Automation and robotics is beginning to dent the way current workforces are employed. This change is starting to reflect already in certain industries such as manufacturing where grunt jobs are slowly being displaced by technology. Over
the next five years, the industry will witness the loss of 5 million jobs and gain 2 million new ones. Technology is at the forefront of bringing down conventionality. Security is a classic example, where the costs of labor are rising
yet the productivity and efficiency of the work delivered have been the same.
This brings an interesting conundrum for the employer, who is under constant pressure to reduce business costs towards improving profitability. Security robots address this problem by performing basic functions such as patrolling,
monitoring and surveillance at an enhanced level yet under minimum wage. This provides a compelling proposition for businesses and organizations to deploy robotic guards at points that demand physical security.
Security robots are feature rich holistic security systems that are built with components such as infrared vision, HD cameras, event detection systems, automatic license plate recognition systems, heat sensing, gas detection among
others. One of the key drivers for the growth in this segment of the robotics market is the ability of security robots to intelligently capture and transmit patrolling and surveillance data in real time. Typically, this feedback loop
was absent in traditional forms of security. The ability to perform continuous monitoring, patrolling and surveillance in both indoor and outdoor environments at lower costs is a key force behind mass market adoption.
Another vital aspect of deploying security robots is its physical presence. The presence of a robot that doubles as a marked law enforcement that can capture and transmit data real time is a persuasive case for agencies, organizations
and commercial entities to replace traditional forms of security. Coupled with this is a robot’s capabilities to be equipped with complimentary and supplementary functions that can extend its skill set in catering to dynamic scenarios
Security robots don’t provide just one function. They offer multiple. A combination of these functions in addressing critical issues of physical security is what makes not only applicable but also highly appealing. Over the next decade,
robotic security guards are expected to become a force to reckon with.
Security robots are at a key phase in market adoption. The results from the early adopters are positive and set to create the platform for mainstream market adoption. The disruption of a traditional industry through robotics is not
unforeseen and was expected. Robotic forms of security could be conventional in the future and the forecast period marks the initial push towards this. The market opportunity for security robots across the globe is considerable and
offers a stable and steady opportunity for service providers, security agencies, robotic manufacturers, distributors and resellers.
Arcluster forecasts this market to reach $2.71 billion in revenues in 2021, growing at a CAGR of 99.1% from the current year.