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US security industry growth outpaces GDP growth

Despite the backdrop an unfavorable economic climate, the security industry in the U.S. in general is outperforming expectations, with video-related products driving growth, according to trade associations, which on the whole are optimistic about where the security industry is going. The Security Industry Association (SIA) is the leading trade association in the electronic
News World

Assa Abloy acquires citizen ID business in the UK

Assa Abloy has signed an agreement to acquire the international identity solutions business of De La Rue, a leading passport manufacturer based in the UK. “De La Rue´s international identity solutions business is a strategic technological addition to the Assa Abloy Group. The company reinforces our current offering within secure identity solutions. The acquisition of
News World

Hikvision launches new technology partner program portal

Hikvision is launching the Technology Partner Program Portal (TPP Portal). This new web-based portal is designed to enhance the collaboration with technology partners and systems integrators, enable development of new and innovative solutions for customers across all markets, and further drive market growth. Technology partners can use the marketing capabilities of the
News World

Strong growth predicted for vehicle access control

The global vehicle access control market is projected to grow from USD 10.8 billion in 2020 to reach USD 22.6 billion by 2027, at a CAGR of 11.2%. The growth of the vehicle access control market, according to the latest report from Marketsandmarkets, is influenced by the rising demand for security & safety features, increase […]