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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...

ip surveillance, video surveillance service, video surveillance systems

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