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North American video surveillance market poised for rapid expansion

July 15, 2014Leif Kothe

BLOOMINGTON, Minn.—With the technology becoming ever more sophisticated, video surveillance systems are on the verge of becoming an indispensible component of security systems worldwide. In the coming years, the growth of the North American market is expected to reflect that reality.Worth $4.56 billion in 2013, the market is projected to reach $15.81 billion by 2020, according to a market report from BIS Research titled, “Video Surveillance System (camera, storage, monitor, software &...

BIS Research, Physical Security, Ravi Baid, Video Surveillance, VMS