Electronic Security

In this Research Note, we examine Verisure, the monitored security services firm that has recently completed its IPO. We highlight the transaction details, explore the business, based on its IPO prospectus and recent company presentations, before commenting on their strategic acquisitions in the self-monitored and professionally monitored security markets.  Transaction Details Verisure completed its IPO […]

This Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on investor presentations and their 2024 annual report.  This article highlights the financial performance and progress of the business in integrating the STANLEY Security acquisition and repositioning the group as a technology-based supplier of integrated solutions in higher growth markets. […]

In this Research Note, we examine Synectics plc, the listed UK provider of large-scale electronic security systems for critical and regulated environments. This article is based on their Annual Results, year ending 30 November 2023 announced on 27th February 2024, an InvestorMeet presentation on 29th February 2024, Annual Report 2023, and supplementary analysis. Based in […]

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 […]

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. […]

Until the late 20th century, people primarily relied on lock-and-key systems to control access in buildings. In the last 40 years, however, we have been introduced with new access control technologies that promise improved security and a range of features that elevate the occupant experience. From various versions of card and fob technology to QR […]

Almost two years on from the announcement that STANLEY Security was to be acquired in December 2021, this Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on Securitas investor presentations, 2022 annual report and Q3-2023 interim report, 7th November 2023. This article highlights the strategy, financials and progress of […]

The market for artificial intelligence (AI) enabled video surveillance cameras has seen rapid growth in recent years as the technology becomes more mature and commercially viable. According to estimates from our latest research, the adoption of AI cameras capable of running deep learning on-device will increase from 18% in 2022 to 52% by 2028. This […]