Articles

The full capabilities of facial recognition technology are well-known, primarily through its use by the Chinese government, but its use in The West has so far been limited by regulation and public opinion. This winter, however, an operation by the UK’s London Metropolitan Police Force (MET) has implemented facial recognition to make a number of […]

Faces, fingers, and eyes have so far dominated the biometric access control landscape but retail giant Amazon is betting on palms to redefine the future of physical security. Initially released in 2020, the palm-based access control solution Amazon One has been gradually building momentum in the retail and hospitality sectors. Now the recent release of […]

In recent decades, the access control market has seen the introduction of numerous different forms of authentication to enhance security and the user experience. Our latest research does not expect this fragmented technology landscape to be solved by a single form of authentication, however. Instead we expect to see the continued rise of multifactor authentication […]

In this Research Note, we examine Paxton Access, the UK-based private company manufacturing electronic IP access control and video door entry solutions. This analysis is based on 2022 company accounts, press releases and the latest Memoori market forecasts. Founded in 1985, with headquarters in Brighton, UK, the company reports over 430 employees in 12 countries. […]

Until the late 20th century, people primarily relied on lock-and-key systems to control access in buildings. In the last 40 years, however, we have been introduced with new access control technologies that promise improved security and a range of features that elevate the occupant experience. From various versions of card and fob technology to QR […]

In this Research Note, we examine NAPCO Security Technologies, Inc., a building security products manufacturer of alarms & connectivity, locking and access control solutions. This article focuses on NAPCO’s competitive strengths, fiscal 2023 financials, recurring service revenues and their long-term goals. The company has a significant security presence in commercial settings, with around 80% of […]

Growth in the global video surveillance market has been tempered in recent years due to the impacts of the pandemic, geopolitical tensions and supply shortages. Total global revenues reached an estimated $30.4 billion in 2022, representing 4.5% growth but significantly lower than the 11.7% growth seen during the 2021 post-pandemic period, according to our research. […]

Almost two years on from the announcement that STANLEY Security was to be acquired in December 2021, this Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on Securitas investor presentations, 2022 annual report and Q3-2023 interim report, 7th November 2023. This article highlights the strategy, financials and progress of […]