In a newly published report the global physical security market size is projected to grow from USD 110.2 billion in 2023 to USD 136.9 billion by 2028 at a CAGR of 4.4% during the forecast period. This all according to research company Marketsandmarkets, whose analysts suggest that growth in the use of IP-based cameras for
The global video surveillance market is expected to be valued at USD 53.7 billion in 2023 and is projected to reach USD 83.3 billion by 2028, according to the latest research produced by Marketsandmarkets. The sector is expected to grow at a CAGR of 9.2% from 2023 to 2028. Growing security concerns, the embrace of
The global wireless network security market size is estimated to reach USD 59.66 billion by 2030, expanding at a CAGR of 12.5% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. The report suggests that the growth in the wireless network security market can be attributed to the growing number
Flir Defense, part of Teledyne Technologies Incorporated, has named John Bergeron as new vice president of Global Services for its Surveillance business. He will report to Dr. Jih Fen Lei, executive vice president and general manager of Flir Defense, based in Billerica, Mass. Bergeron will be responsible for managing and growing the company’s service business
Parks Associates research, including quarterly consumer surveys, indicates networked cameras and smart video doorbells will continue steady growth due to persistent popularity and clear security use cases. According to the findings, each device category reached 17% adoption among US internet households at the end of 2022, and combined, they will exceed $3.8 billion in sales
Effective May 01, 2023, Thomas Lausten (CEO), Klaus Kiener (CFO) and Phillip Antoniou (CSMO), together with recently announced Christian Cabirol (CTO), will form the new Management Board of Mobotix AG. The Management Board will focus on the further development and innovation at Mobotix based on accelerated business and product strategies which recently increased sales by
Christian Cabirol took up his position as Chief Technology Officer (CTO) of Mobotix AG on April 01, 2023. As announced on February 06, 2023, Christian Cabirol will be responsible for all R&D focus areas and technology partnerships as key elements of the solution-oriented strategy. “We must continue to focus on the values that have made
The global home security systems market size is expected to reach USD 97.8 billion by 2030, at a CAGR of 8.1%, according to a new study by Polaris Market Research. The research suggests that the increasing popularity of smart homes, which have integrated smart security systems, is driving the demand for home security systems. Home
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