Japanese government is heavily investing towards deployment of security systems & devices
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.