Reportstack has announced a new market research report on the Global Surveillance and Security Equipment Market is expected to post a CAGR of 13.58 percent from 2014-2019.
Loss of data and physical intrusion can be catastrophic for organizations of any size, as this can reveal sensitive information about the company, as well as staff and customers. “The market has witnessed an increased adoption of security and monitoring solutions to prevent unauthorized intrusion to property and information,”.
To access full report with TOC, please visit Global Surveillance and Security Equipment Market 2015-2019.
he report emphasizes the emergence of panoramic cameras that are expected to boost market growth. A huge number of threat activities up to and including terrorist attacks are taking place in areas like airports, casinos, and other retail sectors. Hence, these areas need to be monitored from all angles using panoramic cameras to get a full view of the area.
Furthermore, the adoption of cloud-based video surveillance systems is also picking up in the market, as these systems are very cost-effective. “In a cloud model, the company only needs to pay for what they use, so they don’t have to pay for the entire licensing cost of video analytics software,”.
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