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INSIGHTS

Argentina Presents a Promising Market for Electronic Security

After a disastrous economic and financial crash in 2001, it took Argentina a while to recover. For the last few years, however, economic growth has averaged nearly 10 percent. This, coupled with rising crime, or the perception of it, has meant more money for providers of electronic security. The market is particularly suited to the kinds of products and functions that Asian companies provide given their strong price advantages.
After a disastrous economic and financial crash in 2001, it took Argentina a while to recover. For the last few years, however, economic growth has averaged nearly 10 percent. This, coupled with rising crime, or the perception of it, has meant more money for providers of electronic security. The market is particularly suited to the kinds of products and functions that Asian companies provide given their strong price advantages.

Argentina is not that different a market than the one in Brazil," said Alejandra Etchar ran, Automation and Electronics Industry Analyst, Latin America, Frost & Sullivan. "The drivers ...
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