Samsung continues to see opportunities in the security market, although increasingly the company will seek to provide security system and integration services rather than technology.
Although the company does have a strong capability in supplying surveillance technology, with the proposed sale of Samsung Techwin in 2015 the firm will increasingly focus on providing end-to-end and integration services.
Samsung’s strong, international brand presence has given it a wide customer base including governments, critical national infrastructure (CNI) operators, and commercial industries. However it continues to strive towards streamlining its internal business structure as it looks to grow its international business in non-commercial electronics.
Strategic partnerships and acquisitions will help the company evolve and build upon its current market offering along with entering new regions.
To complement Samsung’s security system delivery capabilities, the firm may look to develop an internal cybersecurity product line to protect its diverse range of solutions.
About this report
Frost & Sullivan anticipates that Samsung will continue to grow its presence in the security market by enhancing its security integration and system capabilities. The recent proposed sale of Samsung Techwin indicates a desire by the firm to step away from the production of security-specific technology, with a focus on providing digital security products and solution integration. Particular security developments for the firm may be made in supplying mobile, cloud, and Big Data capabilities.
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