With video management and analytics software becoming more sophisticated and the rise in adoption of high-quality IP cameras, the video surveillance market is in the midst of a technological evolution, according to ABI Research.

As a result, ABI forecasts that global value-added services market revenues will top $10 billion by 2021. Data and analytics services, as well as device and application platform services, will show the strongest revenue growth within the non-consumer video surveillance market, the firm says.

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