Security & surveillance technology - statistics & facts
Technological innovations are bringing both considerable opportunities and more complex challenges than ever before, and the security surveillance market is no exception. Technology plays a major role in enhancing security and surveillance capabilities by offering many technical solutions, such as alarms, access control devices, and video surveillance. In 2024, the information security products and services market was forecast to exceed 200 billion U.S. dollars, up from around 150 billion U.S. dollars in 2021. Meanwhile, market sub-segments like facial recognition continue to thrive, proving to be both highly profitable and rapidly expanding, thanks notably to the growing integration of artificial intelligence (AI) in security systems.
