The Security Market
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The global security market
today has an estimated turnover of 62 billion dollars. The market is
fragmented and the seven largest players Assa Abloy, United Technologies,
Honeywell International, General Electric, Tyco International, Bosch and
Ingersoll-Rand accounted jointly for 25 percent of the market.
The remaining 75 percent is composed of smaller and usually local companies.
Urbanization, a sharp increase
in crime and the fear of terrorism are the three of the driving forces
behind growth in the securities markets for companies within security.
They all contributed and accelerated issue of greater safety up the agenda
of companies and got customers to demand more and more intellectual complex
solutions.
For SECURINESS the process of urbanization, for example, resulted in
expansion of the staff and competency areas that are among the main drivers
in the market
