VSaaS

When we published our 2019 World Report on Physical Security at the end of last year, we forecasted an annual growth rate of 15% from 2020 to 2024 for both Access Control as a Service (ACaaS) and Video Surveillance as a Service (VSaaS). But by the middle of April 2020, the COVID-19 pandemic has caused […]

Our latest report on the World Market for Physical Security shows that over the last 10 years a steady increase in the share of video surveillance equipment being traded through the Systems Integrator route to market, when analysed through 5 different channels of distribution. During this time a number of significant changes have taken place […]

This article has been taken from Memoori’s annual report “The Physical Security Industry 2019″ and identifies the 5 most important factors that are helping to shape the future of the business. 1. The Widening Gap Between Video Surveillance Suppliers The gap between the major suppliers of Video Surveillance equipment and the many hundreds of smaller […]

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 […]

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 […]

Memoori’s 2019 world report on the Physical security Industry shows that Video Surveillance product sales reached $19.15Bn in 2019 and could reach $35.82Bn by 2024. This growth is the highest we have ever forecast and is driven by a number of factors particularly the sales of AI Video analytics software now entering the commercial market. […]

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 […]

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 […]