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Global Smart Security Market 2016-2020

Global Smart Security Market 2016-2020

About Smart Security

Smart security solutions are used to monitor the activity and behavior of people in enterprises, educational institutions, commercial buildings, and utility infrastructures that are prone to unauthorized access or damage. These solutions can help reduce the occurrences of criminal activities and instances of data theft. Smart security solutions include advanced security systems such as IP surveillance cameras, biometric access control systems, integrated perimeter intrusion prevention systems, and wireless alarms.

Technavio’s analysts forecast the global smart security market to grow at a CAGR of 22.58% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart security market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of smart security products.The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • MEA
  • North America
  • South America
Technavio's report, Global Smart Security Market 2016-2020, 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.

Key vendors
  • Axis Communications
  • Bosch Security Systems
  • Honeywell Security
  • NICE Systems (Qognify)
  • Tyco International
Other prominent vendors
  • Anixter
  • ASSA ABLOY
  • AxxonSoft
  • FLIR System
  • Genetec
  • Hanwha Techwin
  • March Networks
  • Schneider Electric
  • S2 Security
  • Swann
Market driver
  • Rise in violent activities
  • For a full, detailed list, view our report
Market challenge
  • Lack of professional expertise and high TCO
  • For a full, detailed list, view our report
Market trend
  • Emergence of wireless IP surveillance
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Security Market 2016-2020

Technavio recognizes the following companies as the key players in the global smart security market: Axis Communications, Bosch Security Systems, Honeywell Security, NICE Systems (Qognify), and Tyco International.

Other Prominent Vendors in the market are: Anixter, ASSA ABLOY, AxxonSoft, FLIR System, Genetec, Hanwha Techwin, March Networks, Schneider Electric, S2 Security, and Swann.

Commenting on the report, an analyst from Technavio’s team said: “One trend gaining traction in this market is emergence of wireless IP surveillance. Wireless IP surveillance is a highly affordable and easily deployable technology that combines wireless data transmission and IP video surveillance technologies to overcome various challenges such as the lack of network infrastructure and the lack of connectivity in remote locations.”

According to the report, rise in violent activities has driven growth in the global smart security market. Political instability in many parts of the world and regional conflicts have contributed to the increase in activities such as burglary and theft. The number of terrorist attacks such as shootings, bombings, and mass murder leading to the deaths of innocent civilians has increased. According to Technavio analysis, more violent activities take place in the Americas compared with other countries.

Further, the report states that one of the major challenges in the market is the lack of awareness about smart security solutions such as wireless video surveillance, biometrics, smart cards, intruder alarms, and IP video surveillance. The awareness about such technologies can help in understanding the security risks and threats faced by an organization and can help it to take effective security measures in a cost-effective manner.

Companies Mentioned

Axis Communications, Bosch Security Systems, Honeywell Security, NICE Systems (Qognify), Tyco International, Anixter, ASSA ABLOY, AxxonSoft, FLIR System, Genetec, Hanwha Techwin, March Networks, Schneider Electric, S2 Security, Swann.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Major countries considered
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Description of products
  • Market developments
  • Market landscape
    • Market overview
      • Table Overview of global smart security market
  • Product life cycle
    • Product life cycle analysis 2015
      • Table Product life cycle analysis 2015
    • Market assumptions
      • Table Market assumptions
    • Global smart security market
      • Table Global smart security market 2015-2020 ($ billions)
  • Market segmentation by products
    • Segmentation of global smart security market by products
      • Table Global smart security market by products 2015-2020 (% share)
    • Global smart security market for surveillance systems
      • Table Global smart security market for surveillance systems 2015-2020 ($ billions)
    • Global smart security market for access control systems
      • Table Global smart security market for access control systems 2015-2020 ($ billions)
    • Global smart security market for intruder alarms
      • Table Global smart security for intruder alarms 2015-2020 ($ billions)
  • Market segmentation by end-user
    • Segmentation of global smart security market by end-user
      • Table Global smart security market by end-user 2015-2020
    • Global smart security market in commercial sector
      • Table Global smart security market in commercial sector 2015-2020 ($ billions)
    • Global smart security market in residential sector
      • Table Global smart security market in residential sector 2015-2020 ($ billions)
    • Global smart security market in utility infrastructure
      • Table Global smart security market in utility infrastructure 2015-2020 ($ billions)
  • Geographical segmentation
    • Segmentation of global smart security market by geography
      • Table Global smart security market by geography 2015-2020 (% share)
    • Global smart security market by geography 2015-2020
      • Table Global smart security market by geography 2015-2020 ($ billions)
  • Buying criteria
    • Table Buying criteria
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Country-wise adoption of e-passports
    • Table Global smart security market: Major M&A 2013-2016
    • Five forces analysis
      • Table Five forces analysis
  • Vendor landscape
    • Competitive scenario
    • Vendor matrix: Product offerings
      • Table Product offerings
      • Table Features of products and industries by vendors
      • Table Vendor competitive rating
    • Description of major vendors
      • Table Vendor highlights: Key news
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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