Hanwha Vision – Global Port Security System Spending By Mordor Intelligence
Hanwha Vision – Global Port Security System Spending By Mordor Intelligence
As the maritime industry faces increasing demands for higher efficiency and security, the case for investing in AI-driven video surveillance has never been stronger.
In fact, market research firm, Mordor Intelligence, reports that global port security system spending will significantly rise over the next five years. The firm estimates that by 2029, security system spending will exceed $30 billion, a nearly 40% increase compared to 2024. Part of this additional spending will go towards updating security infrastructure with modern AI video surveillance systems like those offered by Hanwha Vision.
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