According to a new research report Perimeter Security Market, published by MarketsandMarkets, the market is expected to grow from $110.64 billion in 2017 to $196.60 billion by 2022, at a compound annual growth rate (CAGR) of 12.2 percent between 2017 and 2022.
The start of a new school year is an excellent time for districts to review their school security. It also presents an opportunity to seek out and identify additional upgrades or modifications with the full knowledge of how the facility is being used.
The Security Industry Association (SIA) today opens a call for nominees to receive the George R. Lippert Memorial Award, which is presented annually at SIA Honors Night in New York City to honor a distinguished individual from a SIA Member company for long-term, selfless service to the security industry and to SIA. (SIA Honors Night is scheduled for Nov. 15 in New York City, concurrent with ISC East.)
For the second year in a row, Oklahoma provider of security and smart home solutions, Guardian Security Systems, has been selected as one of the “Best Places to Work in Oklahoma,” an annual list created by Best Companies Group to recognize companies that excel in creating quality workplaces.
Hanwha Techwin America (HTA), a global supplier of IP and analog video surveillance solutions, announced the appointment of company veteran Kichul (K.C.) Kim as the new president for the Americas. He replaces Soon Hong Ahn, who was promoted to head of global sales and strategic marketing at the company’s headquarters in South Korea. Both appointments are effective immediately.
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.
According to a report by Jon Cropley, principal analyst for video surveillance at IHS Markit, the world market for professional video surveillance equipment grew by 3.9 percent in 2016. While this is a higher rate of growth than in 2015 (1.9 percent), it is still low by historical standards, IHS reported.
According to an article in the UK publication Retail Gazette, retailers across the UK are increasingly adopting facial recognition software that captures shoppers’ ages, genders, and shopping history.
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