Based on M&A data collected over the last 17 years on the Physical Security industry, our annual report shows a general upward trend in consolidation of the industry over this period with 4 cycles of rise and fall sometimes exaggerated by a number of billion dollar mega deals. In 2017 mergers and acquisitions at $6.213Bn looks like the start of a new wave of growth. The structure of the industry is still very fragmented with hundreds of small companies finding it increasingly difficult to compete. It looks inevitable that the general trend line of value and volume of mergers and acquisitions will continue upwards over the next 5 years. There is also a need for the leading western players in the Video Surveillance industry to go for scale and quickly. Merger and acquisition is the most appropriate strategy to achieve this. The reasons for this are both to fight off Chinese manufactures that are now […]