Global Smart Security Industrial and Market studies 2016

Smart security solutions refer to advanced security systems such as wireless alarms, IP surveillance cameras, integrated perimeter intrusion prevention systems, and biometric access control systems, used for monitoring the activities and behavior of people to secure an area from terrorist activities, data theft, and other harmful activities.

The report provides an overview of the global smart security market and points out the various drivers and restraints affecting the market’s growth. The report points out that the growing instances of terrorist attacks have driven the demand from the global smart security market. However, the market is at risk from uncertain economic conditions around the world.

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The report cites that the adoption of cloud-based video surveillance systems has emerged as a new trend in the global smart security market. The emergence of commercialized smart security products such as Samsung Smart Home, Apple Homekit, Smart Door locks, Google Nest, and networked video cameras has also revolutionized the market.

The report analyzes the lifecycle of smart security products and compiles information regarding the revenue generated from the sales of smart security products. On the basis of the product category, the report segments the global smart security market into integrated perimeter intrusion prevention systems, IP surveillance cameras, biometric access control systems, and wireless alarms. The report studies the demand for each of the product segments and estimates their growth during the forecast horizon.

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