(PRWEB) February 22, 2013
The total value of the world's security equipment market at factory gate prices in 2012 was $20.57 billion. Of this Video Surveillance products at $10 billion took a share of 49%. The developed markets of North America and Europe are losing market share to Asia and particularly China which will be the largest single market before the end of this decade.
The physical security industry in the first half of 2012 has well outperformed what most stakeholders had forecast despite setbacks in economic fortunes. We expect this to continue for the rest of the year. The continuation of the growth in 2011 has been driven by a combination of factors including strong growth in IP Video Networking products, buoyant markets in Asia and higher levels of penetration in vertical markets such as transport, retail and health and education.
This Report is the NEW 2012 Definitive Resource for Physical Security Market Research & Investment Analysis.
Learn how the industry is reforming in order to develop new security products and systems which will satisfy the end users need to reduce operating costs and move security from a cost center to one that delivers a Return on Investment.
Review the Future of Emerging Technology Drivers. The shift from analog to IP has accelerated through the recession, as both manufacturers and consumers focus their spending on technology that can be scalable and deliver IT Convergence to meet existing and future requirements. Game changing technologies which are expanding future business opportunities include; Wireless, Video Surveillance as a a Service (VSaaS) and Managed Video (MVaaS), Situational Awareness technology including Analytics, PSIM and PIAM.
There is an enormous latent demand for physical security products waiting to be exploited in the emerging markets of the world. China for example currently has a penetration of one sixth of the USA but this stood at one tenth in 2011, so the Chinese market is growing rapidly by using up this latent potential.
Companies mentioned: Tyco International, ADT, Honeywell, Siemens, Bosch, UTC, Scheider Electric, Pelco, Assa Abloy, G4S, Kaba Group and many more
For more information please visit http://www.researchandmarkets.com/research/t9gf2w/the_physical
Research and Markets
Laura Wood, Senior Manager,
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