Global Residential & Commercial Security Market - Forecast to 2022: Axis Comms, Bosch Sicherheitssysteme, Hangzhou Hikvision Digital Technology, Honeywell Intl, and NICE are Dominating - ResearchAndMarkets.com
Aug. 20, 2018
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Residential and Commercial Security Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global residential and commercial security market is forecast to grow at a CAGR of 11.21% during the period 2018-2022.
The report 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.
One trend in the market is growing popularity of video analytics. The video analytics capabilities of security video surveillance systems are getting advanced. Video analytics is a way of using software algorithms to automatically analyze video to detect and determine temporal and spatial events.
According to the report, one driver in the market is increase in the number of potential threats for residential and commercial end-users. There is a very high rise in the number of potential threats for residential and commercial end-users, which has increased the requirements to maintain a high physical safety infrastructure.
Further, the report states that one challenge in the market is increase in the number of cyberattacks on smart security systems. A rapid increase has been observed in the use of smart devices and smart security systems globally. Smart security systems are becoming more vulnerable to cyberattacks, owing to the use of off-the shelf products.
Key TrendsContinuous Development of New Products Growing Popularity of Video Analytics Rise in the Adoption of IoT-Based Security Solutions
Key VendorsAxis Communications Bosch Sicherheitssysteme Hangzhou Hikvision Digital Technology Honeywell International NICE
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Market Segmentation by End-User
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/6crzrk/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005491/en/
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Related Topics:Home Security and Safety,Security Services
INDUSTRY KEYWORD: TECHNOLOGY SECURITY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/20/2018 12:56 PM/DISC: 08/20/2018 12:56 PM