Security Market Seen Rapidly Adopting Ai, Cloud-based Technologies

The security market ecosystem is rapidly adopting AI, IoT and cloud-based technologies and diverse solutions to provide full proof solutions. The adoption rate for AIoT solutions is growing faster with the awareness of its advantages. 5G-enabled cameras are eliminating cabling needs for applications like highway surveillance. The evolution of security is evident, from traditional methods to integrated technological solutions like AI, IoT, and cloud-based systems. The surveillance industry is estimated at approximately $2 billion in size and is growing at a CAGR of 15-18%. India’s investment in smart city initiatives underscores the growing importance of technology in security.