HIKVision
Audio: China’s Security Industry Flexes Its Muscles!
May 3rd, 2016The Competitive Landscape of the World Video Surveillance Business
April 28th, 2016Western Video Surveillance Manufacturers Need New Strategies to Compete with the Chinese
One of the main findings in Memoori’s New Annual Report on the Physical Security Industry shows that business models need to be constantly fine tuned, in order to meet the needs of all stakeholders in the supply chain. The two major disruptive factors that bring about the need for change is the introduction of emerging […]
The Security Industry Promises Sustained Growth to 2020 but Major Differences Exist Across Sectors & Regions
Memoori’s new 2015 annual report on Physical Security shows that despite all the global economic uncertainty of the last 8 years the industry has grown at a CAGR of 7.82% since 2010. Our estimated total value of world production of Physical Security products at factory gate prices in 2015 was $27.2 billion. We forecast that […]
The Chinese Economy Splutters & World Stock Markets Dive – What Does This Mean For the Security Industry?
Everyone agrees that the Chinese economy is slowing down and the World Bank statistics showed GDP growth of 7.4% in 2014 and predicted in August that it will fall to just over 7% this year. If this figure proves to be accurate it is still 3.5 times more than the average GDP growth of many […]
3 Forces that will Determine the Future of the Security Business
During the last 3 years the competitive landscape of the physical security market has undergone significant change as prices have fallen and margins tightened. This is the result of the growing maturity of IP Networking products where innovation has become more incremental and product differentiation has been difficult to achieve. At the same time changes […]
The Chinese Video Surveillance Market – No. 1 Opportunity or No. 1 Threat?
In 2014 Chinese video surveillance manufactures sent out a strong message to the major western markets that they are moving up the value chain with better than “just OK” products at significantly lower prices than local offerings; And have extended and improved their distribution network to include System Integrators and provide local back-up services. 2 […]
Strategic Acquisitions Dominate Security M&A; Whilst Major Conglomerates & External Buyers lose their Appetite
In the last 6 years M&A activity within the security industry, has for the most part been driven by the major conglomerates through strategic buys to acquire new technology, expand their product range, or improve focus on particular vertical markets and regions in the world where demand is growing. However within the last 4 years […]
Leading Manufacturers of IP Network Products Having Difficulty in Seeing Through the China Smog
New Research from Memoori http://memoori.com/portfolio/thephysicalsecuritybusinessin2013/ demonstrates that the geographic distribution of sales of security products is clearly changing with Asia becoming the dominant region. A major change in the geographic distribution of sales is taking place with Asia delivering the highest rate of growth and increasing its market share. This is set to continue because […]
Homegrown Suppliers still Dominate the Chinese Security Market but are Things about to Change?
The Physical Security Industry has undergone significant structural changes in the last 3 years and this accelerated in 2012 driven by the need to combat the worst trading conditions for decades. The structure of the business has morphed not just to compensate or accommodate but also to meet and beat the challenge and deliver growth. […]