Journalist, IFSEC Global

June 5, 2018

Sign up to free email newsletters

Download

The Video Surveillance Report 2021

Milestone Systems celebrates 10th year in a row as top VMS provider

Milestone Systems has been named the top VMS provider in the world for the 10th year in a row.

According to market research carried out by business intelligence provider IHS Markit, Milestone Systems’ revenue growth tripled that of the overall market.

Milestone Systems’ revenue growth was 21% over 2016, compared to 8% for the overall market and in 2017 the company had a global VMS market share of 10.2% which was an increase from 9.1% in 2016.

“Our open platform community and partnership business model is the reason for the positive development.” Lars Thinggaard, president and CEO, Milestone Systems

The provider of open platform video management software provides solutions aimed at enabling companies to protect their assets and increase business efficiency.

Milestone Systems not only retained the number one position globally but also holds the number one spot in Europe/Middle East/Africa (EMEA), with a market share that increased to 17.1% from 14.8% in 2016.

Lars Thinggaard, President and CEO, Milestone Systems said: “We will keep investing in our partner community, focusing on new technologies within cameras, access control and video analytics. We believe in a future where video will play an even more significant role in understanding data sources from the increasing numbers of devices that connect people and assets.”

Milestone Systems is exhibiting at IFSEC International, 19-21 June 2018, ExCeL London. You can find them on stand C340. Register now.

Free Download: The Video Surveillance Report 2021

Discover the latest developments in the rapidly-evolving video surveillance sector, directly from the people at its heart. We surveyed over 400 professionals working in the field to bring you the 2021 Video Surveillance Report. Responses come from installers and integrators to consultants and heads of security, as we explore the latest trends in the sector including video analytics; the use of surveillance outside of security operations; cloud-based storage solutions; integration; the impact of COVID-19; the market outlook and more!

Download for FREE to discover top industry insight around the latest innovations in network cameras and video surveillance systems.

VideoSurveillanceReport-FullPage-21

Related Topics

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments