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Residential Security Market to Record CAGR of 17.11% Through 2020

Residential Security Market to exceed USD 1,867.5 Million in 2020


Deerfield Beach, FL -- (SBWIRE) -- 09/27/2017 -- According to the report, the Europe residential security market was valued at USD 759.2 million in 2014 and is expected to reach USD 1,867.5 million by 2020. Europe residential security market is expected to grow at a CAGR of 17.11% between 2015 and 2020. Zion Research has published a new report titled Residential Security Market in Europe (Surveillance Systems, Intruder Alarms, Access Control Systems and Software): Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020.

The report covers forecast and analysis for the Europe residential security market on a regional level. The study provides actual data of 2014 along with a forecast from 2015 to 2020 in terms of revenue (USD million). The study includes drivers and restraints for the Europe residential security market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Europe residential security market on a Europe level.

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The research provides a decisive view on the Europe residential security market. The report includes a complete competitive scenario, recent trends, product lifecycle and product portfolio of key vendors, which provides a comprehensive view of the market. The report evaluates Porter's Five Forces model to estimate the grade of existing competition in the residential security market. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

The report includes analysis of key products segments of the residential security market. It provides the current market size in terms of revenue as well as a forecast of demand from 2015 to 2020 for individual product (surveillance systems, intruder alarms, access control systems, and software) segment.

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The report covers competitive scenario that provides the company overviews of the key participants operating in the global market. There are some major manufacturers have a great impact on market namely as Honeywell International Inc., Bosch Security Systems Inc., Tyco International, GE Security Inc Ltd., AMX Corp., Control4 Corp., Inc., Siemens Building Technologies AG., and home Automation Inc.

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