Electronic surveillance

This Is How Investors Will Profit From Ubiquitous Surveillance

Boosted by emerging technologies, video surveillance has become a service. And it is about to explode.

A global research consulting group reports that the market for Video Surveillance-as-a-Service (VSaaS) will grow from $30.37 billion a year in 2016 to $75.64 billion in 2022, a compound annual growth rate of 15.6%.

VSaaS providers are poised to clean up.  Demand is surging thanks to the perception of rising crime rates, increased terror attacks and acceptance of video surveillance. Meanwhile, the cost of camera sensors, network storage and computing power is plummeting.

Then there is automation. Video surveillance used to be labor intensive. Humans monitored video screens 24/7. They are being largely replaced by software algorithms capable of recognizing faces and detecting movement, even in the dark.