Security Growth Conference March 8th and 9th - Santa Monica, California
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Overview | Market Share | Trends & Headlines | Key Players

Overview

Market Share

With the convergence of physical and logical security, the need to not only install but to provide ongoing service to increasingly sophisticated security systems increases. Systems integrators are increasingly focusing on the recurring revenue generated by continued service and support post-installation.

At the beginning of 2004, 51% of all commercial security systems are integrated. Of the 51%, 58% involved at least three security systems – implying that more systems are being interconnected.

The systems integration sector is growing at a top-line rate of 12% - 15%, which is among the fastest in the security industry.




Trends & Headlines

  • The systems integration segment, a market that is estimated by Lehman Brothers at $4.5 billion, is currently one of the most attractive segments of the security industry
  • The increasing sophistication and breadth of security devices as well as customer demand for fully networked security systems are driving the need for high-quality security systems integration
  • Trend towards the greater integration of building and security systems (providing HVAC, fire, security, controls)

Key Players

  • The Stanley Works
  • Siemens Building Technologies
  • Diebold, Inc.
  • ADT Security Services, Inc.
  • SimplexGrinnell
  • Johnson Controls
  • IR/Electronic Technologies Corp.

 

 

















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