SECURITY MARKET REPoRT by n1884

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									                                                                   THE S EC U RITY INDU S TRY AS S O CIATION

Latin america
security market report
  THE EPS MARKET IN THE 6 LATIN AMERICAN NATIONS STUDIED WAS VALUED IN
  2008 AT ABOUT $704 MILLION
                 Chile 6%     Panama 3%


        Venezuela 8%                                                           Access
                                                             Fire Detection    Control
                                                                and Alarm       12%                                           Residential
                                                                   16%                                                           20%
            Colombia
              10%
                                                          EAS 17%
                                   Mexico                                            Video
            Argentina
                                    61%                                              37%
              12%
                                                                                                               Non-Residential
                                                                                                                    80%
                                                                   Intrusion
                                                                     18%




                                                                                                                                Retail, Finacial,
Increasing crime in Latin America is driving growth in the                     Key Findings           Public Sector
                                                                                                                                        &
                                                                                                                              Industrial Sectors,
physical security market, pushing the sector to nearly a                       •	 Size of the electronic physical     security market:
                                                                                                                                   Tourism
half billion dollars a year in Mexico alone.
                                                                                  •	 Mexico: $430 million
The comprehensive, 157-page Latin America Security Market                         •	 Argentina: $84 million
Report provides in-depth analysis of the electronic physi-                        •	 Colombia: $70 million
cal security (EPS) markets in Argentina, Chile, Colombia,                         •	 Venezuela: $57 million
Mexico, Panama and Venezuela. In addition to analyzing                            •	 Chile: $45 million
the demand for security products in these high-growth                             •	 Panama: $18 million
markets, it looks at each nation’s economy, demographics,
                                                                               •	 Video systems account for the largest segment of the
infrastructure and legal and tax environment.
                                                                                  physical security markets in the six nations, with a
“As we see in the news, security is a real concern in many                        combined market size of $263 million. Intrusion alarm
 parts of Latin America, and the report reflects this. Growth                     systems are the second largest segment at $124 million.
 in the electronic physical security sector is often significantly
                                                                               •	 About 80 percent of electronic physical security
 outpacing growth in the economy as a whole.”
                                                                                  revenues come from the non-residential market.
                               — Mark Visbal
                                   Research Director,                          •	 Local production of security devices is low.
                                   Security Industry Association
                                                                               •	 Demand for integration is increasing.


           Learn more about the Latin America Security Market Report on SIA’s Web site at www.siaonline.org/research

          Order your copy today by contacting Alain Taylor, SIA’s sales manager,
                      at (703) 647-8481 or ataylor@siaonline.org.
                            Member price: $1,500 | Non-member and associate member price: $3,000



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