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Security Solutions Market Worth 372.90 Billion USD by 2022


News provided by

MarketsandMarkets

31 Mar, 2017, 14:00 GMT

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PUNE, India, March 31, 2017 /PRNewswire/ --

The report "Security Solutions Market by Type [Products (Fire Protection, Video Surveillance, Access Control) and Services (System Integration, Remote Monitoring, Fire Protection, VSaaS, ACaaS)], End-use Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to grow from USD 206.69 Billion in 2016 to reach USD 372.90 Billion by 2022, at a CAGR of 10.16%.

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Browse 78 market data Tables and 94 Figures spread through 220 Pages and in-depth TOC on "Security Solutions Market"

http://www.marketsandmarkets.com/Market-Reports/home-security-solutions-market-701.html
Early buyers will receive 10% customization on this report.

The growth of the security solutions market is expected to be driven by the necessity to protect individuals as well as property from rapidly evolving threats, increasing consumer awareness & security concerns, willingness to pay for security systems, growing demand for the use of wireless technology in security systems, and adoption of IoT-based security systems.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=701

The commercial end-use industry in the security solutions market held the largest share in 2016. 

The increasing incidences of crimes such as theft of physical as well as data/information have led to a need for security systems to protect not only the property owners but the property as well. With this intention, corporate organizations are investing substantial amounts to protect sensitive data and their employees. For instance, access control systems or biometric security systems are used in server rooms of organizations that deal with sensitive data. Such security solutions prevent unauthorized access and thus safeguard property and people from untoward incidences.

The wireless systems segment is projected to grow at the highest rate in the security solutions market between 2017 and 2022. 

Wireless systems are not only easy to install but can also improve the interactive monitoring services of a system. They can be remotely operated, which makes them easy to use. Considering these benefits that wireless systems offer, the segment is expected to grow at the highest rate during the forecast period. Big players such as Frontpoint Security Solutions (U.S.) and ADT Corporation (U.S.) provide wireless security systems.

Americas held the largest share of the security solutions market in 2016. 

Most (commercial and residential) building structures in the Americas are fitted with fire protection systems due to the mandatory fire protection and safety regulations in the region. Several fire protection systems and equipment manufacturers in this region offer different fire protection systems such as smoke detectors, flame detectors, heat detectors, sprinklers, extinguishers, fire alarms, sirens, control panels & interfaces, and fire analysis software, among others.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=701

The security solutions market comprises major players such as ASSA ABLOY AB (Sweden), Bosch Security Systems (Germany), Honeywell International, Inc. (U.S.), Tyco International Ltd (U.S.), UTC Fire & Security (U.S.), ADT Corp(U.S.), Alarm.com (U.S.), Allegion (U.S.), Control4 (U.S.), Godrej & Boyce Manufacturing Company Limited (India), Ingersoll Rand Solutions (Ireland), Nortek Security & Control LLC (U.S.), Hikvision Digital Technology Co.Lt (China), SECOM Co., Ltd (Japan), Stanley Security Solutions (Indiana), Axis Communications AB (Sweden), and Zhejiang Dahua Technology Co., Ltd (China).

Browse Related Reports 

Access Control Market by Type (Hardware, Software & Services), Hardware (Magnetic Stripe, Proximity & Smart Cards, Biometrics, Electronic Locks (Electromagnetic, Electric Strike, Wireless), Controller/Server, Geography - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/access-control-market-164562182.html

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/video-surveillance-market-645.html


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About MarketsandMarkets  

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

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MarketsandMarkets
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Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
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