Residential Security Market in Europe 2015-2019
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Transcript of Residential Security Market in Europe 2015-2019
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.
• 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.
• Technavio's report, 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.
Residential Security Market in Europe
2015-2019
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Market Overview• 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.
• Technavio's analysts forecast the residential security market in Europe to grow at a CAGR of 15.51% over the period 2014-2019.
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Key Vendors and Regions
• AkzoNobel
• Axis Communications
• Bosch Security Systems
• Honeywell Security
• NICE Systems
• Schneider Electric
• Siemens
• Tyco
View Our Report: Residential Security Market in Europe 2015-2019
• Europe
Vendors Regions
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Key Findings
• In Europe, homeowners are rapidly adopting 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.
• Also, cloud-based services can be used to store images captured by surveillance systems to be used on demand.
• Wireless technology such as smartphones, laptops, and tablets is gaining traction in the market in Europe.
• Surveillance systems capture the footage of sensitive areas, which can be accessed later on demand.
• Adopting surveillance solutions helps an organization to adhere to the security policies set by authorities. With the improving economic conditions in Europe, vendors in the market are increasingly investing in R&D.
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Key Questions Answered in Our 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?
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Residential Security Market in Europe 2015-2019
104 Pages | SKU: IRTNTR5777
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