ACaaS

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 […]

Video surveillance and access control suppliers have continued to build up VSaaS (Video Surveillance as a Service) & ACaaS (Access Control as a Service) services over the last decade and recently major IT companies have invested heavily, targeting the physical security business. Now the supply structure is in place, these services are poised for significant […]

Memoori’s 2019 Physical Security report shows that the market for Access Control products reached over $8Bn this year, a growth of 8.2%. We forecast that by 2024 the world market will be worth over $12Bn, a CAGR of 8.48%. Demand has been driven by growth in IP Networking products, Access Control as a Service (ACaaS), […]