Smart Security Market to See 18.59% CAGR to 2019

Jul 03, 2015, 02:00 ET from ReportsnReports

DALLAS, July 3, 2015 /PRNewswire/ --

The Global Smart Security Market 2015-2019 research report provides a forecast and analysis of end-users of smart security such as residential users, commercial sector, utility sector, and government sector.

Complete report on smart security market spread across 105 pages, talking about 6 major companies and supported with 35 exhibits is now available at .

This smart security market research indicates that the rise in terrorist attacks has forced many countries to implement smart security solutions. The US government has taken initiatives to investigate and identify criminals by using security systems like video surveillance, access control systems, intruder alarms, perimeter intrusion prevention systems, and advanced software. Terrorism has increased significantly in areas like the Philippines in the last few years, resulting in an increased number of deaths from 2012-2013. This has led to higher demand for smart security solutions. This report emphasizes cloud-based video surveillance systems, which provide a more cost-effective and flexible solution for end-users to invest in.

Smart security market size is calculated based on revenue generated from the sales of smart security products, including surveillance systems, access control systems, perimeter intrusion prevention systems, intruder alarms, and software as well as revenue generated from the Americas, EMEA, and APAC.  This research provides market descriptions and landscapes for the global smart security market. Because the market is highly fragmented, with many small and large vendors, this report does not include the market share of all vendors. Instead, it presents a list of key vendors and their detailed analysis. The major drivers influencing the growth of smart security market, and the challenges faced by vendors and the market as a whole are also covered. Finally, the report examines key trends emerging in the market and assesses their impact on current and future market scenarios.

Companies mentioned in the 2015 smart security market research report include Axis Communications, Bosch Security Systems, Cisco Systems, Honeywell Security, NICE Systems, Tyco International, Anixter, AxxonSoft, DvTel, Genetec, Hikvision Digital, March Networks, Napco Security Technologies, Panasonic System Networks, Pelco and Schneider Electric. Order a copy of global smart security market 2015-2019 research report at .

The report, Global Smart Security Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global smart security market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Another and relevant research report titled Global Industrial Cyber Security Market 2015-2019 forecasts the worldwide industrial cyber security market to grow at a CAGR of 14.17% to 2019. The market size is calculated based on:

  • Revenue generated from the sales of industrial cyber security software, services, and hardware
  • Revenue generated from the Americas, EMEA, and APAC
  • It covers the utility sector (energy, nuclear power, oil and gas, and water) and manufacturing plants, where industrial cyber security is gaining prominence to strengthen and maintain secure functioning of assets, networks, and systems.

Companies active in the industrial cyber security market like Airbus Group, Cisco Systems, Honeywell International, Lockheed Martin, Schneider Electric, IBM, Innominate Security Technologies, Juniper Networks, Kaspersky Lab, Rockwell Automation, Siemens AG, Tofino Security and Yokogawa are mentioned in this report available at .

On the other hand, analysts forecast global physical security market in BFSI sector to grow at a CAGR of 8.79% to 2019. The report, Global Physical Security Market in BFSI Sector 2015-2019 presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market. To calculate the market size, the report considers the revenue generated from the sales of Access control systems, Cloud-based services, Physical security software and Surveillance systems. Based on geography, the market is segmented into the Americas, EMEA, and APAC. An IP video surveillance system includes a number of components such as cameras, video recorders, and storage devices. Private and public financial institutions are starting to use HD cameras, as they have high-quality imaging and 180 days of video storage. Also, IP cameras are inexpensive when compared to analog cameras, and they offer advantages such as scalability and flexibility. According to the report, organizations are facing increased data theft and unauthorized access. The leakage of a company's confidential data on financials, customers, and even strategies can damage its brand value. This can also affect its customer base adversely. The BFSI sector faces threats both from within and from external sources, and therefore adopts monitoring solutions. Also, the increased use of ATMs and online banking solutions means that monitoring solutions are needed to ensure the security of customer information and money. Further, banks use data centers to store financial information and customer data, which needs to be secured. These factors have led to the rapid adoption of monitoring solutions. Further, the report states that the high initial investments required to set up a physical security infrastructure are hindering the market growth. The companies that are key players in the global physical security market in the BFSI sector and discussed in this report are Axis Communications, Bosch Security Systems, Cisco Systems, Honeywell Security Group, NICE Systems and Tyco. Other Prominent Vendors mentioned in the research include Arecont Vision, Assa Abloy, Avigilon, AxxonSoft, CNL Software, Genetec, H3C Technologies, March Networks, MOBOTIX, Panasonic, Safran, Salient Systems, Samsung Techwin, videoNEXT and VidSys. Read more at .

Explore more reports on the IT & Telecommunications market at .

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