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MARKET RESEARCH REPORT

MONITORING INDUSTRY IN LATIN AMERICA

2022

• STATE OF MONITORING TECHNOLOGIES IN LATIN AMERICA 2021-2022 • RANKING TOP 50 MONITORING COMPANIES 2022 • USE OF VIDEO SURVEILLANCE FOR MONITORING IN LATIN AMERICA • GROWTH AND OPPORTUNITIES IN THE MONITORING MARKET • OVERVIEW OF LATIN AMERICAN ECONOMIES (PANDEMIC - POSPANDEMIC)

© Latin Press, Inc., 2022 All rights reserved. No part of this work may be reproduced or incorporated into a computer system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the prior written permission of the copyright holders. Infringement of such rights may constitute an intellectual property offense. Original title: Market study Industry of Monitoring 2022. 1st edition: March 2022 Research and writing: Andrea Ochoa Restrepo Editorial Direction: Duván Chaverra Layout: Jhonnatan Martínez Avalo Graphics: Jhonnatan Martínez Avalo Photos: Pixabay

Table of Contents Monitoring Industry Market Research Report 2022: How it’s done?..................................................... 7 Introduction........................................................................................................................................................8 Chapter 1: Status of monitoring technologies in Latin America, 2021-2022...........................................12 Main segments of monitoring projects in 2021..................................................................................................13 Top monitoring brands most used in Latin America in 2021..............................................................................14 Imports by country of origin ..............................................................................................................................15 Imports by region and companies .....................................................................................................................16

Chapter 2: Company outlook ......................................................................................................... 18 Mexico.................................................................................................................................................................19 Central America and the Caribbean ..................................................................................................................21 Andean Region ...................................................................................................................................................22 Southern Cone ..................................................................................................................................................24 Consultant Perspectives .....................................................................................................................................26

Chapter 3: Ranking Top 50 Monitoring companies 2022............................................................. 32 Mexico.................................................................................................................................................................34 Central America and the Caribbean...................................................................................................................36 Andean Region ...................................................................................................................................................37 Southern Cone....................................................................................................................................................39

Chapter 4: Use of video surveillance for monitoring in Latin America...................................................40 Physical Security Market Forecast 2020 to 2025................................................................................................42 Video surveillance growth opportunities based on supply and demand...........................................................43 Video surveillance implementation by country...................................................................................................44

Chapter 5: Growth and Opportunities in the Fire Monitoring Market ..................................................56 Fire Detection Market Demand..........................................................................................................................58 Growth of remote monitoring in relation to IOT solutions.................................................................................59

Chapter 6: Rising freight and cargo prices: Why? ........................................................................ 62 Chapter 7: Overview of Latin American economies (pandemic-post-pandemic)....................... 66 Financial Markets Volatility Index........................................................................................................................67 Emerging Markets Bond Index 2020..................................................................................................................68 Year-on-year rate of change in world trade volume............................................................................................70 GDP growth in Latin America.............................................................................................................................72 Expenditure growth by component in Latin America ........................................................................................73 Future outlook.....................................................................................................................................................73 Inflation expectations 2020 and 2021.................................................................................................................77 Impact on the level of investment and capital flows in relation to the risk of financial .....................................78 Infographics: Exports and trade balance of Mexico and Central America 2020 ...............................................79 Mexico, Central America and the Caribbean ....................................................................................................80 Infographics: Exports and trade balance South America 2020..........................................................................87 Andean Region ...................................................................................................................................................88 Southern Cone....................................................................................................................................................92 Index of references................................................................................................................................... 96 MONITORING MARKET RESEARCH REPORT

CHAPTER 3

MONITORING INDUSTRY 2022

RANKING BY REGION

Reference index Sources cited: Inter-American Development Bank (IDB), “Revealing expectations in Latin America”, June 2020. Inter-American Development Bank (IDB), “Latin America overcomes the commercial impact of the pandemic”, Press release, June 3, 2021. Inter-American Development Bank (IDB), “Education in times of the coronavirus”, May 2021. World Bank (WB), “World Economic Outlook: Latin America and the Caribbean”, January 2021. Economic Commission for Latin America and the Caribbean (ECLAC), “The effects of COVID-19 on international trade and logistics”, August 6, 2020. Economic Commission for Latin America and the Caribbean (ECLAC), “Latin America and the Caribbean in the face of the COVID-19 pandemic Economic and social effects”, April 3, 2020. Economic Commission for Latin America and the Caribbean (ECLAC), “Preliminary Balance of the Economies of Latin America and the Caribbean, 2020” (LC/PUB.2020/17-P/Rev.1), Santiago, 2021. Economic Commission for Latin America and the Caribbean (ECLAC), Preliminary overview of the economies of Central America and the Dominican Republic in 2020 and prospects for 2021: February 2021 (LC/ MEX/TS.2021/2), Mexico City, 2021 . Economic Commission for Latin America and the Caribbean (ECLAC), “Sectors and companies facing COVID-19: emergency and reactivation”, July 2, 2020. Economic Commission for Latin America and the Caribbean (ECLAC), R. Sánchez and F. Weikert, “Post-pandemic international logistics: analysis of the airline and container shipping industries”, International Trade series, No. 162 (LC/TS. 2020/190), Santiago. National Administrative Department of Statistics (DANE), “In the first quarter of 2021pr the Gross Domestic Product of Colombia grows 1.1%”, Press release, May 14, 2021. El País, “Municipalidades no tienen autorización legal para instalar cámaras de reconocimiento facial”, January 15, 2021. International Monetary Fund (IMF), “WORLD ECONOMIC OUTLOOK: MANAGING DIVERGENT RECOVERIES”, April 2021. It communication, “Videovigilancia: clave para ciudades inteligentes”, October 20, 2021. It News.lat, “The Internet of Things: A Growing Business”, August 31, 2021. Ittrends, “Nuevas tecnologías para impulsar el mercado de sistemas de videovigilancia”, August 10, 2021.

