Video Surveillance as a Service Market – Global Forecast to 2022
The Video Surveillance as a Service (VSaaS) market is expected to be worth US$5.93 Billion by 2022, at a CAGR of 22.0% between 2017 and 2022. Factors such as low initial investment required to avail VSaaS services, increasing demand for real-time and remote access for video surveillance data, and flexible scalability offered by VSaaS would provide ample growth opportunities for the Video Surveillance as a Service market in the future. This is a new market research report from Research and Markets.
Wendi Grinnell Joins VIZpin As Director of Marketing
Grinnell is a marketing and digital communications professional with almost 20 years of both small business and large corporation experience. Most recently, she was an eBusiness Specialist for TE Connectivity Ltd., a global manufacturing company, where she was responsible for eCommerce application development and support, managing voice of the customer feedback, and supporting corporate marketing campaigns.
Video Surveillance Service Market Valued At $1.5B By 2020
Technavio, a U.K.-based global technology researcher, has published a report on expected growth areas in the global security as a service market, estimating that by 2020, the overall market for what it terms “video surveillance as a service” (VsaaS) will be valued at US$1.5 billion.
Z-Wave Alliance Dominates Smart Home Security Solutions
The Z-Wave Alliance, an open consortium of leading global companies deploying Z-Wave, the world’s largest ecosystem of wireless control products and services, will exhibit for the first time ever at ISC West, hosting a range of manufacturers in the Z-Wave Alliance Pavilion. With over 1300 certified products, 300 member companies and more than 35 million devices installed worldwide, Z-Wave continues to be the wireless technology of choice for the security and smart home markets.
SecurityHive Profiles Richard Brent, CEO, Louroe Electronics
The SecurityHive.com community voted during the summer of 2014 and selected the Physical Security and Video Surveillance industry’s Top 12 Influencers. – This Profile is one in the series of 12 making a difference in our industry Richard S. Brent, CEO of Louroe Electronics Prior to becoming CEO of Louroe Electronics – a domestic manufacturer […]
KKR, Bain Among Bidders For Tyco’s South Korean Unit
KKR & Co LP and Bain Capital are among suitors which have placed initial bids for Tyco International Inc’s South Korean security systems unit, a business valued at about $1.6bn, people familiar with the matter said. Billion-dollar buyouts are rare in Asia, but security companies, when they come up for sale, tend to attract much interest from private equity firms as they are valued for their stable revenues. According to Reuters , a sale of ADT Caps, would follow Bain’s $3.4bn purchase of European security firm Securitas Direct in 2011 and Blackstone Group’s acquisition of US firm Vivint Inc for more than $2bn last year. Other bidders for ADT Caps include CVC Capital Partners CVC.UL as well as Hong Kong-based Affinity Equity Partners and South Korea’s MBK Partners, the sources said, declining to be identified as the process is confidential. KKR, Bain, CVC and MBK declined to comment. Tyco and Affinity did not respond to emails seeking comment. Morgan Stanley is advising Tyco on the sale, the sources said. Morgan Stanley declined to comment. Tyco, a provider of commercial fire and security systems, became a much smaller company after the diversified conglomerate Tyco International split up last year. Its North American home security arm, ADT, became a separate company and its former flow control unit merged with Pentair Limited. ADT Caps had earnings before interest, depreciation and amortization of $160m as of the end of September 2013. The business is expected to fetch around $1.6bn, based on a ten […]
Source www.punchng.com