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.
According to an article in the Las Vegas Review-Journal, the Regional Transportation Commission of Southern Nevada announced that by the end of 2017, surveillance footage from cameras mounted inside public buses will be live streamed to law enforcement agencies during emergencies.
According to the whistleblower organization WikiLeaks, the CIA has developed a technique codenamed “Dumbo” that allows it to shut off IP cameras or microphones in a building before sending agents in.
Delta Electronics Inc., a global provider of power and thermal management solutions, announced its board of directors has approved a proposal for a cash tender offer to acquire approximately 35 percent to 55 percent of the outstanding common shares of VIVOTEK Inc.
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.
Hikvision Canada Inc., a provider of video surveillance products and solutions, provided cameras for the JPPS Children’s Centre (CPE) in Montreal installed by integrator Alarme Sentinelle.
In July the Pentagon released a classified policy for disabling or destroying unmanned aircraft that violate military airspace, and on August 4, officials sent additional public information to bases around the country to allow installations to alert communities about the restrictions and the actions military officials are authorized to take, according to an article on Military.com.