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Global Video Surveillance Market to Reach $48 Billion by 2030, Says Memoori Report

The latest market research by Memoori forecasts steady growth for the global video surveillance industry, projecting revenues to rise from $35,5 billion in 2024 to $47,9 billion by 2030.

According to the report “The Physical Security Business 2025 – Video Surveillance Market Research”, the sector continues to expand despite economic uncertainty, driven by technological innovation, AI-enabled analytics, and growing demand for integrated cloud-based systems.

Memoori notes that the video surveillance industry is increasingly influenced by software-centric business models, where value creation is shifting from hardware manufacturing to intelligent solutions. The emergence of subscription-based services, edge computing, and cybersecurity integration are among the defining trends reshaping the market landscape.

The research also highlights regional differences in adoption: while Asia remains the largest market, accounting for nearly 50% of global revenues, North America and Europe continue to show strong growth momentum in enterprise and public-sector projects, particularly in smart cities and critical infrastructure.

Memoori’s comprehensive study offers detailed insights into competitive dynamics, vendor strategies, and innovation trajectories within the industry. The full synopsis of the report is available on Memoori’s official website at:
https://memoori.com/wp-content/uploads/Video-Surveillance-Market-Research-2025-Synopsis.pdf

Securitas Croatia Appoints New CEO

Securitas Croatia, one of the leading companies in the security and protection sector, has appointed a new management team as of October. Saša Vasilić, a long-time member of the company with more than 25 years of experience in the security industry, has been named the new CEO, while the current CFO, Irena Križan, remains a member of the Management Board.

Vasilić began his career as a security officer and has advanced through a number of managerial positions over the years, including leading key projects and serving as Regional Director for Croatia. “We are entering an exciting new chapter, just ahead of the company’s 15th anniversary in the Croatian market,” Vasilić said, emphasizing that the focus of his mandate will be employee development, strengthening client relations, and further digital transformation.

Securitas highlights that Vasilić is “one of the key architects of the company’s success both nationally and internationally,” noting that he is also actively involved in the industry as a member of the Croatian Security Association and Deputy Chairman of the Committee for Critical Infrastructure Protection.

Securitas Croatia has been operating since 2011, employs more than 2,000 people across 12 offices nationwide, and is part of the global Securitas Group headquartered in Sweden. The company provides a wide range of security services – from physical and technical protection to integrated intelligent solutions for sectors such as aviation, energy, finance, industry, and public institutions.

Meet the Jury at the Romanian Security Summit Awards 2025

The Romanian Security Summit Awards 2025 celebrate the technologies and teams that are shaping the future of safety, resilience, and smart innovation. Behind every award stands a jury of distinguished experts whose experience defines industry standards and ensures that every recognition reflects genuine merit and professionalism.

This year’s jury includes:
🔹 Mircea Ciordaș, President, Asociația Română pentru Tehnică de Securitate
🔹 Daniel Kaminski, Senior Solutions Manager, Orange Polska
🔹 Stelian Arion, Owner, Secant Security
🔹 Cristian Soriuc, Owner, Set Alarm International
🔹 Roberto Licari, Security Systems Architect, RL Security Consultancy
🔹 Damir M., Editor-in-Chief, a&s Adria

Public voting is still open, giving everyone the opportunity to take part in deciding who will receive one of the industry’s most prestigious honors:
🔗 Cast your vote here

The Awards recognize achievements in eight categories: Video Surveillance, Access Control, Intrusion Detection, Fire Alarm, PA/VA Systems, Software, Cyber Security, and Most Innovative Product.

The award ceremony will take place on November 5–6, 2025, as part of the Romanian Security Summit, a key regional event that brings together leading experts, innovation, and best practices from across the security industry.

TVT and Network Optix: A Power – packed Partnership

TVT,   AI Video Surveillance Solution Expert, has always been at the vanguard of developing state of the art security and surveillance solutions. Our expertise lies in harnessing the power of AI to create innovative and reliable products. On the other side, Network Optix, with its globally recognized VMS brand NX Witness, is a titan in the video management system space. Renowned for its user – friendly interface and high – performance capabilities, NX Witness has been a go – to choice for security professionals worldwide.

 Innovative Features Unleashed

This collaboration integrates a comprehensive suite of AI-driven analytical capabilities from TVT—all of which seamlessly integrate with the Nx ecosystem.

From identity & vehicle verification (Face Detection, Face Recognition, License Plate Recognition/ANPR) to perimeter & behavior monitoring (Line Crossing, Region Intrusion, Target Counting, Illegal Parking, Loitering Detection), and specialized environmental & safety oversight (Fire Detection via Thermal, Abnormal Temperature Detection via Thermal)—all enhanced by seamless Video Metadata integration.

