Deerfield Beach, FL -- (SBWIRE) -- 07/24/2015 -- Residential Security Market in Europe 2015-2019

About residential security
Residential security is a part of physical security, which ensures safety and security of residential buildings and individuals. With an increase in theft and burglary in residences and a rise in the aging population in Europe, the demand for physical security solutions such as intruder alarms and electronic locks have surged. 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 Europe 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.

Residential security market in Europe to grow at a CAGR of 15.51% over the period 2014-2019.

About the Report
The recent rise in the number of criminal activities, thefts and unauthorized access to residences in Europe has increased the perceived threat among homeowners. As a result, residential buildings in Europe are being equipped with security systems that will help residents to remotely control electronic devices at home with the help of mobile devices.

"The use of monitoring solutions in residences is at a nascent stage in Europe, but is expected to increase significantly during the forecast period,".

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The latest industry analysis emphasizes the rapid adoption of cloud-based residential security solutions that provide a self-monitoring and remote service solution. It provides homeowners with a user-friendly interface to help them arm, disarm or check the security status from a remote location.

Covered in this report
The report covers the present scenario and growth prospects of the residential security market in Europe for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of following product segments:

Surveillance systems
Intruder alarms
Access control systems
Software

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The report also contains some of the new developments in the market such as IoT and the emergence of commercialized smart home products that are expected to affect the market during the forecast period.

Residential Security Market in Europe 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Market Scope and Calculation of Market Size
The report covers the present scenario and growth prospects of the residential security market in Europe from 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of different products of the residential security market in Europe:

Surveillance systems
Intruder alarms
Access control systems
Software

Key Vendors:
Axis Communications AB
Bosch Security Systems
NICE Systems Ltd.
Schneider Electric SE
Siemens AG
Tyco International Ltd.