Digital transformation for video surveillance
Security surveillance systems are used globally across industries, including governments, enterprises, financial institutions, hospitality, transportation, education and healthcare. All of these organizations are expected, and often required, to have a certain level of security and monitoring measures in place. As a result, there has been a dramatic increase in the demand for security applications such as video surveillance to monitor and record activities at borders, ports, transportation infrastructures, corporate buildings, educational institutions, public places, and buildings. This increase in demand is driving the video surveillance market growth globally. According to a recent report by market research and strategy consulting firm Global Market Insights, the IP security camera market is forecast to exceed $20 billion USD by 2024.
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