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Fire & Security Industry news round up 20/01/2017

Fire and Security | Karolina Samsel | 20/1/17

fire and security industry recruiters
This week in our Fire & Security industry news round-up we cover the acquisition on icomply Ltd by Veracity and the impressive growth of Passengers Screening and Global IoT Security markets.

 

Fire & Security industry news round-up for the week ending 20 January 2017

 

Veracity acquire icomply Ltd

Veracity acquire icomply in our Fire in Security industry newsThe UK command and control security software company, has been acquired by Veracity, the IP video transmission, storage and display product company. “With this acquisition, we extend our technical capability and broaden our target market. We will progress the icomply concept to the next level while maintaining an independent and multi-vendor approach which is at the core of its unique value.” says Group CEO of Veracity. icomply will be maintained as a separate business and its operations will be expanded including an imminent move to larger premises near Leeds.

Read more here.

(Professional Security Magazine, 19/01/2017)


Passenger Screening Market is booming

According to the latest research by Frost & Sullivan, the passenger Passenger Screening Market in our Fire & Security industry newsscreening market currently worth $1.74 Billion, and will reach over $11 Billion over the next 5 years on the strength of futuristic products, as well as system maintenance and upgrades. There is a large market for service providers that can ensure quick parts replacement during maintenance checks as service of the screening systems used at checkpoints can be a challenge due to high passenger rates during seasonal travel.

Read more here.

(Security World Hotel, 18/01/2017)


Trends in the security technology market

 

Trends on the security technology market in our Fire & Security Industry newsIn his latest interview with Detektor TV Magazine, industry specialist Martin Gren discusses the Internet Security of Things as one of the main trends in the physical security market and the segmentation of the market being one of the most interesting things that is happening in the industry right now. “I think it is important to take more of an integrated approach to the end user, making sure that you have a package solution that end users really need, not just selling products”.

Read more here & watch the full interview here.

(Security World Hotel, Detektor TV Magazine, 16/01/2017)


Impressive growth of the global IoT security market

Industry experts predictions seem to be confirmed by the latest market Impressive growth of the global IoT security market in our Fire & Security Industry newsresearch by Technavio that expect the global IOT security market will experience rapid growth and will post a CAGR of close to 48% during the forecast period between 2017 and 2021. The growth will be driven mostly by the increasing adoption of cloud-based services. With this growing trend of cloud technology, becomes imperative for service providers to make the use of cloud platform secured against any unauthorised access.  The APAC region is expected to dominate the market in the future because of the high adoption of IoT security solutions among SMEs.

Read more here.

(Security World Hotel, 17/01/2017)

 

 

Our weekly fire and security news round-up regularly features supplier news, product launches, events, our own articles, and much more. Check back each week to catch up on the industry news affecting the fire & security sector collated by our team of fire & security recruiters.

Eligo Fire & Security are a leading Fire & Security recruitment agency specialising in jobs and recruitment across the sector. Companies we work with include major distributors, installers, manufacturers, integrators, consultants, and end users. Take a look at our company page to find out more. 

If you have a news article you would like featured in our industry news or would like to work with Eligo Fire & Security to product content please do not hesitate to get in touch.

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