Video Surveillance Industry Outlook, 2020-2025 - Growing Government & Stakeholder Funding for Developing Smart Cities and Employing City Surveillance Solutions
Canon, Inc. American Depositary Shares (CAJ)
Last canon, inc. american depositary shares earnings: 4/24 04:01 pm
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Source: PR Newswire
DUBLIN, April 20, 2020 /PRNewswire/ -- The "Video Surveillance Market by System, Offering (Hardware (Camera, Storage Device, Monitor), Software (Video Analytics, Video Management System) & Service (VSaaS)), Vertical (Commercial, Infrastructure, Residential), and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.The global video surveillance market size is expected to grow from USD 45.5 billion in 2020 to USD 74.6 billion by 2025, at a CAGR of 10.4%Increasing concerns about public safety and security, growing adoption of IP cameras, and rising demand for wireless and spy cameras are the factors driving the growth of the video surveillance industry. However, violation of privacy is a major restraint.Growing government and stakeholder funding for developing smart cities and employing city surveillance solutions, rising demand for VSaaS services, ongoing technological advancements in Big Data, IoT, and cloud-based services, and increasing tren
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