- July 2018 |
- Information and Communication Technology (ICT) / Digitalization & Internet Of Things (IOT)
Global Residential Security Market By Product (Security Cameras, Smart Locks, Sensors, Security Alarms, Fire Sprinklers And Extinguishers), By Solution (Audio-Visual Surveillance, Control & Management, Home Integrated Security, Alert System, Intercom System, Fire Protection) By Home Type (Independent And Apartments) Size And Forecast To 2018-2024
Lucrative opportunities which firms a positive future of the Global Residential Security Market include the introduction of predictive intelligence in Residential security solutions and growth in the do it yourself (DIY) security solutions. Emerging trends which promises a continuous growth of the global Residential security market comprises of rapid emergence of the wireless residential security which acts as a status trend in many developing regions. The future of the global Residential security market is predicted to be attractive with an increasing number of threats in the residential sector across the globe. As per the study, the market is estimated to reach above USD 67,588 million by 2024. On the account of substantial development in technologies, such as the Internet of Things (IoT), adoption of cloud based security technologies and rapid increase in demand for advanced security solutions, like alert systems and wireless locks, this market is gaining more traction.
Global Residential Security Market: Key Stakeholders
· Security Equipment Providers
· Industrial & Home Security Providers
· Software & Hardware Providers
· Electrical & Electronic Device Suppliers
· Telecommunication Providers
· Cloud Service Providers
· Professional & Managed Service Providers
· Real Estate Builders
· Safety Standard Providers
· Investors
Global Residential Security Market Insights:
According to BlueWeave Consulting, the key findings of the report “Global Residential Security Market Size, Share, Development, Growth and Demand Forecast to 2024” are:
· As per the research, sale of security cameras was highest amongst other residential security products. Further, security camera segment is expected to continue with its highest revenue contribution during the forecast period. Security cameras...