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The stakes around video surveillance are increasingly appropriated by numerous institutions, organizations, and individuals across the world, so that video surveillance market is growing steadily year-over-year.
According to research, Japan's video surveillance market is projected to grow at a CAGR of over 8% from 2017 to 2023. Japan is increasingly registering transition of IP video surveillance systems from analog. Japan is witnessing positive growth in various vertical markets primarily across the government & transportation, retail, banking & financial and hospitality.
With Research and Markets, one can cleary observe that, Japan video surveillance market is growing steadily year-over-year owing to growing penetration of IP video surveillance systems in several verticals.
The firm also reveals that, in terms of the overall electronics security market, Japan is estimated to have reached $1 billion in 2016, with surveillance segment being the significant market contributor. I can also note that, the rise in global terrorism is compelling the Japanese government to investing towards deployment of security systems & devices throughout several public infrastructure areas, predominantly airports, metros and key crowded places.