Anixter Q1 2011 Security Sales Results Examined

By: John Honovich, Published on May 28, 2011

In this note, we examine the security sales results and growth of Anixter for Q1 2011. While Anixter is traditionally a large scale distributor in the cabling and electronics market, their security presence has increased significantly in the last few years. Q1 2011 was the first full quarter after the acquisition of Clark Security Products (paying $36.6 Million for a company with $115 Million in sales - primarily for door and access hardware [link no longer available]). The combination of Clark Security and organic growth in their security division combined for a 38% increase year over year.

A few key highlights from the Anixter Q1 2011 investor's call [link no longer available]: 

  • "Security sales grew an estimated 18% compared to the first quarter of 2010, exclusive of foreign exchange effects and the Clark Security acquisition."
  • "Sales from security products now account for 24% of our worldwide Enterprise Cabling and Security end market."
  • "The trends toward Internet protocol-based security systems continue to create growth opportunities in both video surveillance and access control. The technology shift toward IP has further raised focus on the importance of infrastructure capable of supporting the IP-centric, higher-bandwidth applications increasingly being deployed."

Total Security Sales

We estimate that Anixter annual security sales is approximately $700 - $750 Million. While Anixter does not disclose this specific category in their regular reports, this can be deduced from statements in the call transcript.

  • Anixter's overall revenue is ~$5.5 Billion to $6 Billion
  • Anixter's Enterprise Cabling and Security group generates about 52% of overall revenue - ~$3 Billion
  • Anixter says that security products are 24% of overall Enterprise Cabling and Security (~$3 Billion x 24%)

Of this nearly 3/4 Billion in Annual Revenue, we can not reasonably guess the breakdown between video, access, etc. That noted, relative to the size of the global market, shows how significant a sales force Anixter has become in the last decade.

Comments : Members only. Login. or Join.

Related Reports

Competing Against Siemens on Oct 16, 2017
Siemens entered the integration business with 15,000+ customers, through their acquisition of Security Technologies Group in 2001 [link no longer...
2018 Video Surveillance Cameras Overview on Dec 11, 2017
This report concisely explains the developments for surveillance cameras offered in 2017 and the state of offerings going into 2018, including...
XNOR.ai Terminates Wyze on Nov 27, 2019
Wyze has shocked the industry again - this time with a major setback. Just months ago, Wyze triumphantly added AI analytics to their ~$20 cameras,...
Camera Disruptor Wyze Enters Sensor / Security Market on Mar 28, 2019
Wyze, the company that has disrupted consumer IP cameras, combining American marketing and Chinese manufacturer, has just announced its expansion...
PRC Government Increases Hikvision Ownership on Nov 12, 2018
The PRC government - Hikvision's controlling shareholder - is increasing its ownership of the video surveillance giant amid sharp stock price...
Hikvision USA Giving Free Cameras In Biggest Flash Sale on Jun 26, 2019
Hikvision redefined sales promotions in the US video surveillance market, starting at the end of 2015, with across the board discounts. Now,...
Verkada Favorability Results 2019 on May 29, 2019
Verkada has taken the industry by storm with the fastest growing video surveillance sales organization ever and a half billion dollar valuation....
Vivotek Revenue Soars on Aug 05, 2019
Vivotek's revenue has soared so far in 2019, growing 45%. Inside this note, we examine import records and see who is driving Vivotek's growth...
Surging Wyze Raises $20 Million, Threat To Chinese Brands on Feb 01, 2019
The Seattle Startup that is disrupting consumer IP cameras with $20 pricing has just raised $20 million dollars (SEC Filing and company press...
Cisco Favorability Ratings - Positive In Networking, Negative In Surveillance on Jan 06, 2017
Cisco is the big name in networking, but they have not been able to leverage their brand and sizable sales channel in the security industry to the...

Most Recent Industry Reports

Sperry West / Alibaba Tablet Temperature Measurement Tested on Jul 07, 2020
In April, we ordered a ~$500 temperature tablet from Alibaba. We set it to the side while doing 18 other temperature screening tests but, after...
Video Surveillance 101 Book Released on Jul 07, 2020
IPVM's unique introduction to video surveillance series is now available as a 145-page eBook. Designed for managers, salespeople, and engineers new...
Startup Duranc Presents AI VSaaS on Jul 06, 2020
Duranc presented its system at the May 2020 IPVM Startups show. A 30-minute video from Duranc including IPVM Q&A Background on the...
Low Voltage Nation Wants to "Help You Carve Out A Fulfilling Career" Interviewed on Jul 06, 2020
It is difficult to make your way in this industry as there is little formal schooling. However, one person, Blake Urmos, the Founder of Low Voltage...
The Next Hot Fever Detection Trend - $100 Wall-Mounted Units on Jul 06, 2020
The first wave of the booming fever detecting market was $10,000+ cameras, now interest for ~$2,000 tablets is high and the next big thing may be...
Cisco Meraki Unlocks IP Cameras With RTSP Tested on Jul 06, 2020
Meraki opened up its cameras to 3rd party NVRs/VMSes by offering RTSP streaming because of "the need to solve a business problem". We tested...
Hikvision Illicitly Uses Back To The Future In Marketing on Jul 03, 2020
NBCUniversal told IPVM that Hikvision UK's ongoing coronavirus marketing campaign using NBCUniversal's assets was not allowed. Hikvision mass...
Verkada: "IPVM Should Never Be Your Source of News" on Jul 02, 2020
Verkada was unhappy with IPVM's recent coverage declaring that reading IPVM is 'not a good look' and that 'IPVM should never be your source of...
Vintra Presents FulcrumAI on Jul 02, 2020
Vintra presented its FulcrumAI object recognition and mask detection offering at the May 2020 IPVM Startups show. Inside this report: A...