DUBLIN, Nov. 11, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/wshn8m/alarm_monitoring) has announced the addition of the "Alarm Monitoring Market by Communication Technologies (Wired Telecommunication Network, IP Network & Others), End Users (Vehicle Alarm Monitoring, Building Alarm Monitoring, & Others) Component and Geography - Global forecast to 2020" report to their offering.
The market is expected to reach USD 54.46 billion by 2020 from USD 36.29 billion in 2014, at a CAGR of 6.73% between 2015 and 2020.
Communication technologies such as wired telecommunication networks and IP networks are expected to dominate the global alarm monitoring market during the forecast period. The market share of IP network is expected to increase in the coming years. Rising application of remote patient monitoring in the healthcare industry, rising demand for smart home automation and security system, coupled with the increase in crime rates are expected to propel the growth of global alarm monitoring market.
The market associated with the alarm monitoring is poised to witness tremendous growth. End user segments such as building alarm monitoring and equipment monitoring are expected to be high growth areas for alarm monitoring.
This report covers the global alarm monitoring market on the basis of different types of communication technologies and end users. The major communication technologies considered for this study are wired telecommunication, cellular wireless, wireless radio, and IP networks. On the basis of end users, it has been segmented into equipment monitoring, vehicle alarms monitoring, building alarms monitoring, and environment monitoring. Equipment monitoring has been further segmented into telecom & network, industrial, medical, and others. Building alarm monitoring has been further segmented into residential and non-residential buildings.
This report describes the market trends, drivers, restraints, opportunities, and challenges for the global alarm monitoring market, and forecasts the alarm monitoring market from 2015 to 2020 on the basis of the communication technology into input signal, end users, components, and region. This report covers region such as North America, Europe, APAC, and the RoW (Rest of the World).
In 2014, North America was the largest region in terms of market size for the global alarm monitoring market worth USD 16.51 Billion and the APAC region is expected to grow at the highest CAGR of 12.62% between 2015 and 2020.
The report profiles the major players along with their SWOT analysis in the global alarm monitoring market. The market has been witnessing a series of new product launch announcements and partnerships across the value chain.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
7 Industry Trends
8 Market, By End User Application
9 Market, By Communication Technology
10 Market, By Input Signal
11 Market, By Component
12 Market, By Region
13 Competitive Landscape
14 Company Profiles
- ABB Ltd. - Diebold, Inc. - Honeywell International Inc. - Monitronics International - Rockwell Automation, Inc. - Schneider Electric Se - Siemens AG - The Adt Corporation - Tyco International Ltd. - United Technologies Corporation
For more information visit http://www.researchandmarkets.com/research/wshn8m/alarm_monitoring
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SOURCE Research and Markets