Electronic Security Market Revenue, Growth Trends & Forecast With Top Companies - ADT, ASSA ABLOY Group, Axis Communications, Bosch Security and Safety Systems, FLIR Systems, G4S, Johnson Controls

Electronic security market is certain to reap substantial profits in the upcoming period, courtesy- growing governmental initiatives emphasizing on the adoption of advanced security system in high traffic locations that are more prone to perceived threats such as transit stations, shopping malls, and public roads. The efforts being undertaken by the Indian Government, in this regard, is worth mentioning. Reportedly, the regional government, in the year 2014, had set up a fund of USD 125 million, exclusively dedicated to prevention of sexual violence, for the installation of advanced surveillance system at high risk zones.

The electronic security market stands to reap substantial benefits in the upcoming times as the advancement in technology, expanding geographical reach, emergence of new business models, earnest government interventions, smart city phenomenon, and accelerated growth of real estate sector among other driving factors, will accentuate the market-specific consumption and will, in turn, steer the electronic security market to achieve greater heights of revenue growth.

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The electronic security market has been gearing up to tackle the growing concerns of security and safety across all domains. The upcoming electronic security firms seem to be aware of the need to become proactive rather than being reactive to the perceived threats and probable incidents leading to loss of human life and weakening of financial assets. A prominent example that can be noted here is of e-surveillance technology.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Developer & Manufacturer Profiles
2. ADT LLC
3. ASSA ABLOY Group
4. Auto Clear LLC
5. Axis Communications
6. BOSCH Security Systems
7. Brivo Systems
8. Fisher Research Laboratory
9. FLIR Systems
10. Frontier Pitts
11. Future Fibre Technologies
12. G4S PLC
13. Hitachi Ltd
14. Honeywell International Inc.
15. Johnson Controls International Plc.

Regionally, Asia Pacific observes a strong foothold in the global electronic security industry share. The primary reason behind APAC to become the hotspot for electronic security market investors is the real and perceived concerns regarding social unrest and economic growth across this belt. Uptick in industrialization, increasing disposable incomes of the middle-class population, tightened security procedures across airports and malls, and smart city phenomenon are some of the other driving factors, which are expected to result in market specific consumption and would impel APAC electronic security industry share.

The competitive hierarchy of electronic security industry is all inclusive of reputed biggies who have been increasingly focusing on novel product development, and innovative merchandizing strategies. Amidst the intense share battle, mergers and acquisitions is one of the major growth strategies underlining the sustainability quotient of the strategic landscape. A prominent instance can be placed as a testament of the fact- ADT, a leading name in North America electronic security market, has recently acquired commercial security business of Protec, Inc, in a bid to reinforce ADT's position in the regional business space.

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