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The global CCTV market is expected to reach $67.4 billion by 2023. This is up from $40.2 billion in 2017, according to a report. The report cites the ever-growing need for security as the primary driver of this growth. Whether you live in a high-crime area or not, a CCTV system is a valuable addition to any home. Here are 5 reasons why CCTV systems are a necessity in modern homes:

1. You’ll gain peace of mind:

CCTV systems can give homeowners peace of mind by allowing them to monitor their property from their smartphones and tablets. Not only can you keep an eye on your house while you’re away, but you can also see what’s going on when you’re home. If something suspicious is happening at your place, such as someone trying to break in or steal your car, then you’ll know right away and be able to respond accordingly.

2. You’ll be protected regardless of where you are:

The best part about having a home CCTV camera system installed? It doesn’t matter where you are when something happens at home — all you need is a smartphone and an internet connection! From thousands of miles away, you’ll be able to keep an eye on everything that goes on around the clock without needing to worry about getting back in time.

3. You can get to the bottom of any mystery:

CCTV cameras have become so advanced that they can now capture video in even the dimmest lighting conditions. This means that you’ll be able to see what’s going on in your home, no matter what time of day it is or how much light there is in the area. This will give you peace of mind and help you get to the bottom of any mystery that may arise.

4. You might be able to save on your insurance premiums:

Many insurance companies offer discounts on home insurance policies if they’re installed by professionals. With these discounts, homeowners can save up to 20 per cent off their annual payments over time, which can add up to thousands of dollars over many years. It’s worth checking with your insurer if you have access to this option!

Conclusion:

CCTV systems are a crucial addition to any home, and they become more affordable by the day. They make homes much safer places to live, and that is a good thing!