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Last Updated: 05-09-2016 7:38
Solutions for Rising Video Surveillance Storage Demands
The Video Surveillance Market
Demand remains high for video surveillance solutions.
The world market for video surveillance equipment will surpass $16 billion in 2016. Yet, the market is still not saturated. In a recent report on the installed base for video surveillance equipment, IHS estimates that there is one camera installed for every 29 people on the planet.
As well as new installations, retrofits and upgrades are a significant part of the market, a market which globally is expected to see a compound annual growth rate (CAGR) of 20% in new camera unit shipments from 2014 to 2019.