HIKVision
Blurring the Lines Between Physical Security & Smart Building Technology
January 6th, 2022The Best Opportunities for Physical Security Business Growth over the Next 3 Years
August 9th, 2021The Critical Factors That Will Deliver Physical Security Growth to 2025
In this article we discuss the 6 most important factors that will shape the future of the Physical Security industry through the next 5 years, which will require fundamental changes to business strategies. 1. The gap between the major suppliers of Video Surveillance equipment and the many hundreds of smaller suppliers gets wider every year […]
Future Trends in the Global Video Surveillance Market
The world market for Video Surveillance products was $19.1 billion in 2019 and accounted for 56% of the physical security products business. During the last 12 years it has been the largest and fastest growing of the three market sectors. In 2020 we estimate that demand has fallen to $18.1Bn. From 2020 it will grow […]
Progress Vs Privacy – A Tale of Smart City Development in China
The underlying premise of smart technology is that with enough data you can predict anything. Our smart buildings and cities are filled with sensors to gather as much information as possible in order to provide analysis that can fix problems, improve environments, and even avoid issues before they happen. The only real debate around this […]
How Long will the Video Surveillance “Great Wall of China” Hold?
Our recently published 11th annual report shows that the world market for Video Surveillance products is split between China having approximately 45%, and the Rest of the World (RoW) sharing 55%. As it currently stands, The Chinese Government restricts foreign investment and business in specific key industries and there are certainly regulations on foreign ownership […]
Major Trends in the Global Access Control Market 2019
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), […]
The State of the Physical Security Market 2019 to 2024
The physical security business has outstripped the growth of the world economy for the last 5 years and Memoori forecasts that it will increase its rate of growth over the next 5 years, despite the fears of a global recession starting in 2020. Demand has been built on the foundation that terrorism, crime, theft and […]
Global Video Surveillance Market is Unbalanced & This is Unlikely to Change Soon
Video Surveillance is a fast moving global business requiring high levels of R&D expenditure to stay competitive. Our latest report discusses how the global business has become unbalanced because of China. And how this is not a problem of technology or performance but at its core a geopolitical challenge. The main reason seems to be […]
Physical Security Business Strategies will Need to Make Some Fundamental Changes
This article reviews the 3 main product categories that make up the physical security business. It compares their structures and discusses the technology trends and demand drivers that will bring about further growth in this dynamic business. This analysis highlights what we believe are the 5 most important factors that will determine future strategies. The […]