Tag: IHS Research
Monitored smart devices grows
January 20, 2016SSN Staff
ENGLEWOOD, Colo.—In a recent report Fierce Telecom note that research organization IHS, based here, predicts that the combination of professionally monitored smart and connected device revenue is expected to have a CAGR of 20 percent from 2014 through 2019 in the Americas region. In addition, smart devices are forecast to account for the bulk of growth (compared with connected devices) with 72 percent expected in 2016.
As equipment vendors and service providers compete for market share in 2016,...
Richard Walker to help monitor Monitronics M&A possibilities
April 20, 2015Spencer Ives
ENGLEWOOD, Colo.—Ascent Capital Group, Monitronics' parent company based here, has appointed Richard G. Walker as executive vice president of strategy and corporate development.The company is always “actively monitoring” acquisition possibilities, Walker told Security Systems News. He and “a small team will be driving the M&A activities of [Ascent],” he said, focusing on “adjacent opportunities, emerging opportunities and [opportunities in] the security monitoring/home...
Systems integration market to increase 9 percent by 2018
November 19, 2014Amy Canfield
WELLINGBOROUGH, England—The security system integration market worldwide rose nearly $5 billion to $59.5 billion from 2012 to 2013 and is expected to increase more than 9 percent through 2018, according to a new report from IHS Research, based here.The North American market should see an increase of 7 to 8 percent through 2018, senior research analyst Paul Bremner told Security Systems News.Large companies looking to streamline are primarily fueling the market growth, Bremner said. After struggling...
Report: Growth rate for service offerings to soar
October 1, 2014Leif Kothe
WELLINGBOROUGH, England—The North American market for physical security equipment and services is poised to exceed $61 billion by 2018, up from $44.4 billion in revenues in 2013, according to a new report, “Physical Security Equipment & Services Report—2014,” from IHS Research, a market research firm based here.Service-based offerings are projected to further emerge as a defining feature of the North American market, their growth powered by manufacturers and service providers...
Cloud-based smart home installed base to grow to 44.6 million by 2018
May 28, 2014Leif Kothe
LONDON—The security industry is just one business sector expected to play a role in the rapid expansion of the global market for cloud-based home management systems, whose installed base is poised to skyrocket over the next five years, rising from 5.6 million at the end of 2013 to 44.6 million by 2018, according to a new report from IHS Research, a market research firm whose U.K. headquarters is based here.During that forecast period, the installed base of cloud-based home management systems...
Video surveillance cabling and infrastructure market to expand dramatically in North America
April 23, 2014Leif Kothe
BRACKNELL, England—With lower powered infrared and PTZ cameras hitting the market, more end users are turning to nonlocal Ethernet sets to power their video surveillance networks, particularly for cameras in perimeter security locations.Add to that the fact that end users are finding that infrastructure and cabling, rather than surveillance equipment, tend to be where malfunctions originate, and you have a market that's poised to become a higher priority investment for end users, according...
Video and analytics moving further toward the perimeter
December 18, 2013Leif Kothe
ENGLEWOOD, Colo.—The growing trend of deploying video surveillance and analytics devices for perimeter security is showing no signs of abating. The market is poised to reach $160 million by 2017, up from $90 million in 2013, according to a report from IHS Research. IHS expects North America to rank as the largest market for this segment of the perimeter security market, according to Blake Kozak, senior analyst, access control, fire and security, at IHS. Spending on sensors, which will remain...
Cablecos and Telecoms: Readers debate the new competition
July 10, 2013Leif Kothe
YARMOUTH, Maine—Brand recognition, national reach and advertising clout are some of the obvious advantages afforded the telecom and cableco giants now entering the security space. But some smaller security companies may also stand to benefit from these new entrants, by virtue of both partnerships with bigger companies, and increased market awareness fueled by their advertising.A recent study from IHS Research says the influx of new players will likely increase market penetration for residential...
Axis stays atop IHS video surveillance rankings, claims top spot for video encoders
June 21, 2013SSN Staff
CHELMSFORD, Mass.—Axis Communications, a provider of network video surveillance solutions, retained the top spot in IHS Research's annual rankings of the top video surveillance companies, according to a news release.
Ranking just behind Axis in the same category were the Japanese electronics giant Panasonic and China-based Hikvision, according to the recently released report, titled “CCTV and Video Surveillance Equipment - World - 2013.”
In addition, Axis for the first...