5 factors fueling the growth of surveillance and security in businesses
In 2016, the video surveillance industry was valued at over $30 billion and is expected to rise to $75.64 billion by the year 2022, with a CAGR (Compounded Annual Growth Rate) of 15.4 percent between 2017 and 2022.
The private security industry, on the other hand, has been booming since the year 2010 and is projected to continue through 2020. As a matter of fact, a study by the Institute of Finance Management and ASIS, the US security industry was revealed to be a $350 billion market. Specific occupations within security such as security guards, investigators and detectives are all …
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