Iveda® , a global leader in AI video and smart city technologies, announced the expansion of its international reseller network, signaling accelerating worldwide demand for IvedaAI™, VEMO™ body cameras, and vumastAR™, the company’s custom AI training tool. Through new partnerships across North America, Europe, Africa, the Middle East, and Asia, Iveda’s solutions are being deployed in some of the world’s most demanding environments—from municipalities modernizing smart city infrastructure and schools strengthening campus security, to law enforcement and private security agencies adopting VEMO for greater accountability and transparency.

The market opportunity for AI-powered physical security is substantial and accelerating, with projections placing global physical security market growth from $120.8B in 2025 to $151.5B by 2030. Video surveillance is also expected to expand to $88.7B by 2030 (CAGR ~8.5%), driven by adoption of edge AI, video analytics and Video Surveillance as a Service (VSaaS) models.

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Research from the Security Industry Association also estimates the physical security equipment market will grow exponentially––from ~$60B in 2024 to ~$70B by 2026—placing the combined equipment and services market in the hundreds of billions, underscoring near-term demand for hardware, analytics, and managed services. These forecasts point to sustained investment in AI cameras, body-worn systems, and integrated IoT platforms— precisely the segments where Iveda’s technologies excel.

“Global spending on private security services is rapidly increasing, particularly in regions where public safety infrastructure is strained or complemented by private solutions,” said David Ly, Iveda founder and CEO. “In South Africa, for example, the private security workforce exceeds 600,000—more than double the combined size of its police and military. We’re working with a partner in Johannesburg and see an enormous demand for technology that enhances accountability and operational intelligence in this sector. It is exactly the type of market where Iveda delivers immediate, measurable impact.”

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Beyond public safety, Iveda’s AI platforms are gaining traction in international markets across multiple sectors. A leading electronics manufacturer in Vietnam is already deploying IvedaAI-powered vumastAR at scale, underscoring demand for AI-driven efficiency and compliance in industrial environments. Combined with active pilots in smart cities, education, and private security worldwide, these deployments highlight Iveda’s ability to convert early use cases into long-term global growth.

The expansion of Iveda’s reseller ecosystem lays a strong foundation for recurring, scalable revenue growth. Pilot programs and field deployments now underway are expected to evolve into multi-year contracts and regional rollouts, building momentum across multiple industries at once.

“Expanding our global reseller network is a critical driver of our growth strategy,” continued Ly. “By combining our partners’ deep market expertise with Iveda’s AI and IoT platforms, we are creating meaningful, real-world impact while building long-term shareholder value. What we are seeing now is only the beginning of a much larger wave of adoption worldwide.”