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Our New 2017 Physical Security Report shows that products at factory gate prices in 2017 were valued at $29.2Bn, an increase of approximately 5% on 2016.
The report delivers market sizing data on 3 major product groupings; Access Control, Video Surveillance and Intruder Alarms. Of these 3, still largely independent businesses, Access Control has maintained its average growth of approx. 7% over the last 3 years, and now takes a share of 23.5% of the total business.
You can buy your copy of the report HERE right now, starting at just $1,500 USD for a single user license.
2017 has delivered an improved and more stable performance and all the main drivers are now in place to match the profitable growth achieved between 2010 and 2014.
However there are major technical and commercial challenges ahead that will stress the supply side and the shape and structure of the business will change significantly over the next 5 years.
The challenge that currently preoccupies most video surveillance companies is how they can operate profitably during the “race to the bottom” and survive. Commoditization of products continues to take hold it and requires a strategy that broadly focuses on either going for volume through the SMB market or brand through the enterprise business.
Increased penetration of IP Network systems, further advances into biometric readers, identity management and wireless locking systems have all helped deliver growth in Access Control. However there is some evidence that price pressures are also starting to bite here, and this will eventually have a negative effect on growth when measured by value.
At 301 pages with 30 charts & tables & ONLY $1,500 USD for a single user license, Our Physical Security report presents all the key facts and draws conclusions, so you can understand what is shaping the future of the Video Surveillance, Access Control and Intruder Alarm industries.