The APAC region has emerged to become a main growth driver for the video surveillance market. According to information released by IHS Markit, the total global professional security market was worth US$15.4 billion in 2016, with Asia responsible for the greater part of this market.
The APAC region has emerged to become a main growth driver for the video surveillance market. According to information released by IHS Markit, the total global professional security market was worth US$15.4 billion in 2016, with Asia responsible for the greater part of this market.
China led in terms of market share, holding around 41 percent of the total global market, followed behind by the Americas (25 percent), EMEA (18 percent) and APAC excluding China (14.9 percent). Other than China, two other Asian countries made the list of the top five countries in terms of market share: Japan and India. Japan holds over a third of the APAC security market (excluding China) and 5 percent of the global pie, while India hold...