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.
To read the full article, please click here.