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September 16, 2020$979M worth Market for Gunshot Detection System
According to a report about Gunshot Detection System, the market growth is estimated at USD 594 million in 2020 and is projected to reach USD 979 million by 2025.
Gunshot detection systems for homeland security were first used in the U.S. These systems are primarily used by law enforcement agencies. They are installed at a height of more than 30 feet above the ground at select locations of the coverage area. These include walls, poles, streetlights, and buildings, among others. Increase in the incidents of mass shootings in educational institutions is a prime concern.
North America region shows the highest potential for implementation of gunshot detection
North America is expected to drive the growth of the gunshot detection system market in the coming years. Major US cities are planning to install indoor gunshot detection systems at universities, corporate office locations, and financial facilities, among others, over the next five years.