Argentina Electronic Security
According to the Argentine Chamber of Electronic Security (CASEL), this sector in Argentina is mature with a 12 percent average annual growth for the last 3 years, over 30,000 workers in the sector, and revenues of $1.1 billion annually. Market growth is expected to continue given the emergence of new technologies for several sectors, including “smart cities” (demand for intelligent buildings and urban monitoring) as well as security needs for key industries and infrastructure (e.g., oil and gas, energy, mining, transportation to include ports and airports, and sports venues such as stadiums and soccer fields).
Additionally, market growth also corresponds to the recent rise in crime (i.e., acts of violence, street crimes, cyber bank robberies, and private property thefts) that have coincided with increased drug trafficking in the region.
Best sales prospects for U.S. electronic security firms include:
• Intelligent surveillance systems: smart cameras and intelligent software for identification of pedestrians.
• AI applications: automatic license plate recognition, automatic event alerts, people counting, parking violation detection, and helmet use.
• Industry specific security systems (including equipment parts and software): smart cities applications, automotive, banking, airports, ports, warehouses, mines, highways, utilities, hospitals, gated communities, and construction sites.
• High-tech security equipment for police and other law enforcement agencies: training simulators, shooting ranges, non-lethal weapons, and intelligent protective garments.
• Border controls: scanners for airports, ports, and prisons; intelligent surveillance devices (e.g., long range drones).
For more information on the sector or to discuss how you can identify a local partner in Argentina, please contact Security Specialist Marina Millet