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
Group337, a team of experts focused on the business of the security, access control, and IoT industries, announces the hire of yet another hi-profile executive to their quickly expanding roster. On the heels of their recent hire of Hilary Gallagher, Group337 now welcomes Jonathon Harris as their new Vice President of The Index, the data
Memoori’s 2019 world report on the physical security industry shows that video surveillance product sales reached $19.15Bn in 2019 and could reach $35.82Bn by 2024. This growth is the highest that Memoori has ever forecast and, the researchers say that it is driven by a number of factors particularly the sales of AI video analytics
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
The year 2020 will represent a landmark for the video surveillance industry, with global sales of goods including cameras, recorders, video management software (VMS) and accessories projected to surpass $20 billion for the first time, according to IHS Markit, Technology division, now a part of Informa Tech. Significantly, the world’s two largest economies, the United
AnyVision, a leading computer vision company specializing in face, body, and object-recognition software, today announced the close of its $74 million Series A financing round. New investment comes from M12, Microsoft’s venture fund, DFJ Growth and OG Technology Partners. As part of the Series A, AnyVision previously announced investment from LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and
The global edge AI software market is expected to grow from USD 356 million in 2018 to USD 1,152 million by 2023, with the major factors fuelling market growth cited as the increasing enterprise workloads on the cloud and rapid growth in the number of intelligent applications. According to the Marketsandmarkets latest report on the
Arcules, innovators in integrated video cloud as a service, announces that it has named Cody Flood as Senior Director of Sales for the United States and Canada. In this role, Flood will focus on amplifying the momentum of the regional sales team, and play a significant role in accelerating adoption of the Arcules cloud-based service.
ISS – Intelligent Security Systems, a global provider of intelligent Video Management Systems (VMS) solutions with natively developed analytics, recently established a new benchmark with industry reports from IHS Markit. In its Video Surveillance Intelligence Service report, IHS Markit estimates ISS to have been the third largest non-security solution vendor of VMS in 2017. In
Global Executive Search specialists within Physical and Cyber Security Sectors.