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Smart security solutions are used to monitor the activity and behavior of people in enterprises, educational institutions, commercial buildings, and utility infrastructures that are prone to unauthorized access or damage. These solutions can help reduce the occurrences of criminal activities and instances of data theft. Smart security solutions include advanced security systems such as IP surveillance cameras, biometric access control systems, integrated perimeter intrusion prevention systems, and wireless alarms.
Scope of the Report:
This report studies the Smart Security market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Smart Security market by product type and applications/end industries.
The surveillance systems segment that consists of intelligent video surveillance, intelligent video analytics, and smart cards dominated the market. The increasing adoption of video surveillance systems owing to the rise in instances of criminal activities in various end-user sectors including commercial, residential, transportation, education, and healthcare, will drive the growth of the market during the next few years.
According to this market study, the commercial segment will dominate the market throughout the next few years. Factors such as employee theft, property crime, and information security will result in a rapid increase in the adoption of security systems such as intruder alarms, video surveillance, and access control systems, which will bolster the market's growth prospects in the coming years.
The global Smart Security market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Smart Security.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Bosch Security Systems
- Honeywell Security
- Axis Communications
- NICE Systems (Qognify)
- Tyco International
- FLIR System
- Hanwha Techwin
- Schneider Electric
- S2 Security
- March Networks
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Smart Intruder Alarms
- Intelligent Video Surveillance
- Intelligent Video Analytics
- Smart Cards
Market Segment by Applications, can be divided into
- Utility Infrastructure