Press release
Smart Security Market Globally Grow at a CAGR of 18.59% by Revenue During the Forecast Period 2016-2019
About Smart SecuritySmart security solutions are used to monitor the activities and behavior of people in areas that are more prone to unauthorized access or damage, such as enterprises, educational institutions, commercial buildings, and utility infrastructure. Smart security includes advanced security systems such as IP surveillance cameras, biometric access control systems, integrated perimeter intrusion prevention systems, and wireless alarms. Thus, these solutions can secure an area from miscreants, terrorist activities, and data theft. Adoption of intelligent security solutions for cities and their infrastructure not only provides security but also peace of mind to the residents.
Technavio's analysts forecast the global smart security market to grow at a CAGR of 18.59% over the period 2014-2019.
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Covered :
This report covers the present scenario and growth prospects of the global smart security market for the period 2015-2019. The market size is calculated based on:
Revenue generated from the sales of smart security products, including surveillance systems, access control systems, perimeter intrusion prevention systems, intruder alarms, and software
Revenue generated from the Americas, EMEA, and APAC
This report also provides a forecast and analysis of end-users, such as residential users, commercial sector, utility sector, and government sector.
We provide market descriptions and landscapes for the global smart security market. Because the market is highly fragmented, with many small and large vendors, this report does not include the market share of all vendors. Instead, it presents a list of key vendors and their detailed analysis.
The major drivers influencing the growth of the market, and the challenges faced by vendors and the market as a whole are also covered. Finally, we examine key trends emerging in the market, and assess their impact on current and future market scenarios.
Technavio's report, Global Smart Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global smart security market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Vendors
Axis Communications
Bosch Security Systems
Cisco Systems
Honeywell Security
NICE Systems
Tyco International
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