HIKVision
Building the Physical Security Business Through Merger & Acquisition
January 9th, 2018Video Surveillance Raised its Game in 2017 Overcoming a Challenging Competitive Landscape
December 21st, 2017
Market Size & Major Trends in the Access Control Market 2017 to 2022
Access Control has over the last 5 years become a much more attractive business. It has realized the highest rate of growth of all physical security sectors over the last 2 years, partly because of moving into IP technology and improving product and management performance. It now has come to a crossroads. Will it now […]

The Global Market for Physical Security Products Will Reach $41Bn by 2022
Our New 2017 Physical Security Report shows that products at factory gate prices in 2017 were valued at $29.2Bn, an increase of approximately 5% on 2016. The report delivers market sizing data on 3 major product groupings; Access Control, Video Surveillance and Intruder Alarms. Of these 3, still largely independent businesses, Access Control has maintained […]
2017 Delivered Growth in the Physical Security Industry but Major Challenges Lie Ahead
Our 2017 Annual Report shows that the total value of Physical Security products at factory gate prices in 2017 was $29.2Bn, an increase of approximately 5% on 2016. This is a decline in growth from its peak in 2014 but an increase on the last 2 years. Over the last 8 years the market has […]

Video Camera Business Loses Focus, Caught in the Headlights of Oncoming Chinese Manufacturers
Chinese Manufactures will continue to dominate the mainstream video camera market unless western manufactures adopt viable strategies to meet the new challenges driven by customer needs. Just about every set of statistics that has been published in the last twelve months regarding the world market for video surveillance equipment shows that the world’s two major […]

Do Chinese Suppliers Set the Competitive Landscape for Video Cameras?
There are two main criteria which set the competitive landscape in the physical security business and they are scale/economics & technology/performance. In the first category the top two Chinese manufacturers of Video Surveillance equipment (Hikvision and Dahua) have during the last few years taken control here. They now dwarf their western competitors and have dramatically […]

What do the Axis Communications Financial Results tell us about the State of Global Video Surveillance?
Axis Communications recently reported a very positive Q1 2017 performance with net sales increasing by 29% and profit increasing by 53% with operating margin growing to 11.6%. Of course “one swallow does not make a summer” but Axis sales in two of their three main regions, the Americas and Asia have shown consistent growth since […]

Demand for Physical Security Products is Buoyant but Margins are Reducing Growth
Memoori’s analysis of the world market for Physical Security products in the first quarter of 2017 shows that demand is buoyant but sadly margins are at an all time low particularly for video surveillance. Growth measured by revenue looks like it will struggle to reach an annual growth of 6% based on results for the […]

Direct New Investment in the Physical Security Industry Fell in 2016
Our recent Report on the Physical Security industry identified 9 transactions by venture capital and notable security companies investing some $96.3m into physical security companies. Venture Capitalists have invested an average of $275m per annum in the physical security industry over the previous 4 years, so it’s rather disappointing to see it fall to $96 […]