Security

Global Market for Security Products Worth $25.28 Billion in 2014, Forecasts Memoori Research

We've just published our new report (6th Edition) on Access Control, Intruder Alarms & Video Surveillance in 2014, forecasting to 2018; which brings together all the factors that are influencing this industries future - http://memoori.com/portfolio/physical-security-business-2014-2018-access-control-intruder-alarms-video-surveillance/ The total world production value of security products at factory gate prices was $25.28 billion in 2014. Of this video surveillance products at $13.48 billion took a share of 53%, access control at $5.62 billion took 23% share & intruder alarms at $6.18 billion had a 24% share. In 2014 the combined product sales grew by 7.5% with growth in the video surveillance sector achieving 9.9%. Growth in the sales of Access Control has increased to 10% as it moves into IP Network systems & biometric & identity management systems; it could become the number one growth market in 2015. The game changer in the Physical Security Industry is still IP, not just across video surveillance but now into access […]

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