Boston, MA -- (SBWIRE) -- 11/22/2016 -- Smart security solutions are used to monitor the activity and behavior of people in enterprises, educational institutions, commercial buildings, and utility infrastructures that are prone to unauthorized access or damage. These solutions can help reduce the occurrences of criminal activities and instances of data theft. Smart security solutions include advanced security systems such as IP surveillance cameras, biometric access control systems, integrated perimeter intrusion prevention systems, and wireless alarms.

Technavio's analysts forecast the global smart security market to grow at a CAGR of 22.58% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart security market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of smart security products.

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

Get More Details on this Report and a Full Table of Contents at Global Smart Security Market 2016-2020

-APAC
-Europe
-MEA
-North America
-South America

Technavio's report, Global Smart 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
-NICE Systems (Qognify)
-Tyco International

Other prominent vendors

-Anixter
-ASSA ABLOY
-AxxonSoft
-FLIR System
-Genetec
-Hanwha Techwin
-March Networks
-Schneider Electric
-S2 Security
-Swann

Market driver

-Rise in violent activities
-For a full, detailed list, view our report

Market challenge

-Lack of professional expertise and high TCO
-For a full, detailed list, view our report

Market trend

-Emergence of wireless IP surveillance
-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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Axis Communications, Bosch Security Systems, Honeywell Security, NICE Systems (Qognify), Tyco International, Anixter, ASSA ABLOY, AxxonSoft, FLIR System, Genetec, Hanwha Techwin, March Networks, Schneider Electric, S2 Security, Swann

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Software research reports at Fast Market Research

You may also be interested in these related reports:
-Global Smart Grid Cyber Security Market 2016-2020
-Global Home Security System Market 2015-2019
-Smart Building Market - Global Forecast to 2021
-Next Generation Network OSS/BSS Market and Forecast 2015 - 2020
-Smart Railways Market - Global Forecast to 2020