Milestone Systems Retains Top Spot Globally As Provider Of Open-Platform IP VMS Software

  • Sep 21, 2010

Milestone Systems is listed again as the number one provider of open platform IP video management software by IMS Research in its latest report: The World Market for CCTV and Video Surveillance Equipment -- 2010 Edition.

This report from IMS Research found that Milestone Systems increased its market share and maintained its top position of the last six years. Milestone holds the leadership standing for the world market category of ‘Open Platform Network Video Management Software’.

“Milestone Systems continued to perform as the leader in the open platform network video management software category on a global scale,” said Lars Thinggaard, president  andCEO at Milestone Systems. “Milestone maintained a strong cash position and we are very well positioned for continued growth. We have already expanded again in 2010 with the addition of new talent, both in leadership and staff head counts, in support of our international scope.”

The IMS report reflects patterns of growth in the surveillance industry that are marked by increasing competition from new entries in low-end software offerings in regional areas – more vendors are included in the video software category than in previous years.

Milestone is already addressing this trend with its recently released XProtect™ Essential product that combines high value advanced surveillance capabilities for up to five concurrent users and 26 cameras, at an aggressively competitive price level. This can be upgraded to a full range of offerings, where XProtect Corporate is the company’s high-end software for large, multi-site installations and unlimited number of users, with features for making complex sites easier to manage.

"Despite the challenging economic environment, Milestone continued to grow in 2009; further strengthening its market standing. As the global leading vendor by market share for open platform video management software, Milestone is well positioned to build on its success as market conditions continue to improve," said Gary Wong, Research Analyst at IMS Research. “The global analog video surveillance market contracted by more than 5 percent in 2009, while the network video surveillance market grew by more than 18 percent. The increasing adoption of open standards is expected to further accelerate the migration towards network video surveillance.”

IMS Research has also released its report ‘The European Market for Security Systems Integration -- 2010 Edition’, which expands on the above analysis. The report finds that integrated systems will account for over 70 percent of the total security systems installation and maintenance market in Europe by 2013.

 

Featured

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3