Electronic Security Industry in Latin America Outlook 2022
LATIN AMERICAN
INTEGRATORS ELECTRONIC SECURITY INDUSTRY
REPORT
2022
STATE OF ELECTRONIC SECURITY TECHNOLOGIES IN LATIN AMERICA 2021 PERSPECTIVES FROM INTEGRATORS AND CONSULTANTS RANKING TOP 100 INTEGRATORS ECONOMIC OVERVIEW OF THE REGIONS OF LATIN AMERICA CYBERSECURITY IN LATIN AMERICA
© 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: TOP 100 Latin American Integrators Electronic Security Industry Report 2022. 3rd edition: January 2022 Research and writing: Andrea Ochoa Restrepo Editorial Direction: Duván Chaverra Layout: Jhonnatan Martínez Avalo Graphics: Jhonnatan Martínez Avalo Cover Photos: Pixabay
Table of Contents Top 100 integrators in Latin America: How is it done?............................................. 6 Introduction........................................................................................................................................................8 Chapter 1: State of electronic security technologies in Latin America 2021-2022.................................12 Main segments of electronic security projects in 2021 ......................................................................................14 Evolution of the electronic security market 2019-2021......................................................................................16 Imports by region and companies ....................................................................................................................17 Top electronic security brands most used in Latin America in 2021-2022.........................................................18 Imports by country of origin...............................................................................................................................19
Chapter 2: Integrator Perspectives................................................................................................ 22 Mexico.................................................................................................................................................................23 Central America and the Caribbean...................................................................................................................26 Andean Region....................................................................................................................................................29 Southern Cone ...................................................................................................................................................34 Consultant Perspectives......................................................................................................................................38 Questionnaire Academics...................................................................................................................................44
Chapter 3: Ranking Top 100 Integrators 2021.............................................................................. 48 Mexico.................................................................................................................................................................50 Central America and the Caribbean...................................................................................................................53 Andean Region....................................................................................................................................................55 Southern Cone....................................................................................................................................................59
Chapter 4: Rising freight and cargo prices: why? ........................................................................ 62 Chapter 5: Sectors and companies facing COVID-19: impact on the electronic security industry... 66 Productive structure: external and internal gap in the region and its effects after the pandemic.....................68 Comparison between Latin America and the European Union: relative internal productivity...........................69 The proportion of production of different groups of industrial sectors according to the intensity of the expected impact of the crisis..............................................................................................................................69 Impact of covid-19 on the different segments of electronic security projects in Latin America................................. 70
Chapter 6: Overview of Latin American economies (pandemic-post-pandemic)........................ 78 Financial Market Volatility Index.........................................................................................................................79 Emerging Markets Bond Index 2020..................................................................................................................80 The year-on-year rate of change in world trade volume.....................................................................................82 GDP growth in Latin America.............................................................................................................................84 Expenditure growth by component in Latin America.........................................................................................84 Future Outlook....................................................................................................................................................85 Inflation expectations 2020 and 2021.................................................................................................................87 Impact on the level of investment and capital flows in relation to the risk of financial markets within the electronic security industry.................................................................................................................................88 Infographics: Exports and trade balance Mexico and Central America 2020 ...................................................89 Mexico, Central America, and the Caribbean ...................................................................................................90 Infographic: Exports and trade balance South America 2020............................................................................97 Andean Region....................................................................................................................................................98 Southern Cone..................................................................................................................................................102
