Novaira Insights – a new video surveillance market research provider releases its first report, ‘The World Market for Video Surveillance Hardware and Software – 2021 edition’. It is sometimes said that the video surveillance market is recession-proof.
That when economic conditions deteriorate, there continues to be spending on security hardware and software. However, market conditions in 2020 were unprecedented. Restrictions in response to the COVID-19 pandemic meant that many organisations were closed for large parts of the year.