Pro-Vigil Survey: 71% of Businesses Haven't Incorporated AI Into Physical Security Despite Concerns of Rising Crime

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Jan 17, 2024, 09:00 ET

More than half are more worried about crime now than a year ago

SAN ANTONIO, Jan. 17, 2024 /PRNewswire/ -- Pro-Vigil, a provider of AI-enabled remote video monitoring, management and crime deterrence solutions, today published its "The State of Physical Security Entering 2024" research report. The fourth annual report revealed that despite a quarter of businesses reporting increased physical security incidents in 2023, security strategies continue to remain outdated. This is especially evident when it comes to the adoption of and education in artificial intelligence (AI) as a component of physical security strategies.

To better understand the physical security threats businesses are facing today, and what they're doing to combat them, Pro-Vigil polled operations leaders across a range of industries including construction, dealerships (car/truck/boat/RV), retail, and manufacturing, among others. Key findings from the survey include:

Businesses Slow to Adopt AI in Security Strategies

While businesses reported a slight uptick in the adoption of remote video monitoring (RVM) services in 2023, 71% have not integrated AI into their security strategy. 23% don't know if they're using AI.
29% believe AI can be a helpful tool in the fight against crime, while 57% aren't sure.
Yet, 72% said they aren't concerned about using AI.

Physical Security Incidents Impact Businesses' Bottom Line

25% of respondents saw an increase in physical security incidents in 2023, close to the 28% reported in 2022 and 2021, up from just 20% in 2020.
26% believe increased incidents can be attributed to a rise in local crime, while 23% say the economy is to blame.
32% of businesses said they experienced project delays because of physical security incidents, with 30% reporting damage to assets.

Perceptions of Crime in the Year Ahead

55% of respondents are more worried about crime than a year ago.
87% predict the number of physical security incidents will increase or stay the same in 2024, with 27% believing that number will rise.

To download Pro-Vigil's research report, "The State of Physical Security Entering 2024," please visit: https://pro-vigil.com/resources/2024-security-survey-report/.

About Pro-Vigil
Founded in 2006, Pro-Vigil provides AI-enabled remote video monitoring solutions to organizations across North America. The company provides both on-premises and mobile intelligent video monitoring systems, and 24x7 remote monitoring services. Unlike typical remote video monitoring services that require companies to make large up-front capital investments in equipment and installation, Pro-Vigil is pioneering the concept of Video Monitoring as a Service, where customers simply pay a monthly fee for monitoring services, with no capital investments required. Pro-Vigil is backed by The Riverside Company, a global private equity firm.

Media Contact:
Chris Ferreira
Email: [email protected]
Phone: (860) 604-0298

SOURCE Pro-Vigil, Inc.