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Video surveillance market to pass $36B by 2018, report says

October 22, 2013SSN Staff

DALLAS—A recently released MarketsandMarkets report predicts the video surveillance systems and service market will be worth $36.28 billion by 2018. Advances in technology, growing use of cloud-based services and an increasing need to deter crime are driving market growth, the report says. While hosted video is a cost-effective solution, increased awareness of surveillance could lead to further growth in the industry, according to the analysis. IP surveillance is expected to experience substantial...

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