MRO Magazine

Research and Markets: Global Residential and Commercial Security Market 2015-2019: Challenges Explained


June 25, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/llcrrl/global) has announced the addition of the “Global Residential and Commercial Security Market 2015-2019” report to their offering.

The analysts forecast the Global Residential and Commercial Security market to grow at a CAGR of 15.16 percent over the period 2014-2019.

Key Regions

– Americas

– APAC

– EMEA

Key Vendors

– Axis Communications

– Bosch Security Systems

– Checkpoint Systems

– Honeywell Security

– NICE Systems

– Tyco

Other Prominent Vendors

– A2 Systems

– ADT

– ALL-TAG Security Americas

– Anixter

– Assa Abloy

– Avigilon

– Axxon Soft

– BRIAR Security Systems

– CNL Software

– DvTel

– Exacq Technologies

– Gallagher

– Genetec

– H3C Technologies

– Hikvision Digital

– Intergraph

– Ketec

– Lenel Systems

– MOBOTIX

– Moonblink

– Napco Security Technologies

– Nedap

– NetVersant

– Panasonic

– S2 Security

– Salient Systems

– Samsung Techwin

– Schneider Electric

– Security Station

– Siemens

– videoNEXT

– VidSys

– Yale

Commenting on the report, an analyst from the team said: Adoption of cloud-based technologies is one of the major trends upcoming in the market. Cloud-based security technology is cost-effective. Moreover, it avoids the cost incurred for replacing and upgrading hardware devices.

According to the report, growing adoption by commercial buildings is one of the major drivers in this market. Commercial buildings, which include retail stores and office buildings, are adopting security solutions to avoid instances of data theft and pilfering. This is supporting the revenue generation in the market.

Further, the report states that uncertain economic conditions are one of the major challenges in the market. High prices of security solutions may reduce the adoption of residential and commercial security products by cost-conscious end-users.

For more information visit http://www.researchandmarkets.com/research/llcrrl/global.

About Research and Markets

Research and Markets is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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