Service & Maintenance Become Primary Profit Center For Security SIs : Study
Since Service and Maintenance contracts ensure a predictable flow of revenue, it has led most security system aggregators to view Service and Maintenance as a primary profit center. According to a recent research by IHS validates this trend as as service revenue in the Americas accounted for 63 percent of total security systems integration, while in Europe, Middle East and Africa (EMEA) it accounted for 56 percent.Asia Pacific (APAC) region accounts for 43% of the market.The previous year the sector generated 14.5billion dollars and is speculated to increase to 18.8...