Más Seguridad Magazine, “VIDEOVIGILANCIA, PILAR DE LAS CIUDADES INTELIGENTES: HANWHA TECHWIN”, October 25, 2022. itnow Magazine, “El Internet de las cosas: un negocio en crecimiento”, September 1, 2021. La República, “Ibux lídera videovigilancia en Costa Ricaa”, November 24, 2020. Organization for Economic Co-operation and Development (OECD), “Tax Statistics in Latin America and the Caribbean 2021”, OECD Publishing, Paris, 2021. Organization for Economic Cooperation and Development (OECD), “Employment must be at the center of the recovery to avoid serious consequences for the economy and society, says the OECD”, Press release, July 7, 2021. World Trade Organization (WTO), “Trade crash in the face of the COVID-19 pandemic, which is disrupting the world economy”, Press release, April 8, 2020. World Trade Organization (WTO), “Trade shows signs of reviving after the effects of COVID-19, but the recovery remains uncertain”, Press release, October 6, 2020. United Nations Organization, “Policy Brief: Education During and After COVID-19”, August 2020. Portafolio, “Flujos de capital siguen regresando a la región”, Press release, November 5, 2020. Procomer, “MERCADO GLOBAL DEL IOT CRECERÁ 15 % A 2024”, September 8, 2020. Proceso, “Q3.8 millones invirtió el empresariado en cámaras de videovigilancia en Antigua Guatemala”, February 21, 2021. Databases: International Trade Center (ITC). With information from UN Comtrade (United Nations Trade Statistics Database) and official sources: • El Salvador: Central Reserve Bank. • Guatemala: Central Bank of Guatemala. • Paraguay: General Directorate of Customs. • Rep. Dominicana: UN Comtrade. Descartes Datamyne. With information from official sources and partner countries: • Argentina: General Directorate of Customs. • Brazil: Latin American Integration Association (Aladi). • Chile: National Customs Service. • Colombia: Directorate of National Taxes and Customs (Dian). • Costa Rica: National Customs Service • Ecuador: National Customs Service. • Honduras: General Directorate of Customs Franchise Control. • Mexico: National Institute of Statistics and Geography of Mexico (Inegi). • Panama: National Customs Authority. • Peru: National Superintendency of Customs and Tax Administration (Sunat). • Uruguay: General Directorate of Customs. MONITORING MARKET RESEARCH REPORT

Códigos de clasificación arancelaria armonizada (HS-code) analizados*: HS-Code** 85

8512 8521 8525

8525.80 8531 8531.10 9027

9027.10

Description Electrical machines and equipment and their parts; sound recorders and players; television image and sound recorders and reproducers; parts and accessories of said articles. Electrical lighting or signaling apparatus. Apparatus for recording or reproducing image and sound (videos), even with a built-in receiver of image and sound signals. Radio broadcasting or television transmission apparatus, whether or not it incorporates sound receiving, recording or reproducing apparatus; Television cameras, digital cameras and camcorders. Cámaras de televisión, cámaras digitales y videocámaras. Signaling apparatus; Electrical or visual sound (for example, bells, sirens, indicator panels, burglar or fire alarms), excluding those of items no. 8512 or 8530. Signaling apparatus; Electric, sound or visual alarms, anti-theft or fire alarms and the like, other than those of heading no. 8512 or 8530. Instruments and apparatus; for physical or chemical analysis (e.g. polarimeters, spectrometers), to measure or check viscosity, porosity, etc., to measure quantities of heat, sound or light. Instruments and apparatus; Gas or smoke analysis apparatus for physical or chemical analysis.

*For the tables of imports by companies of chapter 1 and the graphs of imports of chapter 5, only the tariff classification codes of products related to monitoring systems (CCTV cameras, alarms and fire detection equipment) were taken for transactions carried out until January 31, 2022. ** Technical Sheet Survey “TOP BRANDS IN LATIN AMERICA” Data collection dates: Until January 31, 2022. Data collection technique: Online survey on the Encuestadatos.com platform. Method: Multiple choice questions. Subjects to which it refers: Selection of one or more of the brands of monitoring equipment most used by companies. Target group: The Latin American companies of the Top 50 of monitoring 2022. Survey developed by Latin Press, Inc.

MONITORING MARKET RESEARCH REPORT