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Table of Contents Chapter 7: Cybersecurity in Latin America: Growth and Main Threats..................................... 106 Market Developments.......................................................................................................................................109 Main threats to cybersecurity growth...............................................................................................................110 Official estimates of data fraud and cybercrime...............................................................................................112 Country-by-Country Cybersecurity Overview ..................................................................................................113
Chapter 8: Growth in the electronic security systems market.................................................................128 Revenue Growth and Demand for Security Equipment....................................................................................131 Revenues in the video surveillance market.......................................................................................................133 Overview of electronic security in corporate and residential markets .............................................................134 Index of references..........................................................................................................................................136
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CHAPTER 3
RANKING BY REGION
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Index of references Sources cited : Inter-American Development Bank (IDB), “Disclosure of Expectations in Latin America,” June 2020. Inter-American Development Bank (IDB), “Latin America overcomes commercial impact of pandemic,” Press release, June 3, 2021. Inter-American Development Bank (IDB) , “Education in times of the coronavirus”, May 2021. Inter-American Development Bank (IDB), “Cybersecurity: Risks, Progress and the Way Forward in Latin America,” 2020. World Bank (WB), “Global Economic Prospects: Latin America and the Caribbean,” January 2021. Bnamericas, “Latin American companies increase investment in security and cloud services”, Press release, October 8, 2021. Bolivia Emprende, “Reporte Ciberseguridad 2020: riesgos, avances y el camino a seguir en América Latina y el Caribe”, February 24, 2021. Colombian Chamber of IT and Telecommunications, “SAFE program launches its new study: Assessment, challenges and threats to cybersecurity,” Press release, July 13, 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), “América Latina y el Caribe ante la pandemia del COVID-19 Efectos económicos y sociales,” April 3, 2020. Economic Commission for Latin America and the Caribbean (ECLAC), “Preliminary Overview 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 Outlook for 2021: February 2021 (LC/ MEX/TS.2021/2), Mexico City, 2021. Economic Commission for Latin America and the Caribbean (ECLAC), “Sectores y empresas frente al COVID-19: emergencia y reactivación”, July 2, 2020. Economic Commission for Latin America and the Caribbean (ECLAC), R. Sánchez and F. Weikert, “Logística internacional pospandemia: análisis de las industrias aérea y de transporte marítimo de contenedores”, Comercio Internacional series, No. 162 (LC/TS.2020/190), Santiago. Economic Commission for Latin America and the Caribbean (ECLAC), “Las oportunidades de la digitalización en América Latina frente al COVID-19”, 2020.
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Economic Commission for Latin America and the Caribbean (ECLAC), “Universalizar el acceso a las tecnologías digitales para enfrentar el COVID-19”, August 2020. Cuadernos de Seguridad, “Security systems market records slight decline in 2020 to €2.375 billion”, Press release, May 15, 2021. Departamento Administrativo Nacional de Estadística (DANE), “En el primer trimestre del 2021pr el Producto Interno Bruto de Colombia crece 1,1%” , Press release, May 14, 2021. Digital Policy Law, “Main cyber-attacks for 2021 in Costa Rica,” Press release, March 24, 2020. Digital Policy Law, “Paraguay registered more than 2 thousand cyber incidents in 2020,” Press release, April 6, 2021. Diario Libre, “Más de 158 millones de intentos de ciberataques afectaron a República Dominicana en 2020,” Press release, February 26, 2021. EKA, “Principales ciberataques para el 2021 en Costa Rica”, Press release, 2021. El Economista, “Al cierre del 2020 deuda global sumará 277 bdd: IIF”, Press release, November 19, 2020. El Capital Financiero, “Panamá registró más de 960 millones de intentos de ciberataques en 2020”, Press release, February 26, 2021. El Comercio, “El país necesita políticas integrales para reforzar la ciberseguridad”, Press release, 04 August 2021. EuropaPress, “Security systems market fell 0.4% in 2020 after six years of uninterrupted growth,” Press release, 06 May 2021. ICEX, “Cybersecurity in Mexico.” International Monetary Fund (IMF), “WORLD ECONOMIC OUTLOOK: MANAGING DIVERGING RECOVERIES,” April 2021. Forbes, “Ciberseguridad en Latam: un mercado millonario, pero insuficiente”. Fortinet, “Latin America suffered more than 41 billion cyberattack attempts in 2020,” Press release, February 24, 2021. kaspersky, “Latin American MSMEs advance in cybersecurity,” Press release, June 24, 2021. La Tercera, “Cyberattacks in Chile: there were 2.3 billion hacking attempts in 2020,” Press release, March 10, 2021. Mavica, “Cybersecurity in the era of hyperconnectivity and pandemics”. Ministry of the Interior Guatemala, “Estrategia de Seguridad Cibernética”. Organization for Economic Co-operation and Development (OECD), “Tax Statistics in Latin America and the Caribbean 2021”, OECD Publishing, Paris, 2021. Organization for Economic Co-operation and Development (OECD), “Jobs must be at the heart of recovery TOP 100 INTEGRATORS • REPORT 2022
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