In this year’s Security 50, a total of 31 companies reported revenue growth in 2025. We asked some of the top revenue gainers to weigh in on their growth strategy. Meanwhile, some companies (both within and outside the list) generated a lot of buzz this year. We also asked these “wavemakers” about the significance of the waves that they created.
Climax
A newcomer on this year’s Security 50, Climax is also a top revenue gainer on the list. The company credited their strong performance to various growth-stimulating strategies.
“Our 2025 revenue grew by approximately 21 percent. The main reasons were new ODM projects, deeper cooperation with existing partners, new product introductions, and expansion into North America and Latin America. Our strengths in wireless technology, customization, quality, and mass production also supported this growth,” said Monica Lin, Marketing Manager at Climax. “We expect continued momentum from existing projects, new product launches, increased North American business, and further development of our Latin American distribution network.”
CP PLUS
CP PLUS is one of the biggest revenue gainers on this year’s Security 50, ranking No. 3, giving a solid performance that the company said was supported by demand across SME, private enterprise, government, and consumer segments, along with market-share gains across geographies.
“Our strength also lies in an integrated ecosystem that brings product development, manufacturing and distribution together. More than 30,000 channel partners and over 1,800 system integrators give us unmatched reach, while our nationwide branch and service network keeps us close to customers long after the sale,” said Aditya Khemka, MD of CP PLUS.
Milestone
Milestone Systems had a great 2025 and reported solid growth for that year, thanks to rising demand especially form Asia, as well as the company’s effort to reinvest R&D.
“2025 was one of our strongest years to date, with global net revenue up 10 percent and APAC growth at 26 percent. Market demand was certainly strong, and APAC remains a focus market in 2026 with growing demand for intelligent video and integrated security solutions. Another strategic driver was how deliberately we reinvested R&D, concentrated on the three pillars we are carrying into 2026: cloud, analytics, and AI-driven solutions. If there is one ingredient for success, it is staying genuinely open. Our platform philosophy lets customers integrate best-of-breed hardware, analytics, and AI tools rather than being locked in with a single vendor,” said Mette Mai Maarup, EVP for Strategy, Communications and Brand at Milestone Systems.
Suprema
Suprema, another strong revenue gainer on the list, cites strong demand for AI-powered facial authentication, disciplined execution across their global channel, and broader adoption in key markets as some of the reasons for growth.
“The record-breaking global adoption of BioStation 3 demonstrated that market demand went beyond device specifications to uncompromising security assurance. By meeting the world’s most stringent data privacy standards including GDPR compliance, certified anti-spoofing protection, and privacy-first innovations like Template on Mobile (ToM) that let users manage their own biometric credentials, we earned the confidence of conservative global markets and secured large-scale deployments across high-security financial, public, and residential sectors. Our strategy combined product innovation with close collaboration with local partners,” said Hanchul Kim, CEO of Suprema.
ZKTeco
Meanwhile, ZKTeco, a global leader in biometric verification and physical security solutions, attributed their solid performance last year to several “important ingredients.”
“One important ingredient was continuous product and platform innovation. We invested in AI-enabled edge devices, multimodal authentication, more capable management software and interfaces that support third-party integration. A second ingredient was our global-local operating model. ZKTeco's regional presence helped us understand local regulations, commercial practices and application requirements, while our global research, development and manufacturing resources supported scale and consistency. A third ingredient was partner enablement. Training, technical support, solution design, marketing cooperation and clearer product segmentation helped partners approach customers with stronger proposals and reduce delivery risk,” said Swift Wu, CEO of ZKTeco Business Group.
Big wavemakers
This year also saw several “wavemakers” whose actions generated a lot of attention in the industry. While some of these companies are outside the Security 50 list, we still asked them about the buzz they created and why they think it’s important.
Verkada
In July, Verkada announced a collaboration deal with NVIDIA, whereby Verkada leverages NVIDIA’s resources to accelerate model training and inference across its rapidly expanding global footprint.
“Since the collaboration began, we've improved the mean average precision of our AI-powered search by 68 percent for spatial-temporal understanding,” said Babak Behzad, Director of Engineering, AI, Search and Analytics at Verkada. “It's a win for us, a win for NVIDIA's team, and ultimately a win for our end users. NVIDIA provides the foundation models and the synthetic data capabilities that expand the range of scenarios we can train and test against. Our engineers handle the model work – the training, the fine-tuning, and getting them to perform in the field – with technical recipes and engineering support from their team along the way.”
Gunnebo and ASSA ABLOY
In August, Gunnebo Group entered into an agreement to divest its Gunnebo Entrance Control business unit to ASSA ABLOY. The other business unit, Gunnebo Safe Storage, will remain within the group.
“Gunnebo Entrance Control has developed into a strong business, with innovative products, service capabilities and talented people. Joining ASSA ABLOY gives the business the opportunity to build on those strengths as part of a global leader in access solutions, with the scale and complementary capabilities to support its continued development. For Gunnebo Safe Storage, the agreement allows us to sharpen our focus further and concentrate our investment and expertise on Safe Storage and SecureTech. It gives us a clearer platform to accelerate innovation, digitalization and service-based business models, while continuing to develop the areas where we see the greatest potential for the Group,” said Stefan Syrén, President and CEO of Gunnebo.
Brivo and EEN
Finally, Brivo and Eagle Eye Networks announced a merger at the end of last year, forming a major AI-powered, cloud-native physical security company operating under the Brivo name. The combined business will integrate access control, AI-driven video surveillance, visitor management, video intelligence, and intrusion detection into one unified platform. According to both companies, customers will benefit from centralized security management, a single support team, and a streamlined service experience.
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