The Implications of Analytics

The growth numbers are staggering. According to several research surveys, the overall public safety and global security market size is estimated to see growth of $247.53 billion this past year to more than $456.56 billion by 2021; at a healthy Compound Annual Growth Rate (CAGR) of 13.0 percent. By contrast, the video surveillance market is expected to increase to $40.8 billion by 2020 at a CAGR of 15.86 percent. However, the challenges to this growth windfall are even more compelling when one considers concerns surrounding intelligent data consumption and privacy.

 

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