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2020 Industry Trends Report Highlights 'New Era of Security'

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STANLEY Security's report forecasts industry opportunities, challenges and trends in 2020 and beyond

STANLEY Security, a global integrator of comprehensive security solutions, today released its "2020 Industry Trends Report." This report – which includes survey data from decision-makers across North America and Europe, monitoring data from more than 400,000 STANLEY Security customers and insights from leaders across the organization – defines the major trends that may impact security consumers in the coming year.

"We're entering a new era of security in 2020 – one that is defined by change, disruption and innovation," said Matthew Kushner, president of STANLEY Security. "This report offers a deeper look into the demands, expectations and pain points of security professionals, as well as the emerging trends that we expect will change the way businesses view and manage their security."

New service models, cloud technology, network security, machine learning and more are among the trends featured in the 2020 Industry Trends Report.

Among the findings in the report are the top five pain points for security decision-makers, top five factors these decision-makers consider when choosing a security provider and the global industry average Net Promoter Score (NPS), a metric used to capture consumers' overall satisfaction and perception of a brand.

According to the report, the global industry average NPS is 26%, with scores across 12 countries ranging from as low as 4% to as high as 47%. The scores are based on survey data from 480 security decision-makers at enterprise businesses – defined as businesses with more than 250 employees – across North America and Europe.

"The report also highlights one of the biggest challenges in the security industry: Across the globe, businesses are largely passive about their security providers," Kushner said. "As we move into this new era, we're going to see more businesses treating security as a holistic solution, and one that aligns with their overall organizational strategy."

To learn more and download STANLEY Security's 2020 Industry Trends Report, please visit info.stanleysecuritysolutions.com/2020IndustryTrendsReport.

About STANLEY Security

STANLEY Security, a division of Stanley Black & Decker (NYSE:SWK), is a provider of integrated security solutions defining the future of the security industry. STANLEY delivers a comprehensive suite of security products, software and integrated systems with a strong emphasis on service. STANLEY is powered by a culture of continuous innovation, providing revolutionary technology and unmatched customer service to commercial, institutional and industrial businesses and organizations. We focus on complete customer transparency and operational excellence in the five customer touchpoints: account management, installation, service, monitoring and billing. STANLEY takes pride in our signature approach to doing business – offering global resources, with a local touch. As one of the world's largest and most comprehensive security providers, we're protecting what's important to you by designing, installing, servicing and monitoring an extensive array of products and solutions that span the entire security spectrum:

  • Intrusion Detection
  • Fire Alarms & Monitoring
  • Access Control Systems
  • Video Surveillance Systems
  • Systems Integration
  • Personal Safety and Security Response
  • Patient Safety Solutions
  • Business Intelligence & Analytics Solutions
  • Standards Development & Strategic Planning
  • Software Support, Consultation and Integration
  • System Design, Installation, Service and Monitoring

 

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