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Fecha de registro: 14 sept 2021

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The global security market size is anticipated to reach USD 167.12 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 10.3% during the forecast period. The adoption of security systems is increasing as they offer high quality surveillance with optimized distortion. Rise in illegal activities across the globe coupled with stringent government regulations has led to a surge in adoption of security systems. The maintenance and support segment is anticipated to witness substantial growth, owing to the need for regular maintenance, post installation.

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