Matrix Comsec Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

1250 Matrix Comsec

Matrix Comsec Strengths, Domain Expertise, and Key Differentiators

Matrix has firmly positioned itself as a technology-driven organization, with nearly 40% of its workforce dedicated to product development—a clear reflection of its innovation-led approach. This strong R&D foundation has empowered Matrix to deliver a wide range of advanced security solutions tailored to the dynamic needs of global enterprises. In the domain of IP Video Surveillance, Matrix offers a comprehensive suite including Video Management Systems (VMS), Network Video Recorders (NVRs), and IP Cameras, all designed to deliver intelligent monitoring, real-time situational awareness, and centralized operational control. These solutions are particularly valuable in sectors with stringent security requirements. In parallel, Matrix’s Access Control and Time-Attendance Systems enable secure, accurate, and policy-compliant workforce management across diverse verticals. In telecom, Matrix’s comprehensive suite—spanning Unified Communications platforms, IP-PBX systems, Universal Gateways, VoIP and GSM Gateways, and Communication Endpoints—streamlines enterprise communication and collaboration while reducing complexity. Recognized for feature-rich design, global compliance, and unmatched reliability, Matrix continues to be a trusted name in enterprise-grade security and communication technologies worldwide.

Matrix Comsec Recent Developments

Matrix offers a robust portfolio of NDAA-compliant IP Video Surveillance products and solutions that are continuously updated with the latest technologies. A key upgrade is cybersecurity. Matrix Network Cameras are cyber-secured and aligned with ISO/IEC 27402 standards, featuring Sony STARVIS sensors, 120dB True WDR, quad-stream support, and privacy masking. Matrix Video Management System (VMS) is also cyber-hardened, designed to safeguard against OWASP Top 10 desktop security threats, ensuring secure video data management and access. Deep learning powers advanced applications like Parking Management and Automatic Number Plate Recognition (ANPR). Additionally, Matrix Access Control Solutions are GDPR-compliant and VAPT-certified, ensuring data privacy and system resilience. Global certifications are regularly added to strengthen the portfolio.

Matrix Comsec Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Matrix Comsec applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Matrix Comsec and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Matrix ANANT UCS, Matrix COSEC VYOM, Matrix COSEC CENTRA customers.

Matrix Comsec Overview

394-GIDC, Makarpura

Vadodara, GJ, 390 010, India

91 265-613-7222

https://www.matrixcomsec.com/


Ownership: - x

Number of Employees: 750

Functional Markets: Collaboration, HCM,

Key Verticals: Banking and Financial Services, Communication, CPG, Education, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Retail,

Matrix Comsec Key Enterprise and Cloud Applications

Matrix ANANT UCS, Matrix COSEC VYOM, Matrix COSEC CENTRA

Matrix Comsec Revenues, $M:

Type/Year20232024YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Matrix Comsec Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Matrix Comsec Revenues By Region, $M

Region% of Total Revenues2024 Total Revenues, $M2024 Enterprise Applications Revenues, $M2024 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Matrix Comsec Direct vs Indirect sales

TypeDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Matrix Comsec Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Matrix Comsec Customers


No. of Matrix Comsec Customers: 1000000

No. of Matrix Comsec Enterprise Applications Customers: x

No. of Matrix Comsec Cloud Customers: x

No. of Matrix Comsec Cloud Subscribers: 3 million


Matrix has established a strong global presence with 1 million+ customers across 50+ countries and a robust network of 4,000+ channel partners, reflecting deep market trust and sustained adoption of its security solutions. Trusted across sectors including manufacturing, IT/ITES, infrastructure, hospitality, residential, and defense, Matrix consistently delivers scalable, cyber-secure, and feature-rich systems tailored to modern enterprise needs. Its offerings are built for high-stakes environments where security, compliance, and operational efficiency are non-negotiable.

This widespread confidence is reinforced by the presence of global industry leaders in Matrix’s customer base—Coca-Cola, FedEx, Larsen & Toubro, Ford, Jaguar, among many others—who rely on Matrix to help secure their people, premises, and processes.

Matrix Comsec Market Opportunities, M&A and Geo Expansions

Matrix has consistently demonstrated its commitment to innovation, dedicating approximately 40% of its workforce to product development. This strategic focus has enabled the company to launch a wide array of cutting-edge security solutions tailored to the evolving needs of a global customer base. Matrix’s growth has been powered not only by in-house innovation but also by strong collaborations and strategic alliances with industry leaders, reinforcing its position at the forefront of the security technology sector.

As new opportunities emerge, Matrix continues to explore advancements in cloud technology, artificial intelligence, IoT, and cybersecurity. These focus areas are key to expanding into new geographies, elevating product capabilities, and deepening customer engagement. By aligning with global technology trends and market demands, Matrix strengthens its position as a trusted, future-ready brand serving the security needs of diverse industries worldwide.

Matrix Comsec Risks and Challenges

Matrix’s global expansion has been significantly supported by its strategic alliances with OEM and reseller partners. These partnerships have played a key role in extending Matrix’s reach into international markets by leveraging local expertise, distribution networks, and regional market insights. They have enabled Matrix to customize its offerings to meet diverse customer requirements while ensuring consistent quality and service delivery. Moreover, collaborations with OEMs have facilitated seamless integration of Matrix solutions into larger security ecosystems, strengthening its value proposition globally.

However, this reliance on third-party partners also introduces certain risks. Variability in partner performance, alignment on brand representation, and dependence on external distribution channels may affect customer experience and operational control in certain regions. As Matrix continues to scale, maintaining robust partner management frameworks, consistent training, and stringent quality assurance processes will be critical to safeguarding its brand integrity and ensuring sustained global success.

Matrix Comsec Ecosystem, Partners, Resellers and SI

Matrix has developed a robust global ecosystem with a strong presence across Asia, the Middle East, Europe, North America, South America, and Africa. At the core of this ecosystem is a network of over 4,000 trusted channel partners, enabling Matrix to deliver localized support and region-specific solutions while maintaining the integrity and innovation of its brand. These partners play a critical role in bridging the gap between global product standards and local market needs—ensuring successful deployment, integration, and ongoing support of Matrix’s security solutions.

With strategic partnerships established in countries like the UAE (e.g., Acix in Dubai), Greece (e.g., Cardel), and the Philippines, among others, Matrix ensures its solutions are accessible and relevant across geographies. This widespread network empowers Matrix to respond swiftly to market demands, adapt to regional security standards, and deliver high-quality, scalable solutions to enterprises of all sizes. By nurturing this ecosystem through training, collaboration, and technological alignment, Matrix has positioned itself for sustained global growth and customer success.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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