Did the Security Spending Boom Never Happen?

Author: John Honovich, Published on Sep 08, 2009

Almost a decade after 9/11, the questions and doubts on the security spending boom continue to increase. Did the boom never happen? And, even if it did, why is there such questions arising now.

The Mercury News, Silicon Valley's hometown newspaper is the latest to raise this question. The columnist specifically cites the quiet sale of GE Security's homeland defense business and contrasts that to expectations immediately after 9/11. This is similar to a thread from VentureBeat, another Silicon Valley related publication, who also questioned the financial performance of security companies.

** *** ********, **** ******** ******** ************* **** ********** ********** from **** */** ******** ********.******* ****** ********* ************ *** **** ******.

********* **** ** ********* ******* *** **** */** ************ **** vague. *******, ***** *** * *** ****** **** *** ** discerned:

  • ***** ************ **** *** ******* ** *** ******** ******* (** many ******** * **** ** **-**% *** *** ******). *******, this ****** *** ************* ****** ** ********** ************* ******** (** the ***** ****, *** **** **** **** ** ****, ** the ****** **** **** ** ** *****). **** ******* *********, video ************ ****** ***** **** **** ****** ******  *** ** poor ************* ********.
  • *** ****** ******** *** ******** ** *** ** *** ******* Europe *** *****. ** *** **, *** **** *** *** economy ********* ******** *** ** ***** ** ****** **** ***** initiatives *** ****** **** *** **** **** ****** ******* **********. Whatever ****** ********* *** ** ****-**** ** ******** ** ** matched ** ****-**** (******* * *********** ********* *****).
  • ** **** *******, *** ********** ** **** **** *** ********* fueled ******** ***** ****** ****-********* (**** * *** '**** ***') is *** ******* ** ** **** (****** ******* ** *** issues ********* *****.
**********, *** ******** ****** **** *** ** *** *********** ** investors *** ********** ** ******* ************ *** ***** *** ***** surveillance/security **********. **'* ****** **** ******* *********** **** **** ** start ******** ********* ** * ******** ******. ********* **** **** to ******* ******* *** ******** ****** ** ******* ******** ******** expenditures (***** ******* * *********** ********* *****).
Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Financials

Imperial Capital Security Investor Conference Review on Dec 08, 2017
Investment bank Imperial Capital holds an annual Security Investor Conference where 60+ companies present, including this year: IPVM bought a...
ADI To Be Spun Out of Honeywell on Oct 10, 2017
Honeywell has announced it will spin off ADI and its Home products division into a new public company. This is a big move for the mega-security...
Knightscope Financials Reveal Huge Increase In Expenses And Incorrect Accounting on Oct 02, 2017
Knightscope's H1 2017 financials are out, in the midst of their ongoing crowd funding approaching $17 million. In this note, we analyze...
FLIR Security Business Struggling on Aug 02, 2017
FLIR's security division is an ambitious mix of FLIR's core thermal business plus multiple acquisitions, including of retail / consumer offering...
Anixter - Falling Video Prices on Jul 26, 2017
Falling video prices are such a concern that it has become a notable topic for Anixter's financial results and Anixter's executives. In this...
Hikvision Stock Surges - Doubling In Past Year on Jun 29, 2017
Hikvision's stock, on the China Shenzhen stock exchange, has more than doubled in the past year, vaulting the company's worth to an astounding (for...
Manufacturer Revenue Directory on Jun 05, 2017
This report contains data on the revenue of 32 security manufacturers, trend analysis of whether they are gaining or losing ground and commentary...
Avigilon Shifts Strategy To Maximizing Profitability (Q4 2016 Results) on Mar 01, 2017
Avigilon had previously been known for big spending, hiring a large sales force and throwing lavish partner parties at tradeshows like ISC West....
FLIR Security Revenue Reviewed on Oct 31, 2016
With acquisitions of Lorex, DVTel and ISD, adding to their core thermal offerings, FLIR has been building up its presence in the security / video...
Hikvision Declares No Subsidies But Financials Show $189 Million Subsidies on Oct 13, 2016
Hikvision alleges that they receive no subsidies but their own financial records show $189 million of subsidies in 2015. Hikvision 'overseas' has...

Most Recent Industry Reports

Testing DMP XTLPlus / Virtual Keypad Vs Alarm.com & Honeywell on Dec 13, 2017
DMP has a strong presence in commercial intrusion alarms, but not in residential. However, the company's XTLPLus wireless combo panel and Virtual...
Hiring Camera Calculator Product Manager on Dec 12, 2017
We are working on making the Camera Calculator even better and hoping you can help us find the right person to join our team. IPVM is hiring a...
Testing $20 WyzeCam, The Money Losing Amazon Vet Startup on Dec 12, 2017
This startup is perfecting the old adage: We lose money on every sale, but make it up on volume But it is no joke. The company, Wyze Labs, is...
Xiongmai New Critical Vulnerability - Same Manufacturer Whose Products Drove Mirai Botnet Attacks on Dec 12, 2017
The Chinese manufacturer whose products were primarily responsible for the 2016 Mirai botnet attack has a new critical vulnerability, confirmed by...
Robot Vandalism on Dec 11, 2017
Vandalism of security systems is a common concern. It is so common that camera vandalism statistics show that designers routinely sacrifice camera...
Access Controller Software Guide on Dec 11, 2017
Properly configuring access controllers software is key to a professional access system. These devices have fundamental settings that must be...
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...
Imperial Capital Security Investor Conference Review on Dec 08, 2017
Investment bank Imperial Capital holds an annual Security Investor Conference where 60+ companies present, including this year: IPVM bought a...
Integrator GPS Vehicle Tracking Statistics and Success Examined on Dec 08, 2017
GPS vehicle tracking is a growing but somewhat controversial topic. On the plus side, tracking may increases productivity by providing greater...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact