Global Security-as-a-Service Revenues to Surpass $16B by 2026, Report Says
In North America, the SaaS market is expected to garner $8 billion in revenues by the end of the forecast period.
In North America, the SaaS market is expected to garner $8 billion in revenues by the end of the forecast period.
The BAS market is growing at 10.7% CAGR, according to research firm Markets and Markets.
The U.S is projected to see $36.9 billion in security-related investments, the largest market for security products throughout the forecast.
Iris recognition device shipments are forecast to increase from 10.7 million units in 2016 to 61.6 million units in 2025.
Terrorism threats, vandalism and violence in public places such as city centers and educational institutions are some of the factors leading to increasing demand for EAC systems.
Market intelligence firm Tractica forecasts fingerprint recognition, voice recognition, iris recognition and facial recognition will be the leading modalities as biometrics use cases continue to expand.
A new research study by Memoori provides market research and global investment analysis for the access control, intrusion alarms and video surveillance sectors.
The Americas dominated the global Security as a Service market in 2015, capturing 65% of the overall market share.
In 2015, the global market for video surveillance outpaced both the access control and intrusion alarm systems.
Leading market drivers include national public safety initiatives like FirstNet and NG911 in the United States.
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