The Transformative Impact

So, what does this partnership mean for our customers? First and foremost, it offers enhanced security. With these advanced AI analytics, potential threats can be detected and addressed in real – time, minimizing risks. Secondly, it brings efficiency to security operations. Instead of manually sifting through hours of footage, security personnel can rely on the intelligent features to quickly identify and respond to incidents. Finally, it provides scalability. Whether you’re a small business looking to secure your premises or a large – scale enterprise with multiple locations, the integrated solution can be tailored to meet your specific needs.

In a nutshell, our collaboration with Network Optix is not just about combining two great companies; it’s about creating a future – proof security solution that makes the world a safer place.

TVT version Nx Plugin has been submitted to Nx Integrations Marketplace and you can download the Plugin and also the Instructions&Manual here:  https://nxvms.com/integrations/875-tvt-analytics-plugin

ONVIF Launches Free Online Course “Introduction to ONVIF”

ONVIF, the global leader in the standardization of IP-based security solutions, has launched a free online course titled “Introduction to ONVIF”, designed for anyone seeking to gain a deeper understanding of interoperability principles in physical security. The course provides a comprehensive overview of how ONVIF and its standardized interfaces enable compatibility and integration between products and services from different manufacturers.

The program is intended for a wide range of participants – including ONVIF members, manufacturers, system integrators, consultants, and end users – and serves as an ideal starting point for those looking to expand their knowledge of the standards shaping today’s security industry.

Throughout the course, participants are introduced to key topics such as an overview of ONVIF and its membership, the benefits of ONVIF for enhanced interoperability, practical applications of various ONVIF profiles, the concept and advantages of ONVIF add-ons, as well as the process and importance of product conformance with ONVIF standards.

“This e-learning course will help professionals gain a better understanding of ONVIF and the advantages of implementing ONVIF-conformant products within security systems,” said Leo Levit, Chairman of the ONVIF Steering Committee.

The course is free and available to everyone through the official website onvif.org, with registration providing access to interactive modules covering both theoretical and practical aspects of ONVIF standards.

Bosch Life Safety Systems at the Romanian Security Summit 2025 in Bucharest

Bosch Life Safety Systems will take part in the Romanian Security Summit 2025, taking place on November 5–6 at the Romexpo Center in Bucharest. Visitors will have the opportunity to explore the latest Bosch solutions in fire protection and advanced early detection systems.

On the first day of the Summit, November 5, in the James Bond Hall, Bosch will host two expert sessions dedicated to the future of fire safety:

  • Alex Ene, Fire Alarm Business Development Manager (15:00–15:15)

  • Nino Belicki, Fire Alarm System Consultant (15:15–15:30)

During their presentations, the speakers will share market perspectives, technical insights, and demonstrate how Bosch continues to lead the way in developing smarter and safer fire detection systems.

All attendees are also invited to visit Bosch Booth #63 to continue the conversation and learn more about the company’s Fire Alarm & Fire Protection solutions.

Video from Adria Security Summit 2025 held in Skopje

The video capturing the atmosphere of the jubilee Adria Security Summit 2025, held on October 8–9 in Skopje, has just arrived! Take a look at how the region’s largest gathering of security, smart technology, and ICT professionals unfolded.

The video highlights the most memorable moments from the exhibition area, conference sessions, expert panels, and evening networking events. If you were there, relive the great energy and familiar faces. If not – here’s your chance to see what you missed!

📽️ Watch the video and experience the atmosphere of Adria Security Summit 2025 in Skopje once again!

 

Axis Introduces a New Intuitive Portal for Managing Cloud Systems and Users

Axis Communications introduces an intuitive web portal offering remote online access to all your Axis cloud-based applications. With access to your entire system and convenient single sign-on, it makes it easy to manage devices, licenses, and user access.

My Systems provides easy online access to all your Axis cloud-based applications, services and systems—directly from axis.com with no software installation needed. Users will receive notifications on events and actions directly in the My Systems interface. This means they’ll know, for example, whenever warranties or licenses are expiring or if the device software needs to be updated.

Featuring a user-friendly interface, My Systems ensures a seamless user experience. Additionally, it’s personalized so all content is adapted based on individual access rights. With the same intuitive design, it’s easy to navigate between the different applications with minimal difficulty. This is ideal for system integrators and end customers who don’t need to educate themselves on multiple tools helping them save time and effort.

