Alarm Monitoring Market 2019: Overview, Growth, Application, Type, Trends, Revenue and Forecast to 2026
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
By Input Signal:
• Analog Signal
• Discrete Signal
• Protocol Signal
• Remote Terminal Unit
• Alarm Sensors
• Motion Detection Sensor
By End User:
• Vehicle Alarm Monitoring
• Building Alarm Monitoring
KEY MARKET PLAYERS:
• ADT Corporation
• ABB Ltd.
• Diebold Inc.
• Siemens AG
• Tyco International
• Rockwell Automation Inc.
• Honeywell International
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