DALLAS—The North American market is, and will remain, the largest segment of the global video analytics market from 2015 to 2020 as the market grows worldwide. Cloud integration is a key trend and, while business intelligence is a rising application, security and life safety remains the top application for video analytics.
DALLAS—The North American access control market will rise to about $5 billion in 2020, up from $2 billion in 2014, while the global market will reach $10.3 billion, according to a Marketsandmarkets report.
DALLAS—The North American home automation market will grow from $2.21 billion in 2013 to $4.29 billion in 2020, a CAGR of 9.17 percent, according to Marketsandmarkets research analyst Sarmistha Biswas.
DALLAS—The global energy security market for power plants is projected to reach $67.9 billion by 2018, up from $49.27 billion in 2013, reflecting a CAGR of 6.6 percent, according to a recent report* from MarketsandMarkets, a market research firm based here.
PUNE, India—Demand among government agencies, large enterprises and tech establishments is expected to push the global physical security market, currently worth about $55 billion, to a value of $85 billion by 2018, according to a new report by the research company MarketsandMarkets.