Interactive Residential Security Market in the US to Grow at a CAGR of 31.87% over the Period 2014-2019; Finds New Report
Market Research Reports, Inc. has announced the addition of “Interactive Residential Security Market in the US 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 05/26/2015 --Report forecast the interactive residential security market in the US to grow at a CAGR of 31.87% over the period 2014-2019.
Interactive residential security is a part of physical security and ensures the safety of residential buildings and individuals from various attacks with the help of interactive systems by reducing emergency response time. With an increase in theft and burglary in residences and a rise in the aging population in the US, the demand for interactive residential security solutions such as energy management and climate control systems and PERS has increased.
The installation of physical security solutions in residences has led to a reduction in the number of criminal attacks on residences. Residential security solutions provide around-the-clock protection to residences from gas leaks, fire, and other hazards. They provide 24/7 monitoring services to homeowners and an option to raise an alert in case of emergency.
In US, such solutions are also used to monitor infants and pets at home. Also, they are accessible from any remote location through smart devices such as cell phones, tablets, and laptops.
The report covers the present scenario and growth prospects of the interactive residential security market in the US for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of following applications:
- Energy management and climate control systems
- Security and access control systems
- PERS
- Lighting control systems
- Healthcare systems
According to the report, in the US, the usage of home and kitchen appliances such as TVs, refrigerators, security cameras, dishwashers, and microwaves has increased. However, these appliances often have high energy consumption, and the rising cost of energy has led consumers to look for energy-efficient solutions. For example, there are smart homes that use programmable thermostats, occupation detectors and motion sensors, solar-powered products, and zone-based thermostats to conserve energy and improve efficiency.
Further, the report states that uncertain economic conditions in the US will reduce vendor spending. This will lead to a decline in the quality of security solutions provided by these vendors and thereby affect market growth.
Interactive Residential Security Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers 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
- ADT
- AT&T
- CenturyLink
- Comcast
- Honeywell International
- Interlogix
- Protect America
Other Prominent Vendors
- Amdocs
- Arrayent
- CentraLite Systems
- Ecobee
- Electrolux Home Products
- Google
- IBM
- Ingenious Med
- Ingersoll-Rand
- Intel-GE Care Innovations
- Leviton Manufacturing
- LG Electronics U.S.A.
- Lutron Electronics
- Numera
- Overhead Door
- Radio Thermostat Company of America
- Savant Systems
- Siemens Industry
- Somfy Systems
- Tendril Networks
- Tyco
- Universal Electronics
- Versus Technology
- VIA International
- Whirlpool
Market Driver
- Increased demand for efficient energy solutions
- For a full, detailed list, view our report
Market Challenge
- Uncertain economic conditions
- For a full, detailed list, view our report
Market Trend
- Increased use of wearable devices
- 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 96 pages and 35 Exhibits "Interactive Residential Security Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Profile, Market Description, Market Landscape, Product Life Cycle Analysis, Market Convergence: IoT, Emerging Trends, Market Segmentation by Application, 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/interactive-residential-security-market-us-2015-2019
Find all Security Equipment Reports at: http://www.marketresearchreports.com/security-equipment
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletter
Media Relations Contact
Amitava Sen
VP - Sales & Marketing
Market Research Reports, Inc.
302-703-7787
http://www.marketresearchreports.com/technavio/interactive-residential-security-market-us-2015-2019
View this press release online at: http://rwire.com/600147