Global Home Security Solutions Market Analyzed & Forecast in New Study Available at MarketPublishers.com19 Jun 2012 • by Natalie Aster
LONDON – Driven by the increase in home burglary rates, attractive insurance policies to residents for installation of security solutions, growth in iPads and tablets markets, the global home security solutions market is expected to grow from last year’s USD 20.64 billion to USD 34.46 billion by 2017 at 9.1% CAGR from 2012 to 2017. The market is, however, facing challenges with regard to awareness levels about technological developments and higher cost of the solution.
Among the various end-products used for home security solutions, cameras, followed by electronic locks and sensors, are the most potential product market with a market share of around 26.69% as of 2011. With respect to security systems, energy management system and integrated security system are estimated to grow at 30.7% and 25.4% CAGRs, respectively, from 2012 to 2017.
New research study “Home Security Solutions Market - Global Forecast & Analysis (2012 – 2017)” drawn up by MarketsandMarkets has been recently published by Market Publishers Ltd.
Title: Home Security Solutions Market - Global Forecast & Analysis (2012 – 2017)
Published: June, 2012
Price: US$ 4,650
The study presents in-depth analysis and forecast of the worldwide home security solutions market, categorizing it on the basis of technologies, security system solution, different types of homes, and geography. To contribute to a better understanding of the sector, the report gives detailed insights into the major market drivers, challenges, opportunities, and key issues. Moreover, the competitive landscape along with elaborate profiles of around 20 companies analyzed through a company overview, key financials, products & services, strategy and developments can also be found in the research work.
More new research studies by the publisher can be found at MarketsandMarkets page.
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