Research and Markets (http://www.researchandmarkets.com/research/gfxz5t/residential) has announced the addition of the "Residential Security Market in Europe 2015-2019" report to their offering.
The analysts forecast the residential security market in Europe to grow at a CAGR of 15.51% over the period 2014-2019.
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:
Surveillance systems
Intruder alarms
Access control systems
Software
Key vendors
Axis Communications
Bosch Security Systems
Honeywell Security
NICE Systems
Schneider Electric
Siemens
Tyco
Other prominent vendors
A2 Systems
ADT
Anixter
Assa Abloy
Avigilon
AxxonSoft
BRIAR Security Systems
CNL Software
DvTel
Exacq Technologies
Gallagher
Genetec
H3C Technologies
Hikvision Digital
Intergraph
Lenel Systems
MOBOTIX
Moonblink
Napco Security Technologies
Nedap
NetVersant
Panasonic
S2 Security
Salient Systems
Samsung Techwin
Schneider Electric
Security Station
Siemens
videoNEXT
VidSys
Yale
Commenting on the report, an analyst from the team said: The increased adoption of cloud-based technologies is one such trend. With advances in technology, vendors are forced to offer cloud-based security solutions to increase their market shares. Because of the cost-effectiveness of such security solutions, homeowners are increasingly adopting security solutions with cloud-based technology to ensure security in residences.
According to the report, with an increase in crime rates in residential buildings in Europe, the adoption of security solutions is increasing. Crime, theft, and burglary harm individuals, leading to huge losses.
Further, the report states that uncertain economic conditions in Europe would be a major challenge in the market.
For more information visit http://www.researchandmarkets.com/research/gfxz5t/residential
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