Latest Developments in Global Physical Security Market

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Latest Developments in Global Physical Security Market

  • ICT
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • In January 2025, Spot AI, Inc. launched its Remote Security Agent, an AI-powered solution designed to enhance security in the retail sector. Building on its earlier Video AI Agents, this new offering combines smart hardware with AI to address challenges posed by rising retail crime and limitations of traditional security methods. The Remote Security Agent aims to replace costly, understaffed on-site guards and outdated remote surveillance systems, providing businesses with a more efficient and scalable approach to protecting their premises
  • In April 2025, MCA, Inc. acquired Presidio, Inc.'s Physical Security Integration business (PhySec), strengthening its position as a leading provider of workplace safety and security solutions. The acquisition reflects MCA, Inc.'s commitment to delivering innovative, customizable security offerings while continuing to support clients and invest in new technologies to protect both physical and intellectual assets
  • In August 2024, Rhombus Systems, a leading provider of cloud-managed physical security solutions, announced a strategic partnership with Convergint Technologies LLC, a global leader in integrated security services. This collaboration reflects Rhombus Systems’ continued commitment to expanding its global reach and delivering end-to-end, scalable security solutions. By combining Rhombus Systems’ advanced cloud-native technologies with Convergint
  • In September 2022, Axis Communications launched two advanced multidirectional, dual-sensor cameras tailored for 24/7 operation in challenging lighting conditions. These cameras offer wide-angle overviews and detailed coverage, leveraging a deep learning processing unit (DLPU) based on ARTPEC-8 for enhanced data collection, analysis, and improved processing and storage capabilities
  • In November 2021, ADT's foray into the rooftop solar industry through the acquisition of SunPro Solar, subsequently rebranded as "ADT Solar." This strategic move enables ADT to provide its customers with safe and interconnected solar energy solutions, expanding its service portfolio beyond traditional security offerings