dahua HDCVI 2.0 Tested on Nov 17, 2014
A strong initial reception but can it repeat? Dahua's initial HDCVI analog HD offering, with its super low cost and HD resolution, was extremely well received (see IPVM's HDCVI test results)....
Avigilon Analytic Cameras Tested on Nov 12, 2014
Analytics remains the 'next big thing' But supply of high quality, ease to use analytics remain in short supply. VideoIQ had been the favorite choice of integrators surveyed. But VideoIQ was acqu...
Best & Worst Manufacturer Salespeople on Nov 10, 2014
What manufacturers were rated the worst? Which the best? What do integrators want from their manufacturer salespeople? What offends them the most? New IPVM survey results of 100+ integrators an...
Testing Bandwidth vs Low Light on Nov 07, 2014
Bandwidth and low light can be a bad combination. Despite many assuming / calculating bandwidth as a single 24/7 number, bandwidth can vary dramatically. One of the big drivers of bandwidth chang...
Hikvision Tribrid Recorder Tested on Nov 05, 2014
HD over existing coax, IP and legacy analog cameras, all in a single recorder. A 16 camera 'tribrid' DVR that does all that for less than $400. This is what Hikvision is claiming with its 7200 se...
Camera Finder Released on Nov 03, 2014
The new Camera Finder revolutionizes camera selection. Search across 2100+ cameras for 40 criteria, immediately returning precise matches so you can find the best fit for your specific needs. Thi...