A new research report by Marketsandmarkets, the global perimeter security market is projected to grow from USD 70.8 billion in 2022 to USD 100.2 billion by 2027 at a compound annual growth rate (CAGR) of 7.2% during the forecast period. Factors attributed to driving the market growth include, increasing security breaches and perimeter intrusions worldwide,
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
According to a new report from Marketsandmarkets, the global video management system market is expected to grow from USD 10.9 billion in 2022 to USD 31.0 billion by 2027, at a CAGR of 23.1% during the forecast period. Best growth in intelligent streaming With advancements in technologies and cloud computing, the video monitoring system has
The acquisition of Stanley Security is now completed and is consolidated into Securitas as of July 22, 2022. Securitas will present the strategy of the new group as well as new financial targets on August 24, 2022. On December 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business
A new report from Novaira Insights reveals that the global video surveillance market grew 16.4% in 2021 as restrictions on movement due to the Covid-19 pandemic eased. The report, “The world market for video surveillance hardware and software” shows that shipments of surveillance cameras and related equipment grew as pent-up demand was served. However, there
The global burglar alarm system market size is anticipated to reach USD 7.01 billion by 2030, registering a CAGR of 6.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The demand for burglar alarm systems is expected to increase due to the growing popularity of smart homes, including intelligent
The global physical security market is expected to reach USD 203.05 billion by 2030, growing at a CAGR of 6.1%. Lack of physical security leads to higher rates of burglaries and thefts, and, therefore, safeguarding the physical perimeter and individual assets, including expensive technological equipment, has gained importance and is driving the market growth. This
Pelco, Inc., a global pioneer in intelligent video solutions, announced the appointment of Kurt Takahashi as Chief Executive Officer, effective November 1, 2019. Previously, Takahashi held the position of President of AMAG Technology, a global end-to-end security management platform. At AMAG, his innovative leadership transformed the company from being an access control focused business into
360 Vision Technology, the UK CCTV manufacturing company, is delighted to announce that it has appointed Sara Fisher to the role of Business Development Director. Formerly Sales and Marketing director at AMG Systems, with full responsibility for driving sales and marketing activities, Sara’s new role will be geared to supporting end users, systems integrators and
Resideo Technologies, Inc. has taken a number of steps to position the company for long-term success and enhance shareholder value. The company’s president and CEO, Mike Nefkens, and the board have mutually agreed to a transition, which will allow Mike to focus on family health issues. Nefkens has agreed to continue until his successor is
Global Executive Search specialists within Physical and Cyber Security Sectors.