Articles
Investment in Physical Security M&A Declined to its Lowest in a Decade
March 2nd, 2020Access-Control-as-a-Service Winning the Race to the Security Cloud
February 17th, 2020Major Trends in the Intruder / Perimeter Protection Market 2020
The Intruder Alarm / Perimeter Protection market (IA/PP) is at last shaking off its reputation of being the poor relative of the Physical Security business. It is now pushing forward by applying and connecting; radar, thermal / multi-sensor cameras, advanced sensor technologies, wireless technology and also deeper integration with video surveillance & access control. Although […]
How Long will the Video Surveillance “Great Wall of China” Hold?
Our recently published 11th annual report shows that the world market for Video Surveillance products is split between China having approximately 45%, and the Rest of the World (RoW) sharing 55%. As it currently stands, The Chinese Government restricts foreign investment and business in specific key industries and there are certainly regulations on foreign ownership […]
VSaaS & ACaaS Move to the Mainstream in 2019
Video surveillance and access control suppliers have continued to build up VSaaS (Video Surveillance as a Service) & ACaaS (Access Control as a Service) services over the last decade and recently major IT companies have invested heavily, targeting the physical security business. Now the supply structure is in place, these services are poised for significant […]
“In Time, Frictionless Security Will Become the Norm… But We’re Some Way Off”
“The explosion in connectivity over the past 15 years has fundamentally changed how we work, and equipped organizations with the technology and data to transform their offering at a relatively low cost. Today, companies can scrutinize their operations, services and environments to a degree that was unthinkable a decade ago – this paradigm shift is […]
Video Surveillance Will Open Up A Myriad Of Growth Opportunities Over The Next 5 Years
Memoori’s 2019 world report on the Physical security Industry shows that Video Surveillance product sales reached $19.15Bn in 2019 and could reach $35.82Bn by 2024. This growth is the highest we have ever forecast and is driven by a number of factors particularly the sales of AI Video analytics software now entering the commercial market. […]
Major Trends in the Global Access Control Market 2019
Memoori’s 2019 Physical Security report shows that the market for Access Control products reached over $8Bn this year, a growth of 8.2%. We forecast that by 2024 the world market will be worth over $12Bn, a CAGR of 8.48%. Demand has been driven by growth in IP Networking products, Access Control as a Service (ACaaS), […]
The State of the Physical Security Market 2019 to 2024
The physical security business has outstripped the growth of the world economy for the last 5 years and Memoori forecasts that it will increase its rate of growth over the next 5 years, despite the fears of a global recession starting in 2020. Demand has been built on the foundation that terrorism, crime, theft and […]
Global Video Surveillance Market is Unbalanced & This is Unlikely to Change Soon
Video Surveillance is a fast moving global business requiring high levels of R&D expenditure to stay competitive. Our latest report discusses how the global business has become unbalanced because of China. And how this is not a problem of technology or performance but at its core a geopolitical challenge. The main reason seems to be […]