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Access Control Equipment Market for US Government Sector Poised to Grow Again This Year 19 June 2013
Despite spending cuts from a sequestered budget and a still-recovering economy, suppliers of innovative, high-security access control solutions to the U.S. government can expect modest growth this year, according to a new report entitled “The World Market for Electronic Physical Access Control Equipment...
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Milestone Systems and Genetec Enjoy Joint No. 1 VMS Ranking in 2012 12 June 2013
Milestone Systems and Genetec last year were evenly matched as the top suppliers of video management software (VMS) in a market worth more than half a billion dollars, according to a new report on video surveillance equipment from IMS Research, now part of IHS Inc. (NYSE: IHS).    The global VMS market...
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Access Control Market Open to the Idea of Open Standards 11 June 2013
The drive to integrate and modernize access control systems is creating a stir around open standards for the access control industry, which is set to top $2.3 billion globally by the end of 2013, up from $2.1 billion in 2011, according to IMS Research, now part of IHS Inc. (NYSE:IHS). The access control...
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Home Security Companies Not Alarmed by New Entrants 07 June 2013
In most cases, a sudden influx of players and increased competition would be detrimental for an industry. However, the U.S. intruder alarm market is embracing the plethora of new competitors entering the business because these recent market entrants are partnering with established security suppliers...
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$25 Billion Global Payroll Market Ripe for Disruption 03 June 2013
A new generation of user-friendly, functionally robust, hosted payroll applications is causing more American employers to forego payroll outsourcing services to bring their payroll functions in-house, according to a recent study by leading technology research firm IHS (NYSE: IHS). IHS forecasts that...
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Demand for Mass Notification Systems Soars Amid High-Profile Crimes and Terrorist Attacks 23 May 2013
In the wake of the Boston bombing manhunt and the Sandy Hook massacre, governments, schools and other organizations are turning to mass notification systems (MNS) to help protect public safety, which will spur the North American MNS market to expand by 30 percent from 2013 to 2017. Spending on MNS systems...
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Steady Growth Set for Chinese Audio and Video Door Phone Market 08 May 2013
The Chinese audio and video door phone market—including indoor units, outdoor units and accessories—was estimated to be worth $577 million in 2012. A total of 10.9 million audio and video indoor units were estimated to be shipped, with video units accounting for more than 80 percent of them, according...
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Russian, Eastern European Video Surveillance Market to Double from 2012 to 2017 03 May 2013
Shipments and revenue of video surveillance equipment in Russia and Eastern Europe are on track to approximately double from 2012 to 2017, buoyed by improving economic conditions and preparations for the 2014 Sochi Winter Olympics and 2018 FIFA World Cup, both events to be held in Russia. According...
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Budgets for Physical Security Equipment Are Increasing for End Users 30 April 2013
If the security boom is over then it seems that end users haven’t got the message, with 45 percent claiming that their security budget had increased during 2012, according to an end-user survey conducted by IMS Research, now part of IHS Inc. (NYSE: IHS). In the survey of almost 200 representatives...
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Market for Wireless Infrastructure Gear for Video Surveillance Set to More than Double by 2016 07 March 2013
The global market for wireless infrastructure gear used for video surveillance applications is set to more than double from 2011 to 2016, with a significant amount of growth driven by demand for low-cost systems in emerging economies like China and India. Worldwide revenue for such equipment will soar...
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Untapped Service Revenue Opportunities Abound in Asia’s Elevator and Escalator Industry 04 March 2013
Less than 25 percent of the $31 billion Asian elevator and escalator market is generated from service revenues, in stark contrast to the much heftier proportions that can be found in other territories, suggesting further opportunities for growth are to be found in the Asian space, according to a recent...
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The Sweet Spot for Access Control as a Service 04 January 2013
Access Control as a Service (ACaaS) offers additional revenue and end-user penetration opportunities that traditional access control solutions do not, according to a recent study published by IMS Research (now part of IHS Inc. (NYSE:IHS)), titled The North American and European Markets for Access Control...
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MRL Rises Above Hydraulic in Americas Elevator Market 02 January 2013
Sales of machine-room-less (MRL) elevators in the Americas exceed hydraulic elevators by over $160 million in 2012 with revenues of $1.4 billion, according to a recent study published by IMS Research (now part of IHS Inc. (NYSE:IHS)), titled The World Market for Elevators and Escalators. “MRL is just...
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Video Surveillance Trends for 2013 18 December 2012
IMS Research (now part of IHS Inc. (NYSE:IHS)), has recently released its fourth annual video surveillance trends for the year ahead white paper. These predictions for 2013 and beyond, serve to provide insight into key trends and opportunities in the video surveillance industry. They are:  1.        ...
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Volatile Conditions Detected in Cargo Screening Market 17 December 2012
In its latest study of the $2.6 billion market for explosives, weapons and contraband (EWC) detection equipment, IMS Research, now part of IHS Inc. (NYSE:IHS), found recent political and economic events are causing extreme volatility in demand for cargo and vehicle (C&V) scanning equipment at the world’s...
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Video Surveillance Distributors Face Increasing Competition 13 December 2012
It isn’t easy being a distributor of video surveillance equipment. They usually finance the supply chain, bear the commercial risk of stock being unsold, and, according to new reports from IMS Research (now part of IHS Inc. (NYSE: IHS)), face increasing competition. Still, at least their market is...
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Service Lights Fuse in Explosives Detection Market 11 December 2012
In the $2.6 billion market for Explosives, Weapons, and Contraband (EWC) detection equipment, technological innovations and controversies surrounding airport body scanners continue to grab headlines. But according to a new report by IMS Research, now part of IHS Inc. (NYSE:IHS), developments in the service...
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Clarifying the Complexity of Cloud-based Access Control 03 December 2012
The concept of access control as a service (ACaaS) takes on varying forms of definition which in itself has created confusion in the security industry. New research recently published by IMS Research (now part of IHS Inc. (NYSE:IHS)), titled The North American and European Markets for Access Control...
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The Changing Role of the Security Systems Integrator 29 November 2012
A new report from IMS Research (now part of IHS Inc. (NYSE: IHS)) has found that the transition to IP-based technology in the security industry is changing the role of its systems integrators. Factors such as an increasingly competitive environment as new IT integrators enter the marketplace, declining...
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Vietnam – The Fastest Growing Video Surveillance Market in South East Asia 28 November 2012
In its first edition report on the South East Asia video surveillance market, IMS Research (recently acquired by IHS Inc. (NYSE:IHS)) forecasts that the Vietnam is fastest growing market between 2010 and 2015, at a CAGR (Compound Annual Growth Rate) of 22.3 percent. However, it should be noted that the...
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