ACaaS

Memoori’s 12th annual world report on the Physical Security Business estimates that the total value of Physical Security products at factory gate prices in 2020 was $31.7Bn, a decline of over 7% on 2019. Sales declined over all 4 quarters as a result of the COVID-19 pandemic. This has ended eleven consecutive years of growth […]

“Open” is not a term generally used to describe improvements in security but in this age of highly connected buildings, access control stands increasingly alone with it’s siloed and proprietary technology. Open access control is not particularly new, it has been over six years since Axis introduced its open Network Door Controllers, but they and […]

Within the last six months across the developed world, the tectronic plates of business have shifted fast. Caused in large part by the need to overcome the COVID19 pandemic through changes in people behavior. The world has entered into uncharted waters and a deep recession. The good news is that these changes have given the […]

We has charted the fortunes of the worlds physical security business over the last 12 years. Despite cycles of poor world trading conditions and slow economic growth it has delivered a compound annual growth rare (CAGR) of 6.6%; reaching 8% in its peak year of 2019. Then along came COVID-19. GDP has drastically reduced and […]

Our world annual report on the Physical Security business has charted M&A activity since 2008. Over the last few months we have published a few articles analysing the various outcomes that COVID-19 has caused the business during the first quarter of 2020. In particular we have looked at areas of the business that by 2021 […]

When we published our 2019 World Report on Physical Security at the end of last year, we forecasted an annual growth rate of 15% from 2020 to 2024 for both Access Control as a Service (ACaaS) and Video Surveillance as a Service (VSaaS). But by the middle of April 2020, the COVID-19 pandemic has caused […]

This article has been taken from Memoori’s annual report “The Physical Security Industry 2019″ and identifies the 5 most important factors that are helping to shape the future of the business. 1. The Widening Gap Between Video Surveillance Suppliers The gap between the major suppliers of Video Surveillance equipment and the many hundreds of smaller […]

Memoori’s latest global report “The Physical Security Business 2019 – 2024” estimates that investment in Access-Control-as-a-Service (ACaaS) in 2019 was about $620 million and of that approximately 40% was installed in North America. Demand is expected to rise to $1.6Bn by 2024 at a CAGR of 20%. By 2024 demand for VSaaS will have reached […]