| By 2018, worldwide revenue will reach a projected $23.6 billion |
The global market for video surveillance equipment was worth an estimated $15.0 billion by the end of 2014, up from $13.5 billion in 2013. By 2018, worldwide revenue will reach a projected $23.6 billion, as shown in the attached figure, equivalent to a five-year compound annual growth rate of 12 percent.
“The year 2014 has been one of the most interesting—and disruptive—in recent memory for both the professional and consumer video surveillance...