Security

Emerging Technologies Contribution to Driving Security Industry Growth

Despite the fact that the world market for physical security products grew by 7.5% in 2015 according to Memoori’s 2015 Annual Report, there is an undercurrent of pessimism in some sectors of the business, because the rate growth has declined. This particularly applies to video surveillance cameras, where unit prices have fallen over the last two to three years; and with an accelerated decline in the last 6 months. Without a similar increase in volume growth then the value of business must decline in a saturated market. However the security industry is far from being saturated and potential demand for improved anti– terrorism measures, integration across all three branches of the business and value add services to deliver gains for the business enterprise, should release this latent potential. There are a multitude of technologies that support the physical security industry and all are currently active in developing and improving the performance of the industry. In […]

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