Iveda®, a global leader in AI video and smart city technologies, has announced the expansion of its international reseller network, driving demand for its IvedaAI™, VEMO™ body cameras, and vumastAR™ AI training tool. New partnerships across North America, Europe, Africa, the Middle East, and Asia are deploying these solutions in smart cities, education, law enforcement, and industrial sectors, positioning Iveda for significant growth in the $120.8B physical security market, projected to reach $151.5B by 2030.
Iveda expands reseller network across North America, Europe, Africa, Middle East, and Asia.
IvedaAI, VEMO body cameras, and vumastAR deployed in smart cities, schools, and industrial settings.
Global physical security market to grow from $120.8B (2025) to $151.5B (2030), video surveillance to $88.7B.
Vietnam electronics manufacturer scales IvedaAI-powered vumastAR for industrial efficiency.
South Africa’s private security sector, with 600,000+ personnel, drives demand for VEMO.
Pilot programs expected to evolve into multi-year contracts for recurring revenue.
Iveda’s solutions are gaining traction in demanding environments. In South Africa, where the private security workforce exceeds 600,000, Iveda is partnering with a Johannesburg-based entity to enhance accountability and operational intelligence. “Global spending on private security services is rapidly increasing,” said David Ly, Iveda’s founder and CEO. In Vietnam, a leading electronics manufacturer is deploying IvedaAI-powered vumastAR at scale, showcasing its value in industrial compliance and efficiency. These deployments, alongside pilots in smart cities and education, highlight Iveda’s ability to convert early use cases into long-term opportunities.
The global physical security market is projected to grow from $120.8B in 2025 to $151.5B by 2030, with video surveillance expected to reach $88.7B (CAGR ~8.5%), driven by edge AI and Video Surveillance as a Service (VSaaS) adoption. The Security Industry Association estimates the physical security equipment market will grow from $60B in 2024 to $70B by 2026, underscoring demand for AI cameras, body-worn systems, and IoT platforms—key areas where Iveda excels.
Iveda’s growing reseller ecosystem is a cornerstone of its strategy for scalable, recurring revenue. New partnerships across multiple continents are deploying IvedaAI for smart city infrastructure, VEMO for law enforcement transparency, and vumastAR for custom AI training. “Expanding our global reseller network is a critical driver of our growth strategy,” said Ly. Pilot programs are expected to transition into multi-year contracts, fostering regional rollouts and sustained shareholder value.
As shown in the finance card above, Iveda (NASDAQ: IVDA) closed at $1.54 on September 12, 2025, up from $1.51 the previous day. Despite a year-to-date decline from $3.75 in 2024 to $1.54 in 2025, Iveda’s strategic expansions signal strong growth potential in high-demand markets.
Iveda (NASDAQ: IVDA) provides cloud-based AI video search and surveillance technologies, enabling cities and organizations to enter the fifth industrial revolution. Its IoT platforms support use cases in public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda serves clients globally.