We’ve just published our new report (6th Edition) on Access Control, Intruder Alarms & Video Surveillance in 2014, forecasting to 2018; which brings together all the factors that are influencing this industries future – http://www.memoori.com/portfolio/physical-security-business-2014-2018-access-control-intruder-alarms-video-surveillance/
The total world production value of security products at factory gate prices was $25.28 billion in 2014. Of this video surveillance products at $13.48 billion took a share of 53%, access control at $5.62 billion took 23% share & intruder alarms at $6.18 billion had a 24% share.
In 2014 the combined product sales grew by 7.5% with growth in the video surveillance sector achieving 9.9%. Growth in the sales of Access Control has increased to 10% as it moves into IP Network systems & biometric & identity management systems; it could become the number one growth market in 2015.
The game changer in the Physical Security Industry is still IP, not just across video surveillance but now into access control & intruder alarms. The Physical Security industry is moving fast to an all IP driven business, which so far has vastly improved and extended the value propositions for its customers.
A major change in the geographic distribution of sales is taking place with Asia, specifically China, delivering the highest rate of growth and increasing its market share.
Leading edge manufacturers of the West are failing to get their share of this business, which is dominated by Chinese manufacturers. 2 of the world’s largest manufacturers of Video Surveillance products are now Chinese and they have within the last 2 years established a significant presence in Western markets.
At 239 pages with 27 charts & tables & ONLY $999, The Physical Security Business 2014 to 2018; Access Control, Intruder Alarm & Video Surveillance report filters out all the important conclusions, supported by facts, to demonstrate what is shaping the future of the security industry. You can learn more at the reports website; http://www.memoori.com/portfolio/physical-security-business-2014-2018-access-control-intruder-alarms-video-surveillance/
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