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Iveda Solutions Inc. (IVDA) Expands Reseller Network for AI Training Tools

Iveda Solutions Inc. (NASDAQ:IVDA) is one of the best AI stocks to buy under $5. On September 11, the company announced the expansion of its international reseller network across North America, Europe, Africa, the Middle East, and Asia. Expansion of the reseller network is part of an effort that seeks to enhance scalable revenue growth.

The expansion comes amid growing demand for the company’s AI training tools IvedaAI, VEMO body cameras, and vumastAR. The company is eliciting strong demand from municipalities modernizing their smart city infrastructure, schools strengthening campus security, and law enforcement agencies.

Consequently, Iveda has moved to capitalize on the growing demand for AI-powered physical security solutions in a market expected to reach $151.5 billion in 2030 from $120.8 billion in 2025

“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. “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.”

Iveda Solutions Inc. (NASDAQ:IVDA) is a provider of cloud-based artificial intelligence (AI) video search and surveillance technologies that protect people, places, and assets worldwide. Its core AI offering, IvedaAI, provides intelligent search capabilities for video and analytics, while its Cerebro IoT platform integrates various smart sensors and devices for data management.

While we acknowledge the potential of Iveda Solutions Inc. (NASDAQ:IVDA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IVDA and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Beginner Stocks to Buy According to Analysts and 10 Best Tech Stocks to Buy According to Cathie Wood.

Disclosure: None. This article is originally published at Insider Monkey.

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