Difficult Times Ahead for Physical Security But Growth Opportunities Are Still Available For Those With The Right Products and Services

One of the most encouraging conclusions from Memoori’s 3rd annual report The Physical Security Business in 2011 is that the Physical Security Industry has out performed most of its peers; and despite a troubled economic climate it has increased revenues and profitability whilst merger and acquisition has surged by more than double in the last 2 years to $9.847 billion. This business looks like a very safe port in a storm. The total value of world production at factory gate prices was $19.17 billion. Of this Video Surveillance products at $9.1 billion take a share of 47%, access control at $4.41 billion took a 23% share and intruder alarms at $5.65 billion has a 30% share. The developed markets of North America and Europe are losing market share to Asia and particularly China which will be the largest single market by the end of this decade. The anticipated aftershock from the 2008 financial meltdown now […]

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