Security

Changes in the Structure of the Physical Security Market & Future Prospects

2018 has been a year of solid performance for the Physical Security Industry. Sales at factory gate prices have increased by 7.5% in 2018 reaching $31.55Bn, whilst the average annual growth over the last ten years has been 5.3%. In 2018 Video Surveillance products at $17.38 billion had a share of 55%. This could change significantly over the next 5 years with Video Surveillance increasing its share as the impact of AI Video Analytics starts to kick in. Access Control was expected to deliver a slightly higher performance than 8% as it further penetrated the IP Network business, also advancing further into biometric, identity management and wireless locking systems. Intruder & Perimeter Protection Business, the father of the physical security business, has through improved performance of radar, thermal and multi sensor cameras, significantly increased their contribution to growth. In addition, advances in sensor technologies, wireless technology and the integration with Video Surveillance, Access and outdoor […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Honeywell
Smart Buildings

Honeywell’s 2026 Automation Spin-Off: Brilliant Strategy or Risky Complex Move?

This Research Note examines Honeywell’s Automation & Control Solutions (ACS) businesses from 10 years ago, and highlights its evolution and major organizational changes since then, resulting in the forthcoming spin-off into an Automation public company.  We compare and assess the new organization, review its success factors and ongoing challenges, before providing our view on the […]

Neeve Smart Buildings 2025
Smart Buildings

Neeve’s Edge-Cloud Platform: Key Metrics & Growth 2025

This Research Note examines Neeve, the US startup offering an edge-cloud platform designed to enhance smart building operations by integrating operational technology (OT) systems into secure, connected environments. We highlight its founding as IoTium, before exploring its current offering, deployments, funding and partners, concluding with our view of the business. Neeve Profile Founded in 2015 […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.