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A Billion Surveillance Cameras Forecast To Be Watching Within Two Years

As governments and companies invest more in security networks, hundreds of millions more surveillance cameras will be watching the world in 2021, mostly in China, according to a new report. The report, from industry researcher IHS Market, to be released Thursday, said the number of cameras used for surveillance would climb above 1 billion by the end of 2021. That would represent an almost 30% increase from the 770 million cameras today. China would continue to account for a little over half the total. Fast-growing, populous nations such as India, Brazil and Indonesia would also help drive growth in the sector, the report said. IHS analyst Oliver Philippou said government programs to implement widespread video surveillance to monitor the public would be the biggest catalyst for the growth in China. City surveillance also was driving demand elsewhere.