Market Analysis Report Video Surveillance Market | Page 2
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Increasing concerns regarding public security and safety are expected to provide impetus to the market.
Rising cases of crime and terror attacks are encouraging the implementation of video surveillance systems at
public places. Demand for surveillance cameras is further supported by their declining prices. In addition,
soaring demand for DIY and spy cameras is likely to propel the market during the forecast period.
Development of smart cameras and several associated sensors has boosted the prominence of video
surveillance-as-a-service (VSaaS). This service allows an improved approach to perform surveillance and
bridge the gap between prosecution models, with a more reliable security system. Therefore, advancements
in the field of VSaaS are poised to bolster the growth of the global market. On the other hand, lack of unified
standardization and need for high initial investments are projected to impede market growth.
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goods-industry
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