Is Access Control Nearly 400% Larger than Video?

Author: John Honovich, Published on Aug 08, 2010

A July 2010 Report on Electronic Security Systems makes a number of contrarian and shocking claims about the state of the market. For background information, readers may review the Freedonia Group's Marketing Brochure and an SSN interview with the report's author.

Key claims made in the report include:

  • Overall US electronic security market will grow from $10.9 billion in 2009 to $17 billion in 2014. The report does not identify if this is manufacturer revenue or total end user revenue. We suspect this is manufacturer revenue.
  • Access control represents 37% of the market today and will grow to 43% of the market in 2014. Access control CAGR will be 12.8% from 2009-2014.
  • CCTV represents only 10% of today's $10.9 Billion market (that is about $1.1 Billion). Video/CCTV will grow only at 7% to $1.6 Billion in 2014.
  • Quoted in SSN, the report author said "the 2009 economy was so bad, the market for video stayed essentially flat between 2004 and 2009."

These claims appear erroneous. First, US video revenue cannot be only $1.1 Billion. Axis alone generated over $100 Million 2009 US revenue. Pelco easily generates yearly a few hundred million US revenue. Moreover, the consensus among other analysts is that US video surveillance revenue is $3 Billion+.

Secondly, it appears impossible that access control revenue would be that much higher than video. For instance, an April 2010 SSI integrator survey records video as being 50% more popular revenue generator than access and having 50% more installs per month. We are not sure what the exact ratio of video to access sales. We could believe that total revenue was close. We find it impossible that access is 3 to 4x the size of video.

Finally, the report's claim that access control's growth rate would be almost twice that of video's is contrarian to say the least. As we examined in an August 2010 integrator survey, video absolutely dominates the list of future revenue generating opportunities.

Comments : PRO Members only. Login. or Join.

Related Reports on Access Control

Access Control Records Maintenance Guide on Jan 16, 2019
Weeding out old entries, turning off unused credentials, and updating who carries which credentials is as important as to maintaining security as...
Access Control Cabling Tutorial on Jan 15, 2019
Access Control is only as reliable as its cables. While this aspect lacks the sexiness of other components, it remains a vital part of every...
Avigilon Favorability Results 2019 on Jan 15, 2019
Since IPVM's 2017 Avigilon favorability results, the company was acquired by Motorola and has shifted from being an aggressive startup to a more...
Wavelynx Access Control Manufacturer Profile on Jan 10, 2019
Denver-based WaveLynx is not well known as an access reader manufacturer, but OEMs for big industry brands including Amag, Isonas (Allegion),...
Combating Vaping Epidemic - Halo Smart Sensor Profile on Dec 21, 2018
Youth vaping has become an epidemic, according to the US Surgeon General, while the market leader, Juul, just received a $12.8 billion investment...
ACRE-Acquired Open Options Access Company Profile on Dec 17, 2018
Who is the company ACRE is acquiring? In this note, we examine Open Options line for best customer fit, key features, pricing, and main...
Open Options Acquired By ACRE on Dec 17, 2018
ACRE is doing deals again. A year after they sold Mercury, they are buying another access control company - Open Options. In this note, we...
2019 Access Control Book Released on Dec 12, 2018
This is the best, most comprehensive access control book in the world, based on our unprecedented research and testing has been significantly...
Multi-Factor Access Control Authentication Guide on Dec 10, 2018
Can a stranger use your credentials? One of the oldest problems facing access control is making credentials as easy to use as keys, but restricting...
Top 2019 Trend - AI Video Analytics on Dec 10, 2018
160+ Integrators answered: What do you think the top industry trend will be in 2019? Why? AI / video analytics was the run-away winner with...

Most Recent Industry Reports

Cable Trenching for Surveillance on Jan 21, 2019
Trenching cable for surveillance is surprisingly complex. While using shovels, picks, and hoes is not advanced technology, the proper planning,...
Milestone Favorability Results 2019 on Jan 21, 2019
Milestone's favorability moderately strengthed, in new IPVM integrator statistics over their results from 2016. While the industry has been...
Intersec 2019 Live Day 1 - Massive China Presence on Jan 21, 2019
There’s a massive presence from Chinese or China-focused video surveillance firms, chiefly Hikvision, Dahua, Huawei, and Infinova, at...
The IP Camera Lock-In Trend: Meraki and Verkada on Jan 18, 2019
Open systems and interoperability have not only been big buzzwords over the past decade, but they have also become core features of video...
NYPD Refutes False SCMP Hikvision Story on Jan 18, 2019
The NYPD has refuted the SCMP Hikvision story, the Voice of America has reported. On January 11, 2018, the SCMP alleged that the NYPD was using...
Mobile Surveillance Trailers Guide on Jan 17, 2019
Putting cameras in a place for temporary surveillance where power and communications are not readily available can be complicated and expensive....
Exacq Favorability Results 2019 on Jan 17, 2019
Exacq favorability amongst integrators has declined sharply, in new IPVM statistics, compared to 2017 IPVM statistics for Exacq. Now, over 5 since...
Testing Bandwidth Vs. Low Light on Jan 16, 2019
Nighttime bandwidth spikes are a major concern in video surveillance. Many calculate bandwidth as a single 24/7 number, but bit rates vary...
Access Control Records Maintenance Guide on Jan 16, 2019
Weeding out old entries, turning off unused credentials, and updating who carries which credentials is as important as to maintaining security as...
UK Fines Security Firms For Illegal Direct Marketing on Jan 16, 2019
Two UK security firms have paid over $200,000 in fines for illegally making hundreds of thousands of calls to people registered on a government...

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