Annual revenues for custom electronic installations are between $13 billion and $14 billion, according to CEDIA, as relayed by CE Pro magazine. Another claim—20,000 to 22,500 U.S. companies “are installing CEDIA portfolio products in residential environments.”
The cover story on a recent issue of Security Distributing & Marketing was “State of the Market: Alarm Systems”—an article about the challenges and opportunities the alarm industry is facing.
Above: From SDMmag.com. The caption from that site read, “SDM asked dealers and integrators to indicate how they expect their level of spending on burglar alarm equipment in 2012 will compare with prior years…Prior-year figures are based on results of prior Industry Forecast Studies from each respective year shown.”
According to the article:
- “The industry is in the ‘next normal’…for interactive services and lifestyle-focused offerings.”
- “Retrofits, not new construction, show the most activity.”
- “Dropping prices allows a new focus on the middle market—but is also the reason more mass-market companies can eye the industry.”
The Telecommunications Industry Association (TIA) recently gave its 2012 Market Review & Forecast Overview. The market is $4.7 trillion.
According to a TIA news release, U.S. networking infrastructure spending is to hit $300 billion by 2015.
The news release also includes the following key facts:
- Global Internet traffic will quadruple by 2015
- In five years, mobile broadband traffic will be 35 times current levels
- U.S. spending on wireless and wired network infrastructure will grow to $296 billion by 2015
- The Middle East/Africa region will have 10% growth in telecom spending through 2015, followed by Asia Pacific at 9.5% and Latin America at 7.5%
- Spending on U.S. IT-based cloud computing will be the fastest-growing category
Key facts related to this trend include:
- In 2013 consumers will spend $108 billion on wireless data and $91.5 billion on wireless voice
- In 2011 consumers spent $73.6 billion on wireless data and $102.3 billion on wireless voice
- In Q4 2010, there were 101 million mobile broadband-dependent smartphones sold—versus 92 million PCs