Market Size & Trends
The security industry is growing at a faster rate than the Australian population - source: asial & abs
From 1996 to 2006, the number of security providers increased by 41% whilst the number of police officers increased by only 14%, and the overall population by almost 12% for the same period.
The current security distribution market is estimated at $1bn in 2014, with a growth expectancy of 5%pa over the coming years.
As technology continues to improve, so too does market penetration. The roll out of the National Broadband Network demonstrates the convergence of network and IP Video into this broader market.