According to global tech market advisory firm ABI Research, the COVID-19 pandemic is expected to cause a significant pushback on biometric device shipments, creating a major revenue drop of $2 billion over the course of 2020.
A just-released report from IMS Research, Wellingborough, U.K., predicts that the security systems market in the Americas will grow at an average rate of 7 percent per year to more than $30 billion by 2016.
It may be time to rewire the contractor/project business model with services that include recurring monthly revenue (RMR) beyond monitored security and equipment maintenance and service.
Take a look at the facts and figures featured in the SDM 100 report for 2011: There’s much to smile about this year, as more than eight in 10 of SDM 100 companies (82 percent) thinks 2011 will bestow increased revenues compared with last year.
The first annual SDM 100, published in 1991, reported that total annual revenue among the top 100 alarm firms was $2.32 billion for 1990. This year the SDM 100 counts