Residential Security Market in Europe 2015 to grow at a CAGR of 15.51% by 2019: Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 09/21/2015 -- About residential security:-
Residential security is a part of physical security, which ensures safety and security of residential buildings and individuals. Residential security market in Europe to grow at a CAGR of 15.51% over the period 2014-2019. With an increase in theft and burglary in residences and a rise in the aging population in Europe, the demand for physical security solutions such as intruder alarms and electronic locks have surged. The installation of physical security solutions in residences has led to a reduction in the number of criminal attacks on residences. Residential security solutions provide around-the-clock protection to residences from gas leaks, fire, and other hazards. They provide 24/7 monitoring services to homeowners and an option to raise an alert in case of emergency. In Europe such solutions are also used to monitor infants and pets at home. Also, they are accessible from any remote location through smart devices such as cell phones, tablets, and laptops.
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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:
Access control systems
The report also contains some of the new developments in the market such as IoT and the emergence of commercialized smart home products that are expected to affect the market during the forecast period.
Residential Security Market in Europe 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.
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Bosch Security Systems
Other prominent vendors
BRIAR Security Systems
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Napco Security Technologies
Important Questions Answered in report:-
What will the expected Compound Annual Growth Rate For "Residential Security Market in Europe"?
What will the Residential Security Market in Europe size be in 2019?
What is driving this market?
What are the challenges related to Residential Security Market in Europe growth?
What are the key market trends?
Who are the key vendors in Residential Security Market in Europe area?
What are the market opportunities?
What are the strengths as well as weaknesses of the key vendors?
Which are the threats faced by the key vendors?