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Security as a Service Market to Be Worth $1.5B by 2020, Technavio Says

The Americas dominated the global Security as a Service market in 2015, capturing 65% of the overall market share.


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The commercial sector holds the largest portion of the installed base in 2016 with 495 million units or 21.6% share. SSI Staff · August 11, 2016

A survey conducted by Coldwell Banker Real Estate LLC and Parks Associates found that 44% of Americans who are looking for a move-in ready home want smart home technology installed. SSI Staff · August 10, 2016

August Home conducted a study that found 80% of vacation guests and 92% of business travelers would prefer a short-term rental property with smart home technology than a property without the technology. SSI Staff · August 02, 2016

Instead, it's believed that manufacturers seizing market share from competing vendors is fueling the increased supply concentration. Rodney Bosch · July 20, 2016

A research report published by Parks Associates found that by 2020, more than 50% of U.S. broadband households will have a smart home controller. Also, 24% will have an IP camera and 26% will have a home security system. SSI Staff · July 19, 2016

Home security remains one of the key drivers for smart home adoption, according to a recent research report. The study also found that energy savings are a critical point of emphasis, too. SSI Staff · July 14, 2016

The global market is projected to be growing annually at a rate of 7.9%. SSI Staff · July 11, 2016

Consumer electronics application is expected to hold the largest share of the IoT communication protocol market by 2022. SSI Staff · July 08, 2016

The global video analytics market is expected to reach $4.2 billion by 2021 at a CAGR of 20.2%, according to a recent market forecast by RnR Market Research. SSI Staff · July 01, 2016

The global smart home market is expected to surpass $60 billion by 2021 according to a forecast by Research and Markets. SSI Staff · June 29, 2016




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