Residential and Commercial Security Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2020

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The evolution of smart homes brought an integrated and centralized control of systems installed in homes. Smart homes feature connected systems and devices that include:
Environmental control systems (air conditioning, heating, and ventilation)
Household appliances (washing machines, refrigerators, freezers, and microwave ovens)
Consumer electronics (TVs, gaming consoles, and audio-video equipment)
Building components (curtains, windows, and doors)
These electronic systems and other household objects are connected to devices such as computer, tablet, or smartphone through a wired or a wireless network to facilitate remote accessibility.

Smart homes understand the requirements of occupants based on their lifestyle and preferences and respond in a particular manner. Security is one of the important aspects to be considered in homes, and smart homes provide increased security and alert the owners in case of incidents such as smoke, flooding, or extreme temperatures. Home security systems in smart homes can alert the home owners and possibly stop crimes before they happen and create a greater sense of safety and security.

Technavios analysts forecast the global residential and commercial security market to grow at a CAGR of 15.6% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global residential and commercial security market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of the following security solutions:
Surveillance systems
Intruder alarms
Software
Access control systems

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Residential and Commercial Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Axis Communications
Bosch Security Systems
Checkpoint Systems
Honeywell Security Systems
Qognify
Tyco International

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Other prominent vendors
ADT
A2 Systems
ALL-TAG Security Americas
Anixter
Assa Abloy
AxxonSoft
DvTel
Gallagher
Genetec
Hikvision Digital
Intergraph
Ketec
Lenel Systems

Market driver
Decline in prices of security solutions
For a full, detailed list, view our report

Market challenge
Confusion over choosing right security solution
For a full, detailed list, view our report

Market trend
Increasing demand for integrated security solutions
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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