U.S. Security Camera Penetration Rate Rivals China’s, Report Says
The retail and commercial markets are estimated to have the largest numbers of security cameras installed in the United States.
The retail and commercial markets are estimated to have the largest numbers of security cameras installed in the United States.
The global market for perimeter security equipment will rise to more than $2 billion by 2023, up from $1.3 billion in 2018, according to IHS Markit.
Global revenue from video surveillance storage equipment, a key element of ICT infrastructure, has been growing rapidly, according to IHS Markit.
State capitals and major cities have been a sustainable growth engine for the rapid development of the city surveillance market in recent years, according to IHS Markit.
The Federal Risk and Authorization Management Program (FedRAMP) is projected to be a key market driver for MNS solutions.
All told, the research firm estimates the market for DIY intrusion alarm equipment totaled $60 million worldwide in 2016.
IHS Markit projects global revenues for PIAM systems will more than triple by 2021, thereby posing a potential threat to access control manufacturers.
A new whitepaper published by IHS Markit is aimed at helping government officials and other key stakeholders understand the benefits and challenges of safe city projects.
Despite the combined operations, IHS Market forecasts low penetration and fast growth means opportunity remains for other competitors.
The research firm suggests service providers will have to offer flexible billing models in order to preserve growth in the smart home market.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
