City Surveillance Market Surpasses $3 Billion, Driving Analytics Adoption
The global market for city surveillance equipment surpassed $3 billion in 2017, and it’s expected to grow at an average annual rate of 14.6 percent from 2016 to 2021, according to a report from IHS Markit.
The report analysis notes that the primary focus on city surveillance projects is to help law enforcement address public safety and reduce crime, but the larger footprints of these projects produce more complicated risks and technical issues than other surveillance applications.