Global Electronic Safety System Market By Product Type (Video Surveillance Systems, Intrusion Alarm Systems, Fire Alarm Systems, Access Control Systems, IP and Analog CCTV, Electronic Article Surveillance and Detection Systems, Electrified Door Hardware, Hybrid Video Recorder, Network Video Recorder ), End- Users (Manufacturing Industries, Government Institutions, Educational Institutions, Healthcare Institutions, Data Centers, Commercial Infrastructure), Application (Residential, Commercial), Service (Business Intelligence, Cloud Based, Software- as – a- Service, Sales and Installation, Remote Monitoring, Loss Prevention), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Electronic Safety System Market
Global Electronic Safety System Market is expected to grow at a CAGR of 13.85% in the forecast period of 2019 to 2026. The report contains data from the base year of 2018 and historic year of 20174. Rising security concern among consumer is major factor for the growth of this market.
Market Definition: Global Electronic Safety System Market
Electronic security systems can perform various security operations like alarming, access control etc. They enhance the security and protect the human life. To protect confidential data they are used in business as well. They are widely used in many applications like video monitoring from remote location, facial recognition, smoke detection, automatic identification of vehicle number plate. Video surveillance systems are very useful as it property losses and damages and also discourage crimes.
- Increasing urbanization and industrialization is driving the market.
- Rising incidences of robbery, theft is driving the market.
- High cost of the electronic security system is restraining the market.
- Lack of awareness among consumer about the electronic security system.
Segmentation: Global Electronic Safety System Market
- By Product Type
- Video Surveillance Systems
- Intrusion Alarm Systems
- Fire Alarm Systems
- Access Control Systems
- IP and Analog CCTV
- Electronic Article Surveillance and Detection Systems
- Electrified Door Hardware
- Hybrid Video Recorder
- Network Video Recorder
- End- Users
- Manufacturing Industries
- Government Institutions
- Educational Institutions
- Healthcare Institutions
- Data Centers
- Commercial Infrastructure
- By Application
- By Service
- Business Intelligence
- Cloud Based
- Software- as – a- Service
- Sales and Installation
- Remote Monitoring
- Loss Prevention
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Key Developments in the Market:
- In March 2016. Zicom Electronic Security system announces the launch of their Ziman App for the safety and security in the city. In case of emergency, this app will provide a list of emergency services located in the vicinity of the incidents. The main aim is to help people in a user- friendly way.
- In January 2017, Cognitive System Corp, announced the launch of their new security system Aura that will use patented spectrum analytics technology. It will detect and monitor the motion that too without use of the camera and will notify the user on their smartphone if any unauthorized motion occurs. This system can also interact with other smart home systems.
Global electronic safety system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electronic safety system market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players
Few of the major competitors currently working in electronic safety system are Bosch Limited, Honeywell International Inc., A2 Systems, LLC., ALL-TAG Corporation, Anixter Inc., Hangzhou Hikvision Digital Technology Co.,Ltd., Nortek, Hanwha Techwin Co., Ltd., ASSA ABLOY, Zicom Electronic Security System Limited, Cisco Systems, SONY INDIA.,. Hikvision Digital Technology Co., Ltd., Avigilon, ADT, FLIR Systems, Inc., Mobotix.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved