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Tag: IDC

Double-digit growth predicted for home monitoring and security devices


Double-digit growth predicted for home monitoring and security devices

March 29, 2021SSN Staff

NEEDHAM, Mass.—Worldwide shipments of smart home devices are forecast to surpass 1.4 billion in 2025 with a five-year compound annual growth rate (CAGR) of 12.2 percent as consumers seek out additional conveniences brought about by home automation products and ambient computing, according to the International Data Corporation (IDC). Home monitoring and security devices, which represents 20.5 percent of the market share, are estimated to grow at an even more impressive CAGR of 13 percent...

Global smart home market, IDC, Smart Home Monitoring

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Monitoring Matters

Camera craze continues amid COVID

August 5, 2020Ginger Hill, Managing Editor

With all the negativity that the COVID-19 pandemic has bred, I find it encouraging and refreshing to see all the positive movement within the industry when it comes to the video surveillance camera market. As you probably heard, Motorola Solutions acquired Pelco, Inc. for $110 million in cash (not a bad chunk of change there!), and ADT and Google partnered to dominate the smart home market, so there’s almost an endless number of video camera applications here as more consumers are embracing the...

IDC, intelligent IP video surveillance, IP video surveillance, mobile video surveillance, video surveillance

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On The Editor's Desk

Spending on AI to skyrocket

March 20, 2019Paul Ragusa, Editor

One of the biggest buzzwords in security today is AI, or artificial intelligence, as one of the challenges today is determining if the technology is being overpromised and under-delivered. Security Systems News' News Poll this month addresses these very questions, as we try to figure out where the industry stands on this topic. Although the technology is still in its early adoption phase within security, a new study finds that spending on AI systems will continue to skyrocket within the next five...


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