Physical Security
Will the Pandemic Drive More Growth for Access Control as a Service?
March 5th, 2021Major Trends in the Intruder Alarm / Perimeter Protection Market
February 22nd, 2021
2021 Could See the End of the Pandemic But Not a ‘Return to Normal’ Trading Conditions
Our 2020-2025 World report on the Physical Security business forecast growth of 3% over the course of 2021. Whilst the pandemic has continued to cause havoc to normal trading / working practices, vaccination programs are gathering pace in many countries and there is more optimism that that the COVID-19 virus can be bought under control […]
Tishman Speyer ‘Latches’ on to the SPAC Bandwagon with Smart Locks
Every startup wants to grow and succeed, and traditionally that would take one of two routes. Either showing enough potential to be acquired by a larger firm that will run it independently or integrate it with its other business units, thereby giving the startup’s shareholders a windfall and giving the startup’s products the chance for […]
COVID Safety & Compliance Becomes Driving Force for Adoption of Smart Buildings
Every crisis is different, affecting specific parts of society and specific geographic areas. The COVID-19 pandemic is as global as crises get, but more specifically is has had its greatest impact on our communal indoor environments. Our buildings were the hubs of commercial and social activity across the world before the pandemic but over the […]
Access Control & Identity Management Withstand the Worst of COVID-19
Memoori has charted the performance of the Access Control business during the last decade, witnessing demand for products expanded by a CAGR of 8.2%; and at the beginning of 2020 reaching sales of $8.7Bn. It has been problematic to size the market with confidence in 2020 because the COVID-19 pandemic has not yet been controlled […]
COVID-19 Helps Drive Growth for Video Surveillance as a Service (VSaaS) in 2020
Memoori’s World Market 2020-2025 Report on the Physical Security business shows that all types of organizations across the world are investigating how they can leverage the Cloud to host security systems. Video surveillance and access control business suppliers have been building up VSaaS & ACaaS services over the last decade and more recently major software […]
COVID-19 Blurs the Line Between Workplace Safety & Employee Monitoring
Over the last decade, tracking, monitoring, and surveillance technology have advanced significantly to help us quantify and understand human behavior in buildings and cities. Enabled by artificial intelligence (AI), streams of camera footage can be analyzed to identify accidents or security breaches, for example. While several attempts have been made to bring this technology into […]
Coping with COVID19 – Its Impact on the Physical Security Business to 2025
Memoori’s 12th annual world report on the Physical Security Business estimates that the total value of Physical Security products at factory gate prices in 2020 was $31.7Bn, a decline of over 7% on 2019. Sales declined over all 4 quarters as a result of the COVID-19 pandemic. This has ended eleven consecutive years of growth […]
Investors Flock to Smart “Neighborhood Watch” Video Surveillance Startup
In 1964, 28-year-old Kitty Genovese was murdered outside her apartment in Queens, New York, while a reported 38 people saw or heard the attack, none of them called the police or tried to help her. This was the incident that inspired the first Neighborhood Watch scheme, a movement that spread across the US in the […]
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