Niall Jenkins

WELLINGBOROUGH, England—Budgets for physical security equipment continue to defy the sluggish economic recovery, with 45 percent of end users reporting that their security funding increased during 2012, according to a survey conducted by IMS Research, now part of IHS Inc.

The world market for PSIM software is estimated to have more than doubled between 2009 and 2011, but limited awareness tempered revenue projections for 2012 and continues to do so for 2013, according to a new report from IMS Research.

The world market for remote monitoring services was worth more than $29 billion in 2011, with the North American market accounting for about 45 percent of revenues, according to a new report from IMS Research.

WELLINGBOROUGH, England—The world market for remote monitoring services was worth more than $29 billion in 2011, equivalent to $2.4 billion in recurring monthly revenue over the course of the year, according to a new report by IMS Research.