Electronic Security Market Innovation, Sales, Growth and Increasing Demands at CAGR of 14.4% over 2016-2020

Recent research and the current scenario as well as future market potential of "Global Electronic Security Market 2016-2020" globally.


Albany, NY -- (SBWIRE) -- 10/19/2016 -- About Physical Security

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Physical security refers to security measures that help to monitor and control access of an entity to premises, or equipment, or resources. These measures protect individuals and property from theft or attacks. Physical security involves the use of multiple layers of security products, such as surveillance systems, locks, and access control systems. It is mainly divided into two: electronic physical security and mechanical physical security. Electronic physical security is a system that is developed by integrating numerous entities as per end-users' requirements. This security system is a combination of various security equipment or solutions.

Technavios analysts forecast the global electronic security market to grow at a CAGR of 14.4% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global electronic security market for 2016-2020. This report provides a list of vendors that provide electronic security solutions across the globe. Vendors are identified based on their product features, geographical presence, customer base, and product portfolio.

The market is divided into the following segments based on geography:

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Technavio's report, Global Electronic Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Axis Communications
Bosch Security Systems
Honeywell Security
Tyco Security Products

Other prominent vendors

ADT Security Services (acquired by Apollo Global Management in June 2016)
A2 Systems
ALL-TAG Security Americas
Checkpoint Systems
FLIR Systems
Hikvision Digital
Lenel Systems
Nortek Security (acquired by Melrose Industries and Nevada Corp in July 2016)
S2 Security Corporation
Salient Systems
Samsung Techwin (named changed to Hanwha Techwin)

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Market driver

Decline in prices of security products
For a full, detailed list, view our report

Market challenge

Replacing analog cameras with new IP cameras
For a full, detailed list, view our report

Market trend

Rising adoption of electronic security products by SMEs
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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