Wellingborough, U.K. – 15 October 2012. A new report from IMS Research (recently acquired by IHS Inc. (NYSE:IHS)) forecasts the Americas market for security systems integration will exceed $30 billion in 2016, and will grow at an average rate of more than 7 percent from 2011 until then.
The report, which focuses on the installation and maintenance of security systems, finds that the U.S. is forecast to remain the largest market in the Americas throughout this time. However, faster growth is forecast for Latin America countries such as Brazil.
Paul Bremner, IMS Research market analyst and report author comments, “The Latin America market is a really exciting place right now for systems integration. A lot of technology providers are trying to establish themselves in this marketplace, including the large international systems integrators. In the U.S. it’s a different picture entirely and I believe we’re seeing the start of consolidation.”
The Americas security systems integration market remains highly competitive, with the largest five integrators accounting for less than 20 percent of the market. Also, the market is even more fragmented in some Latin American countries. Furthermore, competition is increasing with traditional IT integrators entering the security market and taking market share away from the established security systems integrators.
Bremner continues, “The security systems integration competitive environment is really interesting because the range of companies in the market is huge. At one end there are the enterprise integrators, like Johnson Controls and Siemens. At the other end, are five-man companies serving a product or geographic market niche.”
IMS Research’s report, Security Systems Integration – World – 2012 Edition, is to be released 15th October 2012, publishing in three regional volumes, the Americas, Asia and EMEA.
For more information please contact:
Paul Bremner
T: +44 (0)1933 402255
[email protected]
@PaulBremner
Contact details:
Europe
Niall Jenkins
T: +44 (0)1933 402255
[email protected]
US
Paul Everett
Tel: +1 512 302 1977
[email protected]
Asia Pacific
Bo Zhang
Tel: +86 21 6720 1823
[email protected]
IHS Media Relations
[email protected]
Tel: +1 303 305 8021
Alternative Contacts:
Europe
Ann Ruff
[email protected]
Tel: +44 1933 402 255
US
Stacy Hackenberg
[email protected]
Tel: +1 512 302 1977
Asia Pacific
Yvonne Zhang
[email protected]
Tel: +86 21 6720 1823
Follow us on twitter @IMS_Security
About the report:
The market for security systems integration is a highly fragmented market. It comprises both large multi-national companies and companies with only a handful of people. This unique report provides country level analysis for three different service types, as well as examining 10 different end-user sectors for various countries. The report also provides analysis by project type, integration type, transmission type, and end-user industries by service type.
This report is an essential tool for executives who are assessing or seeking an in-depth and highly detailed understanding of this very complex market, or who are attempting to understand the systems integration channel further.
To find out more, contact IMS Research:
[email protected]
T: +44 (0) 1933 402255
http://www.imsresearch.com
http://securitymarketintelligence.com
About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 6,000 people in more than 30 countries around the world.
About IMS Research (www.imsresearch.com)
IMS Research, recently acquired by IHS (NYSE: IHS), is a leading supplier of market research and consultancy to over 2500 clients worldwide, including most of the world’s largest technology companies. Established in the UK in 1989, IMS Research now has dedicated analyst teams focused on the factory automation, automotive, communications, computer, consumer, display, financial & ID, LED & lighting, medical, power & energy, solar PV, smart grid and security markets. Currently publishing over 350 different syndicated report titles each year, these in-depth publications are used by major electronics and industrial companies to assess market trends, solve marketing problems, and improve the efficiency of their businesses.
