DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gfxz5t/residential) has announced the addition of the "Residential Security Market in Europe 2015-2019" report to their offering.
The analysts forecast the residential security market in Europe to grow at a CAGR of 15.51% over the period 2014-2019.
Covered in this report
The report covers the present scenario and growth prospects of the residential security market in Europe for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of following product segments:
- Surveillance systems
- Intruder alarms
- Access control systems
- Software
Key vendors
- Axis Communications
- Bosch Security Systems
- Honeywell Security
- NICE Systems
- Schneider Electric
- Siemens
- Tyco
Other prominent vendors
- A2 Systems
- ADT
- Anixter
- Assa Abloy
- Avigilon
- AxxonSoft
- BRIAR Security Systems
- CNL Software
- DvTel
- Exacq Technologies
- Gallagher
- Genetec
- H3C Technologies
- Hikvision Digital
- Intergraph
- 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: The increased adoption of cloud-based technologies is one such trend. With advances in technology, vendors are forced to offer cloud-based security solutions to increase their market shares. Because of the cost-effectiveness of such security solutions, homeowners are increasingly adopting security solutions with cloud-based technology to ensure security in residences.
According to the report, with an increase in crime rates in residential buildings in Europe, the adoption of security solutions is increasing. Crime, theft, and burglary harm individuals, leading to huge losses.
Further, the report states that uncertain economic conditions in Europe would be a major challenge in the market.
For more information visit http://www.researchandmarkets.com/research/gfxz5t/residential
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