Press release
Alarm Monitoring Market 2019: Overview, Growth, Application, Type, Trends, Revenue and Forecast to 2026
Alarm monitoring system is used for communication between home security system and security service provider. Alarm monitoring systems informs service providers about burglar, fire, and medical emergency in home. The intensity of hazards can be decreased and preventive measures can be taken with the help of alarm monitoring systems. It helps in ensuring safety of people inside home in case of fire and explosions. Medical alarm monitoring systems enable immediate attention from medical personnel in case of medical emergencies.Increase in crime rate and insurance policies with installed security systems are propelling the growth of the World Alarm Monitoring Market. In addition, high adoption rate of home automation systems supplements the growth. However, high cost of installation and maintenance of alarm monitoring systems is obstructing the growth of the market. On the other hand, handheld devices based security systems are expected to create opportunities in the market.
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The prominent companies operating in the market are ADT Corporation, ABB Ltd., Diebold Inc., Siemens AG, Tyco International, UTC, Rockwell Automation Inc., Honeywell International, Schneider Electric SE, and United Technologies Corporation. Expansions, partnerships, collaborations, mergers & acquisitions, new product launches, joint ventures, and others are some of the strategies adopted by these companies to gain stronghold in the market.
KEY BENEFITS FOR STAKEHOLDERS:
• The report offers a detailed analysis of key driving and restraining factors of the world alarm monitoring market.
• This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
• An exhaustive analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
KEY MARKET SEGMENTS:
By Communication Technology:
• Wired Telecommunication Network
• IP Network
• Others
By Input Signal:
• Analog Signal
• Discrete Signal
• Protocol Signal
By Component:
• Remote Terminal Unit
• Alarm Sensors
• Motion Detection Sensor
• Others
By End User:
• Vehicle Alarm Monitoring
• Building Alarm Monitoring
• Others
KEY MARKET PLAYERS:
• ADT Corporation
• ABB Ltd.
• Diebold Inc.
• Siemens AG
• Tyco International
• UTC
• Rockwell Automation Inc.
• Honeywell International
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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