Global Residential and Commercial Security Market to Grow at a CAGR of 15.16% over the Period 2014-2019, Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Residential and Commercial Security Market 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 04/02/2015 --Report forecast the Global Residential and Commercial Security market to grow at a CAGR of 15.16 percent over the period 2014-2019.
Residential and commercial security is a form of physical security. Because of increasing instances of theft and burglary in residential areas, need for physical security solutions like intruder alarms and electronic locks has increased. Apart from residences, commercial buildings such as retail stores, shopping malls, warehouses, and office buildings also employ physical security. Physical security in retail stores is a critical issue for retailers globally, primarily because of reduction in their profitability owing to retail shrinkage.
This report covers the present scenario and the growth prospects of the Global Residential and Commercial Security market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following products:
- Surveillance systems
- Intruder alarms
- Software
- Access control systems
The Global Residential and Commercial Security market is segmented based on the following:
- End-users: Residential and Commercial
- Geography: the Americas, and the EMEA and APAC regions
The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the Global Residential and Commercial Security market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
According to the report, growing adoption by commercial buildings is one of the major drivers in this market. Commercial buildings, which include retail stores and office buildings, are adopting security solutions to avoid instances of data theft and pilfering. This is supporting the revenue generation in the market.
Further, the report states that uncertain economic conditions are one of the major challenges in the market. High prices of security solutions may reduce the adoption of residential and commercial security products by cost-conscious end-users.
Global Residential and Commercial Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Residential and Commercial Security market landscape and its growth prospects over the coming years. The report includes a discussion of the key vendors operating in this market.
Key players in the Global Residential and Commercial Security Market: Axis Communications AB, Bosch Security Systems, Checkpoint Systems Inc., Honeywell Security Group, NICE Systems Ltd. and Tyco International Ltd.
Other Prominent Vendors in the market are: A2 Systems, ALL-TAG Security Americas, Anixter, Assa Abloy, AxxonSoft, CNL Software, DvTel, Genetec, Hikvision Digital, Intergraph, Ketec, Lenel Systems, MOBOTIX, Moonblink, Nedap, NetVersant, Panasonic, S2 Security, Salient Systems, Samsung Techwin, Schneider Electric, Security Station, Siemens, VidSys and videoNEXT
Key Regions
- Americas
- APAC
- EMEA
Market Driver
- Growing Adoption by Commercial Buildings
- For a full, detailed list, view our report
Market Challenge
- Overdependence on Prevailing Economic Conditions
- For a full, detailed list, view our report
Market Trend
- Adoption of Cloud-based Technologies
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Spanning over 100 pages "Global Residential and Commercial Security Market 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Description, Product Life Cycle Analysis, Market Developments and Opportunities, Market Landscape, Market Segmentation by Product, Market Segmentation by End-user, Geographical Segmentation, Market Attractiveness, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-residential-and-commercial-security-market-2015-2019
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