Latin American Market Size Examined

Author: John Honovich, Published on Oct 14, 2009

The Security Industry Association has released a market sizing report for Latin America. The report provides breakdown by product category and country but does not provide forecast for future growth. Additionally, the report evidently does not include Brazil, the country with the region's highest total GDP. This is a significant omission and should be factored in when considering any of their numbers.

The Executive Summary lists a number of key findings:

  • The total market size for electronic physical security systems in 2008 is $704 Million USD.
  • The video surveillance market size in 2008 is $263 Million USD. Video surveillance is the largest segment, accounting for 37% of all electronic physical security system sales.
  • The report finds that lower cost Asian products are selling well in Latin America.
  • The report finds that 'packaged' solutions from a single manufacturer is generally preferred. Such preference is consistent with a focus on lower cost at the expense of lower extensibility and interoperability.


Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

Top 4 Biggest Problems Selling Access Control on Mar 23, 2018
We received 150+ responses from integrators when we asked them "What is the biggest problem you face when selling electronic access control?...
US / China Tariffs Impact on Video Surveillance on Mar 23, 2018
On March 22, 2018, the US issued a Presidential Memorandum on the Actions by the United States Related to the Section 301 Investigation, with 3...
Final Day - Save $50 - April 2018 IP Networking Course on Mar 22, 2018
Today, March 22nd is the last day to save $50. Register now and save. NEW - 2 sessions per class, 'day' and 'night' to give you double the chance...
Favorite Access Control Credentials 2018 on Mar 22, 2018
In this 2018 access integrator statistics result, which credential type holds the favored spot to unlock access doors? More than 150 integrators...
ISC West Bans Booth Babes on Mar 22, 2018
Booth babes, goodbye. Technically, ISC West banned them 2 years ago with a 'staffing attire' requirement but it looks like ISC West is going to...
Network Racks For Surveillance Guide on Mar 21, 2018
In this guide, we look at network rack infrastructure, one of the fundamentals of IP video surveillance. Inside, we cover: What is a rack unit...
Security Robot Sales Struggle on Mar 21, 2018
2 year ago, PSA Security CEO Bill Bozeman called security robots one of “the biggest game changers” in decades for security integrators. Just over...
Dahua Global Launch LeChange on Mar 20, 2018
Dahua is getting into the consumer video surveillance market globally, with "LeChange", an offering long available inside of China is now being...
Axis Z-Wave IP Camera Tested Poorly on Mar 20, 2018
Z-Wave is drawing notable interest for video surveillance use. In IPVM's initial coverage, 84% expressed interest in it, with nearly half being...

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