Majors in the Security Business are Losing Share, Confidence and Ambition Whilst They Sit on Their Cash

The third quarter results of the major security players reported this month would suggest that the market for electronic security products and systems has not yet bottomed out. The decline in security sales, where reported, was around 15% compared with the same period last year. As also noted last month it is evident that the specialist suppliers such as Axis, L-1 Identity Solutions, Milestone and many others are still producing remarkable growth in sales given the present difficult trading conditions. These medium sized focused and well established companies have seen their growth decline but have confidently pressed on with expansionist plans. By comparison the major traditional global suppliers have cut back heavily on expenditure and have built up their cash reserves. We can deduce from this that the majors must now be losing market share whilst the market is becoming more fragmented, for there is no progress in consolidation which not surprisingly is well down […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $180 USD per year per user ( just $15 USD per month) for Access to Quality Independent Smart Building Analysis!

What Exactly Do you Get?

  • Read every article published in full and get unlimited access to our archive of over 1,400 articles.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Smart Buildings

Bringing Small Buildings into the Smart Buildings Market

The vast majority of buildings are small and not very smart, and it is their small size that limits their “intelligence” by restricting their access to smart building technology. A staggering 94% of US office space is housed in properties under 50,000 square feet, according to the latest data from Energy Star, and that proportion is […]


Building Better Fire Protection with Smart Technology

The destructive relationship between fire and buildings is as old as the history of buildings themselves. Fire protection has been a key reason for the development of new materials, construction methods, and safety protocols since the earliest buildings and each major fire acts as a trigger for innovation and regulation. The response to the Great Fire […]

Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

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

    1. Please enter a valid email

    2. Please enter your name

      Please enter company name

    3. By signing up you agree to our privacy policy