Milestone Systems and Genetec Enjoy Joint No 1 VMS Ranking in 2012 -- Security Today

Milestone Systems and Genetec Enjoy Joint No 1 VMS Ranking in 2012

Jun 12, 2013

Milestone Systems and Milestone Systems and Genetec Enjoy Joint No 1 VMS Ranking in 2012 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.

The global VMS market for CCTV and video surveillance was valued at more than $650 million in 2012, with forecasts projecting revenue to hit north of $1.6 billion by 2017. All three geographic regions representing the Americas, Asia and the collective Europe-Middle East-Africa (EMEA) territory will exhibit strong, double-digit expansion during the next five years. Asia, driven largely by China, will be the fastest-growing area for VMS.

“While ranking of the Top 4 suppliers remained unchanged, last year marked the first time that the No. 1 spot was held concurrently by two entities,” said Jon Cropley, principal analyst for video surveillance at IHS and author of the report from which these findings were taken. “Milestone Systems, which had held the pinnacle position since the VMS category was added to the IHS video surveillance reports in 2004, retained the largest market share in EMEA, but rival Genetec was the top performer in the Americas.”

Even so, the overall VMS market remains fragmented with no single supplier possessing share greater than 10 percent. Moreover, some of the smaller suppliers—particularly those in Asia—are growing much more quickly than the market on average as noted by Cropley.

The VMS space will remain highly-competitive within the next five years, with innovative solutions and keen prices expected to be critical variables. The healthy projected growth, however, could mean rich rewards for the most successful suppliers.

The report entitled “The World Market for CCTV and Video Surveillance Equipment – 2013 edition” is available now from IHS. Readers should note that the market share estimates are based on supplier revenues from the sales of VMS software and licenses during the 2012 calendar year; shares are not calculated from software shipments or installations.

Featured

Browser-Based AI Agents: The Silent Security Threat Unfolding

Some of the most revolutionary advances in artificial intelligence include browser-based AI agents, which are self-sustaining software tools integrated into web browsers that act on behalf of individuals. Read Now
- Cybersecurity
Report: Cybercriminals Abandon Tech Tricks for Personalized Email Deception Tactics

VIPRE Security Group, a cybersecurity, privacy, and data protection company, has released its email threat landscape report for Q2 2025. Through an examination of worldwide real-world data, this report sounds the alarm on the most significant email security trends observed in the second quarter of 2025, enabling organizations to develop effective email security defenses for the remainder of the year. Read Now
- Cybersecurity
AI-Generated Code Poses Major Security Risks in Nearly Half of All Development Tasks

Veracode, a provider of application risk management, recently unveiled its 2025 GenAI Code Security Report, revealing critical security flaws in AI-generated code. The study analyzed 80 curated coding tasks across more than 100 large language models (LLMs), revealing that while AI produces functional code, it introduces security vulnerabilities in 45 percent of cases. Read Now
- Artificial Intelligence
- Cybersecurity
Unlocking the Possibilities

Security needs continue to evolve and end users are under pressure to address emerging risks and safety concerns. For many, that focus starts with upgrading perimeter openings and layering technologies—beginning at the door. Read Now
- Access Control
- Dealers and Integrators
Freedom of Choice

In today's security landscape, we are witnessing a fundamental transformation in how organizations manage digital evidence. Law enforcement agencies, campus security teams, and large facility operators face increasingly complex challenges with expanding video data, tightening budget constraints and inflexible systems that limit innovation. Read Now
- Video Surveillance

Security Today eNews

Sign up today for essential industry news and product information that can help you stay afloat in the fast-paced world of security.

Email Address*Country*

Please type the letters/numbers you see above.

Webinars

Whitepapers

New Products

Camden CV-7600 High Security Card Readers

Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.
ResponderLink

Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.
EasyGate SPT SPD

Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.