Global Homeland Security Surveillance Camera Market Driven by Increase in Traffic Surveillance: Technavio
In this report, Technavio covers the market outlook and growth prospects of the global homeland security surveillance camera market for 2017-2021. By application, this market is divided into infrastructure security, border security, and public protection segments.
The global homeland security surveillance camera market size is expected to reach USD 6.64 billion by 2021. The increase in traffic surveillance is one of the key factors driving the growth of the market. The homeland security of several countries places cameras at regular intervals to manage traffic and special events, maintain law and order, and handle incidents efficiently.
Technavio’s research study segments the global homeland security surveillance camera market into the following regions:
Americas: largest homeland security surveillance camera market segment
“The market in the Americas is dominated by the US, followed by Canada, Argentina, and Brazil. The US Department of Homeland Security has made effective use of security cameras to deter criminals from attempting any crime,” says Moutushi Saha, one of the lead analysts at Technavio for homeland security research.
North America leads the global homeland security expenditure and technological advancements and generates a very high demand for surveillance cameras. South American countries such as Argentina and Brazil have also made significant investments in the development of such cameras, thereby driving market growth.