Security

Where are the Growth Opportunities in the Security Industry

Despite August being the silly season for business, this month has brought some encouraging developments. This would suggest the second two quarters of this year will experience a welcome acceleration of growth in security revenues in some vertical markets, technologies and geographic areas. The reason for this belief is not based on the many overly optimistic forecasts by market research companies that have sprung up this month but from qualitative and quantitative information delivered throughout the channels of distribution. Last month we identified that the second quarter results of public quoted security companies had shown growth in revenues and profitability and forecast a continued but subdued improvement in the second half of the year. This trend has continued this month with March Networks, Image Sensing, Newmark plc and VideoIQ, reporting improved financial performance this last quarter and optimism for the future. But possibly more convincing are the results from the integrator installers claiming increased levels […]

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