Access Control
The Rise and Fall and Rise of PSIM
February 9th, 2024Influx of Capital from Private Equity Powers Smart Building Tech Space
February 8th, 202410 Notable Physical Security Acquisitions in 2023
This Research Note reviews physical security acquisitions in the commercial smart buildings space over the last 12 months. We highlight significant M&A transactions in video surveillance, access control, electronic locking, alarm monitoring, fire detection & suppression, and life safety systems. 3 major transactions in the physical security sector were completed in 2023 – Carrier divested […]
Security Applications Drive Growth for Indoor Mapping Market
Indoor mapping and location analytics or real-time location systems (RTLS) are a set of technologies that enable the location of people and objects within buildings using a range of indoor positioning technologies. While designed for a variety of applications, including visitor or meeting room wayfinding and maintenance support, the technology’s various safety and security features […]
Zwipe Shifts Focus to Access Control in Major Strategic Pivot
In this Research Note, we examine the Norwegian biometrics specialist, Zwipe and its shift in strategic direction to focus solely on access control, announced on 16th January 2024. This article is based on their webcast presentation, 2022 annual report and selected announcements throughout last year. Founded in 2009, Zwipe AS is a technology supplier of […]
Carrier Portfolio Transformation: Update on Business Exits and Viessmann Acquisition
This Research Note reviews Carrier’s announcement to divest its commercial refrigeration business to Chinese manufacturer, Haier. This transaction is part of a series of divestments, brought about by the acquisition of Viessmann Climate Solutions. The state of play of Carrier’s portfolio transformation activities is assessed including the exit of the fire and security businesses. Carrier […]
Amazon One Enterprise’s Palm-based Access Control Assessed
Faces, fingers, and eyes have so far dominated the biometric access control landscape but retail giant Amazon is betting on palms to redefine the future of physical security. Initially released in 2020, the palm-based access control solution Amazon One has been gradually building momentum in the retail and hospitality sectors. Now the recent release of […]
Honeywell Strategy Update: Building Automation Business Acquires Carrier’s Global Access Solutions
On 10th October 2023, Honeywell announced plans to realign its business segments around three megatrends: automation, the future of aviation, and energy transition. This Research Note focuses on what this means for the smart buildings market. The US conglomerate’s perspective for organic and inorganic growth was further highlighted on a 1st December webcast, together with […]
The Multifactor Future of Access Control Authentication
In recent decades, the access control market has seen the introduction of numerous different forms of authentication to enhance security and the user experience. Our latest research does not expect this fragmented technology landscape to be solved by a single form of authentication, however. Instead we expect to see the continued rise of multifactor authentication […]
Paxton Access Control Business & Financials Examined
In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This analysis is based on 2022 company accounts, press releases and the latest Memoori market forecasts. Founded in 1985, with headquarters in Brighton, UK, the company reports over 430 employees in 12 countries. […]