Tag: IMS Research
Open standards lag, but access control to grow to $2.3 billion in 2013
July 10, 2013SSN Staff
AUSTIN, Texas—The drive for open standards in the access control market continues to trail a similar push in video surveillance, potentially limiting growth, but global access-control revenues are still expected to rise from $2.1 billion in 2011 to $2.3 billion by the end of 2013, according to a new report by IMS Research.IMS said that in most cases the primary benefit of open standards is not to reduce “vendor lock,” in which customers can't switch to a new supplier because they...
Influx of telecoms, cablecos into security not alarming, study says
June 7, 2013Tess Nacelewicz
AUSTIN, Texas—The penetration rate for U.S. residential intrusion alarm products will increase by 5 percent to 8 percent during the next three years, aided by the entrance of the new telecom and cableco players in the market, according to a recent study by IMS Research, now part of IHS.
Adi Pavlovic, security and fire analyst for IHS, told Security Systems News that it's too early to tell how much the new players already have increased the penetration rate, which has been stalled at...
IHS: Genetec, Milestone top VMS rankings
June 5, 2013Leif Kothe
LONDON—Since 2004, the first year of IHS' VMS rankings, Copenhagen-based Milestone has had a monopoly on the top spot. Nine years later, the company still has the top spot, but it now has to share it with Genetec, a Montreal-based vendor.In a highly fragmented VMS market—no company's share exceeds 10 percent—Genetec and Milestone now have “exactly the same market share,” Josh Woodhouse, market analyst at IHS, a market research and consulting firm, told Security Systems...
New Firetide CEO sees mesh networks on the move
May 29, 2013Martha Entwistle
LOS GATOS, Calif.— Cisco veteran John McCool, who joined mesh network provider Firetide as its new CEO on May 20, says there's an increasing demand to take surveillance mobile.“If you think about it, video surveillance [has traditionally] ended on the curb,” McCool told Security Systems News. Cameras have been mounted in static locations on city streets and train platforms, but now there's a demand for that surveillance capability on moving vehicles such as municipal buses and trains....
IMS: Demand for mass notification systems expected to soar
May 24, 2013SSN Staff
LONDON—In the wake of the Boston Marathon bombing and the ensuing manhunt, as well as the Sandy Hook massacre, governments, schools and other organizations are turning to mass notification systems to protect public safety, which is expected to fuel a 30 percent spike in demand for the North American market, according to IMS Research, now part of IHS.
The research firm expects spending on MNS in North America to rise to $2.1 billion in 2017, up from $1.6 billion in 2013, according to a new...
IMS: Boston bombing likely to boost video surveillance spending
May 8, 2013Rich Miller
WELLINGBOROUGH, England—The Boston Marathon bombing will likely drive increased spending on video surveillance equipment, a market that had already been projected to more than double through 2016, according to IMS Research.The company, now part of IHS, is in the process of updating its most recent forecast of global demand for video surveillance equipment. Current IMS projections show worldwide revenue in the market rising to $20.5 billion in 2016, a 114 percent increase from the $9.6 billion...
Video surveillance after Boston: Carte blanche for Big Brother?
May 1, 2013Rich Miller
There has been a lot of debate in the past few months about the government infringing on the privacy and rights of its citizens. Most of the heat has been generated by the standoff over gun control, but you don't have to look far to find people who think Big Brother is lurking around every corner—at the IRS, DHS and even your local cop shop.
So what about video surveillance? Did the fact that video helped take down the Boston bombers give the powers-that-be carte blanche to watch your every...
Boston Marathon bombing could accelerate video surveillance spending
April 30, 2013SSN Staff
WELLINGBOROUGH, U.K.—In the aftermath of the Boston bombings, spending on video surveillance equipment may experience a spike that augments already lofty expectations for the market, according to a statement from IMS Research, a market research firm based here.
History suggests that high-profile events of terrorism can drive global sales of video surveillance equipment. Worldwide revenue for the market is projected to rise to $20.5 billion in 2016, up 114 percent from $9.6 billion in 2010,...
Proprietary 'smart home' systems losing ground to open standards
March 6, 2013Rich Miller
Annual shipments of proprietary wireless technologies for home automation are expected to double by 2017, but proportionately their deployment in “smart homes” will be cut in half as service providers including ADT and AT&T drive a move toward open standards, according to a new report by IMS Research.IMS projects that shipments of proprietary wireless technologies will grow from less than 3 million nodes in 2012 to 6 million in 2017, primarily due to high-end automation suppliers maintaining...
Limited awareness remains growth inhibitor for PSIM market
February 6, 2013Rich Miller
The world market for PSIM software is estimated to have more than doubled between 2009 and 2011, but limited awareness tempered revenue projections for 2012 and continues to do so for 2013, according to a new report from IMS Research.Despite strong growth from 2009 to 2011, the PSIM market remained below $100 million mostly due to lack of knowledge about the platform, IMS said. Confusion about the definition of PSIM—physical security information management—and more importantly, what it...