According to a report by Jon Cropley, principal analyst for video surveillance at IHS Markit, the world market for professional video surveillance equipment grew by 3.9 percent in 2016. While this is a higher rate of growth than in 2015 (1.9 percent), it is still low by historical standards, IHS reported. 

The Chinese market accounted for more than 40 percent of global revenues, growing by 7.2 percent in 2016. However, exchange rate changes did play a role in suppressing a higher calculated growth in that currency (as the average annual exchange rate of the Chinese Yuan Renminbi to the U.S. dollar fell by 6.6 percent in 2016).