Mobotix Owner Ups Investment In Knightscope

Has Knightscope provided any information on what they expect the market size to be, in terms of annual revenue and CARG?

From Knightscope's SeedInvest page:

Globally the 200+ countries around the world spend over $500 billion per annum on security in the public and private sector with approximately $300 billion addressable by Knightscope's plans and aspirations. We believe it to be possible to build a $30 billion company focused on advanced physical security technologies with a portfolio of products around the world. As the global population grows from 7 billion to 9 billion people, we believe the worldwide security and law enforcement apparatus will not scale and will require new solutions.

In the U.S. there are 8,000+ private security firms and 17,985  law enforcement agencies - a fragmented marketplace which we believe offers numerous opportunities for disruption. There are 3 major private security firms in the U.S. and Knightscope is partnered with 2 of them: Allied Universal and Securitas. Knightscope can help our channel partners in the private security industry with margin expansion, competitive advantage in the marketplace and long-term employee and client retention by providing a 'sticky' technology set. Globally, G4S employs 600,000 people, Securitas 300,000 people and the new Allied Universal will employ a combined 140,000 people.

Not clear if they mean a $30 billion market capitalization or revenue but, either way, with a current market valuation of ~$100 million, that would be a great return.

How they get to $30 billion is, of course, the hard part. 

They have the following slide in their pitch deck:

Somewhat surprising (to me) is that the machines are only rated for a 5 year service life, and the COGS is roughly equal to first year revenue (~$60K).

Then there are still costs for sales and marketing, staffing their "KSOC", and most likely some amount of maintenance/repair costs over that 5 year lifespan.