Sara Verbruggen

Freelance journalist

Author Bio ▼

Experienced freelance B2B journalist and editor, specialising in fields of renewable energy, energy storage, smart grids and nanotech.
July 4, 2017

Sign up to free email newsletters


The State of Physical Access Control in EMEA Businesses – 2020 Report

Milestone Systems named number one VMS provider by IHS Markit

Open platform IP video management software (VMS) provider Milestone Systems, has been named number one VMS provider by IHS Markit, by retaining the number one global position in rankings, for the ninth year running.

The firm also holds the number one spot in both Europe/Middle East/Africa (EMEA) and Asia/Pacific (APAC) and ranking number three in the Americas.

Milestone continues its growth with an increase in net revenue of 18% in 2016 over the year before.

“Our continued focus on co-creation of revenue and innovation with the Milestone community of partners and customers is a significant part of our success. We will continue and further explore this approach in the years to come,” said Lars Thinggaard, president and CEO, Milestone Systems.

The company’s market share estimates show that supply of VMS had become more concentrated in 2016. The four largest VMS vendors all gained share.

“So far, the supply base for video surveillance equipment has been highly fragmented but I believe we will see more consolidation in the years to come,” said Jon Cropley, principal analyst for video surveillance at IHS Technology.

Get your summer security fix in this essential free 'State of the Nation' webinar

Explore the state of security in the United Kingdom in this unmissable webinar led by industry titans Professor Dave Sloggett, Surveillance Camera Commissioner Tony Porter, TSI's Rick Mounfield, BSIA's Mike Reddington and Alex Carmichael of the SSAIB.


Related Topics

Notify of
Inline Feedbacks
View all comments