Demand for security cameras is projected to increase 7.2 percent annually through 2021 to $2.8 billion, according to Video Surveillance Equipment Market in the U.S., a new study from Cleveland-based industry research firm Freedonia.
ADT, a provider of security and automation solutions for homes and businesses and ranked No. 1 on the SDM 100, celebrated one of its LifeSaver events in Bloomfield Hills, Mich., where the Brodsky family was reunited with rescuers who helped saved them from carbon monoxide.
PSA announced a partnership with Matterhorn Consulting to enable PSA members to hire their next generation talent from military veterans who have served our country. As part of PSA’s Business Solutions program, Matterhorn Consulting has provided PSA with experienced consulting, thought leadership and training content for the last 14 years.
Vector Security Inc., ranked No. 5 on the SDM 100, has acquired Security Associates LLC, a local provider of professional security services in Baltimore and the surrounding area.
ADT, provider of security and automation solutions for homes and businesses in North America, has completed the purchase of substantially all the assets and business of Protec Inc., a commercial security systems integrators in the Pacific Northwest. The transaction closed on July 31, 2017.
ADS Security, a regional electronic security and automation company headquartered in Nashville, Tenn., and ranked No. 20 on the SDM 100, has acquired the accounts of ERMC Security Solutions in Chattanooga, Tenn. This purchase makes the Chattanooga branch the third largest out of ADS Security’s 22 branches.
NorthStar Home, a security and automation provider ranked No. 24 on the SDM 100, launched its Authorized Affiliate Funding Program. Through this new channel, NorthStar will fund qualified security and automation systems originated and installed by independent companies.
According to a report by the market research company Reportbuyer, the North America video surveillance market is expected to grow at a CAGR of 17.1 percent for the forecast years of 2017-2025 and is estimated to be worth $35 billion by 2025.
According to a report by the market research company IHS Markit, while 41 percent of the 68 million wireless intruder alarm sensors sold across the globe in 2016 were wireless, only 4 percent of those wireless sensors were used in the large commercial sector.
