The total sales of products within the video surveillance, intruder alarm and access control system sectors, reached 25 billion dollars during 2014, which shows a growth of 7.5 percent in comparison with 2013. 50 percent of the sales were video surveillance products, meanwhile intruder alarms and access control shared almost equally in the remaining 50 percent.

However, access control is a winner when it comes to fast growth, reaching a growth of 10 percent in 2014, tightly followed by video surveillance products (9.9 percent). The growth in the intruder alarm product sector is much slower, at only 2.5 percent, according to Mchale and Memoori.

“2014 was the first year that the growth for video surveillance products was lower than 10 percent”, said Jim Mchale during his speech at Sectech on March 24th.

In the Detektor TV clip Jim Mchale talks about how not only the channels of distribution are changing, but also the drivers for growth and the future focus for end users. He also talks about the ongoing trend that IP video vendors are moving towards the field of access control.

Watch the video clip here.