fbpx
20.1 C
Sydney
Saturday, February 24, 2024

Buy now

  • HID
  • HikVision ANPR
  • HIKVISION COLOUR VU
HomeSecurityAccess ControlGlobal Electronic Security Market to Exceed $60B by 2024

Global Electronic Security Market to Exceed $60B by 2024

20.1 C
Sydney
27.1 C
Brisbane
22.5 C
Canberra
22.9 C
Melbourne

RECOMMENDED

WEATHER

Sydney
broken clouds
19.8 ° C
20.6 °
18.7 °
76 %
9.3kmh
75 %
Sat
21 °
Sun
24 °
Mon
25 °
Tue
24 °
Wed
27 °

Latest Articles

STAY CONNECTED

2,469FansLike
1,355FollowersFollow
0FollowersFollow

THE global electronic security market, including intrusion detection, access control and CCTV is growing about 10 per cent annually and forecast to exceed $US60 billion by 2024, according to a new report by market research and strategy consulting firm Global, Market Insights.

Public-sector applications are the largest revenue-generating segment globally, according to the report. Various government bodies are making use of advanced solutions for surveillance and criminal detection applications.

For example, in September 2017 a police department in Arkansas was reported to be using drones for highly specialized missions such as the tracking of a suspect or obtaining an inside view and additional information in a hostage situation.

The North America electronic security market is projected to continue dominating the global business landscape, owing to the government initiatives to integrate these electronic security systems into their public safety segment.

SAGE JUL18 960x90 1 1 1

AUTHOR

SEN News
SEN Newshttps://sen.news
Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.

LEAVE A REPLY

Please enter your comment!
Please enter your name here