Technological advancement has always played a significant role in determining as well as driving the demand for electronic security and surveillance products. According to a report issued by American-British information provider IHS Markit towards the end of 2019, more than one billion surveillance cameras would be installed across the world by 2021 and the maximum growth in the video surveillance market would be seen in developing countries, including India.
While the ongoing pandemic might not have much impact on these numbers, it has definitely influenced the trends in the industry to a great extent, especially with regard to the real estate sector. And these trends are most likely to dominate the practices in 2021.