Market Highlights:
Analysis By Top Key
Players - Honeywell International, Tyco International, Godrej & Boyce
Manufacturing, Bosch Security Systems, ASSA ABLOY AB, Hikvision Digital
Technology, ADT Corp, Nortek Security & Control, UTC Fire & Security
According to Market Research Future Security Solutions
Market The global security solutions market is expected to reach USD ~380
billion by the end of 2022 with ~11 % CAGR during forecast period 2018-2022
The design of efficient and sophisticated security systems
with user-friendly installation features enabled by wireless technology is the
key factor fuelling the growth of the market. Furthermore, availability of
remote monitoring with proper insurance policies is expected to boost the
market over the forecast period. Whereas, large initial investment and cost of
maintenance of the equipment along with lack of awareness regarding
technological enhancements are hampering the market.
It is the defense of digital information and IT assets
against internal and external threats. Defense includes detection, prevention
and response to threats using policies, software tools and IT services.
Increasing consumer awareness & security concerns, willingness to invest
for security systems, growing demand for the use of wireless technology in
security systems and adoption of IoT-based security systems are majorly driving
the growth of the market.
The wireless systems are not only easy to install but it
helps to improve the interactive monitoring services of a system and can be
remotely operated which makes it easy to use.
Key Players:
The key players in the global security solutions market
include Honeywell International, Inc. (U.S.), Tyco International Ltd (U.S.),
Godrej & Boyce Manufacturing Company Limited (India), Bosch Security
Systems (Germany), ASSA ABLOY AB (Sweden), Hikvision Digital Technology Co.Lt
(China), ADT Corp(U.S.)., Nortek Security & Control LLC (U.S.), UTC Fire
& Security (U.S.) and others.
Security Solutions
Market
According to Market Research Future, market has been
segmented into product, services, end-users and region.
By Product-
·
Entrance control
·
Intruder alarms
·
Wireless systems
·
Thermal cameras
·
Video surveillance
·
Access control
·
Fire Control
By Services-
·
Remote monitoring services
·
Fire protection services
·
Video surveillance services
·
Access control service
·
Security systems integration
By End-users-
·
Commercial
·
Industrial
·
Energy & Utility
·
Transportation
·
Retail
·
Banking & finance
·
Education
·
Residential
·
Government
·
Transportation
·
Others
Commercial segment accounted for the largest market share
majorly due to increasing adoption of security solution by various
organizations.
Access Report Details
@ https://www.marketresearchfuture.com/reports/security-solutions-market-2481
Market Research
Future Analysis:
The global security
solutions market is expected to grow significantly. The market is
highly application basis. Commercial segment of security solutions market
globally drives the market. The market is expected to have higher growth rate
as compared to the previous years.
North-America accounted for the largest market share because
of the technological advancements and usage of fire protection systems by all
the commercial and residential building structures.
Intended Audience
·
Manufacturers
·
Distributors
·
Research firms
·
Consultancy firms
·
Software Developers
·
Vendors
·
Semiconductor Manufacturers
·
Stakeholders
·
End-user sectors
·
Technology Investors
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
3.1 INTRODUCTION
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS
Continued…
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