STANLEY Security releases 2022 Industry Trends Report

STANLEY Security has released its third annual Industry Trends Report, revealing the key themes that industry leaders expect will shape the security industry in 2022 and beyond.

The report – which includes insights from STANLEY Security’s experts, other leading security technology innovators and end users – reflects changes in the priorities of organisations as they emerge from the pandemic. In addition, it takes a deeper look at how security technology can be utilised to help support those priorities and redefine business operations.

Alongside key trends, the report discusses important findings from a recent survey conducted by STANLEY Security. The findings detail how organisations are more interested than ever before in implementing security solutions that can help them solve key business challenges.

“Security is much more than protecting organisations, assets and people; it can also offer organisations a competitive advantage,” stated STANLEY Security Global President Matthew Kushner. “The STANLEY Security 2022 Industry Trends Report focuses on just that – how technology and the insights it provides can empower businesses. It highlights how application and innovation within the industry can help organisations integrate security technology to become more proactive and efficient.”

With the continued adoption of hybrid working models across the globe, organisations will likely continue to navigate new complexities and concerns when it comes to managing on-site health, safety and security in 2022.

STANLEY Security’s survey identified that one of the top concerns of business leaders regarding embracing the hybrid model is the security of their organisation’s assets, including their inventory, equipment and facilities (72%). This was followed by keeping up with technology advances and continued digitalisation (69%) and the health and safety of their employees and customers (59%).

Two key trends of note that STANLEY Security predicts for 2022 include Navigating the Future of the Workplace and an ‘Always-on’ Approach to Security. Protection has now expanded beyond the threshold of the office to include employees’ homes. Therefore, in order to keep them safe and secure, organisations need to consider holistic solutions to ensure employees’ wellbeing, regardless of their desired working destination. Alongside this, as facilities are no longer fully occupied with hybrid working, businesses will also need greater oversight of security.

Doing more with less is no longer an option but a necessity for many. In the Industry Trends Report, STANLEY Security predicts Advancing the Era of Automation to be a key trend for 2022.

Organisations have increasingly limited resources, including time and labour. As a result, many are frequently turning to automation to accomplish tasks and achieve goals. STANLEY Security’s research identified AI, machine learning and advanced analytics as emerging areas of opportunity for organisations in 2022. The top reasons amongst business leaders for looking to implement these technologies include optimising their operations (78%), protecting their people (66%) and safeguarding their assets (66%).

This past year also saw supply chains thrown into crisis, causing delays and disruption around the world. STANLEY Security predicts that Protecting the Supply Chain will be a key trend in 2022 with AI, machine learning and security technology set to play a crucial part in helping to safeguard against future disruption. With so many applications of security technology across the supply chain, more and more organisations will begin leveraging them in 2022 and beyond.

One of the most exciting opportunities and predicted trends for the security industry in 2022 is the Intersection of 5G, security and IoT 2.0. The expansion of RTLS technology, widescale connectivity and accessibility of 5G and the power of IoT-enabled security solutions are expected to deliver immense operational benefits for businesses.

Of those businesses which have already integrated 5G technology into their operations, the most reported benefits were increased efficiencies with work process and outputs (72%), improved ways to process data (57%) and improved remote work capabilities (47%).

STANLEY Security’s research found that almost half (48%) of businesses surveyed are looking to adopt 5G technology over the next 18 months. This adoption will power a new generation of asset tracking and environmental monitoring solutions. More so, as devices become smaller, faster and less expensive, the population of IoT will grow exponentially, creating further opportunities for businesses.

To view the full report, which details ten key trends for the security industry in 2022, please visit: www.stanleysecurity.com/trends.