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Recording: The Value of Smartness
October 20th, 2022Webinar: The Value of Smartness
October 12th, 2022
The Rise of Open Physical Security Interoperability
Integration of building systems has been a topic of continuous discussion for over 20 years. While numerous technology silos have been brought together through top-end proprietary software, none have had the variety, robustness, or price point to make a real impact on the mass market. In the physical security segment specifically, “integration” and “IT convergence” […]
Contract Security Services or ‘Security as a Service’?
Buyers of Access Control and Video Surveillance Services now have the choice of using Contract Security Service companies or the new breed of ACaaS & VSaaS suppliers now coming from the physical security manufacturing business, with many looking to sell direct to the end user. Both are delivering sophisticated services that are reducing the total […]
Access-Control-as-a-Service Winning the Race to the Security Cloud
Memoori’s latest global report “The Physical Security Business 2019 – 2024” estimates that investment in Access-Control-as-a-Service (ACaaS) in 2019 was about $620 million and of that approximately 40% was installed in North America. Demand is expected to rise to $1.6Bn by 2024 at a CAGR of 20%. By 2024 demand for VSaaS will have reached […]
VSaaS & ACaaS Move to the Mainstream in 2019
Video surveillance and access control suppliers have continued to build up VSaaS (Video Surveillance as a Service) & ACaaS (Access Control as a Service) services over the last decade and recently major IT companies have invested heavily, targeting the physical security business. Now the supply structure is in place, these services are poised for significant […]
The Smart Building ‘Future Proofing’ Opportunity
Most operational systems in buildings, from lighting to HVAC, last at least 10-15 years, and perhaps more. While there are ongoing maintenance costs to operate these systems, those ongoing expenses are small compared to the costs to replace core systems. Smart building technology can extend equipment life and improve performance, but vendors often run into […]
Changes in the Structure of the Physical Security Market & Future Prospects
2018 has been a year of solid performance for the Physical Security Industry. Sales at factory gate prices have increased by 7.5% in 2018 reaching $31.55Bn, whilst the average annual growth over the last ten years has been 5.3%. In 2018 Video Surveillance products at $17.38 billion had a share of 55%. This could change […]
Predictive Maintenance for Facility Management is Now at a Disruptive Price Point
This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. A wide range of HVAC equipment and service providers are competing for a slice of the IoT enabled business from commercial real estate owners and operators. The proliferation of machine learning and IoT platforms aimed at energy management, remote diagnostics and preventative […]