(EMAILWIRE.COM, February 20, 2018 ) Market Highlights
The global electronic security systems market is poised to reach at market size of USD ~59 billion by end of year 2022 growing with ~30% CAGR. The growth in the electronic security systems market is driven by the increasing smart cities, rising incidents of security concern, improvement in network infrastructure and technologically advanced security products. Further, the rising demand for CCTV cameras & video surveillance system and investments by government in security projects are boosting the growth of the global electronic security systems market in the upcoming future. However, the factors hindering the growth of the Electronic Security System Market are privacy & security issues, high cost of electronic security systems and lack of consumer awareness.
The electronic security systems provides security solutions within work places, commercial places, shopping centers, railway stations and other public & private places. The system is also used for remote zone. They are utilized as access control systems, fire recognition, avoidance systems and attendance record systems.
This study provides an overview of the global electronic security systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast focusing on the market opportunities for the next five years for each region.
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Segments
The Global Electronic security system market has been segmented on the basis of type, end-users and region. By type, the market has been bifurcated into access control, intrusion detection, vehicle security and video surveillance. On the basis end-users, the market includes- healthcare, BFSI, residential, industrial and government. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and Rest of the world (RoW).
Regional Analysis
There has been a shift in the demand for security services from the developed nations to the developing nations in the last few years. North America accounted for the largest market share in electronic security system market majorly due to increasing safety awareness among industrial as well as residential end users. North American countries- especially U.S. accounted for the largest market share in global electronic security system market due to factors such as high adoption of the security technology by commercial and government end-users, growing focus on critical infrastructure protection, strict government regulations and advancements in the technological products in the region. Asian countries especially China is expected to be the fastest growing region during the forecast period 2016-2022, majorly being the manufacturing hub for the electronic security systems and also due to the increasing number of construction activities in the region.
Key Players
The key players of global electronic security system market report include 3D Datacom (U.S.) (Sweden), Bosch Security Systems (Germany), 3VR Security, Inc. (U.S.). (U.S.), Honeywell international Inc. (U.S.), A&B Security Group (U.S.) , Panasonic System Networks Co. Ltd (Japan), Sony Corporation (Japan), Schneider Electric (France), Cisco Systems, Inc. (U.S.) , A-TEC security system, Inc. (U.S.) and others.
Get complete Report @ https://www.marketresearchfuture.com/reports/electronic-security-system-market-2325
Intended Audience
Electronic security system Manufacturers
Distributors
Research firms
Consultancy firms
End-users
Semiconductor Manufacturers
Stakeholders
Technology Investors
Market Research Future
+1 (646) 845 9349
sales@wiseguyreports.com
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The global electronic security systems market is poised to reach at market size of USD ~59 billion by end of year 2022 growing with ~30% CAGR. The growth in the electronic security systems market is driven by the increasing smart cities, rising incidents of security concern, improvement in network infrastructure and technologically advanced security products. Further, the rising demand for CCTV cameras & video surveillance system and investments by government in security projects are boosting the growth of the global electronic security systems market in the upcoming future. However, the factors hindering the growth of the Electronic Security System Market are privacy & security issues, high cost of electronic security systems and lack of consumer awareness.
The electronic security systems provides security solutions within work places, commercial places, shopping centers, railway stations and other public & private places. The system is also used for remote zone. They are utilized as access control systems, fire recognition, avoidance systems and attendance record systems.
This study provides an overview of the global electronic security systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast focusing on the market opportunities for the next five years for each region.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2325
Segments
The Global Electronic security system market has been segmented on the basis of type, end-users and region. By type, the market has been bifurcated into access control, intrusion detection, vehicle security and video surveillance. On the basis end-users, the market includes- healthcare, BFSI, residential, industrial and government. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and Rest of the world (RoW).
Regional Analysis
There has been a shift in the demand for security services from the developed nations to the developing nations in the last few years. North America accounted for the largest market share in electronic security system market majorly due to increasing safety awareness among industrial as well as residential end users. North American countries- especially U.S. accounted for the largest market share in global electronic security system market due to factors such as high adoption of the security technology by commercial and government end-users, growing focus on critical infrastructure protection, strict government regulations and advancements in the technological products in the region. Asian countries especially China is expected to be the fastest growing region during the forecast period 2016-2022, majorly being the manufacturing hub for the electronic security systems and also due to the increasing number of construction activities in the region.
Key Players
The key players of global electronic security system market report include 3D Datacom (U.S.) (Sweden), Bosch Security Systems (Germany), 3VR Security, Inc. (U.S.). (U.S.), Honeywell international Inc. (U.S.), A&B Security Group (U.S.) , Panasonic System Networks Co. Ltd (Japan), Sony Corporation (Japan), Schneider Electric (France), Cisco Systems, Inc. (U.S.) , A-TEC security system, Inc. (U.S.) and others.
Get complete Report @ https://www.marketresearchfuture.com/reports/electronic-security-system-market-2325
Intended Audience
Electronic security system Manufacturers
Distributors
Research firms
Consultancy firms
End-users
Semiconductor Manufacturers
Stakeholders
Technology Investors
Market Research Future
+1 (646) 845 9349
sales@wiseguyreports.com
Source: EmailWire.Com