2022
9
UK Security Equipment, Access Control and CCTV Market Report 2022
2022-10-19T04:07:38+01:00
OX1100325
1495
156606
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Report
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“Technological innovation promoting simplicity through providing interoperable products strategically catered to act as solutions to the COVID-19 pandemic has shielded and, in some cases, fostered growth within the industry. Refining…

UK Security Equipment, Access Control and CCTV Market Report 2022

£ 1,495 (Excl.Tax)

Description

“Technological innovation promoting simplicity through providing interoperable products strategically catered to act as solutions to the COVID-19 pandemic has shielded and, in some cases, fostered growth within the industry. Refining and controlling interoperability will further safeguard demand, despite future threats from inflation and a potential recession, as businesses look to purchase security equipment that facilitates energy-efficient solutions and negates staffing costs and shortages.”

– Jack Maskell, B2B Analyst

Key issues covered in this Report:

  • The growth, value, segmentation and forecast of the security equipment market.
  • Trends in the security equipment market’s development and the drivers of growth.
  • Analysis of the industry, employment and financial structure of the security equipment market.
  • Profiles of key companies in the market and their recent activity.

Table of Contents

  1. Overview

    • Key issues covered in this Report
    • COVID 19, inflation and the Russia–Ukraine conflict: Market context
    • Products covered in this Report
  2. Executive Summary

    • The five-year outlook for the security equipment industry
      • Figure 1: Five-year outlook for the security equipment industry, 2022-27
    • Market size and forecast
    • Technological innovation in response to the pandemic has ensured continued demand and a versatile platform for growth
      • Figure 2: Market size and forecast for the security equipment market, 2016-26 (£ million)
    • Market segmentation
    • IoT technological integration has shielded CCTV and access control growth
      • Figure 3: UK security equipment market value, by segment, 2017-2022 (£ million)
    • Companies and brands
    • Industry structure
  3. Issues and Insights

    • Interoperable technology is sustaining demand for ISMS control software
    • Collective control and the creating of a control mechanism of the security eco-system
    • ISMSs and the opportunity for producers to expand into cybersecurity
    • Security equipment is being accessed as a subscription service
    • AloT integration offers traditional security equipment a hybrid-like role
    • GDPR could pose a barrier for the movement of the industry into the IoT and AloT areas
  4. Market Size

    • Technological versatility responsible for market resilience during COVID-19 and future growth
      • Figure 4: UK security equipment market size, 2017-22 (£ million)
  5. Market Segmentation

    • Intruder and central-monitored alarms record the greatest losses over the pandemic, whilst the drive for IoT technology benefits access control and CCTV market
      • Figure 5: Security equipment market segmentation, 2017-22 (£ million)
  6. Market Forecast

    • Five-year outlook
      • Figure 6: Five-year outlook for the security equipment, access control and CCTV market, 2022-27
    • UK inflation, the cost-of-living crisis and the threat of recession will be an opportunity for further market growth rather than an obstacle
      • Figure 7: Market forecast for security equipment, access control and CCTV market, 2016-26 (£ million)
    • Inflation will drive technological innovation and promote the capitalisation of the physical security market
    • ISMS’s share essential to maintaining future opportunities
    • Shortages of key commodities involved in low-power technology could lead to industry cautiousness
  7. Market Trends

    • ‘Greener’ security equipment inspires a new innovation overhaul
    • Expansion into green IT can yield dividends by promoting clean products, greater financial opportunity and ensuring cost-effective solutions
    • IoT software in ISMS boosts organisation and efficiency of security equipment
    • AIoT is helping to expand and solve the issues of IoT
  8. Market Drivers

    • Controlling interoperability is driving ISMS as a necessity within the market
    • Green consciousness and energy-inflation anxieties replace COVID-19 as the drive for technological innovation
    • Technological innovation crafted for the pandemic is driving new demand as the pandemic wanes
  9. Industry Structure

    • Changes in industry structure
      • Figure 8: Analysis of changes in ‘security system services’ activities, 2017-21 (number of outlets and businesses)
    • Structure by employment
      • Figure 9: Analysis of the employment structure of ‘security system services’ activities, 2020 and 2021 (number of outlets, share of total)
    • Structure by turnover
      • Figure 10: analysis of the financial structure of ‘security system services’ activities, 2020 and 2021 (number of businesses)
  10. Company Profiles

    • ADT Fire & Security
    • Recent company activity
    • Financial information
      • Figure 11: Financial analysis of ADT Fire & Security, 2017-21, (£ million and %)
    • Honeywell Commercial Security UK
    • Recent company activity
    • Financial information
      • Figure 12: Financial analysis of Honeywell Security Group, 2016-2020 (£ million and %)
    • Hanwha Techwin Europe
    • Recent company activity
    • Financial information
      • Figure 13: Financial analysis of Hanwha Techwin Europe, 2016-2021 (£ million and %).
    • HID Corporation
    • Recent company activity
    • Financial information
      • Figure 14: Financial analysis of HID Corporation, 2016-2021 (£ million AND %).
    • Axis Communications UK
    • Recent company activity
    • Financial information
      • Figure 15: Financial analysis of Axis Communications UK, 2016-21 (£ million and %)
  11. Appendix – Data Sources, Abbreviations and Supporting Information

    • Abbreviations
  12. Further Sources and Contacts

    • Trade associations
    • Trade magazines and websites
    • Trade events

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

Market

Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.

Consumer

Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

Brand/Company

Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

Data

Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.

*databooks not available with UK B2B Industry reports.

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