Spurred by Big Data, Video Surveillance Market to Grow Through 2025
Spurred by Big Data, Video Surveillance Market to Grow Through 2025
According to a study by TMR Research, a provider of customized market research and consulting services to business entities, rising awareness of safety and security is resulting in greater demand for video surveillance systems across the world. The global market for video surveillance is largely benefitting from the burgeoning demand for IP cameras due to their declining prices and improving functionalities. Moreover, the organization continued in a press release, with the massive amount of data generated every day, the implementation of the cloud technology is increasing, which in turn is working in favor of the market.