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
Bosch is planning to acquire Paladin Technologies, Inc., headquartered in Vancouver, Canada – a leading provider of security and life safety solutions and system integration services in North America. This purchase complements Bosch’s 2015 acquisition of Climatec, LLC, with more than 1,000 associates in the US. Climatec is part of Bosch Building Technologies and offers
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
The global people counting system market size is estimated to be USD 1.1 billion in 2023 and is projected to reach USD 2.0 billion by 2028, at a CAGR of 12.9%. This according to the latest information coming from research firm, Marketsandmarkets. The growing implementation of people counting systems in transportation hubs, libraries, and retail
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
The global smart home market size is expected to reach USD 537.01 billion by 2030, registering a CAGR of 27.07% from 2023 to 2030, according to a new study by Grand View Research, Inc. The sector, according to the report, is driven by computing devices and information technology that link smart home instruments and gadgets
The latest report from Marketsandmarkets shows that the Middle East and Africa cyber security market size is estimated at USD 22.2 billion in 2023 and is projected to reach USD 36.2 billion by 2028, at a CAGR of 10.2% from 2023 to 2028. Factors such as increasing number of cyber threats and attacks; and digital
Tagmaster is strengthening its organisation by hiring Jean-Christophe Vangenot as Vice President Sales for the Infomobility application area. Vangenot will lead sales operations within the application area in France and England, and report to the CEO. The Tagmaster group is in an expansion phase, both organically and through acquisitions. ”In this context, it is important
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