Access Control
The Smart Building Space Attracts High Levels of Investment in Q1 2019
April 16th, 2019What is the Most Critical Buying Proposition in Physical Security Today?
March 29th, 2019
Researchers Find Hardcoded Password Vulnerability in Access Control System
“White-hat” cyber security company, Tenable, last month discovered a potentially catastrophic flaw in PremiSys, an access control system run by IDenticard. The hardcoded credentials that Tenable found in the firm’s devices provide administrator access to the entire service through an end-point that controls the system. This means that anyone with those passwords would be able […]
Public Key Infrastructure could Emerge as De Facto Credential for IoT Devices
You can’t just walk into a secure building and start tampering with the air conditioning or access control systems without proper authorization, such as a pre-registered ID from a trusted company. On the cyber-side of our smart buildings, however, security failings mean that hackers can virtually stroll into the building and access whichever system they […]
“as a Service” Gaining Real Momentum in Access Control & Video Surveillance
Access Control as a Service (ACaaS) and Video Surveillance as a Service (VSaaS) have long been touted as the next big thing in security. In 2018 they finally realised substantial growth and in the case of VSaaS, we believe the market broke through the $1Bn barrier. Some are forecasting demand will grow at a Compound […]
Building the Security Business Through Merger & Acquisition; Has it Delivered?
Memoori have been collecting and analysing global M&A data in the Physical Security Industry covering the last 18 years. This article looks at the trends that have taken place over this period driven by the need for consolidation built around innovative products that deliver solutions. We review the impact M&A has had on developing winners […]
Major Trends in the Global Access Control Market 2018
In 2018, the global Access Control product market realized a growth of 8% reaching sales of $7.45Bn. This is an average growth across the world and we believe that some western countries have well exceeded this figure. We forecast that it will grow by a CAGR of 7.5% / 8% to 2023 making sales of […]
Changes in the Structure of the Physical Security Market & Future Prospects
2018 has been a year of solid performance for the Physical Security Industry. Sales at factory gate prices have increased by 7.5% in 2018 reaching $31.55Bn, whilst the average annual growth over the last ten years has been 5.3%. In 2018 Video Surveillance products at $17.38 billion had a share of 55%. This could change […]
2018 Delivered Improved Growth in Security & Strengthened Foundations
Our new 2018 annual report on the Physical Security Business shows that the total value of world production of Physical Security products at factory gate prices in 2018 was $31.55Bn, an increase of 7.% on 2017. This is a solid improvement in performance for over the last 10 years the market has grown by a […]
Global Physical Security Product Sales will Reach over $31Bn in 2018
We have published a brand new report on Access Control, Intruder Alarm & Video Surveillance in 2018, forecasting to 2023; which brings together all the factors that are influencing the future of the security industry. The total value of world production of Physical Security products at factory gate prices in 2018 was approx. $31.55Bn, and […]