Key benefits include: 

  • Online access to all your Axis cloud-based applications
  • Intuitive, user-friendly design
  • No software installation needed
  • Remotely manage your entire system
  • Convenient single sign-on

With simple and convenient single sign-on, users just need to sign in once with their My Axis account—no need to log in multiple times to different platforms and applications. This makes it easy to manage all devices, licenses, and user access. Plus, it’s possible to view live and recorded video, monitor system health, and connectivity across all sites.

 

ASSA ABLOY acquires Kentix in Germany

ASSA ABLOY has acquired Kentix GmbH, a German designer and manufacturer of monitoring and access control products for datacenters. “I am very pleased to welcome Kentix to ASSA ABLOY. This acquisition delivers on our strategy to add complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“I am delighted that Kentix will join the EMEIA Division. Their strong expertise in access control products for data centers aligns well to our Digital & Access Solutions segment vision. Kentix will expand our capability in the fast-growing data center segment delivering an integrated, future-proof security solution that complements our portfolio and positions us well in this critical vertical. We welcome the team at Kentix to the ASSA ABLOY family,” says Neil Vann, Executive Vice President of ASSA ABLOY and Head of EMEIA Division.

Kentix was established in 2008 and has some 40 employees. The main office and factory are located in Idar-Oberstein, Germany. Sales for 2024 amounted to about MEUR 8 (approx. MSEK 90) with a good EBIT margin. The acquisition will be accretive to EPS from the start.

Honeywell Raises 2025 Outlook After Strong Third-Quarter Results and Ongoing Portfolio Transformation

Honeywell International Inc. today announced its third-quarter results, with overall sales growing 7 % year-over-year and organic sales up 6 %. The company said its results met or exceeded its prior guidance. Operating income declined by 6 %, yet segment profit rose 5 % to US $2.4 billion, driven by strong performance in its Energy & Sustainability Solutions and Building Automation units. The operating margin contracted 220 basis points to 16.9 %, while the segment margin narrowed by 50 basis points to 23.1 %. Earnings per share (EPS) amounted to US $2.86, an increase of 32 % year-over-year, and adjusted EPS came in at US $2.82, up 9 %.

Operating cash flow surged 65 % to US $3.3 billion, although free cash flow slipped 16 % to US $1.5 billion. The company also announced that it is raising its full-year 2025 guidance for organic growth and adjusted EPS, and updated its free cash-flow target, factoring in the spin-off of its advanced materials business. That spin-off, Solstice Advanced Materials, is scheduled for October 30, 2025 and is expected to reduce full-year sales by US $0.7 billion, reduce adjusted EPS by US $0.21 and cut free cash flow by US $0.2 billion. Full-year sales are now expected in the range of US $40.7 billion to US $40.9 billion, with organic growth of approximately 6 %. Segment margin is forecast to be 22.9 % to 23.0 %, representing expansion of 30–40 basis points. Adjusted EPS is now expected to be US $10.60 to US $10.70, higher by US $0.10 at the midpoint from the prior range. Operating cash flow is projected at US $6.4 billion to US $6.8 billion, with free cash flow in the range of US $5.2 billion to US $5.6 billion.

Excluding the impact of a prior agreement with Bombardier Inc. and the Solstice spin-off, the company expects organic sales growth of about 5 %, a segment margin decline of 30–40 basis points, and adjusted EPS growth roughly 3 %. When excluding both the Bombardier agreement and the spin-off, adjusted EPS growth is expected in the range of 5 % to 6 %.

The company said its board has concluded its portfolio review and is pursuing the separation of its Automation and Aerospace businesses, so that it will become three publicly-listed industry-leading companies by the second half of 2026. CEO Vimal Kapur commented that the quarter’s strong results reflect the company’s momentum and its ability to unlock new value as it simplifies the business and advances its transformation.

ISSUES

Global Security d.o.o.

Hasiba Brankovića c, 71000 Sarajevo, Bosna i Hercegovina
Tel: +387 (0)33/788-985
Fax: +387 (0)33/788-986
Web site: www.asadria.com
Marketing: marketing@asadria.com
Subscription: pretplata@asadria.com
VAT no: 201142740001
ID no: 4201142740001
ISSN 1986-5

a&s Adria – professional security magazine for providing total security solutions is a monthly circulating publication and a licenced representative of Messe Frankfurt New Era Business Media for Adriatic region, which consists of following countries: Bosnia and Herzegovina, Croatia, Kosovo, Montenegro, FYR Macedonia, Slovenia and Serbia.