Security News > 2022 > January > Video surveillance systems market to grow steadily by 2026

The video surveillance systems market is expected to grow at a CAGR of 10.06% over the forecast period 2021 to 2026, according to ResearchAndMarkets.

Commercial segment is to dominate the video surveillance systems market.

Cameras offer a wide range of video surveillance applications, including scene monitoring, facial recognition, video smoke detection, remote video monitoring, automatic number plate recognition, etc.

With the growing need for security, high-definition technologies in video surveillance are expected to penetrate the market during the forecast period.

The introduction of the smart cities concept in the country is the major driving force for the video surveillance market in China.

One of the pioneer systems designed using video surveillance was the Hangzhou "City Brain" project, created by Chinese retail and tech company Alibaba, which uses camera systems and sensors across the city to collect data on road conditions in real-time.

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https://www.helpnetsecurity.com/2022/01/11/video-surveillance-systems-2026/